Svmuu reports that Transit Finance has announced a recent security incident, caused by a historical vulnerability in an old smart contract deployed on TRON in its early days, which was deprecated in 2022. This vulnerability was exploited, affecting a small number of users. The team stated that upon discovering the issue, they promptly conducted an emergency investigation, isolation, and remediation. Further audits and rectifications were carried out on May 12. The currently used contract versions remain unaffected, having operated securely for over four years under continuous security audits and monitoring. Transit Finance stated that affected users will receive full compensation. Specific plans will be announced through official channels. The team also reminds users to be wary of fake official messages and never disclose private keys or mnemonic phrases.