David Sønstebø, the Co-founder of IOTA, stated that he will personally repay the victims of the recent attack on the network and that the mainnet will be back up tomorrow, March 10.
Per the latest Tweets from IOTA Trinity wallet, David Sonstebo, founder at IOTA reimburses Trinity wallet hack victims from his
After the recent attack on IOTA’s Trinity Wallet, David Sonstebo says he will spend a significant portion of his crypto compensating the losses to the victims of the hack
After the project lost $400 million of its value, the decision to re-enable the network is designed to get the project back online.
This is not the first time something an issue like this has happened in IOTA where users have to migrate and reclaim their IOTA tokens.
The IOTA Foundation has paused the network amid an investigation into an attack that resulted in losses for users of the Trinity wallet software.
IOTA has already identified ten victims of the attack on its Trinity wallet while it continues to investigate the case
Sergey Invancheglo is about to sue David Sonstebo, claiming he is refusing to pay him 25 mln MIOTA and demands that Sonstebo resign
also the creator of nxt, which he also dumped in a similar way. More
https://old.reddit.com/user/DavidSonstebo defends himself by admiting he did it: “I haven’t sold a single iota in 2019.” and “I haven’t touched my iotas since 2018”
My first and last experience with IOTA was waiting almost 3-4 days for the tangle system to move my mIota back to the exchange. All the while going through stress since my wallet balance disappeared twice and the exchange wasn’t updating my balance until I had confirmations in place. Never touching this piece of shit coin again!