Trezor Crypto Wallet’s SatoshiLabs Withdraws Support For Hacker’s Congress Paralelni Polis


SatoshiLabs Announces it Withdraws Support for Hacker’s Congress Paralelni Polis

In a blog post uploaded by SatoshiLabs on September 18, the company explains that they will be withdrawing from the Hacker’s Congress Paralelni Polis (HCPP18) due to different private conflicts.

In the blog post, the company explains that Paralelni Polis was one of the world’s first Bitcoin café. The place was a natural meeting point for Bitcoin and cryptocurrency supporters, developers and crypto enthusiasts.

SatoshiLabs explains that it was always a ‘special place’ for the firm and that it was built on the principles of freedom and responsibility. Indeed, it was possible to have any kind of conversation without any fear of repercussion.

SatoshiLabs has always been supporting the concept around Paralelni Polis, supporting different initiatives and related projects, including the Hackers’ Congress Paralelni Polis.

However, during the last years, SatoshiLabs says that they witnessed an increasing incidents and conflicts. For example, the founding member of Paralelni Polis was using the place to exert power and influence. This is why Paralelni Polis started to empty out.

About it SatoshiLabs wrote:

“While the conflict was private in nature, we cannot stand idle, as it was the previously mentioned founding member of Paralelni Polis who exacerbated the incident. Moreover, we find it very troubling and disappointing how the Board, instead of facing the issue head-on, decided to sweep it under the rug.”

SatoshiLabs informs that conflicts happened several times and that the community has implored the Board to solve these issues. The founding member is a member of the Board that exerts its power, manipulation and influence.

Because of this situation, the company decided to withdraw support as the main sponsor of HCPP18 and Paralelni Polis.

SatoshiLabs would no longer be sponsoring meetings and events at Paralelni Polis unless the situation is rectified.

SatoshiLabs is one of the most important companies in Czech Republic related to blockchain technology and cryptocurrencies. The firm has created the famous hardware wallet Trezor and has been participating in many different events in Europe and the country.

Get Daily Headlines

Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

What to Know More?

Join Our Telegram Group to Receive Live Updates on The Latest Blockchain & Crypto News From Your Favorite Projects

Join Our Telegram

Stay Up to Date!

Join us on Twitter to Get The Latest Trading Signals, Blockchain News, and Daily Communication with Crypto Users!

Join Our Twitter

Add comment

E-mail is already registered on the site. Please use the Login form or enter another.

You entered an incorrect username or password

Sorry, you must be logged in to post a comment.
Bitcoin Exchange Guide