He has redeemed himself through surrendering the money. And now, it's time for those people that he has bothered and caused the ruckus to give him the pardon and forgiveness.
It's all up to them.
Topic: SushiSwap founder returns money and ask for forgiveness 😢 - page 2. (Read 813 times)
Even though the damage has been done I think they could still continue to work on it and make it better project in the future.
At least this founder knows how to return their investors money not just another hit and run project that would run away with all their investors money.
Although the damage has been done by the former CEO but am happy to see a potential exit scam project doing a good restructuring of it leadership. He portrayed good elements of trust in my opinion as he returned all the money stollen from investors back to them, this is strange in the world of cryptocurrency, though not justify his actions. The new project CEO has a good reputation which is enough to transform the project to it enviable position among it equals to stay at the top.At least this founder knows how to return their investors money not just another hit and run project that would run away with all their investors money.
still going to be hard to earn the trust once again. even if he will return them all back, the disappointment of the users disgust to sushi project. i can't even eat my sushi tuna anymore lol it reminds me of the project every time i see a sushi on the table.
he realized too late that what he did was terrible. he could really make a lot more money than what he got right now if he just stick to the roadmap. now that CZ had tweeted about them scaming, its hard to take it out of our mind already.
Even though the damage has been done I think they could still continue to work on it and make it better project in the future.
At least this founder knows how to return their investors money not just another hit and run project that would run away with all their investors money.
Although the damage has been done by the former CEO but am happy to see a potential exit scam project doing a good restructuring of it leadership. He portrayed good elements of trust in my opinion as he returned all the money stollen from investors back to them, this is strange in the world of cryptocurrency, though not justify his actions. The new project CEO has a good reputation which is enough to transform the project to it enviable position among it equals to stay at the top. At least this founder knows how to return their investors money not just another hit and run project that would run away with all their investors money.
I'm sure he just wants to recover his good name. but that will not mean the morning of those who have seen what he has done in the market.
He already make the damages for sure it won't be easy for those who got involved and lose their money from this project, even he's trying to catch up and return the money the damage has been done.
This issue will be hard for the market to accept, but the sushi asset is now being considered for release on several exchanges.
There's still chances that traders will join the ride, people who knows how to play well with this kind of trends, they are willing to take part and risk their money.
it happened when so many people were trapped. and now we will wait for how the market will respond to this.
Indeed, it will be depends from how the market will respond to this action that the dev made. If there are more investors who will buy this and show back interest with sushi then expect something decent.
I'm sure he just wants to recover his good name. but that will not mean the morning of those who have seen what he has done in the market. This issue will be hard for the market to accept, but the sushi asset is now being considered for release on several exchanges. it happened when so many people were trapped. and now we will wait for how the market will respond to this.
I think this guy has redeemed his image, to be sincere not everyone can afford to do what he did, $14 million is a huge money to refund because this is life changing money, for him to come and admit he is wrong to me is a great feat, I just hope the community will welcome him backa nd let the buy-gone be buy-gone. Now the project can move forward
I wouldn't agree with this. It seems more likely that he realized there was good chance of getting Doxxed and caught by the authorities or even worse getting caught by perhaps some unsavory investors who could perhaps do far worse things to him( not just in sushi But In DEfi in general since his Exit scam attempt started a cascade of more exit scams /rug pulls and collapse in prices of most Defi coins which many would argue was unsustainable).
Also as far as returning the 14 million who is to say that he has Not shorted his own coin before new broke of his exit scam and repurchased or longed it again before he "asked for forgiveness" essentially front running the entire market. This along with the whole transfer of Keys to FTX just seems extremely suspicious to put it gently.
All this of course also does nothing for traders who may have been liquidated both times as a result of his decision. ( still expecting many official complaints to be lodged against him)
I just don't see how anyone can let by bygones be bygones here.
His greed fail him, he would have gain more from sushi in the long run but he might have thought selling his share and cashout was the best decision. Happy for him that he got back unto his senses.
But I still think the damage has been done. Once bitten, twice shy, many has move on and will not come back to the project.
But I still think the damage has been done. Once bitten, twice shy, many has move on and will not come back to the project.
If he had no bad intentions, even if he's been under fire for selling all his coins, he wouldn't have cared the same way Charlie Lee didn't when he sold his. Why would he care that if that's simply something he wanted to do and felt wasn't wrong, right?
This man's reputation shouldn't recover imo. If nobody gave a damn and everyone accepted the idea that he exit scammed, he wouldn't have returned his bucks. This seems like he realized there's no way he could escape through an exit scam with $14M (or the risk is too high) so he gave up and tried to recover from his mistakes.
This man's reputation shouldn't recover imo. If nobody gave a damn and everyone accepted the idea that he exit scammed, he wouldn't have returned his bucks. This seems like he realized there's no way he could escape through an exit scam with $14M (or the risk is too high) so he gave up and tried to recover from his mistakes.
Not everyone can do the same, because admitting mistakes is a very difficult thing for us to do especially when it comes to money, and I salute what sushiSwap's founder has done and this is very good because he is aware of the mistakes made so far and it is very detrimental to others, for other scammers can hopefully be a guideline.
I do not believe that can happen but if it is true that will be great, usually no one gives back the money they cashout looks like the owner has realized his mistake or he may be threatened by someone or he could have felt scared due to any legal action against him whatever the reason if it is good for the project we should support it.
Well, he did a a nice job to return the funds. it shows that he has much trust and faith in his project. he really want to see his project succeed and he needs to lead by example. i think it was a nice decision by the chef. people will believe in him and support him whenever he calls for assistance from the sushi community. NO wonder the token made turn around.
He did well by refunding those monies afterall there are some of fraudulent ones that had absconded with people funds without any trace at least he came out openly to apologizes for his misdeed and mistakes this will bring some credibility and trust in the token no wonder the token had made some pumping this will likely encourage more investors into the project and more buyers will invest in the token.
No one will forgive Nomichef's actions as he drastically reduced the market. As a result, the traders lost a large amount of money. His 14 million returned to everyone also could not resolve the situation because everyone had lost money, which is undeniable, the derivatives traders on Binance were even worse because of the high leverage.
There are several allegations that Nomichef was involved in the Band Protocol project and people thought his fear of being sued was the driving force behind him to seek forgiveness from the community.
Follow the link below:
https://twitter.com/burn_the_state/status/1302706414947725312
https://twitter.com/AdamScochran/status/1302816971591946241
There are several allegations that Nomichef was involved in the Band Protocol project and people thought his fear of being sued was the driving force behind him to seek forgiveness from the community.
Follow the link below:
https://twitter.com/burn_the_state/status/1302706414947725312
https://twitter.com/AdamScochran/status/1302816971591946241
Well, he did a a nice job to return the funds. it shows that he has much trust and faith in his project. he really want to see his project succeed and he needs to lead by example. i think it was a nice decision by the chef. people will believe in him and support him whenever he calls for assistance from the sushi community. NO wonder the token made turn around.
He did well by refunding those monies afterall there are some of fraudulent ones that had absconded with people funds without any trace at least he came out openly to apologizes for his misdeed and mistakes this will bring some credibility and trust in the token no wonder the token had made some pumping this will likely encourage more investors into the project and more buyers will invest in the token. 
Exit scam canceled? He probably afraid of being put in jail for the rest of his life. Not sure if "I am sorry" would be enough and free him from problems that might arise.
He still liable for this but investors can forgive him for coming out and giving back the money, we have so many developers that run away with bigger funds, we need to give the community a teeth to run after these kinds of developers, if we will not they will do it over again because they can get away and the community is soft on getting after these scammers, this is sad but true.
If this was a movie it would called "the return of the mark" or the "greatest come back" who inspired or however this decision was reversed is just divine. Not seen anything like this in crypto. I just like the fact this is a precedent to those that have scammed people. This is really good for crypto space.
What could have he thought when disappearing. Certainly the persons intention were not good. If he just disappeared without any communication or update. And why he is back after so much devastation in the price and reputation. He might have evaluated his chances and consequences and decided it's better to give up and return the money than to live a life in fear.
even if there's apologies I wonder if people still put their trust into sushiswap. I mean there's always reason behind the apology and to think that a man returns money that he has taken before is kinda fishy lol in my opinion.
I think this is the first exit scam attempt that went good in the ending Imagine he return the $14 million worth of Eth I'm sure he bothered by his conscience or maybe he just afraid to get bust and jailed but no matter what the reason of this sudden change I believe it brought a good omen to the SushiSwap price because it was on the rise again.
maybe someone trying to dox him or something similar? even after few days the apology from him appear SUSHI didnt get any better there's price bump but that's just very small. I think people already leaving this project. the volume still enormous tho.
If this was a movie it would called "the return of the mark" or the "greatest come back" who inspired or however this decision was reversed is just divine. Not seen anything like this in crypto. I just like the fact this is a precedent to those that have scammed people. This is really good for crypto space.
I think this happens because chef nomi identity has been leaked to public (whether it's real or fake), I'm sure if chef nomi identity is safe it looks like he won't return ethereum that he stole, but there is a bright side, it's just that I still doubt the ability of ftx exchange ceo because this sushiswap project now shifted to them.
I think this is the first exit scam attempt that went good in the ending Imagine he return the $14 million worth of Eth I'm sure he bothered by his conscience or maybe he just afraid to get bust and jailed but no matter what the reason of this sudden change I believe it brought a good omen to the SushiSwap price because it was on the rise again.
Exit scam canceled? He probably afraid of being put in jail for the rest of his life. Not sure if "I am sorry" would be enough and free him from problems that might arise.
Well, definitely he is, and probably lots of death threat in his private box. This news brings smile to me, and even though sorry isn't enough, at least he has guts to admit and apologize in public. I think the guy (sushiswap founder) isn't really that bad. And now that the Sushiswap have $14m funds in their stash, I so wanted to see this project to be successful. It would be great to see supposed to be scam project going legit and successful.
Maybe he realized he can't get out of his mess without being killed. Because who knows, he might be receiving real death threats because he screwed huge amount of money and there may be big names behind those funds? Though his action is very rare as most scammers disappeared into thin air.
By the way is Chef Nomi a Japanese? Because Japanese are known to ask forgiveness publicly and some of them commit harakiri if they can't bear it with their conscience what they've done.
whatever the case that be , him returning the amount is first of its kind and trending now. SushiSwap is trading in green as we speak.
Jump to: