Secret Network, a privacy-focused blockchain, has seen a growing number of validators halt their services, after the head of an affiliated foundation took out more than $2 million in dividends and an upgrade led to technical problems. At least four major validators say they have halted services, including Smart Stake, Kingnodes, Azul Collection and Domerium Labs. Late last week, Guy Zyskind, Secret Network’s founder, who leads the development of the network’s core technology as the CEO of SCRT Labs, alleged on a project forum that the Secret Foundation’s founder, Tor Bair, made an undisclosed sale of foundation funds and directed some of the proceeds to himself as a kind of dividend payment. (Coindesk)
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Secret Blockchain Suffers Departures as Foundation Head's $2M-Plus Dividend Sparks Outcry
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