Wu said that according to DEX Screener, the Yala stablecoin YU invested by Polychain has been decoupled since 5:14 UTC+8 today, and has fallen to a low of $0.2074, and has now rebounded to $0.923. In addition, there is only $1,450 of USDC liquidity in the YU/USDC LP in Uniswap on Ethereum. On-chain data shows that a suspicious address: 0x29…74F5 minted 10 million YU from the Null address from 4:10 to 4:13 UTC+8 today, and redeemed 5.213 million YU of them into 5.213 million USDC through Yala PSM; then the address bought ETH with 5.213 million USDC and distributed it to dozens of addresses at 10.1 ETH per address.