This example is not enough; let me provide a more realistic one that happened right around us.

A certain project that was listed on Binance had many large investors participating to provide TVL. The project itself and the large investors had communicated well, and the large investors were to receive airdrops in batches to ensure that there wouldn't be too much pressure on the market. At that time, all the large investors contacted agreed. I forgot to mention that the project team is Chinese but has been living in the United States for a long time.

A few days before the project went live, a well-known figure in the crypto space insisted that the project team must give all the airdrops at once, opposing the project team's suggestion. This figure had previously agreed but changed their mind before the token launch. The project team still wanted to negotiate, but the figure directly threatened their personal safety.

That night, the project team flew over from the United States, hoping to mediate with the figure, but they were slapped in the face on the spot. They then scrambled to gather the airdrop for the figure, who dumped the tokens as soon as they were available. As a result, the project has been struggling ever since. I know this figure has done this twice.

The second time was with a project that, although it was not listed on Binance, received investment from Binance. After all, it was listed on Upbit. The terms were agreed upon before the token launch, but after the launch, the figure insisted on having all the tokens in hand, threatening personal safety if not provided. In the end, they complied and the figure dumped the tokens again.

When I learned about this, I was still questioning why they didn't report it to the police. Later, I realized that the first case had no jurisdiction, and the second case involved a figure who could truly follow through on their threats.

This can be seen as a story, but I am not the only one who knows about it. Don't be too naive.

This tweet is sponsored by @ApeXProtocolCN | Dex With ApeX

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