The CEO of Waves Protocol just admitted that he stole users’ funds.
I stole 93 million $
suck my dick
According to the announcement tweet, He’s talking about 93M of USDC and USDT on Waves which can’t be transferred to Ethereum because of a closed gateway.
I only vaguely remember this token but don’t really recall what it was suppose to do, but straight up admitting to gambling away investor funds seems different…
It’s also the second announcement from a CEO admitting he stole all the money from the project after the founder of CLUCOIN recently admitted he gambled all the investor funds away.
HOW DID THE MARKET RESPOND TO THE NEWS?
Why, with a 22% gain of course!
Despite the project apparently dead and the founder admitting he stole millions of dollars, investors are pouring into WAVES. I…. I got nothing.
Crypto is never predicable.