SushiSwap founder returns money and ask for forgiveness 😢

[grizmoblust]

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.

However, that has not been able to make Sushi rise again because the current situation is different and it seems everyone here has left this coin a few days ago. However, if you are a big investor, you should only choose day trading and sell when it is profitable because this will help you ensure a good return. I think investing in this coin has been risky until now and should be looking for another better coin.

[optimisticcm]

I do not believe that can happen but if it is true that will be great, usually no one gives back the money they cashout looks like the owner has realized his mistake or he may be threatened by someone or he could have felt scared due to any legal action against him whatever the reason if it is good for the project we should support it.

[Wildwest]

Not everyone can do the same, because admitting mistakes is a very difficult thing for us to do especially when it comes to money, and I salute what sushiSwap's founder has done and this is very good because he is aware of the mistakes made so far and it is very detrimental to others, for other scammers can hopefully be a guideline.

[20kevin20]

If he had no bad intentions, even if he's been under fire for selling all his coins, he wouldn't have cared the same way Charlie Lee didn't when he sold his. Why would he care that if that's simply something he wanted to do and felt wasn't wrong, right?

This man's reputation shouldn't recover imo. If nobody gave a damn and everyone accepted the idea that he exit scammed, he wouldn't have returned his bucks. This seems like he realized there's no way he could escape through an exit scam with $14M (or the risk is too high) so he gave up and tried to recover from his mistakes.

[Princejebs]

His greed fail him, he would have gain more from sushi in the long run but he might have thought selling his share and cashout was the best decision. Happy for him that he got back unto his senses.
But I still think the damage has been done. Once bitten, twice shy, many has move on and will not come back to the project.

[Killrbit]

I think this guy has redeemed his image, to be sincere not everyone can afford to do what he did, $14 million is a huge money to refund because this is life changing money, for him to come and admit he is wrong to me is a great feat, I just hope the community will welcome him backa nd let the buy-gone be buy-gone. Now the project can move forward

I wouldn't agree with this. It seems more likely that he realized there was good chance of getting Doxxed and caught by the authorities or even worse getting caught by perhaps some unsavory investors who could perhaps do far worse things to him( not just in sushi But In DEfi in general since his Exit scam attempt started a cascade of more exit scams /rug pulls and collapse in prices of most Defi coins which many would argue was unsustainable).

Also as far as returning the 14 million who is to say that he has Not shorted his own coin before new broke of his exit scam and repurchased or longed it again before he "asked for forgiveness" essentially front running the entire market. This along with the whole transfer of Keys to FTX just seems extremely suspicious to put it gently.

All this of course also does nothing for traders who may have been liquidated both times as a result of his decision. ( still expecting many official complaints to be lodged against him)

I just don't see how anyone can let by bygones be bygones here.

[distr@yopmail.com]

I'm sure he just wants to recover his good name. but that will not mean the morning of those who have seen what he has done in the market. This issue will be hard for the market to accept, but the sushi asset is now being considered for release on several exchanges. it happened when so many people were trapped. and now we will wait for how the market will respond to this.

[Pamadar]

I'm sure he just wants to recover his good name. but that will not mean the morning of those who have seen what he has done in the market.

He already make the damages for sure it won't be easy for those who got involved and lose their money from this project, even he's trying to catch up and return the money the damage has been done.

This issue will be hard for the market to accept, but the sushi asset is now being considered for release on several exchanges.

There's still chances that traders will join the ride, people who knows how to play well with this kind of trends, they are willing to take part and risk their money.

it happened when so many people were trapped. and now we will wait for how the market will respond to this.

Indeed, it will be depends from how the market will respond to this action that the dev made. If there are more investors who will buy this and show back interest with sushi then expect something decent.

[XCANA]

Even though the damage has been done I think they could still continue to work on it and make it better project in the future.
At least this founder knows how to return their investors money not just another hit and run project that would run away with all their investors money.

Although the damage has been done by the former CEO but am happy to see a potential exit scam project doing a good restructuring of it leadership. He portrayed good elements of trust in my opinion as he returned all the money stollen from investors back to them, this is strange in the world of cryptocurrency, though not justify his actions. The new project CEO has a good reputation which is enough to transform the project to it enviable position among it equals to stay at the top.

[electronicash]

Even though the damage has been done I think they could still continue to work on it and make it better project in the future.
At least this founder knows how to return their investors money not just another hit and run project that would run away with all their investors money.

Although the damage has been done by the former CEO but am happy to see a potential exit scam project doing a good restructuring of it leadership. He portrayed good elements of trust in my opinion as he returned all the money stollen from investors back to them, this is strange in the world of cryptocurrency, though not justify his actions. The new project CEO has a good reputation which is enough to transform the project to it enviable position among it equals to stay at the top.

still going to be hard to earn the trust once again. even if he will return them all back, the disappointment of the users disgust to sushi project. i can't even eat my sushi tuna anymore lol it reminds me of the project every time i see a sushi on the table.

he realized too late that what he did was terrible. he could really make a lot more money than what he got right now if he just stick to the roadmap. now that CZ had tweeted about them scaming, its hard to take it out of our mind already.

[tabas]

He has redeemed himself through surrendering the money. And now, it's time for those people that he has bothered and caused the ruckus to give him the pardon and forgiveness.
It's all up to them.

[xOdiumNostrumx]

Ahaha, now he should buy Sushi tokens back and double his previous holdings (I am speculating, I am not aware at which price he sold them, but I am pretty sure he sold them higher than the current price is). Its kinda humorous tho, maybe the Litecoin guy is next, but I would not hold my breath.

[Bezobraznike]

Ahaha, now he should buy Sushi tokens back and double his previous holdings (I am speculating, I am not aware at which price he sold them, but I am pretty sure he sold them higher than the current price is). Its kinda humorous tho, maybe the Litecoin guy is next, but I would not hold my breath.

   xOdiumNostrumx if you think about Charlie Lie as the Litecoin guy he sold his Litecoins long ago, and he said he will continue
to work on the development. He didn't want to get in conflict of interest, he sold all his coins at the top in 2017, I believe the
price was around $300, we can check that information.
   I saw a lot of talking on the Twitter about this guy who sold his Sushi tokens for +$7 millions. I saw his tweets where he is
trying to explain himself. I don't have Sushi tokens, and I will hold myself with investments in this token after his move. My
trust is shaken, and most people feels the same.

[wanted sliter]

He's trying to make amends for what he did to the community, but maybe not very effective. There are a lot of people who have lost money on this project and they won't leave him alone. His lost trust cannot be recovered so easily, even though he apologizes 1000 times, they still hate him. The most selfish developer I have ever known, he brought his project out to the community, and then he took profits and announced that the project was still growing.

[r32godzilla]

Get out of it! If he was able to do that, he will be able to do that in the future right? The creator of SushiSwap is completely anonymous, so we can´t trust his words. He probably did the worst thing, stealing money and now giving it back? Doesn´t make sense at all, he will not get the credibility back.

[landoffaucets]

He just wanted to make Sushi Swap more decentralized, right?  Even he run with the money, project is still alive and it is still traded on the biggest exchanges - Binance, Huobi and Gate.io. That would mean that no one cares when CEO run with tens of millions of dollars? 

[zeingrind777]

If only more people had that attitude.

For most people saying sorry is the most difficult thing in the world.

Even if he now makes much less money from it it will be clean and honestly earned money.

He say sorry for fear of going to jail. I think it's better to apologize than anything. Everyone has mistakes, but not everyone dares to apologize. And what is more important is that he dared to return the funds amounting to 14 million dollars and that is a very large amount.

[Krislaw]

He's trying to regain his reputation and i think it's a smart move knowing that you might get into jail after running with the money of the investors, but I don't think that would be enough to appease the people he scammed by just returning the money, but i guess it's still a good thing that he returned it, many people would run because of it.

[AmoreJaz]

If only more people had that attitude.

For most people saying sorry is the most difficult thing in the world.

Even if he now makes much less money from it it will be clean and honestly earned money.

He say sorry for fear of going to jail. I think it's better to apologize than anything. Everyone has mistakes, but not everyone dares to apologize. And what is more important is that he dared to return the funds amounting to 14 million dollars and that is a very large amount.

if only half of those devs (ICO scammers) had done the same act as with this sushiswap founder, ICO investors had been very lucky. not many people can admit their mistakes publicly. though he may be thinking of evading jail time but still most scammers will just disappear and will do other things to avoid conviction.
 now i remember again the now defunct Quadriga crypto exchange and the strange death of its CEO...

[Bitstar_coin]

He took a huge step by returning the stolen funds unlike other devs will disappear without a trace, that is a commendable act, but to me, I think it will be difficult for me to trust him again because of the incident, he will really have to work hard to regain my trust, although he did a great job acknowledging his mistakes and ready to make amends.