Official Statement: RiskOnBlast Rug Pull and ChangeNOW Step-by-Step Actions

ChangeNOW would like to use this opportunity to extend our deepest thanks to the amazing crypto community for alerting us to the recent event involving RiskOnBlast rug pull.

Thanks to the rapid community response, ChangeNOW was able to act swiftly and decisively, and our compliance team did everything necessary to ensure the matter was handled.

1. We investigated the incident right away;
2. We implemented necessary security measures (blacklisting, etc);
3. We communicated this transparently, and also alerted our partners.

Again, we thank the community for alerting us to the matter!

Please, reach out to us at [email protected] any time, so we can keep crypto space safe!

Here is some more information about security measures on ChangeNOW.

How to Stay Secure:

The crypto space can be dangerous, so ChangeNOW urges you to keep calm, stay safe and follow these simple steps to not fall victim to various dangerous activities. Check out our simple crypto security guide here:

1. Use a hardware wallet
2. Choose a strong password, don’t keep it in the cloud
3. Use 2FA
4. Check your crypto exchange carefully, check their reviews and history

ChangeNOW’s Dedication to Security

Security is paramount at ChangeNOW, and we take every precaution to ensure the safety of our users' funds and personal information. We employ industry-leading security measures:

1. AML mechanisms - read more about KYC/AML procedures;
2. Automated internal compliance checks;
3. Internal assessments to identify and address any potential vulnerabilities proactively;
4. As per our privacy policy: encryption practices, security tests;
5. Compliance with legal and regulatory requirements in the jurisdictions where we operate;
6. Dedicated compliance team ready to act

Recent Cases: How ChangeNOW Handled Difficult Cases and Helped Users

1. Sim Swap Hack
2. Algorand Community Hacks
3. Alameda Wallets

Conclusion

At ChangeNOW, our commitment to security and compliance is unwavering. We thank our clients and partners for their continued support and trust in ChangeNOW, and we will continue to work tirelessly to ensure the safety and integrity of our platform. If you have any questions or concerns regarding security or compliance, please don't hesitate to reach out to our compliance team for assistance.