Data from PeckShield, a blockchain security platform, reveals that over $86.6 million in digital assets were transferred to suspicious addresses from the HECO Chain bridge. This suggests that the bridge has been compromised and an ongoing exploit is taking place. In response, Justin Sun, the founder of Tron, announced that HTX will fully compensate users for any losses incurred in the hack. As a result, deposits and withdrawals have been temporarily suspended while the incident is being investigated. Once the investigation is completed, services will resume. PeckShield initially alerted to a transaction where 10,145 Ether (ETH), worth approximately $19 million, was transferred from the bridge. Subsequent transactions involved the transfer of other digital assets such as USD Coin (USDC), Chainlink (LINK), and Shiba INU (SHIB) to different addresses. HECO Chain (HECO) was launched in December 2020 to provide a cross-chain experience with lower gas fees. It was a merger between Tron and BitTorrent’s bridge ecosystem. This incident marks the second exploit related to Sun, with the first occurring in November 2022 when Poloniex, an exchange acquired by Sun in 2018, suffered a $100 million exploit. Security analysts suspect that the incident may have been a result of compromised private keys.