this project is very close to being a scam tbh, would stay away
Forwarded from Titanium Announcement
Dear Titanium Community,
We would like to provide a brief update in order to address your concerns. Thank you for bringing them to us and also for your patience while we restructure internally. This process is nearly complete and none of Titanium’s products or services will be affected.
•Christopher Michael Snook is no longer employed at Titanium. Formerly, he held the office of Chief Technology Officer.
•Over the past month, Snook made poor decisions including, but not limited to, public slander of TBIS Inc., CEO, Michael Stollaire, and COO, Richard Silver. This behavior is unacceptable and not representative of Titanium. We have initiated legal proceedings to hold Christopher Snook accountable for his actions. Please know that we understand the confusion that has occurred as a result of Snook’s inexcusable behavior.
•Titanium has brought on an acting CTO whom we believe will add much value to our Company.
•As many have noticed, our website has not been updated with information regarding the BAR token theft, TBAR fork, and MVP announcements. We are currently updating our website and such discrepancies will no longer take place moving forward.
•Titanium’s development engineers are under investigation. We will provide more information when we are legally able to do so.
•TBAR is still on track to complete tomorrow, Cobinhood, Tidex, and FatBTC users will automatically be handled by those exchanges. We fully expect others to be finalized soon.
•CEO Michael Stollaire has been working with law enforcement officials and and is unable to speak publicly about the BAR token theft. His absence from our Telegram and Discord communities is not by choice.
•Titanium’s new security procedures, implemented immediately after BAR token theft, will be detailed soon.
NOTE: Michael Stollaire would like to relay that the purpose of this announcement is to inform the Titanium community immediately.
•We understand the necessity of addressing this information in more detail and will do so via official Titanium Medium Blog to be shared @TBISINC and across social media platforms.