Jared Grey, the recently appointed head chef of the decentralized crypto exchange SushiSwap, was accused of multiple scams and copyright infringement. The allegations were published by Twitter user “YannickCrypto”, who accused Grey of being a “scammer and a con artist”.
According to YannickCrypto, Grey’s alleged illicit actions date back to 2012 when the now-head chef supposedly scammed users with his “MultiPlex PC” company. The allegations also mentioned that Grey was the CEO ALQO and stole 70% of the total supply via the protocols web wallet solution.
Back in 2012 Jared Grey scammed some people and made several time copyright infrightment through his company "MultiPlex PC".https://t.co/Wyn14k7bq0
— yannickcrypto.eth (@YannickCrypto) October 10, 2022
Monday’s thread further accused Grey of collecting Bitcoin (BTC) in 2019 as a listing fee on a crypto exchange called Bitfineon. The exchange never went online and Grey supposedly pocketed around 20 BTC, YannickCrypto tweeted.
Grey is also accused of a myriad of other scams involving decentralized finance (DeFi) protocols and several cross-chain bridges.
looks like @jaredgrey was involved in much more scams, what you gonna do @SushiSwaphttps://t.co/CoObwILzHL
— yannickcrypto.eth (@YannickCrypto) October 10, 2022
Interestingly, the seemingly dominant accusation against Grey claims that the head chef had intimate relations with a horse. SushiSwap’s native token SUSHI responded to the rumors with a 10% dip. At press time, SUSHI traded around $1.22 according to data from TradingView.
Sushi’s Jared Grey Says Allegations Are 100% False
Jared Grey denied all the accusations levied against him via a thread, saying they are “100% untrue”. The SushiSwap head chef responded directly to the Bitfineon debacle, claiming that a business partner was responsible for stealing the funds and was subsequently fired.
Grey alleges that affected users were reimbursed as well.
The investors & I found out, fired him, and refunded the affected users. Here's our Medium post from 2019 about it:https://t.co/D8Ce6YNDC8
Today's post includes some other accusations, which are false as well. /2
— Jared Grey (@jaredgrey) October 11, 2022
SushiSwap announced Jared Grey as head chef on October 3, 2022, following a community vote which narrowly favored Grey’s appointment. The head chef role is similar to that of CEO, although SushiSwap operates as a decentralized platform governed by a DAO, a decentralized autonomous organization.
SushiSwap is one of several crypto service providers forced to rethink their operational structures amid the broader digital asset market slump.
