Flow scraps rollback plan after $3.9M hack, opts for isolated recovery

The Flow (FLOW) Foundation, which recently suffered a $3.9 million hack, has withdrawn its plan to roll back the chain. In an announcement on X, the foundation said it will instead pursue an isolated recovery plan developed in consultation with bridge, exchange, and infrastructure partners. Under the new plan, there will be no network rollback or transaction reprocessing, and over 99.9% of all accounts are expected to operate normally once the network restarts. Accounts that received tokens generated by the hack will be temporarily restricted. The foundation explained that the recovery will proceed in stages, with the fraudulent tokens being transparently burned on-chain following verification by a forensics agency. Bridges and exchanges will resume operations after confirming stability. The foundation's initial announcement of a network rollback had drawn criticism from some in the community, who described it as a unilateral decision made without prior communication.