On December 20th, PANews reported that on-chain researcher Specter posted a message on the X platform from an address that lost 50 million USDT due to a phishing attack. The message stated that a criminal lawsuit has been formally filed, and with the assistance of law enforcement, cybersecurity agencies, and multiple blockchain protocols, substantial and actionable intelligence has been collected regarding the attacker's activities. The relevant wallet address is now under 24/7 monitoring. The attacker was reportedly required to return 98% of the stolen assets to a designated address within 48 hours. In return, $1 million would be reserved as a white-hat bounty for discovering and disclosing vulnerabilities; however, this offer is contingent on the attacker's full and timely cooperation. Once the funds are returned, the victim will consider the matter closed and will not take any further action.