Recently , the Taylor company that launched ICO to develop an intelligent crypto money trading platform has steered some TAY tokens, as well as about 2600 ETHs.
According to a company submission by Medium, the findings are hacking another project named CypheriumChain, marking a group of 17,000 ETH pirates.
According to Taylor, the hackers collected money from multiple sources in a single billfold before transferring a larger account. During the broadcast, it was found that there were 48440 ETHs worth about $ 30 million in the wallet.
On the other hand, because 7 percent of the total supply of TAY tokens is stolen, the company is preparing to distribute a new token to repay the user.
Taylor was reported to think of hiring a company to investigate the matter as soon as possible. “We will soon have an action plan for what will happen to both the company’s operations and the token,” said co-founder Fabio Seixas.