LOTR1971

Retired U.S. Marine

[Sam @SamCKx]

Oh boy. 200 builds for Atlas.

It's not a milestone I have any desire to celebrate, but it does address those who try to claim we are not 100% committed to delivering this for the community.

There's never been a day since I joined back in the EverGrow days, when those involved haven't given their all to deliver.

Hell of a journey, but despite the many challenges, I'm proud to be one of the few teams in this industry who didn't just give up and abandon those who put faith in us when the going got tough.

[Sam @SamCKx]

Wow, so look what I found, calling themselves the OWNER of CedarDAO!

I guess she had it planned all along.

[Sam @SamCKx]

Let's be very clear about what Shawnte Thompson is doing in the Cedar socials. She is muting or banning anyone who dares to ask her questions about her $10s of millions of financial impropriety. She has fired moderators like @_CedarSteve, invited haters and constant fudsters in and allowed them to reign without moderation.

See this image below? This is one of many examples of gross misconduct from Lee, the guy Shawnte has just put on an unauthorised salary, and who has full powers over our Telegram. Lee's job is to ensure anyone who speaks up against Shawnte is muted or banned. The perfect definition of a Judas, betraying our community for money.

This is what corruption looks like. Every dollar misappropriated will need to be repaid.

[Peter Girnus 🦅 @gothburz]

I am a Web3 Ambassador at World Liberty Financial.

There are 12 of us on the team page. 4 are named Trump. 3 are named Witkoff. The page calls us "the passionate minds shaping the future of finance."

600,000 wallets bought our memecoin. They lost $3.87 billion. The family collected $350 million in trading fees. It launched 3 days before the inauguration. 80% of the supply went to CIC Digital LLC and Fight Fight Fight LLC. I did not choose the names. I designed the allocation, the vesting, the timing, and the distance between the product and the President.

The distance is my best work.

I am the reason these events are unrelated.

World Liberty Financial sends 75 cents of every dollar to DT Marks DEFI LLC. That is the family entity. Zero capital contributed. Zero liability assumed. I wrote this into the Gold Paper. Page 14. The lawyers bound it in white leather. The binding cost more than the due diligence.

Justin Sun invested $75 million. He was facing SEC fraud charges. The SEC dropped the case. He is now our advisor. These events are unrelated.

Changpeng Zhao pleaded guilty to federal money laundering violations. He received a presidential pardon. The SEC dropped its lawsuit against his exchange the same week we listed our stablecoin. Then the exchange settled a $2 billion deal entirely in that stablecoin. These events are unrelated.

Arthur Hayes, Benjamin Delo, and Samuel Reed of BitMEX pleaded guilty to Bank Secrecy Act violations. All 3 received presidential pardons. Then the company itself was pardoned. $100 million in fines. Gone. An American first. These events are unrelated.

Sheikh Tahnoun of Abu Dhabi paid $500 million for a 49% stake that was never publicly disclosed. Then the administration approved semiconductor exports to his companies over national security objections. These events are unrelated.

Everything is unrelated. I track the unrelatedness on a dashboard I built. The dashboard has 7 columns now. I am proud of the dashboard.

On May 22nd, 220 people paid a combined $148 million to eat dinner with the America First president. Over half were foreign nationals. Justin Sun paid $18.5 million for the first seat. He visited the Executive Office Building the day before. I designed the seating chart. I put it on the Investor Confidence page. That page is doing well.

The team page lists 3 Witkoffs. All 3 are Co-Founders.

Steven Witkoff is the President's Middle East envoy. He testified as a character witness at the President's fraud trial.

His son Zach runs the crypto operation. His son Alex is also a Co-Founder. I have not been told what Alex co-founded.

The father runs the diplomacy. The sons run the platform. The family runs both. That is organizational efficiency.

Barron is 19. His title is Web3 Ambassador. The same as mine. Donald Jr. called the conflicts of interest "complete nonsense." Eric launched a Bitcoin mining company called American Bitcoin. America First. The mining partner is Hut 8. Hut 8 was founded in Canada. America First means the name.

On March 6th, the President signed Executive Order 14233 creating a Strategic Bitcoin Reserve. The order directs the government to hold Bitcoin. The President's family holds billions in Bitcoin. The executive order appreciates the President's assets by presidential decree. I did not write the executive order. I made sure it looked unrelated to the portfolio.

Trump Media put $2 billion of Bitcoin on its balance sheet. The ticker symbol is DJT. His initials. The press secretary said it is absurd to insinuate the President profits off the presidency. Forbes calculated his crypto holdings exceed the combined value of Mar-a-Lago and Trump Tower. I would call that absurd too. That is my job.

600,000 wallets bought in. 1 of them asked why she could not withdraw her funds. I told her the protocol was experiencing dynamic market conditions. She asked what that meant. I sent her the Gold Paper. She said she had read the Gold Paper. I muted her channel. Dynamic means the conditions change. The condition that changed was her access.

A congressman called us the world's most corrupt crypto startup operation. We put it on a coffee mug. Ironic merchandise. $45. The revenue split on the mug is also 75/25.

My own tokens vest on a different schedule. I wrote that schedule. That is not in the Gold Paper.

The memecoin funds the family. The family funds the platform. The platform funds the stablecoin. The stablecoin funds the deals. The deals require the pardons. The pardons free the partners. The partners fund the platform. The President signs the executive orders. The executive orders inflate the assets. The assets fund the family.

I am the reason these events are unrelated.

[Shawnte V. Thompson @RealShawnte]

Sam... it's looking like you potentially stole 78.9M Cedar tokens from your beloved community.

You should put our minds at ease and at least prove your alleged personal ownership and then we will just have to focus on the failure to disclose and the representations made since 2022 because all of your words since then do matter and are admissible in the very court of law that you have a habitual habit of talking about.

You owe us at least this, let's be frank...

With this, I bid you a good night and a good rest of the week.

[DEFI-Denny🧐 @DEFI_DEGEN24]

The fact that @RealShawnte is holding the entire Cedar community hostage is mind boggling.
Do you not have a conscious,this is just wrong.
Do the right thing and step aside and let the community vote.

[Sam @SamCKx]

Odd how the committee were aware of the facts in the early days, but since the vast majority of them were forced off, someone is attempting to reinvent history...

[Sam @SamCKx]

How do we reconcile a situation where an overwhelming number of the Cedar DAO community want to vote, but the person holders clearly want to vote out is blocking the entire process?

[Sam @SamCKx]

Atlas Wallet: Development Update, End Q1 2026

We previously took Atlas out of external closed beta for a full infrastructure overhaul.

This isn't simply a rebuild. It’s a complete refinement of the product, alongside addressing further legal and compliance work required for launch.

Internally, management and our developers have been developing and testing 3-5 new builds per week over the last few months.

Here’s where everything stands:

Legal & External Dependencies -

These are the elements that ultimately control launch timing.

Website -

The website is being rebuilt to reflect the final product, features, and UX.

This cannot be completed until the build is fully locked, so it will be finalised close to launch.

Status: In progress

UK compliance (Section 21) -

We’ve completed a large portion of the groundwork, including a UK-specific version of the website.

What remains:
• Final in-app disclosures (must reflect final build)
• Geo-specific handling for UK users
• Formal sign-off from a regulated UK approver

Status: Partially complete, pending final build

On / Off-Ramp Partners -

We are integrated with 5 providers.
• 3 fully complete
• 2 pending compliance alignment (linked to final legal structure inc. UK Section 21)

These remaining items cannot be finalised until just before launch.

Status: 3/5 complete

Atlas Banking (Fiat Features + BillPay)

We have the opportunity to reintroduce banking features, including:

• Instant transfers to bank accounts
• Payments to friends/family
• BillPay functionality
• Crypto → fiat usability

These were highly valued by users.

However:
• The ongoing cost structure is significant
• Terms are still under negotiation

We will only enable this when it makes financial sense and aligns with launch timing.

Status: Under negotiation

Core Product (Wallet & App) --

Wallet Import -

We’ve rebuilt wallet import to allow a single seed phrase to restore all associated wallets, regardless of whether they were created on platforms like MetaMask, Trust Wallet or Phantom.

This solves one of the biggest UX problems in DeFi.
Status: Built and in testing

Token List & Filtering -

Once a wallet is imported, we’ve dramatically optimised token population.

This improves the user experience, but just as importantly, it fixes a major inefficiency in our previous infrastructure, which was both costly and resource-heavy.

It also now includes advanced filtering to remove spam, dust, and malicious tokens, resulting in a cleaner and more reliable portfolio view.

Status: Mostly complete, final optimisation ongoing

Notifications (App-Wide) -

We are moving from wallet-specific notifications to a unified system across the app.

This ensures users don’t miss activity, even with multiple wallets.

Status: Near completion

Markets section (New Feature Layer) -

We’ve built a completely new Markets section within Atlas.

This introduces features and information not previously available in the app, significantly enhancing visibility, usability, and overall user experience.

Status: Advanced development

Watch-Only Wallets -

Rebuilt and simplified.

Cleaner UX, better performance, easier tracking.
Status: In testing

Swaps -

Optimised routing to ensure:

• Faster execution
• Better pricing
• More efficient paths

Status: Built and in testing

Send & Receive -

Core functionality has been fully optimised and tested.
Status: Complete

Language & Currency Support -

• Multi-language support
• Multi-currency display
• API integrations complete

Status: Complete

NFTs -

Following previous beta feedback we have substantially overhauled the entire NFT interface.

This provides better coverage across all chains and significantly improved speed and reliability.

Status: Advanced development

Post-Beta Work -

Help Centre & Support

We will rebuild the help centre after reopening beta so it reflects:

• Final UI
• Real user behaviour
• Beta feedback

Status: Deferred to beta phase

Our efforts continue at pace to move Atlas back into our external closed beta, where we will be able to better assess readiness to full launch.

[Sam @SamCKx]

Cedar DAO community, I can confirm that I have sent the following email to the law firms that claim to represent our project. This is the latest of many attempts to engage with them and resolve this situation.

At this point, the community should be asking for evidence that firms being paid with resources intended for token holders are actually acting in their interests.

-------------------

Dear Sirs,

I have been advised to copy senior directors at your firm into this correspondence given the seriousness of the situation, the absence of any meaningful response over the past six months, and the escalating legal and reputational risk now attached to this matter. I understand that multiple Acting Committee members have reported to both Harneys and Horizons that they are also in direct opposition to Shawnte’s conduct. Despite this, there appears to have been little or no effective intervention. In the meantime, her continued publication and promotion of highly damaging and defamatory material (the latest available here: https://t.co/QgLGQKz9yg) has, in my view, already resulted in tens of millions of dollars in losses to the community, alongside substantial personal and corporate damage to myself and Wallet Enterprises Ltd. It is now essential to establish, as a matter of urgency , whether this damage is the result of the unilateral actions of a single individual, or whether she is, as she continues to claim publicly, acting under the advice or with the support of one or both of your firms. At this stage, accountability can no longer be deferred.

At the outset, it is important to restate a foundational point that has never been in dispute. While the project was always positioned as community-focused, and the token supply (with the exception of the clearly defined allocation to the founder and his team) was owned by the community, operational control was always separate. Marketing, development and operational responsibility sat with a defined operator, first the founder and subsequently a private company, with a specific budget allocated for that purpose. This distinction between community ownership of the token and privately controlled operations was clearly communicated, consistently understood, and formed the basis on which the project functioned from launch through to May 2025.

I wish to draw your attention to a tweet that was published in September 2022 and remained online for 3 years that confirms these facts beyond refute:

(see images)

I am aware that the concept of “community ownership” is now being used to attempt to blur or override that distinction. That is a mischaracterisation. Community ownership of tokens and liquidity does not equate to community control over operations, nor does it provide a basis to retrospectively unwind or reassign operational authority that was clearly and publicly exercised by a private entity. Any attempt to conflate these two distinct concepts in order to justify retrospective intervention is, in my view, fundamentally flawed.

I write to remind you of the underlying factual position.
From late 2022 until May 2025, I was the CEO exercising operational control over the project’s marketing, development and operations through EverGrow Marketing Ltd. I was also the individual who assigned the mandate and responsibilities to what was deliberately described publicly as an interim or acting committee. That position was communicated clearly and repeatedly through public channels, including tweets and formal communications, examples of which are:

(see images) "This week $EGC is officially moving under the ownership of our company EverGrow Marketing Ltd. Marketing funds will be moved to wallet address
0xd9996AB734C7dBBA1EFbb7298Bd0465c7E6D1C05 & the main team wallet will be moved to address
0x0fB4a0D1A629E8Bd38C9757296aE5A9F1C6C9E69"
September 8th 2022 from official EGC account.

The mandate given was limited, and specifically restricted to:

- establishing the long-term DAO framework
- reviewing and proposing a sustainable project budget
- developing strategies to grow and engage the community

That was the full scope. It was never broader than this. It was consistently and explicitly communicated that this committee was temporary in nature, and that once these objectives had been fulfilled and a proper governance framework was in place, the community would vote to appoint a permanent structure.

In her report, Shawnte relies on the wording of a later vote which omits this clearly stated limitation, and attempts to use that omission as a basis to assert that the committee was granted full and unrestricted authority over all past, present, and future matters. As lawyers, you will appreciate that this is not a tenable position. The absence of a previously stated limitation in subsequent communications does not extinguish that limitation, nor does it create new powers that were never granted in the first place.

The mandate did not evolve into something broader. It remained exactly as originally defined.

I did not grant the committee, and certainly did not grant Shawnte individually, any authority to retrospectively examine, reinterpret, or attempt to override decisions made by the founder in 2021 or by EverGrow Marketing Ltd between 2022 and May 2025. Nor was any authority granted to reclassify privately held tokens, assert control over assets, or conduct what has now become a sustained and highly damaging public campaign against me and Wallet Enterprises Ltd.

For more than six months, a single member of that committee has used the position and the resources entrusted to it to pursue what can only be described as a personal vendetta. In doing so, she has repeatedly attributed her actions to legal advice from one of your firms, thereby lending apparent legitimacy to statements and publications that are highly damaging and, in my view, clearly defamatory.

Her document linked above demonstrates the false premise on which she is operating.

For example, she states:
“This reflects execution of the Committee’s responsibilities, not an expansion of its authority.”

She further asserts:
“As a result, the current Acting Committee derives its authority directly from a DAO-approved vote and is not operating under a limited or pre-defined ‘interim’ mandate.”

And:
“The Committee’s authority arises from governance participation and is exercised on behalf of the DAO and its stakeholders.”

These statements are fundamentally incorrect and represent a clear mischaracterisation of the authority that was granted. The committee was deliberately framed and communicated as temporary and limited in scope - the fact that it is repeatedly and publicly referred to as the ‘Acting’ or ‘Interim’ committee puts all this beyond doubt. It was not given authority to revisit historical decisions, to redefine token ownership, or to assert powers over structures and allocations that pre-date both the committee and any functioning DAO framework.

This false premise fatally undermines the entirety of her report and any actions taken on its basis. That position is not mine alone. Several elected committee members have contacted you directly to state that they do not support Shawnte’s actions, and the last remaining legitimate committee member, Marios, has publicly and unequivocally rejected the entire premise of this report, and confirmed that despite it being positioned as official committee business, it is simply a self-authored report being misrepresented as an official communication.

The factual position is straightforward.

Project operations, marketing and development operated privately from 2021 until at least May 2025. The founder was allocated founder and team tokens under the original white paper without restriction. Those tokens were under his discretion. Certain rights and tokens were subsequently transferred to me under a private arrangement, which has never been publicly disputed by the founder, nor has any allegation of wrongdoing ever been made.

Shawnte is now attempting to retrospectively relabel those privately assigned tokens as community-owned, and to go further by asserting that originally unrestricted private tokens, issued in a project that had no governance or voting mechanism throughout its existence, should now be treated as non-voting. She then relies on that position to justify unilateral actions, suppress genuine community governance, and continue publishing damaging material while claiming legal backing.

I have seen no evidence supporting this position. There is no document overriding the original allocation. There is no evidence establishing DAO ownership of those tokens. There is no document granting the committee the powers she claims. Indeed there isn’t even formal documentation confirming the transfer of assets or powers from EverGrow Marketing Ltd to the committee, because no such permanent transfer was ever intended. The arrangement was temporary, trust-based, and limited in scope for the purpose of delivering a future DAO structure. This is in contrast to the fact that there was public communication and indeed documentation proving beyond refute that EverGrow Marketing Ltd did have full operational control and full ownership over the assets that are currently being misappropriated and indeed being used to pay your fees.

The consequences have been severe. Her report has been publicly promoted and pinned across social media channels my team built over many years, reaching tens of thousands of users, and presented as authoritative. The resulting harm to my professional reputation, to Wallet Enterprises LTD, and to the wider ecosystem is substantial and ongoing.

I am also aware that there is overwhelming community opposition to her conduct, and that other committee members have publicly stated that they do not support her position and have raised concerns directly with legal representatives, including assertions that key facts have been misrepresented.

In light of the above, I require urgent clarification on the following, supported in each case by the relevant documentary evidence:

Advice and Positioning - Whether either of your firms has provided legal advice supporting the position that the committee has authority to retrospectively review and override decisions made by the founder in 2021 or EverGrow Marketing Ltd from 2022 to May 2025, and if so, please provide the written advice, opinion, or instruction evidencing that position.

Token Classification - Whether either of your firms has advised that privately allocated founder or team tokens can be reclassified as community-owned, restricted, or stripped of governance rights absent any clear legal basis, and if so, please provide the legal analysis or documentation supporting that conclusion.

Documentary Basis for Claims - What specific documentary evidence, if any, you have been provided with or have reviewed that would support: a) the alleged expansion of committee authority beyond its originally stated mandate b) any transfer, assignment, or vesting of assets from EverGrow Marketing Ltd to the committee or any DAO structure c) any legal basis for the reclassification or restriction of privately held tokensPlease provide copies of any such documents or identify them with sufficient particularity.

Use of Your Firms’ Names - What steps, if any, you have taken to prevent your firms’ names from being used to legitimise public statements and publications that are causing substantial reputational and financial damage, and please provide any correspondence or instructions issued in this regard.

Public Attribution of Your Advice - Whether either of your firms stands behind, and is willing to publicly confirm, the claims made by Shawnte in her report, which she has repeatedly attributed to your firms, and if so, please provide the documented basis upon which such support is given.

Awareness and Independent Verification - Given that you have been made aware by multiple elected committee members that they do not support Shawnte’s actions, and that concerns have been raised regarding the accuracy of the information presented to you, what steps have you taken to independently verify the factual basis of the position being advanced, and please provide any records, notes, or correspondence evidencing that process.

Ongoing Harm and Intervention - In light of your awareness of the ongoing publication of highly damaging material, and the significant losses already caused, what steps, if any, have been taken to mitigate or limit further harm pending proper verification of the underlying claims, and please provide any documented actions or advice issued in this regard.

Engagement - Whether you are willing to engage directly with me without further delay to address these matters based on the actual factual and legal position, and to explain the basis for your firms’ refusal over the past six months to engage with the individual who proposed the DAO structure, assigned the committee its authority, and, as CEO of EverGrow Marketing Ltd, holds full legal authority over operations and assets, as confirmed by public announcements and documentary evidence.

The powers and resources that were temporarily entrusted to the committee have, in my view, been misused and misappropriated. If your firms do in fact represent the interests of token holders, then you are expected to take appropriate steps to intervene in ongoing conduct that is causing clear and significant harm, and to engage with me without further delay.

This situation has been allowed to continue unchecked for far too long. A single individual has been permitted to misuse her position, misrepresent the scope of her authority, attribute actions to legal advice, and cause substantial and ongoing damage.

I now require a substantive response as a matter of urgency.

[CedarSteve @_CedarSteve]

@RealShawnte has voluntarily agreed to stop being paid by @CedarDAO

Will @MariosDemX also agree to suspend his pay?

For the good of the community, this is the right thing to do until we have Cedar back on track and we have community representation.

WE WANT A VOTE!

[CedarSteve @_CedarSteve]

Remember the good ole days @RealShawnte ?

You go after committee members for not disclosing things yet you didn’t disclose working as COO and getting paid by them.

What ever happened to this project? 🤣

[Sam @SamCKx]

This is quite a revelation. At the very least this should've been disclosed during the election process. Shield coin was promoted as part of the whole metablahblah operation, a group of devs who launched numerous abandoned shitcoins, including that EGC2 scam token that aggressively targeted our holders then dumped on them. The Cedar community should have been fully informed of this connection as it is material.

[LOTR1971 @lotr1971]

Very interesting....

[CedarSteve @_CedarSteve]

Then there’s this one too. No disclosure about her relationship with this project either.

For someone who demanded transparency from committee members, we didn’t get much from her did we?

[CedarSteve @_CedarSteve]

The connections keep becoming clearer @RealShawnte

Your association to these projects were not disclosed to the @CedarDAO community before you were elected.

[Sam @SamCKx]

Oops! Another person caught lying about our project history fully exposed!

[CEDAR-NielsVGele @NielsVGele]

What worries me is that a statement of Marios is simply ignored because it says opposite of Shawnte. We need to add People to the committee that present our community correctly. There is to much tunnelview. Votes need to happen and correct presentation of actual holders @cedardao

[CedarSteve @_CedarSteve]

She can’t even get the dam name right…

[Nick @EvergrowNick]

@Kmeyer311 @NielsVGele @_CedarSteve @RealShawnte @AtlasWallet @CedarDAO I can't see anyone shouting out against having a vote and a hell of a lot of energy behind having one. The longer Shawnte fights against what the holders are asking for the worse this will reflect on her.

Hold the vote! Stop messing around @RealShawnte!

[Sam @SamCKx]

I think it's time I shared this, along with the context. Shawnte sent this and similar to various committee members when they disagreed with her on the steps she has been taking that have caused the immense destruction of our project we are all seeing today.

Let me lay out the context - shortly after Cedar launched, some members of the committee took on an uncontracted position helping organise the Cedar community beta of Atlas. These members were volunteer committee members, not "employees", and were also not employees of Atlas.

They were some great guys, serving on the Cedar committee for free, and helping Atlas with a beta program specifically to give access to Cedar token holders. For their help in advancing Atlas and supporting the Cedar community with access, I gave them a couple of cash bonuses.

Shawnte claims that by offering Atlas and Cedar this support, these committee members lost all their rights to participate in governance, and suggested they were compromised both civilly and criminally.

This was back in November, and since then Shawnte has also threatened me with criminal liability if I didn't immediately freeze spending at Atlas, effectively making the company insolvent, defaulting on our obligations, losing our developers, CTO and countless partners.

The basis for Shawnte demanding I freeze spending? She claims that funds were never legally assigned to Atlas, so if I spent them on Atlas operations I was clearly a criminal. Let me ask you all a logical question - who was running the project in March 2025, months before Cedar launched, months before the interim committee was put in place, when the poll was held and the assigment of funding to Atlas was made? Who would've been the person to legally assign assets from EverGrow Marketing Ltd to Wallet Enterprises Ltd? Let me give you a clue - it was not an elected interim committee member for a committee with a limited mandate that did not yet exist. Despite all that, Shawnte claims, with her usual ZERO evidence, that that assignment never happened. Just the usual BS ploy for Shawnte to attempt to procure assets that she will do what she wants with.

This is what myself and committee members have been dealing with at the hands of one woman for well over 6 months now.

A constant flow of AI-authored, legal-sounding slop intended to intimidate and threaten people into following Shawnte's orders. She doesn't even bother removing the obvious ChatGPT formatting from this crap.

This is not what we envisaged when I suggested we move towards being a DAO. Every dollar misappropriated on all this is theft, no two words about it.