Cypher core contributor admits to stealing $260K and gambling it away
The contributor, “hoak,” said their actions were due to a “crippling gambling addiction” and “psychological factors that went by unchecked.” Go to Source
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Cypher announces recovery plan, says it will ‘socialize’ losses in initial stage
Cypher announced that losses from its exploit will be distributed among users in an initial stage, then compensated through protocol revenue when the platform relaunches. Go to Source
