SushiSwap Head Indicates Launching of Stable Pools Amid Scam Allegation
- Jared Grey of SushiSwap responded to crypto critic Cobie’s remark on SushiSwap’s new stablecoin.
- Earlier Cobie tweeted that there was viral marketing for the new Sushi Stable Coin.
- Grey replied that the stable pools are coming this week.
Jared Grey, the new Head Chef at SushiSwap gave a hint that stable pools are coming this week on the DEX platform. Specifically, this was in response to crypto critic and analyst Cobie’s tweet that Sushi Stable Coin was simply creating viral marketing strategies and that the crypto enthusiasts “fell for it.”
Earlier today, Grey remarked: “It is true; stable pools are coming this week.”
It’s true; stable pools are coming this week @SushiSwap. https://t.co/8zxNWM4tvy
— Jared Grey (@jaredgrey) October 10, 2022
For context, the Twitter conversation arose in the wake of the allegation that Grey is a notorious scammer and there are speculations around the new stablecoin of SushiSwap.
DeFi enthusiast YannickCrypto took to Twitter and wrote about some past fraudulent activities reportedly carried out by Grey.
The SushiSwap head had allegedly stolen funds from the crypto community of a project named ALQO, back in 2019. To elaborate, critics say that the newly elected leader introduced a wallet called Liberio, with which he reportedly stole 70% of the “total supply” of the hybrid crypto.
In 2019 the year i met him the first time he became the CEO of ALQO (why he removed all tracks from his socialmedia to ALQO?).Shortly later he introduced the Web Wallet for ALQO that was used to steal 70% of the TOTAL SUPPLY of the users of ALQO.https://t.co/1cr3pPJIZW
— yannickcrypto.eth (@YannickCrypto) October 10, 2022
Notably, several other allegations were raised against Grey. In 2020, he apparently relabeled ALQO to EONS and moved from its chain to an Ethereum-based chain to hide the evidence. Adding on, the head chef was alleged to have been charging listing fees for a never-launched crypto exchange Bitfineon.
Furthermore, in 2012, Grey is suspected to have scammed several investors and made many copyright infringements through his company “MultiPlex.PC”.
However, Grey tweeted in a series of posts that all the accusations against him were “100% untrue. He stressed that his business partner stole funds from their community while he was occupied raising funds for Bitfineon.
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