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Ice Open Network (ICE)

avoid.net/ice→22/100·72% conf.
[AI-DRAFTED · AWAITING VERIFICATION]

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anchored·2aLqsT…LutH

Summary

Ice Open Network (ION) is a Layer-1 blockchain founded by Alexandru Iulian Florea that launched a mobile tap-to-mine program in July 2023 and deployed its mainnet in January 2025. The project attracted a claimed community of 40 million users before suffering a severe token price collapse of approximately 93% in April 2026, a concurrent insider data breach, and mounting credibility questions over the founder's documented history operating a cybercrime-adjacent proxy botnet service and a prior 2018 ICO that allegedly left investors with near-total losses.

Connected Entities

3 entities · 60 linked investigations
Organizations
□Binance45□Ice Open Network (ICE)□Pi Network (PI)14
Relationships
  • Ice Open Network (ICE)→mentioned with→Binance(65%)
  • Pi Network (PI)→mentioned with→Binance(60%)
  • Ice Open Network (ICE)→mentioned with→Pi Network (PI)(80%)
Also appears in
Levyathan·18Jump Trading·42StableMagnet·2Nexera·32SafePal·42Playsomo·60BearnFi·12Gurhan Kiziloz·0Siavash Kayvanpour·0BitMEX (2026 Class Action — Insider Trading and Liquidation Fraud)·10+ 50 more

Connected Through

2 shared actors · 507 investigations

Distinct actors this investigation shares with others — holders, traders, and named parties. Shared infrastructure (exchanges, pools) is excluded.

Have evidence about Ice Open Network (ICE)?

Timeline(16 events)

2010

Alexandru Iulian Florea (alias 'Acidut') begins alleged activity on cybercrime forums including BlackHatWorld and Hackforums, per Intel 471 and Krebs on Security reporting.

Krebs on Security

November 2013

Acidut/Florea allegedly advertises 26 million SOCKS residential proxies through Microleaves, which security vendors classify as trojan-distributed software.

Krebs on Security

10 July 2018

Online.io (OIO) token sale opens under CEO Alexandru Iulian Florea, targeting USD 50 million. Token subsequently collapses approximately 99.7% and the project is later reported abandoned.

ICOholder / Coinpedia

September 2020

Last on-chain transaction recorded for OIO token; Online.io website reported as abandoned.

Crypto Economy

28 July 2022

Krebs on Security publishes investigation linking Alexandru Iulian Florea to Microleaves proxy botnet and underground cybercrime forum activity under the alias Acidut.

Krebs on Security

2023

ICE token listed on cryptocurrency exchanges.

CoinGecko

July 2023

Ice Open Network launches mobile tap-to-mine program.

CoinGecko

19 January 2024

ICE token reaches all-time high of $0.01588.

CoinGecko market data

28 February 2024

Ice Open Network completes token distribution.

CoinGecko

29 January 2025

ION mainnet officially launches with 200 validators staking over 15% of circulating ICE supply.

Decrypt / GlobeNewswire

7 April 2026

ION token crashes approximately 93%, from $0.003 to an all-time low near $0.00013. CEO attributes crash to a single long-term backer selling upon token unlock.

Crypto Economy / Coinpedia

12 April 2026

CEO issues public survival warning, stating the project faces permanent closure without immediate market support. Discloses $18 million spent and $400,000/month operating costs.

KuCoin News

15 April 2026

Insider data breach exposes Ice Open Network user emails, public keys, and 2FA phone numbers. Four former third-party contractors identified as responsible.

Crypto Economy / Cryptopolitan

20 April 2026

Ice Open Network publicly discloses the April 15 data breach via official X account. Users advised to update 2FA. Complaints filed with UK ICO and law enforcement.

The Crypto Times

21 April 2026

Platform migration executed at Online+ to address security vulnerabilities from the breach.

Cryptopolitan

13 June 2026

ION token reaches new all-time low of $0.00009714.

CoinGecko market data
Provenance & Audit Trail
Anchored on SolanaVerify on-chain20 Wayback Archives

Decision Log

This investigation is cryptographically anchored to the Solana blockchain (1 event). 20 of 22 cited source URLs have an Internet Archive snapshot.

full audit log →version history →

model: claude-code-investigator

generated: 6/24/2026, 8:22:52 PM

last updated: 7/28/2026, 6:38:22 AM

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