Bitcoin

Suspicious company predicts a sharp drop in prices at Chainlink

A report written by Zeus Capital states that the company is taking a short chain link (LINK) position, which is expected to achieve a 99% result and describes the cryptocurrency, which is currently in the top 10 by market capitalization. like “the Wirecard of cryptocurrencies”.

The company behind this report, Zeus-Capital.com seems to have registered its website only seven months ago while its Twitter account has been suspended for violations of the platform’s terms of use.

Because the report does not contain quotes or a working link, many analysts believe that it was created in a malicious way.

Suspicious report predicts price drop at Chainlink

Suspicious company predicts a sharp drop in prices at Chainlink
Suspicious company predicts a sharp drop in prices at Chainlink

The alleged investigative and asset management company also claims to have locations in New York, London, Singapore and Hong Kong. However, Cointelegraph was unable to contact the company and the phone number for his London office appeared to be switched off. The Hong Kong office forwards calls directly to voicemail.

A Redditor no doubt claims to have spoken to the company Write:

“I really called the phone numbers because I wasn’t sure about this Zeus capital. Anyway, I’ve talked to them for more than 30 minutes: they’re short, they’re legitimate. Your concerns are well meant. It looks like LINK will sink soon. I wouldn’t buy LINK over $ 2. “

The enterprise It also has the same name as the UK-based asset manager “ZeusCapital.co.uk”. and should not be confused with the UK based company.

LINK hits new all-time highs

The report entitled “Chainlink fraud exposed” predicts that LINK will fall from $ 7.95 to $ 0.07 on an undefined timeline.

Zeus Capital describes the Chainlink development team as “very small” and “inexperienced”. Claim that chain activity decreases as competing protocols multiply. Also, accuses Chainlink executives of insider trading, market manipulation and the distribution of false and misleading information.

SHORTCUT reached new all-time highs over USD 5 earlier this month, earn more than 50% in just one week.

Cointelegraph asked Chainlink, Zeus-Capital and Zeus Capital for a comment. At the time of this publication, however, we have received no response.

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