The newly appointed CEO of SushiSwap Jared Grey has been accused of scamming and other crimes. The allegation against Grey includes stealing the assets of his own users, copyright infringements, and sexually assaulting a horse.
Upon the news, Sushi has seen a 12% price drop at the time of writing. Grey was appointed earlier this month and is under fire for stealing funds from the crypto community in 2019 from a project called ALQO.
As per the accusation, he introduced the wallet for ALQO called Liberio which was used to steal 70% of the total supply. In 2020, he was allegedly relabeled ALQO to EONS and moved from its own chain to Ethereum to cover the tracks. Other than that, he has been accused of charging fees for an exchange ‘Bitfineon’ that was never launched.
After the news became viral among the crypto community, Jared Grey tweeted defending himself against all the allegations by saying, “the accusations towards me are 100% untrue.”
He also emphasized that his business partner is the one who stole the funds in 2019 while he was working on raising funds for his Bitfineon exchange. Citing a medium post that covered this news, the real scammer Kevin Collmer was fired from the project back then and affected users were refunded.
Other allegations are a little more bizarre. He has been accused of sexually assaulting a horse though no evidence was provided. However, this surely flooded Twitter with equestrian memes.