Security· ★★★★· bearish·

NatInfoSec Investigation Accuses Adam Back and Blockstream of Multi-Billion-Dollar Scheme

  • —NatInfoSec: BMN promised up to 20% annual yield, but 15 EH/s fell short of the 35–45 EH/s needed
  • —Report ties Adam Back, Samson Mow and Chris Cook to the mining business and STOKR
  • —BSTR listing plan collapsed on Aug 20 after Cantor Equity Partners I scrapped the deal
  • —Sept 6 Liquid Network hack drained ~4,000 BTC, with $320M in assets frozen
Why it matters: If the allegations against Blockstream and Adam Back hold up, they could dent trust in Bitcoin infrastructure and mining investment products.
Source: BitcoinBázis