The Thesis team cited a bug, but is not disclosing details until all funds have been safely withdrawn from this iteration of tBTC.
He credited a member of the Thesis team for finding the flaw, and Summa’s James Prestwich for verifying it.
Thesis has taken down the tBTC dapp to make the smart contract less accessible.
It delineates four things Thesis can do with its key to the smart contract.
The Thesis team has not confirmed that it will deploy a whole new smart contract.

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