A number of investors in the DeFi project SushiSwap plan to file a class-action lawsuit against its anonymous creator, ‘Chef Nomi’. This was reported by the CEO of FTX, Sam Bankman-Fried, in an interview with Forbes.<\/p>\n
\n“Regarding ‘Chef Nomi’, several token holders have threatened him with legal consequences under a class action. Since the founder of the protocol remains anonymous, it is unclear what outcomes may be and whether the FBI and the IRS will be involved,” Bankman-Fried said.<\/p>\n<\/blockquote>\n
The source of community discontent was the recent sale<\/a> of half the funds from the SushiSwap developers’ fund. The lead developer moved the tokens into Ether, which triggered a sharp decline in the token’s market value\u2014from $11 to $2.35.<\/p>\n
Later, transferred<\/a> control of the protocol to the CEO of FTX. This sparked a rebound to $3. Many project participants demand that the SushiSwap founder buy back the tokens and hand them over to the developers’ fund.<\/p>\n
FTX CEO Sam Bankman-Fried said that the transfer of governance rights for SushiSwap from ‘Chef Nomi’ came as a complete surprise to him.<\/p>\n
He said he has not yet selected the holders of the multisignature to govern the protocol. The selection is taking place on Twitter, after which the candidates will be put to a vote among SUSHI holders.<\/p>\n
According to Bankman-Fried, he intends to implement several new ideas in SushiSwap.<\/p>\n
\n“I have a lot of ideas that can be implemented in SushiSwap after the migration is completed. You can add margin trading and lending capabilities to the platform, and also create a separate version based on Serum. The community will make decisions,” added the head of FTX.<\/p>\n<\/blockquote>\n
In the wake of these events, the crypto community criticised<\/a> Binance for listing SUSHI. In response, CEO Changpeng Zhao said that the exchange always strives to support innovation, and investments in any coin always carry risks.<\/p>\n
Earlier, the native tokens of SushiSwap’s meme clones collapsed<\/a> to zero.<\/p>\n
Subscribe to ForkLog news on Telegram: ForkLog FEED<\/a> \u2014 all the news, ForkLog<\/a> \u2014 the most important news and polls.<\/p>\n","protected":false},"excerpt":{"rendered":"
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