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What type of legal actions will the TAO Foundation take by December 31?
2
Resolution / Starting Odds
Criminal charges • 33%
Civil lawsuit • 33%
No legal action • 34%
Official statements from the TAO Foundation or court filings
Story
Bittensor Blockchain Halted After Security Breach Drains $8 Million in $TAO Tokens
Jul 3, 2024, 03:51 AM
The Bittensor blockchain has been temporarily halted following a reported security attack on multiple user wallets. The TAO Foundation is investigating the attacks, which have affected several Bittensor wallets and $TAO validators. On-chain transactions have been stopped until more information about the breach is obtained. At least one wallet has been drained of $8 million worth of TAO tokens. The community administrator of the Tao Community Discord confirmed the halt and ongoing investigation. ZachXBT reported the network halt.
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