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Chef Nomi returned all funds to the SushiSwap community

September 11, 2020

In a surprising twist of events, the former head of SushiSwap, Known anonymously as Chief Nomi on Twitter, he apologized for his mistakes and returned $ 14 million to the project’s development fund.

Said Nomi in a thread Twitter from September 11th:

To all. I messed it up. And I’m sorry.

On September 6, it was revealed that Nomi Sam Bankman-Fried, CEO of FTX Exchange, had transferred control of the SushiSwap project, but not before taking away approximately $ 13 million. The funds, which were only controlled by Nomi, came from a $ 27 million development fund to support the emerging project.

Chef Nomi returned all funds to the SushiSwap communityChef Nomi returned all funds to the SushiSwap community

In response to Nomi’s actions, Bankman-Fried told Cointelegraph:

“I am very happy that Nomi returned the ETH. It was the right thing. We mustn’t forget what she did, but we mustn’t forget that in the end she did the right thing.”

Nomi returned the money and apologized to the wider community as well as to various people. “I’m sorry for causing you problems.” said on the cryptocurrency exchange Binance and Band Protocol CTO Sorawit Suriyakarn via tweet. “I’m sorry to be arrogant,” added Nomi. “You are incredible builders.”

“Thank you for your help in getting SushiSwap back when I almost destroyed it”, said Nomi to Bankman-Fried and apologized to several others, including Adam Cochran, a partner at Cinneamhain Ventures, who publicly raised several concerns about the sushi project.

Nomi too said::

“I’ve returned all of $ 14 million to the treasury. And I’ll let the community decide how much I earn as the original creator of SushiSwap. In any currency (ETH / SUSHI / etc.). With all blackout hours I wish.” I myself. “

The former sushi guide too said Who would like to continue to help develop the project’s technology behind the scenes? It remains to be seen whether the community will accept this offer.

UPDATE September 11, 16:16 UTC: This article has been updated.

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