FatManHashflow

Bringing things to light.

[FatManHashflow @FatManHashflow]

@zachxbt 1. Gov proposal by CTO - https://t.co/CyK7pDmdIU

2. Arkham intel of GSR funded wallet that put proposal to vote - https://t.co/iOGMVHJ93l
https://t.co/7Fgh4HYVWJ

3. User outcry and team & devs response is public in their discord chats.

I'll be in your DM with more evidence.

[FatManHashflow @FatManHashflow]

Hashflow - a DeFi exchange - has rugged early supporters of their tokens through implementation of a DAO proposal authored by their CTO.

At the time of writing, an estimated 7-8 figures USD worth of locked $HFT tokens belonging to users have been voided to the DAO treasury.

[FatManHashflow @FatManHashflow]

@zachxbt The main facts of the post are easily verifiable.

1. The proposal that caused this situation was raised by their CTO.

2. Their implementation of it caused users to lose hundreds of thousands for not claiming dollars worth of tokens.

3. The team has done nothing to remedy this.

[ross.wei @z0r0zzz]

The CFTC just won a court case against a DAO and "as members" some founders are now on the hook for $643,542, and the DAO's websites and ops have been ordered to shut down.

Let's go into what this means for DAOs going forward
🪡👇

https://t.co/ssZ7zPAz1h

[FatManHashflow @FatManHashflow]

Imagine if you lost 100k worth of tokens for not claiming 50 cents worth of rewards. That was a reality of hashflow holders.

[FatManHashflow @FatManHashflow]

Here’s how the proposal works

Any swap made on Hashflow earns a small number of trading rewards.

Failure to claim said rewards after 60 days means they expire along with every other vested and unvested $HFT that a user possesses.

https://t.co/CyK7pDmdIU

[FatManHashflow @FatManHashflow]

Hashflow - a DeFi exchange - has rugged early supporters of their tokens through implementation of a DAO proposal authored by their CTO.

At the time of writing, an estimated 7-8 figures USD worth of locked $HFT tokens belonging to users have been voided to the DAO treasury.