Boltz founders step down as unnamed Bitcoin group moves to take over suspended swap service
Boltz founders exit as veteran Bitcoiners take over suspended swap service Boltz said all original founders stepped down effective immediately and an unnamed group of “veteran Bitcoiners” will take over the suspended Bitcoin swap service, providing capital and engineering resources while vulnerabilities are fixed. Swaps remain offline after Aug. 3 attacks that Boltz said grew in frequency and sophistication and caused losses, though it added user funds were never at risk because the service is non-custodial.