IOTA Network still turned off - Plan to reverse transaction to recover stolen funds due to wallet exploit.

The protocol was not breach. Rather, they decided to turn off the network because there was a bug in a wallet.They turned off the networkbecause of wallet bugfor law inforcement to investigateso they can reverse the transactionsWow.Also this:we are very much aware of the sentiment of the community. But with the safety of the users’ funds being the highest priority in a Major Incident like this, we stand by our decision to make use of the coordinator's security features and halt all value transfers during the ongoing investigation, in order to protect the users. This not only stops the perpetrator from exploiting more captured seeds but ensures the time needed to fully understand the intrinsics of the attack and enact a mitigation strategy.

Submitted February 15, 2020 at 10:52PM