The founder of TEXITcoin has admitted that an insider hack occurred more than a year ago, confirming long-suspected security failures within the project. The disclosure revealed that internal access was exploited to drain funds, while investors were kept in the dark. Many holders accuse the team of deliberately delaying transparency as losses mounted. The admission has triggered backlash across social media, renewed scrutiny from regulators, and growing demands for accountability, compensation, and a full independent audit of the project.