SushiSwap founder returns money and ask for forgiveness 😢

[iTradeChips]

That is really odd and surprising to see that someone who scams people changed his ways and became afraid. I think he might be living in those countries with very harsh punishments for stealing money from other people, and that he chickened out and got very afraid. It is noble (somewhat) that he was able to ask forgiveness and did a refund of a large amount of money and he was able to do so without hesitation. Anyway we will see what will happen next.

[Jackl87]

Seems that the crypto scene is not all about making money the fastest way possible by any means possible, even scamming.
This is a really surprising turn of events and refreshing to see. The price of the token did react accordingly but not as much as i would have expected.
I'm curious how things will turn out.

[Baofeng]

Maybe he thought that he was really anonymous, but his not, he can be traced and exposed and could go to jail if guilty, and if they find him, he will be under treat, so it's more of a burden now. Better just return the money and live a normal life.

[kindbtc]

Greed can takeover even on the minds of the sanest people. I am glad that he has accepted his mistake.
I do not know the details but if he has returned the funds for project development that is incredible and i am sure investors will be happy about it.
This was really a terrible act and thousands of investors would have panic sold in that situation with big loss, I wonder how such people will be comoensated if things are back to normal now?

[Gumbo88]

That is the reason why sushi pump to 2.7, and one day in future he will take money again and go to mountain.

[sourish]

Maybe this is a glimpse of the positively changing face of cryptosphere, that starts with an apologetic accountability and concrete amends.

[cepot9]

I respect him, this is a big and bold decision. No one can do like this and if there were it might be just a few people. Believe me when we do bad things and become the talk of the whole world even though we hide behind fake identities, we will still feel insecure and uncomfortable while sleeping.

[Leonard2016]

He might have said that there are 2 scenarios :

1. He is really sorry and wants to make it up :
Then needs to work a lot to make it up because I don't think those people who came out with loss want to go there again and broken trust is like a melted chocolate.

2. He is planning for another rug :
Then He deserves every kind of swearing 

[jrrsparkles]

2. He is planning for another rug :
Then He deserves every kind of swearing 

Probably he is.

I don't remember such kind of forgiveness in the crypto market so it looks something shady or he really get caught in the tracing process so he is just pretending to live as a good human!

[btcltcdigger]

He was like: "wait a minute, we scammed them, and the price stil started increasing.... hold on hold on, instead of $14m i could have stolen $50m? guuuuuys, mea culpa, i promise i'll be good"

[lifeinmountain]

Trust is gained by so much efforts and its easily destroy with your one wrong decision and this will also happen with sushi. And they never gained that trust from investors. I don't think to invest in sushi again due to trust issue.

[niksdt101]

Exit scam canceled? He probably afraid of being put in jail for the rest of his life. Not sure if "I am sorry" would be enough and free him from problems that might arise.

Well, definitely he is, and probably lots of death threat in his private box.  This news brings smile to me, and even though sorry isn't enough, at least he has guts to admit and apologize in public.  I think the guy (sushiswap founder) isn't really that  bad.  And now that the Sushiswap have $14m funds in their stash, I so wanted to see this project to be successful. It would be great to see  supposed to be scam project going legit and successful.

Maybe he realized he can't get out of his mess without being killed. Because who knows, he might be receiving real death threats because he screwed huge amount of money and there may be big names behind those funds? Though his action is very rare as most scammers disappeared into thin air.

By the way is Chef Nomi a Japanese? Because Japanese are known to ask forgiveness publicly and some of them commit harakiri if they can't bear it with their conscience what they've done.

whatever the case that be , him returning the amount is first of its kind and trending now. SushiSwap is trading in green as we speak.

[masterrex]

I think this is the first exit scam attempt that went good in the ending Imagine he return the $14 million worth of Eth I'm sure he bothered by his conscience or maybe he just afraid to get bust and jailed but no matter what the reason of this sudden change I believe it brought a good omen to the SushiSwap price because it was on the rise again.

[wmaurik]

I think this happens because chef nomi identity has been leaked to public (whether it's real or fake), I'm sure if chef nomi identity is safe it looks like he won't return ethereum that he stole, but there is a bright side, it's just that I still doubt the ability of ftx exchange ceo because this sushiswap project now shifted to them.

[@baoli]

If this was a movie it would called "the return of the mark" or the  "greatest come back" who inspired or however this decision was reversed is just divine. Not seen anything like this in crypto. I just like the fact this is a precedent to those that have scammed people. This is really good for crypto space.

[poodle63]

even if there's apologies I wonder if people still put their trust into sushiswap. I mean there's always reason behind the apology and to think that a man returns money that he has taken before is kinda fishy lol in my opinion.

I think this is the first exit scam attempt that went good in the ending Imagine he return the $14 million worth of Eth I'm sure he bothered by his conscience or maybe he just afraid to get bust and jailed but no matter what the reason of this sudden change I believe it brought a good omen to the SushiSwap price because it was on the rise again.

maybe someone trying to dox him or something similar? even after few days the apology from him appear SUSHI didnt get any better there's price bump but that's just very small. I think people already leaving this project. the volume still enormous tho.

[Tipstar]

If this was a movie it would called "the return of the mark" or the  "greatest come back" who inspired or however this decision was reversed is just divine. Not seen anything like this in crypto. I just like the fact this is a precedent to those that have scammed people. This is really good for crypto space.

What could have he thought when disappearing. Certainly the persons intention were not good. If he just disappeared without any communication or update. And why he is back after so much devastation in the price and reputation. He might have evaluated his chances and consequences and decided it's better to give up and return the money than to live a life in fear.

[coin-investor]

Exit scam canceled? He probably afraid of being put in jail for the rest of his life. Not sure if "I am sorry" would be enough and free him from problems that might arise.

He still liable for this but investors can forgive him for coming out and giving back the money, we have so many developers that run away with bigger funds, we need to give the community a teeth to run after these kinds of developers, if we will not they will do it over again because they can get away and the community is soft on getting after these scammers, this is sad but true.

[gabbie2010]

Well, he did  a a nice job to return the funds. it shows that he has much trust and faith in his project. he really want to see his project succeed and he needs to lead by example. i think it was a nice decision by the chef. people will believe in him and support him whenever he calls for assistance from the sushi community. NO wonder the token made turn around.

He did well by refunding those monies afterall there are some of fraudulent ones that had absconded with people funds without any trace at least he came out openly to apologizes for his misdeed and mistakes this will bring some credibility and trust in the token no wonder the token had made some pumping this will likely encourage more investors into the project and more buyers will invest in the token.

[noorammak]

No one will forgive Nomichef's actions as he drastically reduced the market. As a result, the traders lost a large amount of money. His 14 million returned to everyone also could not resolve the situation because everyone had lost money, which is undeniable, the derivatives traders on Binance were even worse because of the high leverage.
There are several allegations that Nomichef was involved in the Band Protocol project and people thought his fear of being sued was the driving force behind him to seek forgiveness from the community.
Follow the link below:
https://twitter.com/burn_the_state/status/1302706414947725312

https://twitter.com/AdamScochran/status/1302816971591946241