/biz/ - Business & Finance

>>18863543
Its SEC complaint time anon you have all you need

If they recover over 1 mil you get paid like 10-5%

for example, most recent history from
https://ethplorer.io/address/0xf37c348b7d19b17b29cd5cfa64cfa48e2d6eb8db#pageSize=100
one of these addresses:

2020-04-30 -500 000 LINK
2020-04-14 -500 000 LINK
2020-03-29 -500 000 LINK

and that's just one of 3 active 50m team addresses, they all dump massive amounts of link consistently each week, worth millions of dollars

2/2

>>18863590
Wow they need to actually pay their people? Who woulda thunk

There was a guy i knew who was hell bent on unraveling it all. No idea what happened to him tho, I kinda stopped caring about it. I don't hodl any link btw.

>>18863795
you don't understand chainlink shill, it's 10s of millions of dollars that they recovered just in march-april-may alone.

i just unironically submitted a complaint to sec.gov, with this analysis and the fact that chainlink is an unregistered security, also mentioned their alleged US address and attached credentials of their offshore Cayman Islands LLC

>>18863543
>>18863590
Explain to me why this is bad. The price has been pretty stable considering, hasn't it? Isnt it better that those tokens circulate rather than sit in a wallet and potentially be dumped all at once?

>>18863795
pay people.....one address dumping 500k a week is $1.75M+...a week. yeah I think that's the issue anon. they are paying themselves quite a lot

>>18863875
this funds were supposed to be locked, or held for future expenses - they're lining up their own pockets for 10s of millions of dollars

>>18863875
kek. the actual circulating supply increases by millions of tokens every day and this retard thinks it's bullish.

Thank you for your concern over our financial wellbeing. All this work simply out of altruism is really appreciated. Just sold all my Chainlink (ticker: LINK) tokens in light of this damning evidence.

>>18863543
i LINK was too good to be true
i'm out

>>18863543
He actually betrayed us!

expanding my analysis, total funds they recovered from these sales are ~90m usd just in nov 2019-present day alone

not sure where they went, considering they have a team of ~10 developers and are hiring remote engineers only. Also if you search for any info on team token dispersion for chainlink, you will find nothing

>>18863578
>If they recover over 1 mil you get paid like 10-5%
No kidding? Are there people who just do this for a job?

>>18864018
Why don’t you make a Reddit post or send info coindesk or something? I don’t think it does any good here.

>>18863795
Dude no startup Chainlink's size in the world is burning through multiple hundreds of millions each year. This is absurd. They all fucking work remotely.

>>18864056
I don't have a reddit account, but I would appreciate if somebody reposted this

>>18864056
This. We need Alex Jones and his team to investigate. Send this to Infowars tips so we can get somewhere with terrible injustice. It's too important to ignore.

>>18863862
picture of that red lambo with Sergeys dad in it from the NXT token exit scam he did before chainlink.

The exact same lambo showed up as a larp with a chainlink wrap on it. I think his name was lambo anon. SEC can probably pull dmv records and peg him for using his dad to launder money.

>>18864119
Better pictures exist

>>18864018
They actually pay a part of the wages in link tokens. There are transactions that occur every month. It's all public

>>18864036
Yes I have been mulling over hiring a PI and giving the SEC a proper report on chainlink for a while now. I would recoup any costs I incurred thanks the the SEC whistleblower program. They pay out millions on a regular basis anon people have and do live on that program.

>>18863915
The fact that the price stays stable/rises nonetheless is bullish you fucking brainlet.

Realistically at their level a dev should get at least 200k a year
Upper mngmt 500k a year
Marketing 2M costs
Networking 4M
Legal and compliance 4M
Testing 2M

>>18863907
>locked up or held for future expenses
They are selling them for future expenses
FUD harder faggot, never selling
I buy more every dip
The biggest losers will only be revealed with time

>>18864086
I have one but it wouldn't do any good.

Dm me your findings on Twitter @RedundantDesign is my shit posting account. I have enough connection to get it to a crypto savvy SEC person.

>>18863543
Holy fuck, you're an idiot. Go to coingecko.com > chainlink > ? besides circulating supply and you'll see all the addresses held by chainlink.

>>18864289
Except 90% of what chainlink does is pay people to spam memes

>>18864194
where can I take a look at it?
>>18864256
they dump more frequently when price rises, and they still have around 95% left in these wallets. Their are effectively suppressing the price at 3-4 dollar levels
>>18864289
as a developer myself, I agree with dev part, but these are silicon valley prices - they've been hiring all-remote since 2018
>Testing 2M
QA costs half of what development costs, at the very most

Thanks for your service bagholders

Team wallet addresses here:

https://insights.glassnode.com/an-on-chain-distribution-analysis-of-chainlink-link/

>>18864351
that's a lie. https://www.coingecko.com/en/coins/chainlink no such information there, what you're referring to is perhaps top holding addresses, which is another thing - most whale addresses now are not vaults, but exchanges, my research is about addresses that are explicitly connected to team because they received early (pre-tokensale) deposits and are active now

>>18864395
>https://insights.glassnode.com/an-on-chain-distribution-analysis-of-chainlink-link/
this is actually great research. these 50m addresss are indeed there. thanks anon. that this article is a bit outdated - my point is that they are still selling massive amounts of link

S E R G A Y

B E T R A Y

ChainLink team has 350,000,000 tokens?
>it’s centralized you guys!
ChainLink team unloading tokens as previously announced?
>it’s a scam guys!

You typically have to pay to play when you’re building something revolutionary

>>18864506
>unloading
selling is the word you're looking for
>as previously announced
>we're expanding our team
>therefore we will sell 20m$ worth of link
makes sense!

Linkies get hard when they hear about Sergey dumping on them.
The fact is that guy scammed millions and nothing is going to happen to him.
One of the most successful crypto scammers, just after ripple and dan larimer. Equal to iota scammers.

Link is going to be completely forgotten once victims realize 'staking' actually means just locking link and that nodes already have as much link as they need. That's probably why it takes them so long to release this trivial function. They know when they do the gig is up.

>>18864210
>They pay out millions on a regular basis anon people have and do live on that program.

>>18864429
Look at the screenshot. These are the addresses held by smartcontract.com. I also have some pre-ico tokens (thanks anime-chan) and I'm no fucking dev.

>>18864614
I hold link but this is probably the hardest pill to swallow. Sergey set aside millions of tokens for node operators (we know this for a fact), no need for neet tokens. It’s actually a bit cucked that we have to pay for what the large institutions/corps will literally get for free

>>18864965
>what is network effect

Absolute state of you paid pajeet fudders

>>18864965
You do not understand chainlink at all

>>18863862
The SEC has literally confirmed it is not a security, all of this bile you are posting means nothing you retard. All it means is that they are doing exactly what they told us they would do, again like always.

>circulating supply is actually higher than previously thought
>no-linkers: this is bearish!

>>18863543
>>18863590

Thanks for this news, anon. I was worried they'd never restart dumping.