Flow.com (@flow_blockchain): Flow Foundation Statement on Exchange Coordination Following December 27th Exploit:

Flow Foundation Statement on Exchange Coordination Following December 27th Exploit: Since the December 27th exploit, the Flow Foundation and our forensic partners have worked around the clock with global exchanges to protect users and restore normal operations. Kraken, Coinbase, and Upbit have been exceptional partners, with Kraken already resuming regular services. We are concerned by one exchange's handling of this incident. Within hours of the exploit, a single account deposited 150M $FLOW, approximately 10% of total token supply, converted a substantial portion to BTC, and withdrew over $5M within the span of a few hours before the network was halted. This transaction pattern represents an AML/KYC failure that transferred financial risk to users who unknowingly purchased fraudulent tokens. Forensic analysts have identified significant trading irregularities inconsistent with normal market activity on this exchange's $FLOW markets both before and after the network halt. Our requests for clarification about these trading patterns through operational channels have gone unanswered. We urgently call for a meeting at the highest levels of decision-making to address these concerns and identify a path forward that protects users across all platforms. We believe this situation can be resolved constructively, but it requires transparent engagement. Flow Foundation is fully cooperating with law enforcement and ongoing investigations. We remain committed to protecting every user affected by this exploit, regardless of which platform they use.