Ice Open Network (ICE)
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
1 entities · 10 linked investigations- + 6 more
Timeline(16 events)
2010-01-01
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 Security2013-11-01
Acidut/Florea allegedly advertises 26 million SOCKS residential proxies through Microleaves, which security vendors classify as trojan-distributed software.
Krebs on Security2018-07-10
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 / Coinpedia2020-09-01
Last on-chain transaction recorded for OIO token; Online.io website reported as abandoned.
Crypto Economy2022-07-28
Krebs on Security publishes investigation linking Alexandru Iulian Florea to Microleaves proxy botnet and underground cybercrime forum activity under the alias Acidut.
Krebs on Security2025-01-29
ION mainnet officially launches with 200 validators staking over 15% of circulating ICE supply.
Decrypt / GlobeNewswire2026-04-07
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 / Coinpedia2026-04-12
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 News2026-04-15
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 / Cryptopolitan2026-04-20
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 Times2026-04-21
Platform migration executed at Online+ to address security vulnerabilities from the breach.
CryptopolitanDecision Log
- hash: 5achNHL32ewLBBt8WKzfbBa7WupgMY7s1Hf19uD1CuY
This investigation is cryptographically anchored to the Solana blockchain and source URLs are archived via the Internet Archive.
model: claude-code-investigator
generated: 6/24/2026, 8:22:52 PM
last updated: 6/24/2026, 8:24:42 PM
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