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CDAO coin
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CDAO Token: Community Governance Token Accused of Being a Ponzi Scheme
CDAO (also known as CryptoDollar) is described as a community-owned and governed decentralized cryptocurrency on the Core blockchain. However, the project has been accused by multiple parties of exhibiting characteristics of a Ponzi scheme, including arbitrary rule changes and draining liquidity pool funds. Its trading market has nearly dried up, with 24-hour trading volume at only a few dollars and circulating supply showing as zero. Investors should be highly vigilant of the risks.
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CDAO Token: Community Governance Token Accused of Being a Ponzi Scheme
CDAO (also known as CryptoDollar) is described as a community-owned and governed decentralized cryptocurrency on the Core blockchain. However, the project has been accused by multiple parties of exhibiting characteristics of a Ponzi scheme, including arbitrary rule changes and draining liquidity pool funds. Its trading market has nearly dried up, with 24-hour trading volume at only a few dollars and circulating supply showing as zero. Investors should be highly vigilant of the risks.
CDAO coin
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