Hi, some bad news from Banano

By banano | Banano | 27 Nov 2024

The statement below has already been published at the Banano discord and r/banano about 10 days ago. For transparency we're now also sharing this here, apologies for the delayed crosspost.

After a thorough investigation into team allowance accounts, we discovered that one of our Community Managers, Chris (AKA @turd.eth) sold significant amounts of community funds to an OTC Discord trader. Chris claims negligence, and that he mixed up his allocated community funds as his personal funds. However, by matching his Discord fund requests with the extensive blockchain transaction trail, we have no reason to believe this was a mix up. We have removed Chris from the team, banned him from the server, and after being provided a summary, Chris returned all known funds. There is no excuse for this to have happened in this way, for as long as it did. Going forward, a complete review of the historical usage of allowance from all team members will be conducted, and we will monitor future allowance usage much more closely. Below is a document compiled by the team members conducting this investigation. It contains a breakdown of transactions discovered up until this point, and is subject to change in light of new information or other developments.

Click Here to View Spreadsheet

What the Fork is Banano?

Banano is a cryptocurrency powered by DAG technology disrupting the meme economy. Banano has feeless and near-instant transactions, free & fair distribution, a highly active community, and active technical development!

Learn more at banano.cc. Find help getting started at banano.how. Current current BANANO price and market data at Coingecko or Coinmarketcap. All current trading pairs and exchanges here.