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AI social trading platform ALPHIO said on X it is advising users to withdraw funds after raising concerns about the security situation surrounding crypto embedded wallet infrastructure provider Privy.
ALPHIO said there had recently been a security report related to Privy-linked wallets and urged users to review wallet balances and transaction histories and move any remaining assets to a separate wallet. The platform also stressed that users should double-check addresses and networks during withdrawals, avoid reusing private keys suspected of being exposed, and steer clear of phishing links and unnecessary transaction approvals.