Oyster’s Creator Says Its PRL Cryptocurrency Token Is A Ponzi Scheme After Exit Scam
Oyster (PLR) is a project that has been getting some serious shade lately – and perhaps rightly so. The platform’s creator, who goes by the pseudonym “Bruno Block” recently pinpointed a vulnerable point in the smart contract token contract. Thereafter, he held a second ICO and sold himself $300,000 PLR and exchanged it on another platform. Bruno Block was able to do this due to a provision in the contract that set DirectorLocke to false.
Bruno Block announced on the platform’s Telegram channel that he was justified in his actions because he felt that Bill Cordes had betrayed him and had accused him of insider trading.
There have been allegations that Codes leaked information to the community that PLR was scheduled to be listed on Binance this month. As a result, the price experienced some serious growth when it was going through a major slump.
Bruno Block stated,
“I warned Bill against insider trading, he didn’t care. So instead of him and his VC friends dumping on you, I dumped on him.”
He also warned against Tether, stating,
“Go educate yourselves about what is happening with Tether. The entire crypto sphere is a giant Ponzi scheme. I warned all of you, multiple times, in private and public, and nobody listens. Ethereum is going back to $5. If you want to sell back to a greater fool then you will only find yourselves to be that fool.”
The announcement was then followed by several messages between Bruno and Bill and such messages seemed to support statements made by Bruno.
When it comes to Oyster, its is meant to provide the next iteration of the internet. Likewise, Basic Attention Token, which is part of the project, may replace advertisements with cryptocurrency microtransactions.
Those who support the technology may have a bright spot. Bruno Block claims that he will develop the project on his own and that Oyster’s team is no longer in commission. The downside is that holders may find the platform’s rejection of Binance to be quite off putting. Bruno Block also stated that Oyster avoid trading until the platform’s protocol goes live.
Bruno Block then began to rant about the world economy and future society. He stated,
“I believe in Oyster as a product, but I don’t believe there will be a future to host it. I will program it since the program is a promise from me, but I don’t complaint that Oyster isn’t running when a banana costs $5,000.”
Bruno Block ended his discussion with some words about survival and an allegedly upcoming apocalypse, stating:
“Anyone here who has swiped a credit card or taken an interest-bearing loan has the blood of the incoming collapse on their hands. Billions of people will die, there are massive droughts and food shortages as we speak. I’ve made a lot of dollars by selling PRL, I immediately [sic] ditched the dollars to buy real things so that I can protect myself and my family from the collapse. That’s all I ever wanted, and now that I have that secured, I will deliver the protocol which I promised myself. Give me some time to get my head straight after these dramatic few days, I will gradually post progress on github.”