[TAC Responds to Price Plunge, States No Attack or Internal Sell-Off] TAC issued a statement clarifying that the protocol was not attacked, and neither the team nor early investors participated in sell-offs, as the related tokens are locked and subject to vesting periods. An internal review by TAC found no evidence of token over-issuance or malicious activity. The current downturn was triggered by large perpetual contract sell orders, which caused cascading liquidations in the perpetual contract market and transmitted selling pressure to the spot market. The TAC team is formulating measures to strengthen market structure and improve liquidity, with plans to be announced later this month. TAC Protocol (TAC) experienced an extreme market event early yesterday, plunging 90% within 15 minutes.