ChainCatcher news, OpenTensor Foundation issued a statement on X that the OTF team is working to ensure the safety of TAO funds at risk before restoring the normal operation of the Bittensor chain. At the same time, anyone who claims to be able to recover users' TAO funds at risk, except the OTF team, should be considered a liar.

Please be clear: the official will never ask users for mnemonics or seed phrases, nor will it ask users for any private information. There is no so-called DAO, airdrop, voting, etc. plan unless users see official accounts publish such information.

The Foundation encourages users to report such activities in various community channels so that others can understand and be wary of these scams.