funds are safe​ funds are safe

Block producers reached consensus to uphold the intent of code.

Approximately 1.2M EOS and 462,000 USDT was stolen in a re-entry attack exploit on the flash loan smart contract that began on May 14 at 11:28 UTC.

The and smart contracts were open-source, MSIGed, and passed security audits, however the re-entry exploit was not identified. 

All of the funds are safe under control of eosio.prods and will be returned to depositors.

Daniel Keyes

Chief Operating Officer (COO)
Responsibilities include: product management, operations, community
Location: Toronto, Canada

Prior to founding the first EOS community in Toronto and co-founding EOS Nation, Daniel spent a decade in the financial technology industry working several diverse roles. His extensive experience in customer service, sales, sales coaching, agent training, digital marketing, digital process management (lean green belt), and product management (certified scrum master, certified product owner) eventually lead him to consulting for a blockchain dev shop.

Daniel earned a Bachelor of Journalism from Ryerson University in 2009 and worked as a chase producer intern at Global TV.

Daniel lives by the principles of Truth, Love, and Freedom.