Privix 2.0 — Swap Finalization

Privix.io
Privix.io
Published in
3 min readSep 17, 2019

At the beginning, we would like to apologize for the situation which whole community had to experience.

To resume the situation, one of our developer was recently being attacked & the premine wallet was compromised, which resulted in a dump of thousands of coins on CryptoBridge.

It took only a few hours before the admins warned the whole community about the situation on all our social networks. We stipulated in a few messages not to buy any hacked coins and we were finding a solution.

To clear all rumors and FUD from past days

Regarding the rumours of scam and fud which same people contantly spread in discord and bitcointalk since day 1, Privix team did not scam any investor and in fact the team members lost a lot of their fund while their buy supports were taken out by the dumping from the hackers.

So, before shouting scam accusations we advise to do a proper research. We will not speak anymore to prove ourselves. Our investors are with us and we are working together on a solution for this situation.

The solution

Privix Team decided that the only solution was to proceed to a coin swap. The swap has been done manually and was a long & hard work for our 2 blockchain developers. Privix Team is sorry about the time needed for the full verification of every wallet swapped, but we are proud to say today that everyone has been swapped.

People which didn’t get any response according swap were blacklisted by our system which tracked any coins which came from premine hack. We understand that some people were not aware and were not following us on any social networks, but we can not take the responsibility for everyone. We have to protect our investors and we can’t let people own blacklisted coins which were bought for few dollars expecting to be sold for 100x.

We are sorry if any of you feel as a victim but there is nothing more we can do. Any swap request from now will be ignored

The future

In the next few days & weeks, Privix team efforts will be focused on expanding the exposure of Privix.io

While proceeding the swap, our developers have been working on some new features which will be released really soon.

Privix Core Image

Privix.Core (read description here: https://privix.io/#products) will the first Privix Product to be released.

Regarding bounty rewards that haven’t been sent, our bounty manager is going to gather the new address of every winner and send them their reward in the few next days.

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