According to information from KOL Morsy and CryptoPainter, players in the crypto sector have revealed that the TGE of Cysic displays serious group behavior. A large number of addresses holding tokens were created 3 days ago, between 12 and 20% of CS tokens have been manipulated, some having already been sent to CEX, which ultimately led to a poor community distribution. Participants in the presale and other contributors have either suffered losses or have not received the rewards promised by the team. Furthermore, Cysic is suspected of data issues, with an annual accounting loss of 3.8 million dollars, a revenue of 150,000 dollars, while the reported turnover is 6 million dollars; while the company is suffering enormous losses, the personal wallet address of the founder has taken a total of 2.78 million dollars in 2024 (the majority during investor payments in 2024); so far in 2025, it has taken 1.67 million dollars (mostly related to NFT sales and before the listing on the exchange). Moreover, the products of this company have quality defects, some chips inside the cases of certain miners come from recycled Ant L7 machines.
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