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Verify a decision

Every moderation decision on AVOID.NET is anchored to the Solana blockchain. You don't have to trust us — you can verify cryptographically that we committed to a verdict at a specific moment and have not rewritten it.

How verification works

  1. We commit. When a moderator accepts/rejects a submission, we serialize the decision into deterministic UTF-8 bytes (payload_canonical_string), hash it with SHA-256, encode the digest as base58, and write it to Solana inside an SPL Memo v2 transaction.
  2. We store the bytes. The exact bytes we hashed are stored alongside the decision in our database. Anyone can read them and recompute the hash in any language.
  3. You compare three values. Database hash, your independently-recomputed hash, and the hash inside the on-chain memo. If all three match, the decision is authentic and timestamped.
The on-chain memo format is AVOID.NET|v1|h:<b58-sha256>|d:<id>|t:<iso>

Find a signature on any investigation page's decision log, or run python -m src.verify_decision --signature <sig> for a CLI check.

Decision
publish · Bilaxy
View on Solana ↗
Sequence
#1
Score
→
Cluster
mainnet-beta
Slot
423161224
Off-chain at
2026-05-30T13:00:10.250Z
Anchored at
—
Block time
—

Independent verification

1. Database (off-chain)
FJtHQAft6GjR7KeerFviCfUyWqd4fgvBidYeq4qvomqG
2. Recomputed (your browser)
computing…
3. On-chain (Solana memo)
fetching…
Canonical bytes hashed (10503 chars)
{"actor":"system:backfill","investigation_id":"68535c30-b217-4029-bd7d-b9e0726e9f12","kind":"publish","page_slug":"bilaxy","published_at":"2026-05-30T13:00:10.173Z","sequence_num":1,"snapshot":{"content_type":"investigation","entity_name":"Bilaxy","sections":[{"content":"","heading":"Background and Operations","severity":"medium","sources":[{"credibility":2,"name":"Bilaxy Review January 2026 – TradingFinder","type":"research","url":"https://tradingfinder.com/exchanges/bilaxy/"},{"credibility":2,"name":"Bilaxy Trading Volume, Rankings, Markets – BitDegree","type":"research","url":"https://www.bitdegree.org/top-crypto-exchanges/bilaxy"},{"credibility":2,"name":"Bilaxy Statistics: Markets, Trading Volume & Trust Score – CoinGecko","type":"other","url":"https://www.coingecko.com/en/exchanges/bilaxy"}]},{"content":"","heading":"August 2021 Hot Wallet Hack","severity":"critical","sources":[{"credibility":2,"name":"Bilaxy Exchange Suspends Website After ERC-20 Hot Wallet Hack – CoinTelegraph","type":"news_article","url":"https://cointelegraph.com/news/bilaxy-exchange-suspends-website-after-erc-20-hot-wallet-hack"},{"credibility":2,"name":"Hack Track: Analysis of the Bilaxy Hack – Merkle Science","type":"research","url":"https://www.merklescience.com/blog/hack-track-analysis-of-the-bilaxy-hack"},{"credibility":2,"name":"Bilaxy Exchange Security Breach – Distributed Networks Institute","type":"research","url":"https://dn.institute/research/cyberattacks/incidents/2021-08-28-bilaxy/"},{"credibility":2,"name":"Crypto Exchange Bilaxy Loses $21M in Hack – PYMNTS","type":"news_article","url":"https://www.pymnts.com/cryptocurrency/2021/crypto-exchange-bilaxy-loses-21m-in-hack/"},{"credibility":2,"name":"Crypto Exchange Bilaxy Hacked, Attacker Took Control of ERC20 Wallet – Finance Magnates","type":"news_article","url":"https://www.financemagnates.com/cryptocurrency/news/crypto-exchange-bilaxy-hacked-attacker-took-control-of-erc20-wallet/"}]},{"content":"","heading":"Fund Flows and Laundering Activity","severity":"critical","sources":[{"credibility":2,"name":"Hack Track: Analysis of the Bilaxy Hack – Merkle Science","type":"research","url":"https://www.merklescience.com/blog/hack-track-analysis-of-the-bilaxy-hack"},{"credibility":3,"name":"Bilaxy Crypto Exchange Went Offline After Cyber Attack – Latest Hacking News","type":"news_article","url":"https://latesthackingnews.com/amp/2021/09/01/bilaxy-crypto-exchange-went-offline-after-cyber-attack/"},{"credibility":2,"name":"Crypto Exchange Bilaxy Loses $21M in Hack – PYMNTS","type":"news_article","url":"https://www.pymnts.com/cryptocurrency/2021/crypto-exchange-bilaxy-loses-21m-in-hack/"}]},{"content":"","heading":"Exchange Response and Service Suspension","severity":"high","sources":[{"credibility":2,"name":"Bilaxy Exchange Suspends Website After ERC-20 Hot Wallet Hack – CoinTelegraph","type":"news_article","url":"https://cointelegraph.com/news/bilaxy-exchange-suspends-website-after-erc-20-hot-wallet-hack"},{"credibility":2,"name":"Bilaxy Exchange Security Breach – Distributed Networks Institute","type":"research","url":"https://dn.institute/research/cyberattacks/incidents/2021-08-28-bilaxy/"},{"credibility":2,"name":"Crypto Exchange Bilaxy Hacked, Attacker Took Control of ERC20 Wallet – Finance Magnates","type":"news_article","url":"https://www.financemagnates.com/cryptocurrency/news/crypto-exchange-bilaxy-hacked-attacker-took-control-of-erc20-wallet/"}]},{"content":"","heading":"Reimbursement Claims and User Complaints","severity":"high","sources":[{"credibility":2,"name":"Bilaxy Review 2026: Pros, Cons and Key Features – TradersUnion","type":"research","url":"https://tradersunion.com/brokers/crypto/view/bilaxy/"},{"credibility":3,"name":"Bilaxy Reviews – Trustpilot","type":"community_report","url":"https://www.trustpilot.com/review/bilaxy.com"},{"credibility":3,"name":"BilaxyEX: a SCAM – Forex Peace Army","type":"community_report","url":"https://www.forexpeacearmy.com/community/threads/bilaxyex-a-scam.72525/"},{"credibility":3,"name":"Bilaxy – Hack entry – UEEX Blog","type":"research","url":"https://blog.ueex.com/crypto-hacks/bilaxy/"}]},{"content":"","heading":"Current Operational Status and Risk Assessment","severity":"high","sources":[{"credibility":2,"name":"Bilaxy Statistics: Markets, Trading Volume & Trust Score – CoinGecko","type":"other","url":"https://www.coingecko.com/en/exchanges/bilaxy"},{"credibility":2,"name":"Bilaxy trade volume and market listings – CoinMarketCap","type":"other","url":"https://coinmarketcap.com/exchanges/bilaxy/"},{"credibility":2,"name":"Bilaxy Exchange Review – Withdrawal Speed, IEOs & Markets – BitReporter","type":"research","url":"https://www.bitreporter.com/exchanges/bilaxy/"}]}],"sources_used":[{"credibility":2,"name":"Bilaxy Exchange Suspends Website After ERC-20 Hot Wallet Hack – CoinTelegraph","type":"news_article","url":"https://cointelegraph.com/news/bilaxy-exchange-suspends-website-after-erc-20-hot-wallet-hack"},{"credibility":2,"name":"Hack Track: Analysis of the Bilaxy Hack – Merkle Science","type":"research","url":"https://www.merklescience.com/blog/hack-track-analysis-of-the-bilaxy-hack"},{"credibility":2,"name":"Bilaxy Exchange Security Breach – Distributed Networks Institute","type":"research","url":"https://dn.institute/research/cyberattacks/incidents/2021-08-28-bilaxy/"},{"credibility":2,"name":"Crypto Exchange Bilaxy Loses $21M in Hack – PYMNTS","type":"news_article","url":"https://www.pymnts.com/cryptocurrency/2021/crypto-exchange-bilaxy-loses-21m-in-hack/"},{"credibility":2,"name":"Crypto Exchange Bilaxy Hacked, Attacker Took Control of ERC20 Wallet – Finance Magnates","type":"news_article","url":"https://www.financemagnates.com/cryptocurrency/news/crypto-exchange-bilaxy-hacked-attacker-took-control-of-erc20-wallet/"},{"credibility":3,"name":"Bilaxy – Hack entry – UEEX Blog","type":"research","url":"https://blog.ueex.com/crypto-hacks/bilaxy/"},{"credibility":3,"name":"Bilaxy Crypto Exchange Went Offline After Cyber Attack – Latest Hacking News","type":"news_article","url":"https://latesthackingnews.com/amp/2021/09/01/bilaxy-crypto-exchange-went-offline-after-cyber-attack/"},{"credibility":2,"name":"Bilaxy Review 2026: Pros, Cons and Key Features – TradersUnion","type":"research","url":"https://tradersunion.com/brokers/crypto/view/bilaxy/"},{"credibility":3,"name":"Bilaxy Reviews – Trustpilot","type":"community_report","url":"https://www.trustpilot.com/review/bilaxy.com"},{"credibility":3,"name":"BilaxyEX: a SCAM – Forex Peace Army","type":"community_report","url":"https://www.forexpeacearmy.com/community/threads/bilaxyex-a-scam.72525/"},{"credibility":2,"name":"Bilaxy Statistics: Markets, Trading Volume & Trust Score – CoinGecko","type":"other","url":"https://www.coingecko.com/en/exchanges/bilaxy"},{"credibility":2,"name":"Bilaxy trade volume and market listings – CoinMarketCap","type":"other","url":"https://coinmarketcap.com/exchanges/bilaxy/"},{"credibility":2,"name":"Bilaxy Review January 2026 – TradingFinder","type":"research","url":"https://tradingfinder.com/exchanges/bilaxy/"},{"credibility":2,"name":"Bilaxy Exchange Review – BitReporter","type":"research","url":"https://www.bitreporter.com/exchanges/bilaxy/"}],"summary":"Bilaxy is a centralized cryptocurrency exchange founded in 2018 and registered in the Seychelles. On August 28, 2021, the exchange suffered a hot wallet compromise in which an attacker transferred approximately 295–297 ERC-20 tokens valued at roughly $21–30 million to a single external address. The exchange suspended all services, later claimed to have reimbursed most affected users using platform funds, but drew sustained user complaints about exorbitant post-hack withdrawal fees and withheld balances.","timeline":[{"date":"2018-04-01","event":"Bilaxy exchange founded and launched, incorporated in the Seychelles.","source":"TradingFinder Exchange Review","source_url":"https://tradingfinder.com/exchanges/bilaxy/"},{"date":"2021-08-28","event":"Hot wallet (0xcce8d59affdd93be338fc77fa0a298c2cb65da59) compromised between 18:00–19:00 UTC. Attacker transferred approximately 295–297 ERC-20 tokens to wallet 0xa14d5da3c6bf2d9304fe6d4bc6942395b4de048b. Estimated loss: $21–30 million.","source":"Merkle Science / CoinTelegraph","source_url":"https://www.merklescience.com/blog/hack-track-analysis-of-the-bilaxy-hack"},{"date":"2021-08-29","event":"Bilaxy posts Telegram announcement disclosing the hack and instructing users to halt all deposits. Exchange website suspended for emergency maintenance. Twitter announcement issued.","source":"CoinTelegraph","source_url":"https://cointelegraph.com/news/bilaxy-exchange-suspends-website-after-erc-20-hot-wallet-hack"},{"date":"2021-08-29","event":"HOGE token community reports that nearly one billion HOGE tokens held on Bilaxy were stolen; HOGE market price drops approximately 35%.","source":"PYMNTS","source_url":"https://www.pymnts.com/cryptocurrency/2021/crypto-exchange-bilaxy-loses-21m-in-hack/"},{"date":"2021-08-30","event":"Bilaxy releases detailed incident timeline via Telegram. Remaining hot wallet assets moved to cold storage. Exchange states BTC and ETH native assets unaffected. Incident reported to local authorities.","source":"Distributed Networks Institute","source_url":"https://dn.institute/research/cyberattacks/incidents/2021-08-28-bilaxy/"},{"date":"2021-08-30","event":"Attacker routes 200 ETH (approximately $700,000) through Tornado Cash in two transactions to obscure fund origins.","source":"Merkle Science","source_url":"https://www.merklescience.com/blog/hack-track-analysis-of-the-bilaxy-hack"},{"date":"2021-09-01","event":"Exchange expected to remain offline for at least two weeks; security firms engaged to audit infrastructure.","source":"Latest Hacking News","source_url":"https://latesthackingnews.com/amp/2021/09/01/bilaxy-crypto-exchange-went-offline-after-cyber-attack/"},{"date":"2021-09-01","event":"Bilaxy announces plan to reimburse affected users using platform funds for approximately 290 of the affected token types.","source":"TradersUnion Review","source_url":"https://tradersunion.com/brokers/crypto/view/bilaxy/"},{"date":"2023-08-01","event":"On-chain data shows attacker's wallet still holds tokens valued at approximately $3.6 million, indicating stolen funds were never fully recovered or returned.","source":"Distributed Networks Institute","source_url":"https://dn.institute/research/cyberattacks/incidents/2021-08-28-bilaxy/"}]},"v":1}