Archived tweet

Tweet by TransitFinance:

Transit Announcement Regarding a recent incident related to historical legacy risks, we would like to share the following update: Cause of the Incident The issue was related to an early-version smart contract previously deployed on TRON. Although this legacy contract had been deprecated since 2022, historical vulnerabilities within it were recently exploited, affecting a limited number of users. Actions Taken Upon discovery, our team immediately carried out investigation, isolation, and mitigation measures, followed by additional review and remediation on May 12, 2026. Users do not need to take any action. The current smart contract version remains unaffected and has been operating securely for over four years, with ongoing security audits, testing, and monitoring in place. We will continue strengthening the management of legacy contracts and potential on-chain risks to further improve overall security. Compensation Affected users will receive full compensation, with further details to be announced through our official channels. Security Reminder • Please remain cautious of unsolicited messages or accounts claiming to represent Transit Finance. • Never share your private key or seed phrase with anyone. Transit Team Tweeted at 9:47 AM · May 13, 2026