QUOTA : Emergency Announcement

Quota Network
2 min readJan 2, 2023

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Emergency Announcement

Quota Network Exploitation Incident

Dear Quota Network Community Members, the team has identified that on Jan 1st, Quota Network was attacked by unknown actors.

This message is to acknowledge the attack and that we are currently in the middle of investigating the exact details in cooperation with our partners from a third-party auditing team.

We will release an official statement regarding this issue as soon as we have a better understanding of the attack, through our official Medium and Twitter accounts within the next 24 hours.

Currently, the Quota team is working around the clock to recover funds and working towards a solution to make whole our token holders and community.

Although we believe that our community deserves a swift reply and explanation, we ask that you remain patient as we conclude our investigation into this attack.

A brief statement regarding the attack was issued on Twitter via @AnciliaInc, an associated security firm approximately 9 hours ago. We have reached out to them in addition to engaging our current auditors for a post-attack analysis and recovery plan.

https://twitter.com/AnciliaInc/status/1609348135033384961

Once again, we thank you for your understanding and ask for your patience as we aim to share accurate information to minimize confusion. Please be weary of possible disinformation and FUD in the coming weeks and rely on official announcements.

Lastly, we would like to ensure our community members that the Quota Network Team is present and remains dedicated to the project and community.

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