P0sixninja made the announcement at MyGreatFest, an iCommunity and Jailbreak convention currently being held in London, England.
While this is a "record breaking number of exploits found", userland exploits can be easily fixed via a minor software update. By keeping the exploits secret, the Chronic Dev Team is hoping that Apple won't fix them before the expected iOS 5 launch next month.
Notably, if the exploits are still present in iOS 5 when it releases, this will bring a jailbreak to the iPad 2 once again.
Via Redmond Pie
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