The Nillion team stepped in quickly after NIL tokens saw a sharp and unexpected price swing. The project confirmed that the sell-off was triggered by a market maker who unloaded a significant batch of tokens without authorization. The incident caused wide confusion across the community and within the team itself, as the sell orders hit the market without warning and with no communication from the party involved. Within hours, Nillion mobilized treasury funds and began buying back the affected NIL tokens. The team also worked with exchanges to freeze related accounts and started legal proceedings to hold the responsible party The post Nilli.