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Orbiter Finance, one of the most popular Layer 2 bridges, is experiencing some shady looking difficulties last few days. Many user reports of bridged funds not being received, their discord team account showing as deleted etc... Would be advised to not us

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by COINS NEWS 90 Views

Orbiter Finance, one of the most popular Layer 2 bridges, is experiencing some shady looking difficulties last few days. Many user reports of bridged funds not being received, their discord team account showing as deleted etc... Would be advised to not use it at this point.

So basically as I said many users have reported both on Twitter and Discord that the funds they tried to bridge through Orbiter Finance in last 2 days have not been received and haven't received much assists from Orbiter Finance which is almost unreachable at this point and shows up as deleted on their discord. Few screenshots of users complaining about it, but there are many, many more.

Users complaining example

Users complaining example 2

They did come out with statement on Twitter an hour ago to clarify some issues here: https://twitter.com/Orbiter_Finance/status/1709254171780935995

> Sorry for the trouble caused to you, Orbiter Finance team would like to explain two things: Orbiter bridge works very well and does not have any security issues. The transaction may fail due to network instability or the sender deleting the target network identification code when sending the TX. We will execute these failed transactions ASAP. Orbiter's Discord is safe, but Orbiter's Discord account is blocked by Discrd team for no reason. We have been trying to contact the Discord team to appeal. This is why Orbiter's account is displayed as a "deleted account" in our channel.

But still it would be advised to thread lightly and not use them at this point because some users still haven't really got personal assurances or got their funds yet, so it would be wise to revoke access to orbiter if you used it recently because they might be covering up some inside fuckups. Better to be safe than sorry until more information comes out.

submitted by /u/mbdtf95
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