recording a book loss of 3.8 million USD; revenue 150,000 USD, in contrast to the reported revenue of 6 million USD; the founder's personal wallet withdrew 2.78 million USD (2024) and 1.67 million USD (2025).
Most withdrawals in 2024 occurred during the payout period for investors; while in 2025, it was mainly before selling NFTs and listing tokens. The cash flow withdrawn from the company wallet and external address has raised questions about governance and transparency, especially when the reported revenue figures differ from the books.
The company's product is suspected of using poor quality materials: some mining rigs contain recycled chips from Antminer L7, which may affect performance and device longevity, increasing risks for operators and users.
Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee.ย See T&Cs.
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