Resolv Labs: Strongly recommend users not to trade or purchase USR at this time

Odaily reported that Resolv Labs posted on X strongly advising users not to trade or purchase the USR stablecoin at this time. On-chain data shows that USR illegally minted by the attacker has been mixed with legitimate USR from before the attack in multiple wallets and continues to circulate on the secondary market. The official statement pointed out that these illegally minted USR tokens have no collateral backing and do not have redemption rights. Any current transactions may involve contaminated assets, increasing the complexity of subsequent asset recovery and handling.

Resolv Labs stated that they are still in the early stages of evaluating compensation plans for affected users, and cannot make any guarantees yet. Ongoing trading activities may further limit the potential scope for compensation. The team said they are working closely with relevant protocol parties to formulate solutions and will announce more details in due course.