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Fast take:
- Zeus Capital believes that the SEC will go after Chainlink and its founder subsequent
- Zeus Capital additionally questions Chainlink’s quite a few partnerships and means that the mission is a direct beneficiary of the Flash mortgage phenomenon in DeFi
- Zeus Capital has a working $100k rewards program for data on Chainlink’s questionable practices
The workforce at Zeus Capital has used the continuing SEC lawsuit against Ripple, to focus on that ChainLink (LINK) and its founders will quickly face an analogous destiny. Zeus Capital made the prediction through the following assertion.
$XRP down greater than 15% already and the present hasn’t began but. Who’s subsequent? Trace: one thing extra centralized, tens of millions of {dollars} in ineffective tokens each single week.
The assertion by Zeus Capital was in response to a Tweet by Tone Vays through which he identified that ‘XRP has been a safety from day one’ and that the workforce at Ripple has recognized all alongside. Tone Vays additionally likened the XRP army to being ‘mind lifeless’. Under is a screenshot of each tweets by Zeus Capital and Tone Vays.
Sergey Nazarov Will Face a Destiny Much like Ripple
Widespread crypto character, Anthony Pompliano, additionally chimed in on the state of affairs between Ripple and the SEC. In response to Mr. Pompliano, Ripple carried out an unregistered securities offering and thought they might get away with it. The workforce at Zeus Capital responded to his tweet by hinting that Chainlink and its founders are crusing on the identical boat as Ripple. Under are each tweets by Anthony Pompliano and Zeus Capital.
You imply Sergey and Chainlink?
— Zeus Capital (@ZeusCapitalLLP) December 22, 2020
Chainlink a Direct Beneficiary of Flash Loans in DeFi
In a earlier twitter thread, Zeus Capital went on to accuse Chainlink and Sergey of being the direct beneficiaries of the Flash Mortgage phenomenon in DeFi. In response to Zeus, the Flash loans in DeFi have been deliberately created in a fashion just like how Huge Pharma has been linked to new viruses.
The explosive development of DeFi gave rise to a brand new sort of exploit: the oracle assault. A whole lot of tens of millions have been stolen through Flash Loans. But, the prime beneficiary weren’t the hackers however @Chainlink, which added billions to its MarketCap cashing on buyers’ worry and distress…
The conspiracy says pharma comps create viruses, to allow them to promote their merchandise. Chainlink’s mascot brazenly brags they’ve been concerned in DeFi exploits, presumably stealing tens of millions so as to add billions in MarCap. Appears the nascent business falls sufferer to a grasping, poisonous group.
$43k Nonetheless Obtainable in Rewards for Data About Chainlinks Illicit Actions
Again in November, Zeus Capital launched a $100k rewards program geared in direction of gathering data on Chainlink’s illicit actions. In response to the workforce at Zeus, $57k has already been awarded with $43k continues to be up for grabs.
In conclusion, Zeus Capital believes that Chainlink will finally be classified as a security by the SEC and its founders prosecuted.
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