Communication

NEW
Aug 3, 2020 - 23:15h
Good evening. After the developments and analysis made in the last few hours, we bring you updates in three key areas:

App reopening

As you know, we’ve been working on preparing the app for its relaunch since last Saturday. The developments are done, but we haven’t been able to conduct tests in the production environment due to a delay in a process that’s key to guarantee a successful upload. We’ll start testing tomorrow morning, which will probably lead us to reopening the app first thing on Wednesday. If the tests are successful, we could move it forward to tomorrow evening, but I cannot guarantee that. What we will do tomorrow, anyhow, is send you a customized email with information about each Founder / user’s positions.

In the current testing stage, it is possible you might receive some notifications related to incoming transactions as we start getting services back to normal.

Loss impact per client

The amount of taken cryptocurrencies in the attack has been of around €1,183M. Allthrough the weekend, we’ve rebuilt the internal accounting of the database, and we’ve audited the illegal transactions that affected our Kraken accounts. With both systems balanced, we can conclude that beyond the fact that the total harm done to the account’s funds amounts to 26.79%, the specific impact on BTC represents 47.35%, and the impact on ETH, 11.04%, with the other cryptocurrencies not havingbeen affected. These percentages will be applied in the App’s reopening.

Refund of stolen amounts

Two of our main courses of action during this crisis are trying to recover the stolen cryptocurrencies and the search for funding for all the stolen amounts. Even though we’re confident about our capability to get funding, we still aren’t in a position to offer it. In this context, two days ago we offered you the possibility of giving you 2GT to compensate the stolen funds. This decision wasn’t accepted by the people who, just like us, believe in the 2GT, due to its potential harming effect in the ICO we’ve planned for the end of the year, and neither by those who don’t see its value.For this reason, we’ve decided to introduce a different offer, it being that each Founder / user affected can choose among the following three options:

• Receiving the taken amount of funds in 2GT tokens, at the issuance price of €0.05.
• Receiving the taken amount of funds in company shares, in the same conditions in which the funding is discussed with investors.
• Waiting until the recovery of all stolen funds or until obtaining the funds needed to refund the full position.

For that, in a few days, each Founder or user concerned will receive an email in which they’ll have to choose one of these three options, with the third option acting as the default choice should we not receive a reply.

We are truly thankful for your patience and we expect to give specific replies to the questions posed to be able to make effective this proposal we’re presenting.

We keep advancing towards the total normalization of the situation.

Best regards,

Ramón
Ago 3, 2020 - 17:00h
2gether - Información sobre el hackeo

Aug 2, 2020 - 20:00h
Dear Founders,

As you know, since last Friday July 31, we’ve been managing an extremely difficult situation which has brought us all a lot of uncertainty, caused by the hacking of a substantial part of all the cryptocurrencies available in the 2gether user accounts.

From the moment we became aware of the attack, we’ve been fighting nonstop on different fronts. First, we worked on stopping the hit, limiting the theft to ~€1.183M (which amounted to 26.79% of the positions in the user accounts in Kraken) and preserving the integrity of the euro accounts, the BTC & ETH wallets, and the 2GT accounts. In the two days following the attack, we’ve been working on finding the funds needed to cover all positions. More specifically, and until a few minutes ago, we’ve been working with an investment group with which we sadly haven’t been able to reach an agreement.

As this was going on, we’ve been trying to share with you the most recent updates with total transparency, but still avoiding giving you fake expectations, as we didn’t have enough funds to cover said positions.

At this point, we want to offer you the solution that offers the best guarantees for your funds: we want to compensate the amount of stolen cryptocurrency (26.79% of your position before the attack) with a volume in 2GT equivalent to the issuance price of 5 cents. On top of that, we commit to keep looking, at top capacity and as soon as possible, for additional funds to make up for every single one of your cryptocurrencies. That way you’ll be able to get back the totality of your positions, and the equivalent value in 2GT tokens at issuance price.

We can assure you, with a great deal of chagrin, that if we could face this theft with our own funds, we would. In fact, we’ve been working nonstop for the last 48 hours to achieve it. It hasn’t been possible and we don’t want to delay a reply any longer.

2gether keeps being a great project that some soulless individuals have tried to thwart, but we’re confident that with your understanding and your help, we’ll move on.

Since last Friday, and while we were looking for a solution for your funds, the technical team has been working on re-establishing the app’s service with all the guarantees that there are no weaknesses, so that you can access your funds and operate freely. It’s not an easy job and, on top of that, we’re working with an external team of experts. The app will be back up as soon as possible and with all the security measures available.

In the next few days we’ll organize an AMA (Ask Me Anything) session to clarify all your questions. We hope you can see these hard times and adverse events compensated soon, whether you decide to give us the vote of confidence we’re asking you for or not.

Salvador Casquero (Chairman), Ramón Ferraz (CEO) y Luis Estrada (Director)
Aug 2, 2020 - 07:15h
Good morning.
After repelling the attack on Friday and quantifying the size of the problem yesterday (29% of the crypto accounts), today our priority is to give you a solution and reestablish the App. Sorry if at any moment we are more into solving the problem than communicating.
Aug 1, 2020 - 23:30h
Tomorrow we will continue adding more precision, but the stolen amounts as a % of the total crypto in the accounts is 29%. Remember that the wallets, euro accounts and 2GT accounts are unaffected.
Aug 1, 2020 - 20:00h
New update:
We are gathering all the information to file the report with the local authorities.
Aug 1, 2020 - 16:00h
New update:
The substracted crypto, according to our preliminary analysis, amounts to ~€1.3M.
The debit and credit cards have not been compromised, both 2gether´s and the ones used to deposit euros. 2GT tokens have not been compromised too.
Aug 1, 2020 - 13:00h
We continue working:
• Wallets are safe.
• Euro accounts are safe.
• The hack affects the crypto investment accounts.

Additionally, user passwords have been compromised. Even though they are encrypted, we recommend you change them if you are using the same ones on other platforms.
Aug 1, 2020 - 11:04h
We regret to inform that 2gether crypto accounts were hacked yesterday at 18:00. We are working to ensure that our servers are no longer compromised, to be able to reestablish the service. We will keep you informed.

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