STORMBIT LABS. NOTICE TO OUR COMMUNITY AND OUR COUNTERPARTIES There was no hack. Nothing was stolen. Nobody quit. Our treasury drained anyway, and it drained for months before anyone thought to look. The cause was not fraud. It was one engineer, acting alone and acting in what he believed were the company's interests, running a systematic options program against the treasury. Selling BTC calls. Every Friday. Since March. Booked in the ledger under "income." He was proud of it. He mentioned it once in a standup and the room nodded, because "I've been generating yield on idle treasury" is the second-most-responsible sentence a person can say out loud, and nobody wanted to be the one who asked the follow-up question. He took whatever price was on the screen. Week after week, he sold for a few dollars a contract while the same contract, same strike, same expiry, same venue, same hour, was on offer a few clicks away for many multiples of that. This was not incompetence. He had no way to see it. There is no screen that puts on-chain and CEX side by side. There is no screen that separates the quotes that are firm from the quotes that are decoration. He took the first price offered and called it a market. Given the foregoing, the Board has resolved 1) we are not winding down. the runway is intact and nobody is being laid off. 2) we are keeping the engineer. 3) we are building the screen he should have had. we kept him because when we sat him down to explain his mistake, we couldn't. the information did not exist. we went looking for the thing he should have been able to open, and found an empty chair where it belonged. we didn't fire the engineer. we fired the excuse. so we built it. moneyness reads every options venue we can get to and shows what is actually trading, where, and what the same trade costs at each of them. firm quotes marked firm. indicative marked indicative. no login. no token. no waitlist. moneyness.xyz. built by stormbit labs. the most expensive thing in an options market is the price you never saw.