**News Flash: Major Breakthrough in Holograph Hack Investigation**
Several arrests have been made in connection with the June 13 Holograph hack, marking a significant breakthrough. The investigation, led by Franceâs Office for the Prevention of Cybercrime (OFAC) and supported by multiple international agencies, culminated in arrests in Italy. Authorities have seized substantial assets and electronics, and the suspects are expected to be extradited to France soon.
The hack involved exploiting Holographâs protocol to mint 1 billion HLG tokens, causing a dramatic 80% drop in token value. Despite the breach, Holograph has bolstered its security measures and remains committed to its tokenization platform.
Stay tuned for more updates as the investigation unfolds.