IOTA Foundation Suspends Network, Probes Fund Theft in Trinity Wallet – CoinDesk

IOTA Foundation Suspends Network, Probes Fund Theft in Trinity Wallet – CoinDesk

IOTA Foundation, the nonprofit behind the IOTA distributed network, recommended users close their Trinity wallets Thursday after multiple reports of fund theft. IOTA said it started receiving the reports Wednesday and decided to shut off the Coordinator node in the network for further investigation.