x @xyourfavourite - Twitter Profile

about 3 years ago

Speaking on behalf of investors, we wanted to bring to light a situation with a crypto VC. We had no intentions to go public. Only after months of waiting and giving them endless chances that we decided to do so. At this point it's evident that there is misconduct and a rug happening on their end. @R930Capital started well during the Bull cycle but a while after the bear kicked in, the situation changed unfortunately. This is just to warn other investors and warn future investors so they don't fall in the @R930Capital trap again down the line. Also, i will be happy to provide the evidence privately to @coffeebreak_YT @zachxbt, if they wish to investigate. 1. It has been proven with evidence that the RCD team sold investors' allocations for their own benefit. They continue to do so up to this day. If the claimed tokens still have value, then they would sell it for their own pockets. If they are worth peanuts then they would distribute it to their clients and that would happen after months of waiting and if the investors start nagging them. @katanainu @Cherry_Network @mintlayer @AngelBlock_io @ChainCrisis @partisiampc @arcade2earn @TheMARAverse @BricksProtocol @Breach_portal @hashsense_ @Animalia_games @CrypCade @ReSource_Fi @CitizenConflict 2. Lack of communication. Days would pass by without any response from the team members to investors' inquiries and concerns. @web3richard acting like hes a very busy man and got no time to communicate with the investors, hes not even involved in the private group. 3. They always claim their wallets got hacked, we dont know how long the "new hacks" will continue to take place 4. They claim they have issues with their own "in-house Bulksender" hence why they won't distribute until it is fixed. This has been going on for a year now. 5. Another example would be @GunzillaGames situation. Most VCs got refunded. RCD kept saying they are still waiting for the refund. Months pass by, one of the investors investigated and found out through the blockchain that they have already received the refunds and they never distributed it. In fact when they were confronted, they said they have an issue with their "in-house bulksender" and distribution did happen but alot of people received more than their original allocation and yet they refuse to send it back. Now, none of the actual investors received anything. We asked them to doxx the people who refuse to send back the money, they refuse to do so. A no brainer would know what has happened here. 6. Some admins in charge of the OTC room suddenly disappeared. The manager in RCD says they do have a sheet with the updated OTC that took place. Recently some members complained that their allocations are missing after the OTC deals. So it seems the sheet is not updated and there are missing chunks and it would be a game of cat and mouse. I think it's clear what has happened. Lessons learned: stick to Pool VCs/VCs which have proven themselves through both Bull and Bear and always DYOR over and over. On a side note, @web3richard, is trying to sell his allocations to other VCs, so be careful @Oiggroup @dci_crypto @BCAinvestments @HalvingsC @daomaker @moonstarter_off @firestarter_fi @binance @MEXC_Official @Bybit_Official @kucoincom @okx @HashVerse_LTD @Legion_Ventures @TrustPad @SynapseNetwork_

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