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From the original report: "By his count, Saber and Sunny comprised $7.5 billion of Solana’s $10.5 billion TVL at their peak. (Billions of those dollars were double-counted between his two protocols.)"!!!
Here's an archive of the article. An archive has no paywall, no subscription requirement, and can be easier to read:
The Fake Team That Made Solana DeFi Look Hugehttps://archive.ph/7IghE
The earlier report by CoinDesk had also been shared, here on SN:
Master of Anons: How a Crypto Developer Faked a DeFi Ecosystem#54658https://www.coindesk.com/layer2/2022/08/04/master-of-anons-how-a-crypto-developer-faked-a-defi-ecosystem/https://archive.ph/PF7Az
From the original report: "By his count, Saber and Sunny comprised $7.5 billion of Solana’s $10.5 billion TVL at their peak. (Billions of those dollars were double-counted between his two protocols.)"!!!
Here's an archive of the article. An archive has no paywall, no subscription requirement, and can be easier to read:
The Fake Team That Made Solana DeFi Look Huge
https://archive.ph/7IghE
The earlier report by CoinDesk had also been shared, here on SN:
Master of Anons: How a Crypto Developer Faked a DeFi Ecosystem
#54658
https://www.coindesk.com/layer2/2022/08/04/master-of-anons-how-a-crypto-developer-faked-a-defi-ecosystem/
https://archive.ph/PF7Az