# Harmony Faces 4 Billion ONE Allegations: Team Moves to Freeze Funds > While it is alleged that approximately 4 billion ONE were unauthorizedly minted on the Harmony network, the team is working with exchanges to freeze funds, prepare a security patch, and… **While it is alleged that approximately 4 billion ONE were unauthorizedly minted on the Harmony network, the team is working with exchanges to freeze funds, prepare a security patch, and evaluate rollback options.** Following suspicious activity, Harmony announced that it is working with its team and relevant exchanges to halt and freeze funds. The protocol reported that it is preparing a **security patch** for the network and is evaluating **rollback options**, which involve reverting records to a previous state. The company stated it will provide updates as new information becomes available. On-chain analyst Juiceberg claimed that approximately **4 billion ONE** were minted via empty blocks that did not contain transactions. It was noted that this amount corresponds to roughly **26%** of the total token supply, while approximately **2.8 billion ONE** were reportedly transferred to exchanges in a short period. Following the emergence of these allegations, the **price of ONE dropped sharply**. Harmony has not yet confirmed the amount in question or the **root cause** of the incident. ### 4 Billion ONE Allegations on the Harmony Network At the center of the allegation is the unauthorized creation of new ONE tokens on the network. According to Juiceberg’s post, the amount of tokens directed to exchanges constitutes one of the most striking on-chain elements of the incident. However, current data does not definitively explain how the tokens were minted or the fate of the assets transferred to exchanges. Harmony’s efforts to freeze funds, prepare a patch, and its evaluation of the **rollback option** are ongoing. The network previously faced a roughly **$100 million** exploit via the Horizon Bridge in 2022. New technical details and the confirmed amount regarding the current incident are expected to be shared.