Leicester On The (not)SAFUU(?) Certik Fiasco

2 years ago
52

It was brought to our attention - the only reason we're covering it now.

It's what we called out when we covered #SAFUU initially where people didn't listen and instead just listened to the car salesman.

Nothing CertiK said was wrong - Car Salesman himself admitted he was part of those #crypto projects and ultimately, had a part to play in their failure (aka #rugpull).

Problem for him: he didn't understand what true KYC is - it's also background digging. And as we said, he has a history, a very bad history, which doesn't reflect on him positively for this project.

So, he'll have to go it alone, without audits, because with his rep there's no credible audit firm that will support him.

BTW - this is also why we don't rate RugDoc. Because they may have taken money to give him a pass OR they were incompetent in their digging.

Regardless: CertiK is one of the best in the business, period. The only other one with credibility is Dessert Finance - so if Car Salesman thinks it's a hitjob, go for Dessert's KYC and audit and see what they come up with.

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