SushiSwap Developer Returns $14M in ETH
iHodl.com
Main page News, Startups, Crypto Market, Cryptocurrency
Hot topic
Sept. 12, 2020

An anonymous developer of the SushiSwap decentralized protocol, Chef Nomi, has returned all the funds he previously unilaterally swapped.

Thus, the developer wants to let the community is left to decide how much he deserves as the original creator of product.

iHodl earlier reported that the SushiSwap's anonymous developer swapped all his SUSHI holdings for ethereum.

Such a unilaterally sell-off immediately resulted in the 50% crash of the token's price.

Shortly after the swap, Chef Nomi transferred the control of the project to FTX CEO Sam Bankman-Fried over massive criticism of an alleged exit scam.

Binance Announces New $100M Fund Focused on DeFi

If you are looking for a crypto trading platform to trade your assets, visit Gozo.pro, a safe and reliable exchange.

Despite the fact Chef Nomi decided to return all the funds, the SUSHI token is still far below its all-time high.

At press time, SUSHI is trading at $2,69 (+14.93%).

Subscribe to our Telegram channel to stay up to date on the latest crypto and blockchain news.

Read also:
Please describe the error
Close