Wassielawyer, a password celebrity and mentor, warned that DebtDAO's FTX customer debt (FUD) debt token violated securities law.
Fake DebtDAO Group announced last Saturday that it would issue stock tokens FTX customer bonds (FUD) on behalf of FTX debtors.
On Sunday, Justin Sun's password trading center Huobi listed FUD tokens that claim to benefit the password market.
Wassielawyer, a password hazard officer and lawyer, warned the password community on Twitter that the FTX client's debt (FUD) token listed by Huobi violated securities law. He calls such tokens "asset securitization junk debt" that probably does not exist, which is a risk for retail investors.
"therefore, it is obvious that Firecoin has enumerated tokens for this kind of 'FTX debt'. For God's sake, this is not even a debt token, but a form of asset securitization. This is an awkward idea in many ways. In addition, not all debt is fair and replaceable.
Under the leadership of the new CEO Robert Ray III, FTX tried to return assets to debtors by selling FTX property, Japanese and European branches, and other forms of cash, so that FTX could quickly resume the business process.
But DebtDAO, founded by prominent professionals in the debt sales market, said on Saturday that it aims to improve password market debt and help debtors regain control and assets.
On the same day, DebtDAO announced the issuance of stock tokens FTX customer bonds (FUD) on behalf of FTX debtors. It originally supplies and delivers 20 million tokens, and each FUD token is worth $1.
On Sunday, Justin Sun encouraged Huobi Global to list FUD tokens, causing dissent in the password sales market. Justin Sun, founder of TRON, also promoted the sale and even identified FTX's official Twitter account. This article reads:
"Firewall has been listed around the world.Customer debt token (FUD). Such debt tokens represent the greatest quality of FTX debt property and will enable everyone in the world to benefit. "
Monday, PeckShieldAlertA counterfeit banknote was detected$FUD(FTX customer debt) distributed by fraudstersFalling Fire Wall Trading Center. Fraudsters fake Firewall Trading Center to raise working capital and push millions.$FUD tokenToJustin Sun. After thatJustin Sun prompts the community that initially FUD tokens can only be used on the TRON block chain, not on the Ethernet.
Interestingly, Wassielawyer and other harmful passwords are revealed by people, the most primitive@ debt IslandIn fact, it is not behind this kind of token.@ debtdaoio. Therefore, the FUD token is not inexplicably determined by Herbie to be listed as a reasonable and legitimate debt token..
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