Boltz Founding Team Exits, Anonymous Bitcoin Team Takes Over Suspended Swap Service

TechFlow reports, August 13, according to The Defiant, Boltz announced that its original founders have all exited, and an anonymous team of "senior Bitcoin veterans" will take over the suspended Bitcoin Swap service. The new team will provide funding and engineering support to fix vulnerabilities and push for the service to resume as soon as possible.

Boltz stated that the platform suspended services on August 3 due to AI-assisted attacks that have persisted for several months with increasing frequency and complexity. Although the attacks caused losses to the company, user funds were not affected as the platform adopts a non-custodial model. Currently, the Swap service remains unavailable, the API is still available for cooperative refunds, and unilateral refunds do not rely on Boltz infrastructure.