VAIOT Ltd. Announcement

VAIOT_LTD
1 min readJan 31, 2022

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Dear $VAI Tokenholders,

Following the expansion of VAIOT’s services and solutions we’ve encountered a growing complexity in our ecosystem. This unfortunately exposed us to some technical vulnerabilities. Regretfully, we have found a malicious attack which has led to our Pre-staking V1 rewards pool, and both our ETH & BSC Liquidity Pools being compromised.

We have found the source of the issue and managed to block any further malicious activity. The effected services have been frozen for the duration of the investigation to protect investor funds.

VAIOT Ltd. will make sure that all of the rewards are replenished as soon as we are certain that everything is safe and secure. We have contacted criminal authorities and proper representation to ensure this situation is handled in compliance with the Malta Financial Services Authority regulations and laws.

Please refrain from entering or withdrawing from the pre-staking and liquidity pools until we notify you that the issues were resolved.

We want to thank the community for their understanding and trust. We will keep you updated on when we will replenish the rewards pools as the investigation progresses.

Sincerely,

Christoph Surgowt Pawel Andruszkiewicz

Chief Executive Officer Chief Operating Officer

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VAIOT_LTD

VAIOT offers LegalTech and DeLaw solutions to democratize legal services by leveraging AI and Blockchain. First VFAA-regulated digital asset issuer.