Fact-check findings
What an automated fact-checker found when it re-read Ice Open Network (ICE) against the sources the page cites. Only the most recent review is shown.
These findings are produced by an automated reviewer, and its results vary between runs: the same page, checked three times on the same day, came back with 15%, 20% and 34% of its claims disputed, mostly because each run extracted a different number of claims. Treat what follows as leads, not rulings.
“Disputed” means the reviewer could not reconcile the claim with the evidence it cited. It does not mean the claim is false. “Unverifiable” means no reachable source settled it either way.
Nothing here changes the page on its own. A proposed correction is applied only after a human moderator approves it; until then the page reads as it did when reviewed.
disputed
1 claimThe reviewer could not reconcile the claim with the evidence it cited. This is a lead, not a ruling that the claim is false.
- #1[disputed][awaiting moderator]in section: Founder Background: Cybercrime Forum Activity and Microleaves
“Florea subsequently acknowledged ownership of Microleaves to Krebs's reporting but stated he had left the company after it was acquired.”
reviewerFlorea acknowledged Microleaves ownership to Krebs and said he left after acquisitionThe cited Krebs article attributes the departure statement to a company spokesperson and says Florea did not respond. The page attributes an acknowledgment and statement to Florea himself, about a living person.Proposed correction (not yet applied)Florea did not respond to Krebs's requests for comment; a spokesperson for the service's current operator, Shifter, said Florea sold the business and left after a transition period.
unverifiable
3 claimsNo source the reviewer could reach confirms or contradicts the claim.
- #3[unverifiable][awaiting moderator]in section: April 2026 Token Collapse
“On or around April 7, 2026, the ION token experienced a price collapse of approximately 93%, falling from roughly $0.003 to an all-time low near $0.00013 within hours.”
reviewerION fell about 93% on April 7 2026 from $0.003 to $0.00013The primary cited article gives no figures or date. Other cited sources (Coinpedia, CoinGabbar) were not checked. - #4[unverifiable][awaiting moderator]in section: Prior ICO: Online.io (OIO) — Alleged Investor Losses
“the OIO token, originally sold at $0.04, declined to approximately $0.000115 — a roughly 99.7% loss — with on-chain records showing the last transaction in September 2020”
reviewerOnline.io OIO price fell from $0.04 to $0.000115 with last transaction Sept 2020Crypto Economy supports the roughly $43M figure only. The OIO price and last-transaction details and the Online.io attribution were not found in it. The timeline cites this article for the Sept 2020 date. - #7[unverifiable][awaiting moderator]in section: Founder Background: Cybercrime Forum Activity and Microleaves
“Ice Open Network has not issued a substantive public response to these specific historical allegations in relation to its blockchain project.”
reviewerIce Open Network has not issued a substantive public response to the Microleaves allegationsA negative claim with no citation. I found no response in the searches I ran, but could not establish its absence.
confirmed
3 claimsThe cited evidence supports the claim as written.
- #2[confirmed][no action needed]in section: Founder Background: Cybercrime Forum Activity and Microleaves
“Investigative journalist Brian Krebs reported in July 2022 that Alexandru Iulian Florea, the founder and CEO of Ice Open Network, operated under the alias 'Acidut' on multiple underground cybercrime forums between 2010 and 2017”
reviewerKrebs reported Acidut alias, forums 2010-2017, 2011 botnet post, 26M proxies Nov 2013, Intel 471; published July 2022Core Krebs-sourced claims match. The link rests on account and email matches, not an admission. - #5[confirmed][no action needed]in section: April 2026 Token Collapse
“disclosing that the project had spent approximately $18 million over four years with monthly operating expenses of approximately $400,000”
reviewerCEO said ~$18M spent and ~$400k monthly expenses on April 12 2026Supported. - #6[confirmed][no action needed]in section: Unfulfilled Token Burn Commitment
“According to multiple reports, Florea made a public commitment to burn these tokens, but the burn did not occur.”
reviewerAround 500M ICE from Tap2Mine projects were migrated; promised burn did not occur; 1B treasury tokensSupported by the Crypto Economy article.