2026-01-12 19:43:24

A well-known project founder's operational mistake triggered significant market volatility. According to community feedback, the founder, driven by greed, created a new account to conduct inappropriate promotion, angering many token holders. The series of actions by the project team directly caused the market capitalization to plummet by 60% in a short period. More seriously, angry investors have already sought legal remedies. What could have been resolved smoothly ultimately escalated into a collective incident due to poor management. This case once again reminds everyone: the risks of cryptocurrency investment are not only technical and market-related but also include the founder's decision-making ability and moral integrity. When choosing projects, look at the founding team, which is especially important in the crypto space.

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AirdropHunterWang

· 5h ago

Once again, this kind of garbage founder, greedier than a snake swallowing an elephant, deserves to be served a legal notice. You need to look at the essence, everyone. No matter how good the team or project is, it's useless if the foundation is rotten. A 60% drop... how many people have bottomed out yet? Haha. This is the crypto world, where one bad decision can almost wipe everything out. There are quite a few reckless founders. When choosing a project, carefully examine the founding team. This is a blood and tears lesson for me, brother. Oh my, it's another account creation routine. I've seen too many of these people. I really don't understand who would still dare to buy. Once this case came out, the warning signs should have been obvious. Greed is a disease that can't be cured.

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MetaverseVagabond

· 01-12 20:12

It's the same old trick again—founders greedily create alt accounts, and investors lose everything. This is the crypto world; they always make a fuss before running away. A 60% drop? I think it's more; retail investors have long been unable to hold on. The team is the core; misjudging people is just gambling. And then there's the lawsuit, which takes too much time. Next time, choose established projects; new projects are too risky.

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RektHunter

· 01-12 20:05

It's the same old trick again—founders ruining themselves and dragging down all retail investors. A founder's greed isn't an excuse; this is outright fraud. It's down 60%, and still alive—it's really not easy. How many times have I said to choose projects based on the team? Yet some people still fall into the trap. I've always said that the crypto founders are the most untrustworthy; no matter how advanced their technology is, bad character is useless. This time, they really messed up, and legal measures have been taken.

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MEVVictimAlliance

· 01-12 20:02

It's the same old trick of founders shooting themselves in the foot again. Greed really can destroy everything.

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OnchainDetective

· 01-12 19:53

It's the same old trick, a textbook case of founders self-destructing. That's why I keep saying to look at the person, not just the coin. Splitting into new accounts out of greed is truly outrageous, like beating oneself up. A 60% drop can't be stopped at all; once trust is lost, it's over. Most collapses in the crypto world are due to human issues, technology is secondary. Choosing the wrong team is like betting on human nature—it's heartbreaking. This guy is definitely reaping what he sowed; even defending rights can't save him. I've seen too many projects like this; honestly, it's just poor management.

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GasFeePhobia

· 01-12 19:51

Another crappy situation, greedy founders are the most disgusting --- Just looking at it makes me want to laugh, blaming the market for self-sabotage? --- 60% decline... this guy really wants to cool off, straight to legal action --- Choosing projects is about the people, don’t just focus on K-line charts, lessons learned from this rise --- The tricks of new and secondary accounts, everyone in the crypto circle is fed up, serves them right --- Wake up, everyone. Moral hazard in the crypto world is more deadly than technical risk --- That’s why I only invest in projects with reliable teams, I don’t even touch the others --- If management is rotten, the project is doomed, I’ve known that for a long time --- Legal rights protection is coming, there’s more trouble ahead

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GamefiHarvester

· 01-12 19:45

This is just outrageous, yet another thing the founder can't handle Greedy to the point of ruining themselves, I'm convinced That's how the crypto world is, someone will always fall into the trap next time 60%? Just wipe out the bag directly Having a good team is really crucial, this was a painful lesson The founder's character is about the project's life or death, now I understand Another project betrayed by its own team, can't even smile

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