Fogo: The main network has been suspended to prevent the continued transfer of stolen funds

On 30 August, according to information received, Fogo, a SVM Layer 1 network, indicated that, after detection of unauthorized activities, precautionary measures had been taken to suspend the operation of the Fogo main network in order to prevent the continued transfer of affected assets. During the suspension of the main network, Fogo will upgrade the network to limit the address associated with the event. The team indicated that follow-up progress would be published once further information was confirmed and that users would be reminded to access the information only through the official Fogo channel. At present, the cause of the incident, the size of the assets affected and the date of recovery of the main network have not been disclosed. It was previously reported that the Fogo Foundation had recently been invaded by unknown assailants, resulting in the transfer of about 400 million FOGO coins to the attackers ' addresses. The Foundation indicated that the relevant trading platform had been notified first and was actively communicating with law enforcement agencies and forensic experts。