Wonderland $TIME treasurer Sifu has done something very questionable and many frogs apart of the Wonderland $TIME community have been up in arms and raising an eyebrow. He used treasury funds to prevent himself from being liquidated but did he do it with malicious intent or was he trying to prevent EXACTLY the situation that happened with the massive cascading liquidations? Again please make your own assumptions and decisions. I still do believe in Daniele Sesta and the entire Wonderland $TIME ecosystem. Let’s see what happens next.
WeVsThem: https://discord.gg/wethem
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In this episode
– Wonderland $TIME sifu actions
– Diving deep into the on-chain data
– Discussing Sifu if it was malicious or not
– Join we-them discord to talk about this more later on tonight
source
Let me know your thoughts and opinions later tonight in discord! See you all there. Love you all!
LOL Sifu (Michael Patryn aka Omar Dhanani) turns out to be a king felon who ran the Canadian scam crypto exchange Quadrigacx and changes his name/gets plastic surgery to contiune scams. Can't make this up – Cryptoland has never ending scams.
The problem is. Even if it was for a “good” reason. It was greedy. It's not a good look. And it's ungraceful. Just repay your position like everyone else.
Sesta is a con man who built a cult. TIME at $520 right now and dumping …. Forget the lambo, "wen wake-up call"?
Sketchy AF
Sketchy… Hard to keep faith with this and being down over 60% so far
I will forever be indebted to you you've changed my whole life continue to preach about your name for the world to hear you've saved me from a huge financial debt with just little investment, thanks so much Mrs. Katie Stein
Who really want to bring down the price. Some whales intentionally doing it. May be some other crypto owners.
my memo balance reads 0 i dont why
that's not even true that he used the treasury money to prevent him from being liquidated 😉 you talking shite mate. there is an explanation online for what he was doing.
What’s frustrating with this whole project, is if they just stuck to the white paper with Time and Memo and the minting process and worked in the background to make Wonderland a protocol to build on, we ‘could’ have been in a significantly better position than now. This is just one more thing adding to the introduction of WMemo which will sadly leave this project dead in the water. This is borderline scamming or a partial rug-pull. The WMemo to Memo exchange rate to account for the rebase is a farce too… people have lost significant sums of money because of the questionable decisions of these creators. Personally I’m out, luckily I didn’t stump up much in the first place, Im not selling but certainly won’t be placing any further funds with these guys. Steer clear for any newbies !!
I bet you guys never heard of Titano Finance
Its a scam so obvious its a scam.
Is it wrong to just keep holding?
Dodgy fuckers – no the first shady thing they’ve done
I hate Proving the Point that its viewable onchain… SIFU KNOW THIS OBVIOUSLY! STOP THINKING ABOUT THIS EVENT, THAT HE FKED UP HIS OWN SALARY!!!!!
Never heard of salary? HE CAN DO WHATEVER HE WANT WITH HIS OWN MONEY /SALARY!
Would Sifu have explained this action if nobody noticed the transactions on the blockchain? We'll never know, but transparency goes further when it's practiced prior to "being caught"
Treasury funds blended with staff compensation… I'm out!!
That’s not true man. Haha get your facts straight. He did not because the multi dig would never approve that. There is a story posted by frog man himself that it’s not true
I want to run this idea by you guys. What if we collectively start a movement to get people to spam influencers (such as GaryVee) comment section, DMs, Twitter etc. asking them to talk about Time Wonderland publicly?
It’s a long shot but I think we can collectively help TIME and it’s founders.
Sifu should not by be fucking leveraging. He should never be in a position to get liquidated
Certain conversations are being deleted on reddit for speaking up about this and ppl are being banned from discord for the same.
This seems almost as bad as what happened to $JADE.
Has anyone else had issues with their balances not being credited after each rebase post wrapping memo?
Bruh he could have easily made an announcement right after he did it to clarify it. I see not doing it before as somebody might sell into his buying but he should have done it soon as the transaction was complete.
The big Illuvium game has a security of 2 lei. The sILV rewards pool has been hacked and millions of rewards have been stolen. Now Ceo wants to compensate only a small part of the damaged ones!
If it sounds too good to be true, it usually is
Everything is transparent I don't think so that sifu doesn't know anything about it because In past we all see sifu progress in the system
I don't think so that gonna do anything thing stupid when wonderland is on its peak and are the largest dao I mean common sense
Why are they even leveraging up on memo? Extremely unprofessional and stupid work on building not levering up your position.
The worst part is that everyone who stayed in has lost atleast 50% of their investment. No choice but to stay in to see if it comes back.
Good job! Thanks
If this is true, and it was done as a fraud, and it gets investigated, and if the guy gets consequences, it is bullish for the project. Otherwise it is over for Wonderland.