SushiSwap's founder, Chef Nomi, returned $ 13 million after being labeled a scam

SushiSwap's founder, Chef Nomi, returned $ 13 million after being labeled a scam

By HenryDo | CRYPTO CAPICAL | 12 Sep 2020


SushiSwap founder Chef Nomi withdrew all of the project's creative development fund to 38,000 Ethereum on September 7, and transferred control to Sam Bankman-Fried of FTX Exchange.

But today, Chef Nomi appeared and returned the full amount to the SushiSwap fund with an apologetic tweet:

The Etherscan transaction posted by Chef Nomi shows 38,000 ETH transferred. Following this news, the price of sushi token increased by 25% shortly thereafter.

This money was returned suddenly and completely unexpectedly, which has surprised many people. The former founder apologizes, but many find it hard to believe this person's sudden change.

The majority of users on Twitter accept the apology and sympathize with Chef's views. Others are impressed with their repentance but have little confidence in the intentions behind the action.

In a series of tweets that followed, Chef Nomi explained that he "will continue to participate in Sushiswap's technical discussion and implementation." However, Chef will not have any control or join the board.

This person wrote:

I hope that Sushiswap will continue to grow. Don't let my mistake stop it from becoming 100% community AMM. The success of Sushiswap will set a precedent for many community-run projects. It has a lot of potential, so don't let my actions ruin them alone.

In addition, Chef Nomi also apologizes to crypto exchange Binance, CEO Changpeng Zhao (CZ) and Sorawit Suriyakarn - co-founder and CEO of Band Protocol. Before that, Suriyakarn has been charged with being Nomi chef, but both sides deny. Chef writes:

I'm sorry I was able to get you in trouble. Binance and the exchange's CEO have been heavily criticized for having listed sushi tokens.


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