** UPDATE 31 august 2016 ***
After Ethereum foundation “Drama Show” of betrayal and denial.
Yes, law enforcement is involved, thats how bad and serious the situation is.
We’re waiting to get clearance from law enforcement before releasing the WhiteHat ETC now that the withdrawal contract is ready.
— Poloniex Exchange (@Poloniex) August 31, 2016
See Ethereum & Slock.it former Developer just posted concerning ETC funds retrieved by WhiteHat
— Lefteris Karapetsas (@LefterisJP) August 31, 2016
(Source: Reddit /r/Ethereum )
And if you can see below in the comments section the Ethereum foundation developers denying any association with the white hat group (article was posted august 12)
Yes the same @AVSA (Alex Van de Sande) that publicly tweeted he is actively helping WHG.
Yep, Fabian has no clue.
And Last but not least the founder of Ethereum himself Mr Vitalik Buterin (@VitalikButerin)
So yes after an attempt of stealing funds and funds getting frozen on exchanges and authorities involved its become a rather liable situation for Ethereum foundation and a good lesson for the cryptocurrency industry in a whole.
We must learn from these mistakes as an infant but fast moving industry.
Want more step by step details about the White Hat Group? see below here
Detailed article explaining the “White Hat Group” Affiliation with Ethereum Foundation developers below
If Ethereum Developers want to post/publish a statement reply or article, we are happy to oblige.
CoinTimes.tech publishes this article due to the fact Ethereum foundation and Slock.it have NOT posted a public statement accordingly about this serious matter.
Original Article from August 12 2016
The Ethereum Foundation aka Robin Hood Team has been silent on giving any statement of the 7million ETC ($10million)
Threats of lawsuits from DAO investors were sent to the Ethereum foundation developers.
Without giving any statement the Ethereum foundation sent 1.200.000 & 3.000.000 $ETC to Poloniex and Kraken exchange.
Thanks to the integrity of Poloniex and Kraken for freezing these stolen funds from the DAO crowdfund.
7 hours After the fact that the coins sent to exchanges were frozen only THEN did the Ethereum foundation come out with a public statement:
Reply from the community below
Your thoughts? Tweet us @CoinTimes_Tech
More evidence on Robin Hood Team ? Read previous article here
We contacted Ethereum Foundation for comment but received no reply when this article was written.