SOON responds to coin price crash: attackers carefully planned, project team and market maker did not participate in this event

律动BlockBeats
律动BlockBeats|Jul 10, 2025 10:04
BlockBeats News: On July 10th, SOON responded to the coin price crash event that occurred on July 5th on the X platform. The SOON Foundation stated that the attackers carried out synchronized withdrawals and cross CEX selling actions, and the high degree of synergy in their actions indicates that this was a carefully planned operation. Meanwhile, attackers exploited the extreme negative financing rates in contract trading to gain huge profits from short positions. The SOON Foundation clarified that the project team and SOON's official market making partners Jump Crypto and Amber Group did not participate in any capacity in the event on July 5th, and disclosed the holding addresses of all parties involved.
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