An anonymous trader claims to have lost over one million dollars due to the 0L Network team's unapproved hard fork LIBRA
2024-05-08 23:49:49
On May 8th, anonymous trader NN said that due to the hard fork of 0L Network (LIBRA) team without community approval, more than 1 million dollars of cryptocurrency was lost. NN said that the team behind 0L Network forked to fix a vulnerability that lasted more than two years and was not considered malicious, resulting in a 4% reduction in the total supply of LIBRA and the destruction of tokens purchased by Innocent Wallet nearly two years ago.
The anonymous trader said he bought 147 million LIBRA tokens back in February 2023, worth about $1.47 million at the time of purchase, after which he joined the agreement to assist with marketing efforts.