Fogo has suspended its mainnet operations to prevent the further transfer of stolen funds.

SVM Layer 1 blockchain network Fogo announced it has taken preventive measures to temporarily suspend its mainnet after detecting unauthorized activity, aimed at halting further transfers of affected assets. During the suspension, Fogo will upgrade its network and restrict addresses linked to the incident. The team stated it will release subsequent updates once more information is confirmed, and reminded users to obtain relevant details exclusively through Fogo’s official channels. To date, the cause of the incident, the scale of affected assets, and the timeline for mainnet recovery remain unannounced. Earlier reports noted that the Fogo Foundation was recently hacked by unknown attackers, resulting in approximately 400 million FOGO tokens being transferred to attacker addresses. The foundation said it immediately notified relevant trading platforms and is actively coordinating with law enforcement agencies and forensics experts.