As of yesterday it was revealed that a reliable source found out the CEO was being fired for day trading away a substantial amount of their ICO funds. The questions started popping up and people began demanding the team respond. There are 2 major allegations here: 1. Their CEO Brendan Playford was trading the ICO funds entrusted to them by their investors. He apparently lost quite a bit of investor money. 2. He was fired for gambling away investor funds and is the reason he has not been associated with anything the company is doing since July.
The team refuses to respond to these specific allegations. They only suggest they will make an announcement soon. Meanwhile the token value dropped by 25%, and its looking clear these allegations are true. It would be simple to just say NO, he was not trading investor funds. But they continue to dance around the issue. I want to know how much he lost. If lack of capital is an issue, the investors have to know about this. These guys claim to be "transparent", they better show us all of his trading history, otherwise they are going to zero and probably going to get sued into oblivion. This is bad. Not looking for fanboys to jump in and protect their investment, looking for facts about these issues and clarification from anyone who has some kind of inside knowledge.
source? fuck outta here with this FUDing - unless you're trying to accumulate
Joseph Edwards
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Lincoln Cruz
interesting. if any big holders want to get to the bottom of this, you can hire me to compile all the transaction data for these funds. I've been building out ETH network search tools and am getting pretty good at this. it's still work though, and I won't do it for free. blockchaininvestigator@protonmail.com
Isaiah Murphy
Yikes I just got banned five seconds after asking about this in the telegram
Juan Cook
lol you're probably the fucking DAG CEO
Nicholas Anderson
right, cause the DAG CEO is posting for hire on a tuvian whale whistling forum. its a simple offer.
James Carter
Why the hell would they ban you for asking a simple question. What was the exact question? I got banned too, I just asked if Brendan was trading funds received from investors because that is what people are saying is true. They banned me instantly and wouldnt answer. I mean all they have to do is say a solid NO. How fucking hard is that? This is fucking shady business for sure, there is no reason to avoid this question. I bet they lost a fortune while he day traded away a big chunk of the investors money.
Jaxon Wilson
so your source is the last thread on here? Would you consider this a reliable source kek
Liam Young
It was just a rumor, until posted to the team.....who then refuses to answer if its true or not or even confirm or deny if their CEO was trading investor funds. Oh by the way that CEO has also disappeared from all company related communications for months and 90% of his twitter posts are about crypto trading on his twitter account. Do you prefer to go through life with a blindfold on? Read between the lines dude, seriously this shit is obvious. Plus they insta-ban out of telegram any investor who raises the question. Their own fucking investors, whos money was apparently lost in this trading scheme.