Resolv Labs: 9 million illegally minted USR tokens have been destroyed. Do not trade related tokens during the restoration period.

CoinFeed reported on March 23 that Resolv Labs issued an update regarding the security incident, stating that a malicious attacker illegally accessed Resolv infrastructure yesterday using a stolen private key, minting approximately $80 million worth of uncollateralized USR. The relevant smart contracts were quickly suspended, and approximately 9 million USR held by the attacker were destroyed to mitigate the potential impact. Currently, the protocol holds approximately $141 million in assets, and the confirmed actual impact is only about $500,000 in redemptions processed before the suspension. The current USR supply consists of 102 million USR before the incident and approximately 71 million newly minted illicit tokens. As a first step in recovery, Resolv plans to allow redemptions of pre-incident USR starting March 23, 2026, for whitelisted users. Affected users should coordinate directly with RDAL through official channels.