News

Sushiswap’s New CEO Denies All Scam Allegations

A series of allegations of fraud and animal sexual assault by the new CEO of Sushiswap are being spread widely on social platforms. Not long after, Jared Gray himself denied all allegations related to him.

As was updated in an earlier Coincu News article, on October 11, after a series of scam allegations were spread, SushiSwap’s new CEO, Jared Gray denied all the allegations in a post on its social platform and accepted a public investigation.

He said the 2019 fraud allegations were made by him and investors who discovered his business partner had stolen money from the community while he was busy raising funds to start Bitfineon exchange.

Upon finding out with some investors, Jared Gray fired him and refunded the affected people in full.

He insists on always acting with integrity and you can contact any partner to verify. Jared Gray admitted to a number of commercial errors disclosed by Twitter Thread, but denied any baseless allegations.

Despite denying the allegations have been made, Sushi is still being hit hard by this crisis.

Previously a whale accepted a loss of more than $1.5 million to liquidate the accumulated 1.22 million SUSHI. This also contributed to the worsening of SUSHI’s price. Currently SUSHI is still trading at $1.23, down nearly 10% within 24 hours.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join us to keep track of news: https://linktr.ee/coincu

Website: coincu.com

Foxy

CoinCu News

Victor

Recent Posts

BlockDAG Surges Past $170M as BDAG250 Bonus End Countdown Begins – Aave Targets $400 & Solana Shines with Scalability

BlockDAG crosses $170.5M in presale success with BDAG250 bonus and Whitepaper V3 launch! Solana grows…

2 minutes ago

Qubetics Presale Price Surge Approaches: The Best Coins to Invest in Right Now While Toncoin, and XRP Gain Traction

Discover why Qubetics, Toncoin, and XRP are the best coins to invest in right now.…

32 minutes ago

Book of Meme Old News? This Best Meme Coin to Invest in 2024 Is Multiplying Gains Like a Champ

Over the years, meme coins have evolved from inside jokes into serious investment opportunities.

2 hours ago

Time’s Ticking on BlockDAG’s 5-Tier Bonus- Few Days Left to Grab It While Cardano Whales Take Action, Aave Rallies Strong

Discover BlockDAG's five-tier bonus program's closing phases that enhance buyer holdings. Gain insights on the…

2 hours ago

Best Altcoins to Buy for 2025: Qubetics Presale Surge, Solana’s Lightning Speed, and Cardano’s Blockchain Revolution

Discover why Qubetics, Solana, and Cardano are redefining the crypto landscape. Learn about milestones, price…

3 hours ago

Why Qubetics, NEAR Protocol, and IMX Are Dominating Crypto: The Best Altcoins to Join Today for Game-Changing Returns 

Discover why Qubetics, NEAR Protocol, and Immutable X are the best altcoins to join today,…

5 hours ago

This website uses cookies.