IOTA Co-founder to Repay Hack Victims USD 2M as Network Prepares to Reopen
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.
IOTA reimburses Trinity Wallet hack victims: Founder
Per the latest Tweets from IOTA Trinity wallet, David Sonstebo, founder at IOTA reimburses Trinity wallet hack victims from his
IOTA (MIOTA) Founder to Compensate Hack Losses to Community From His Own Pocket
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
IOTA to re-enable network after 20 days blackout – CoinGeek
After the project lost $400 million of its value, the decision to re-enable the network is designed to get the project back online.
IOTA Network STILL down: more than two weeks
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.
IOTA Foundation pauses network, says between $300K and $1.2M worth of tokens stolen from users of Trinity wallet – The Block
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 Foundation Investigating 'Coordinated Attack' That Resulted in Stolen Funds
IOTA has already identified ten victims of the attack on its Trinity wallet while it continues to investigate the case
IOTA Co-Founder Demands 25 Mln MIOTA from David Sonstebo, Insisting He Resign
Sergey Invancheglo is about to sue David Sonstebo, claiming he is refusing to pay him 25 mln MIOTA and demands that Sonstebo resign
Iota's founder exit scams, sells all his iota to 'avoid conflict of interest'.
also the creator of nxt, which he also dumped in a similar way. More
IOTA Creator earned $5M in 2018
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”
IOTA user: it takes days to process transactions in IOTA
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!
