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[River Responds to Price Volatility: Organized Manipulation, Pts Conversion Mechanism to Be Upgraded] River's official statement indicates that the recent sharp fluctuations in River Pts prices stem from organized market manipulation targeting the River ecosystem and the Pts conversion mechanism. Attackers established a large number of short positions and initiated concentrated Pts conversions, causing severe market disruption. To prevent systemic risks, the team has suspended Pts conversions and implemented market buybacks, after which the attackers quickly closed their positions and exited. Currently, the River team is upgrading the relevant mechanisms and plans to release data and hold an AMA to explain the subsequent response plan.