/biz/ - Business & Finance

>>18919921
>>18920783
Ok, so let me get this straight.
This massive pump (back to ICO prices)
has been manufactured so that the team can cash their remaining stash of 38 million LITION or 3.8 million USD on top of our heads.
The team of about 20 people have been working for 2 years towards this very point, this great exit dump so they can cash in 3.8 million USD.

They've given the CTO of SAP a part of the rewards of the scheme of course and then the rest they will divide among themselves.
So what do you think it costs to bribe a CTO that earns 720k per year and has a total compensation of 11 Million in a multi-year compensation plan lined up for him?
How highly do you think he values his reputation?

How much is left to divide to the team itself? I'm sure Richard would like to get a bit more benefits out of it than what he could make at a /comfy/ office job. He left a pretty good job actually where he probably also made around 100-200k. If he doesnt get a multiple of the 300k that he would have made these 2 years anyway, why would he do this?

Same with Kyung.
Same with the 15 other people mentioned in the whitepaper (although 200k might be enough of a reward for them to do this).

This isn't a scam. If it was, they would be a bit more reluctant to burn tokens, they would just openly give themselves 30% of the supply like chainlink did and they would pump it a lot higher first, hype it and focus on exchange listings instead of on project building before they would start to dump. This FUD is so retarded.