TAC was attacked due to a vulnerability in the Cosmos EVM precompile layer, with approximately 2.986 billion TAC tokens transferred.
TAC tweeted that on August 22, an attacker exploited a vulnerability in the Cosmos EVM precompile layer, transferring 2,985,651,403 TAC from a single account on the TAC network. The project team subsequently paused the network at block height 24,671,475 to halt the attack.