Investors set to file class action lawsuit against SushiSwap founder

Several investors in the DeFi project SushiSwap are planning to file a class action lawsuit against its anonymous creator, Chef Nomi. This was announced by the CEO of the FTX exchange Sam Bankman-Fried in an interview with Forbes.

The community was frustrated by the recent sale of half of the SushiSwap developer fund. The main developer put the coins on the air, which provoked a sharp decline in the market value of the coin – from $11 to $2.35.

Later, Chef Nomi handed over control of the protocol to the CEO of FTX. This caused a rebound in the rate to $3. Many project participants demand that the founder of SushiSwap buy back the tokens and transfer them to the developer fund.

FTX CEO Sam Bankman-Fried said that Chef Nomi’s transfer of control of SushiSwap came as a complete surprise to him.

He said that he has not yet selected the multisignature holders to manage the protocol. The selection takes place on Twitter, after which the nominations will be put to a general vote among the SUSHI holders.

Amid these events, the crypto community criticized Binance for listing SUSHI. In response, CEO Changpeng Zhao said that the exchange is always committed to supporting innovation, and investing in any coin is always risky.

Earlier native tokens of SushiSwap “meme clones” fell to zero.

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