Don't Miss, Fraud and Scams

Controversial Sushiswap Creator Returned $14 Scammed Money

In a handsome twist of events, the Sushiswap creator who headlined to have exited after racking up millions of ETH conversion, returned all $14 money, the owner confirmed in a post.

Anonymously hidden under the name, Chef Nomi, the alleged scam tweeted that all money cashed out will be sent back for the public’s decision on usage.

“To everyone. I fucked up. And I am sorry,” the post tells.

“To everyone. I fucked up. And I am sorry,”

Chef Nomi

In the latter part of the tweet, Nomi went on: “I would like to apologize to everyone who I have caused troubles to. I was emotional, I was greedy, I was afraid. I made bad controversial decisions under pressure. And it hurt everyone. I failed your expectation and I am sorry.”

This once-in-a-lifetime and rare case of an ‘accused’ con artist has gone out in public to correct his/her mistake. Last week, the rip-off reports came a few days after the sushi token, which cleft from the Uniswap protocol, shoot up in value to $10 in just 24 hours.

“I have returned all the $14M worth of ethereum back to the treasury. And I will let the community decide how much I deserve as the original creator of Sushiswap. In any currency (ETH/SUSHI/etc). With any lockup schedule you wish,” Chef Nomi further added.

The Etherscan post by the founder has noted 38,000 ETH worth of transfers. Following this news, the price of sushi token reached 25%, and the toke price is running at $2.67 as of press time.

The two-week-old decentralized finance (Defi) liquidity provision platform forked from Uniswap as well.

Furthermore, all sushi liquidations made by this person made all sushi holdings on Sept. 5, pulling more than 75% in SUSHI’s price. Shortly after this, on Sept. 6, Chef Nomi surprisingly took monopoly of control of the Sushiswap project to FTX exchange CEO Sam Bankman-Fried.

This apology also was sent to different crypto firm big wigs like exchange Binance, CEO Changpeng Zhao (CZ), and Sorawit Suriyakarn, the co-founder and CEO of Band protocol

In the end, he left a message to everyone saying that all “will continue to participate in the discussion and technical implementation of Sushiswap in the background. I hope that Sushiswap continues to evolve. Don’t let my mistake deter it from being a 100% community-run.”

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