Here's a stopthecoverup performance:
I have been part of NEM for a long time. This is an emergency so I am speaking out. Everything here is documented in emails and text logs, which others can leak if they see fit.
Lon Wong was the NEM Foundacion president for 2017-2018. He suddenly “stepped down” in April 2018. In reality Lon was forced out because he was caught putting NEM resources and employees to his own company, ProximaX. In other words, stealing. And abusing the trust placed in him to act in the best interests of NEM. In fact, ProximaX is a fork and can be seen as a competitor to NEM and would likely step in to take NEM’s place if NEM did poorly. This was all covered up.
Kristof Vanderek took over as interim president until the end of 2018, when NEM community planned to elect a new president and council members.
Now the election is happening. This is the first time using this election rules and they were discovered to have major flaws in allowing fake voters. In the middle of 2018 the staff saw that hundreds of people (in one certain country) who were not involved in NEM had been signed up to vote. Kristof needs to release this information. Which country was that?
Lon’s lifetime friend Stephen Chia is the regional head of NEM Southeast Asia. Stephen is on the NEM Foundacion council. Stephen owns a large stake in ProximaX in his public accounts, and may own a lot more privately. Stephen stands to profit if ProximaX over take NEM’s business.
Stephen is now running for president of NEM, and Lon has promoted his campaign.
Kristof asked the council to change the voting rules to a more fair system. Stephen (and Nelson Valero) are thought to have blocked it and will not answer questions if they did. Kristof said the council worked on this since June and have kept hitting road blocks. Time was running out so the council compromised with a system that required a 50 USD fee as a spam prevention to stop people from signing up if they were not willing to put their own money into the success of the election.
Nelson was caught paying his own funds to other peoples voting accounts, against the purpose of the fee. Many other voting accounts were funded from a ProximaX account. It is estimated that there only 300 voting accounts and about 80 of them were paid for by ProximaX and its interests. These are NOT people who were involved in the NEM community, forums, development, or investing. Here is evidence.
https://coggle.it/diagram/W-s6LTnK8iR79jfC/t/ndbrufe7r5oanede43vctmuvrhti6xz7tqfvntmu/be8d7b37ddc4e1bb7a8c3a4c9d6549ad1c0a389e9a9c2cdcea240ebb426a1302 26
Nelson has been asked directly by the community if he is taking money or working for ProximaX and has not yet answered direct questions. Is he acting as their employee? (Almost certainly yes.)
In the last 24 hours the council took a vote to switch the elections to POI voting, which is how all previous voting have been done. All other council voted yes but Stephen and Nelson blocked it.
The council wants to review and possibly remove some election voting accounts which cheated the spam prevention. Stephen and Nelson seem to trying to block this.
The reasonable conclusion is that Stephen and possibly Nelson are profiting from ProximaX, and seeking to cheat the election by blocking POI or other fair voting and paying non-community members to register. With their 80+ accounts they can win president, vice president, and stack the entire council with ProximaX people, against the community and NEM employees. They can massively divert NEM funds into ProximaX, or just crash NEM and ProximaX would rise in importance as NEM falls.
The other council members and the community must stop covering up this.
COUNCIL come in the open about why Lon was forced to step down.
COUNCIL, look at the NEM rules, laws, and constitution for malfeasance or conflict of interest. There are rules about acting against the interest of NEM.
ProximaX has been shown to have improperly taken NEM resources. (Lon was running ProximaX when he stole.) If Nelson and/or Steven was taking money or being an employee from a company that is known to have stolen from NEM, that is council member malfeasance and conflict of interest. Stephen clearly has a conflict of interest as a ProximaX stake holder AND as a candidate. One or both of their conflicted council votes must be removed or recused and a new fair POI council vote should happen.
Community members, if you agree, please let the council members know. Core developers, we need you to contact the council to tell them they are obligated to remove malfeasance.
I invite any one to dispute any thing here and see if the emails and document leaks come out to prove it.
STEPHEN MUST RECUSE FROM COUNCIL VOTE!
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