Safe cuts 14 team members months after Bybit’s $1.43b theft

Months after the Hack of Bybt did the alarm on the risks of guard, Safe dismissed 14 employees, citing coordination challenges.

Safe, a self-careful crypto infrastructure provider, dismissed 14 team members as part of a major restructuring, months after a flight of $ 1.43 billion in Crypto Exchange Go through Was retraced to a safe -compromised developer machine.

In A post X On Wednesday, the co-founder of Safe, Lukas Schor, said that the company “restricted the teams and separated with 14 teammates, people we respect deeply, who each contributed significantly to our trip.” Schor added that the decision was driven by increasing complexity within the company and an increase in the expectations of projects that rely on Safe.

“During the last year, complexity has increased. As the ecosystem has evolved and the opportunities have developed, we have set our efforts to explore new paths. But this growth came with increased coordination challenges, and over time, it has started to affect our ability to evolve at the rate we expect from ourselves. ”

Lukas Schor

Schor said that Safe took additional measures to support people who leave, listing prolonged garden leave, increased dismissal, improving terms of token acquisition and support for placement within the Ethereum ecosystem.

The company will now operate through three new teams: a income -focused product company, an innovation R&D laboratory and an ecosystem foundation, said Schor. Each “autonomy” and will be “more concentrated, more agile and better aligned with what the expectations of the ecosystem,” says the X post.

The reorganization comes less than two months after the flight of survey, which was linked to an attack on a safe developer environment. In A Mars article On X, SAFE revealed that the North Korean hacking group known as the Traderraitor compromised a safety developer laptop and used stolen AWS session to bypass multi-feature authentication.

The violation occurred in early February, when a Docker project – pretending to be an “equity investment simulator” – was downloaded from the SAFE developer Mac. The project has communicated with a suspicious area, leading to the installation of malware.