TechFlow reports, citing Twitter user @nn_blossoms, that the blockchain project 0L Network (formerly LIBRA) recently executed a forced hard fork without adequately informing the community, resulting in the burning of approximately 4% of the token supply. The incident has affected wallet assets of some token holders, with losses amounting to a seven-figure sum in U.S. dollars.
@nn_blossoms, who claims to be an early OTC buyer, stated he purchased a batch of 0L tokens for $1.47 million two years ago, only to now be effectively "kicked out" by the team. He criticized the project team for failing to provide sufficient disclosure or compensation plans prior to the fork, and for offering no appeal opportunities to impacted users, calling their actions highly irresponsible.
