Allora has frozen the stolen ALLO tokens and is currently returning the full amount to Binance.
The Allora network and ALLO token contract are secure; ALLO held outside of Binance is unaffected. Some ALLO held on Binance was stolen during the Binance hack. The Allora team has implemented the emergency protection mechanism built into the ALLO token contract, preventing attackers from transferring, selling, or using the stolen ALLO. The stolen ALLO was not sold or transferred out of the attacker's wallet. The Allora network is returning all stolen ALLO to Binance; the total supply of ALLO remains unchanged.