|
|
|
|
|
by tbenst
1179 days ago
|
|
The leaders of SushiSwap have long been running a Kleptocracy. About a year ago, “FrogNation” attempted a takeover of SushiSwap, and as a member of the DAO I did due diligence on the on Dani Sestagelli and Sifu. I found blockchain transactions demonstrating that they had been personally withdrawing >$30M from the treasury of their project WonderlandTime, and posted this evidence to the SushiSwap forums. I was immediately banned from the Sushi forums and discord. About 30 days later, it was revealed that Sifu was known fraudster Michael Patryn, and the project imploded. Sadly, the Sushi leadership has continued to suppress any investigative work by DAO members into the actions of leadership. There is undoubtedly a culture of suppressing information, and receipts suggestive of fraud. The SEC is right to investigate. |
|