Most crypto communities including Do Kwon have reacted to the usual offer by renowned Terra informant and whistleblower Fatman.
Fatman took to handle to promise “leftover” yields to users. Terra’s Do Kwon appears to be among those calling Fatman’s offer a scam.
Fatman stated:
“Received access to a high-yield BTC farm based on a private carry trade operated by an up-and-coming fund. I’ve maxed out what I could, so there’s some leftover allocation, and I thought I’d pass it along – priority will be given to UST victims. DM for more details if interested.”
Despite that Fatman has set up a condition of public disclosure, the crypto industry is still sceptical about the proposal as many of them like Degen Spartan, quoted the tweet with an obvious mockery, expressing disbelief.
Another handle asked Fatman if maybe he was hacked, Fatman replied: “Not hacked; it’s me. It’s a genuine opportunity from a fund that I’m glad to be able to share with people on Twitter, but the available allocation is fairly low Also, when I close it in a day or so, I’ll make sure to publish all of the numbers, so everything is above board.”
“illegal & u are selling securities, which without proper license, is a crime. After doing Kwon and everything that’s happened, this seems the shadiest shit I have seen! Bad judgment bare minimum.” Dr Crypto Tonay stated.
Fatman replied: “It’s not a security.”
Although, the community reacted to Do Kwon’s comment on the Fatman’s offers as he commented on the Degan Spartan’s comment. The community said that the Do Kwon is not in the right position to call someone a scam
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‘I am an optimist at heart, but even I can’t remain open-minded about a “leftover allocation” for a “carry trade on bitcoin,”
Notwithstanding, Fatman still reiterated that he is the one behind the tweet despite various questions from the users saying the account might be hacked.
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It is worth noting that the Fatman surfaced during the May Terra collapse and has severally mounted accusations against Terra as a result. He once stated that Do Kwon of entering a deal with Jump to manipulate the markets. He also mentioned that Terra might not disburse the promised refund to the UST collapse victims.
[…] Read Also: Most Crypto communities Including Do Kwon Are Sceptical About Fatman’s Offer For UST Victim […]