Incident Overview
The pledge platform Freeway tweeted, “The price of its token FWT fluctuated violently on July 13 and is currently under investigation. Freeway’s blockchain bridging service provider Coffe was attacked, and a large number of FWT tokens were bridged from Coffe. The Freeway platform was not compromised in any way, nor was Supercharger. However, Freeway has temporarily disabled FWT withdrawals, deposits, and purchases on the platform,” crypto influencer FatManTerra claimed on Twitter. Projects are running a "Ponzi scheme" because large withdrawals are "delayed" even before they stop. He refers to stopping withdrawals as income of more than $100 million. FatManTerra states that the project has removed its team biographies. In an October 22 Twitter post, FatManTerra said Freeway's chief executive had made false statements about his background, which were removed from the site after FatManTerra confronted him.
Sources & References
This record presents information attributed to the linked sources. Incident dates describe the original event, not a new report. Reported loss figures reflect the source record and are not current market valuations.