On March 11, rekt responded to the previous article about publishing Fantom’s centralized money-making plan, and said it apologized to all readers and affected protocols, and deleted the article.
Rekt previously published an article stating that a single address suspected to be controlled by the Fantom Foundation has sent a total of about 750 million FTM to the Binance address in the past 5 months, and the 60 million FTM used for the incentive plan has not been multi-signatured. Address management, fUSD also has obvious risks, and a specific on-chain analysis has been carried out.
Based on these findings, Fantom looks more like a centralized money-making scheme. After the article was published, it was confirmed by multiple KOLs that there was a lack of research, and most of the statements could be falsified.