- collected bitcoin for the pre mine sale and kept 76.5% of the bitcoin for themselves and almost all the rest for “communications, community outreach, and research” (sounds pretty centralized)
- have drastically changed the monetary policy from the beginning
- paid themselves 25-50% interest on loans they made to the project
- had no mechanism to enforce the 12.5% of total supply purchase limit during the premine (Al of the eth could’ve literally been bought by 1 person or 1 group with multiple addresses)
Read “Out of the Ether” if your still not convinced, the more you know the worse it is. Honestly. I wouldn’t touch that shit (ever again, I used to own some 🤢)
