Truebit Protocol's TRU drops 99.9% after 8,535 ETH drain worth $26.44M

On January 8, 2026, on-chain activity showed an anonymous wallet (0x6C8EC8f1) receive about 8,535 ETH, and Truebit Protocol's TRU plunged amid an alleged exploit worth roughly $26.44 million. According to Cyvers, real-time monitoring flagged the transfer as anomalous, with around half of the funds routed via Tornado Cash. Truebit said it is working with law enforcement, and TRU was near $0.072 at publication.