Telcoin Price Plummets 40% After $1.2 Million Exploit of Users' Wallets
- Telcoin token price fell 40% due to apparent exploit relating to Polygon wallet implementation
- Exploiter drained over $1.2 million from affected Telcoin accounts
- Issue impacted Telcoin app users who had never initiated transactions
- Telcoin said no private keys or sensitive data were leaked
- Team plans to restore all wallet balances before turning app back on