TrueBit's TRU token has plummeted nearly 100% in value, now trading at $0.000002448, according to CoinGecko data. This dramatic decline follows reports of a suspected security incident on January 8, which may have resulted in the loss of 8,535 ETH, valued at approximately $26.4 million. The blockchain computational scaling protocol TrueBit is reportedly investigating the situation, as on-chain data suggests a potential attack. The incident has raised concerns within the crypto community, highlighting vulnerabilities in blockchain security protocols.