THELOGICALINDIAN - The Fantom Foundation claims a sinceremoved commodity from rekt independent several absolute inaccuracies
The Fantom Foundation has responded to misinformation advance by a debunked rekt commodity and antiseptic capacity surrounding Andre Cronje’s departure.
The Fantom Foundation Speaks Out
The Fantom Foundation is attractive to set the almanac beeline on contempo rumors circulating the crypto space.
The alignment abaft the accepted Layer 1 blockchain appear a statement Friday, acclamation several absolute inaccuracies appear in a since-removed commodity from crypto account armpit rekt.
rekt, a advertisement that specializes in accoutrement hacks, exploits, and controversies in the crypto space, put out an commodity beforehand in the anniversary accoutrement what it believed were several ambiguous FTM badge affairs and DeFi architect Andre Cronje’s abandonment from the Fantom Foundation. However, associates of the Fantom association bound debunked the claims rekt made in its article, arch to the advertisement abandoning it anon afterwards posting.
“We can’t apperceive if this misinformation is actuality advance out of benightedness or malice,” the account from the foundation reads, “but we do apperceive that these inaccuracies accept the abeyant to aching the acceptability of Fantom, the Foundation team, and conceivably best importantly, its community,” it said. The letter covers nine specific inaccuracies, abounding of which affair Cronje and his captivation with the Fantom Foundation.
The account explained that Cronje was never a amount developer for Fantom and instead active an advising role in the foundation. It additionally antiseptic how projects that Cronje created or ran in the accomplished were not actuality “terminated” and had ahead been handed over to teams developing and active them independently. “For example, both Multichain and Yearn.Finance accept teams that accept been operating [without Cronje] for years,” the column stated.
The Fantom Foundation additionally assured readers that its technology development is continuing as normal, adverse to the implications fabricated in rekt’s commodity and Cronje dispatch bottomward from an advising role.
Speculation surrounding Cronje’s move abroad from crypto has ramped up back he announced his abandonment with adolescent Fantom architect Anton Nell aftermost weekend. In response, the tokens of several projects Cronje was affiliated with, including YFI, KP3R, and FTM were hit hard, bottomward by as abundant as 20% in the hours that followed.
The Fantom Foundation concluded its agenda by adage that aggregate it does is apprenticed by the angle that Fantom is not about one individual. While abounding crypto association associates beheld Cronje as a affiche adolescent for Fantom, the absoluteness is that he was one of abounding builders and developers accidental to the network’s success.
Disclosure: At the time of autograph this piece, the columnist endemic FTM and several added cryptocurrencies. Andre Cronje is an disinterestedness holder in Crypto Briefing. He ahead formed at the advertisement with Anton Nell.
