PANews reported on June 3 that edgeX officially released a report on the abnormal price fluctuation of the EDGE token on June 2. The report stated that the price of EDGE plummeted from $1.12 to approximately $0.32 within about one hour. This was caused by a flash crash triggered by concentrated selling from multiple addresses during a period of low liquidity, coupled with a run on highly leveraged long positions and linkage with the centralized exchange (CEX). The team's address remained unchanged during the incident. edgeX stated that it will strengthen market making and liquidity management, and has set up a 200,000 USDC on-chain bounty to track down the addresses associated with the attack. Furthermore, for users who incurred actual losses due to forced liquidation or stop-loss triggers on edgeX Perp V1/V2 within a specified time window, the platform will provide compensation based on the actual loss amount, with a maximum of 100,000 USDC per person. 50% will be distributed in USDC within 7 days after review, and the remaining 50% will be distributed in EDGE according to 7-day TWAP in the first week of April 2027.