Order to freeze 27 Eos accounts is fake

June 25, 2018
Chris Wheal

Eos block producers, who this weekend received an emergency order to discontinue processing transactions for 27 accounts, have been alerted that the order was fake.

On 22 June, Eos producers received an EOS Core Arbitration Forum (ECAF) order to freeze the accounts, further adding that the “logic and reasoning” for the order would be posted at a later date.

ECAF order: Eos

This followed last week’s news that seven accounts had been frozen over alleged phishing scams and other cyber crime activity.

Fake order

Eos New York said in a statement on Steemit on Monday, however, that the latest ECAF order was a fake intended to heap further controversy on the EOSIO Network, which has been live for less than a month following a $4bn initial coin offering.

“To say that this entire ordeal has been controversial would be an understatement,” the statement said.

After receiving the latest order to ban accounts and move property, Eos block producers asked for further verification of the order as its author was unknown to them.

Controversy

“We later learned the statement was a fake, most likely doctored to incite further controversy,” the block producers said.

Indeed, the Eos project has not been without its share of controversy. Having raised $4bn in the world’s biggest initial coin offering, the EOSIO Network was a long time in the planning stage.

Having launched in mid June, the network was running for just two days before being hit by a bug that forced a five-hour outage.

Governance clarification

Following the fake ECAF order this weekend, the block producers added they could no longer execute with any confidence further statements “claiming to be an ECAF opinion”.

In the Steemit statement, the block producers said they would now have clarify the Eos network’s system of governance.

“While there is a spirit of governance that exists within the EOS community, the executional details of this system of governance are immature,” the statement said.

“This does not mean that this spirit should be abandoned but rather it means that we should focus our collective efforts on more clearly defining our system of governance and building the tools we require for it to function properly.”

Post written by Chris Wheal
Chris Wheal is editor of OpenLedger's news and features service. An award-wining business journalists himself, he runs a team of freelance journalists from across the UK and north America.

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