Boltz Founders Step Down as New Team Takes Over Following Service Suspension

Original founders exit Boltz amid sustained AI-assisted attacks; new team assumes control to restore non-custodial Bitcoin cross-chain bridge operations.

Woofun AI reports that Boltz, a non-custodial Bitcoin cross-chain bridge, has transferred operational control to a new group of industry professionals. The original founders, Kilian, Michael, and Karl, have stepped down immediately and will hold no official positions. The previous five-member team cited an inability to withstand the current volume of automated, AI-assisted infrastructure scans and attacks. The incoming team has committed financial and technical resources to patch vulnerabilities and restore exchange services. Boltz maintains that user funds remain secure due to its non-custodial architecture, with any potential losses absorbed by the team. Exchange services remain closed until further notice, though the API remains available for coordinated refunds.