A hacker managed to compromise Enigma project before its ICO netting over 1,500 Ether (over $500,000) from the community.
On August 24th, Guy Zyskind, co-founder and CEO of Enigma, makes an announcement to address growing concerns over the hack that resulted in investors being scammed.
Firstly, the man highlights Enigma's gratitude for the support from the community. However, as Zyskind notes, "there’s nothing worse than having people who join our ranks ... fall victim to a malicious act".
So we are taking responsibility. ... We will restore funds to everyone that lost money in this recent scam attempt after our token sale concludes. We’ve already been in direct contact with some of the affected parties.
Co-founder and CEO of Enigma
Thus, Enigma's CEO encourages everyone who lost funds to reach out to the company with information about themselves and their transactions.
As far as Enigma's future plans are concerned, Guy Zyskind mentions that the team is to live-stream their token sale on September 11th in order to remove any doubt about information shared during the token sale.
The present day
Now, on October 24, the project finally reports that the victim recompensation and sale refunding is complete.
As reported, Enigma is continuing to work with those victims who have not yet provided wallet ownership confirmation. The company has already reached out to all those who have submitted a report, and the final deadline for wallet confirmations is the end of the week (October 27th).
In addition, all ETH/BTC refunds from overcontributions during the token sale have been distributed.
Conducting a safe and efficient token sale is often a difficult and complex process, and we know there were many elements of the ENG sale process that could have been improved. With the sale now finalized, we continue to reflect on the challenges of our token sale and look ahead to building our protocol, our product and our business successfully.
The Enigma Team
The team also stresses that Enigma is dedicated to transparency, honest communication, and execution, and it will continue to demonstrate this commitment and maintain the users trust.