Flow rollback plan draws backlash after $3.9M exploit

The Flow blockchain is under fire after proposing a rollback of around six hours of transactions following a $3.9 million exploit.

The Flow Foundation said the rollback would restore the network to a checkpoint before the attack occurred.

Onchain data shows the attacker had already bridged the stolen assets, escaping with the full $3.9 million.

The proposal sparked concern among ecosystem partners who said they received no prior communication.

deBridge co-founder Alex Smirnov said several partners were blindsided by the rollback decision.

The concern is not deBridge's balance sheet, but preventing cascading losses being pushed onto ecosystem partners, liquidity providers and users who had no involvement in the exploit.

Alex Smirnov said.

Smirnov said deBridge has no direct exposure due to its non-custodial, zero-TVL design.

He warned that a rollback could cause greater damage than the exploit itself by creating inconsistencies across integrated platforms.

Smirnov said deBridge urged Flow to form a coordinated war room with bridges, custodians, exchanges and security groups.