TechFlow news — On March 11, rekt responded to its previous article claiming that Fantom appeared to be a centralized money-making scheme. The platform apologized to all readers and affected protocols, and has removed the article.
In the earlier article, rekt claimed that a single address allegedly controlled by the Fantom Foundation had indirectly sent approximately 750 million FTM to Binance addresses over the past five months. It also stated that the 60 million FTM allocated for incentive programs was not managed by a multi-sig address, highlighted apparent risks with fUSD, and provided specific on-chain analysis. Based on these findings, the article concluded that Fantom resembled a centralized profit-generating operation. However, after publication, multiple KOLs confirmed the article lacked proper research, with most claims being demonstrably false.
