Polyhedra plans buybacks to address recent financial attacks, co-founder

Polyhedra Network co-founder Tiancheng Xie said the team will conduct further buybacks and is currently assessing the situation to address its previous financial attacks. Earlier, the firm released a preliminary report on the ZKJ token crash, attributing the drop to a coordinated liquidity attack on PancakeSwap and large-scale token sell-offs.

June 17, 2025