Rug Pull or Divine Comedy? đłđ FET Community Drowns in Ocean Drama
Recall the ASI Allianceâs inception in March 2024, a marriage of convenience where OCEAN tokens were promised to convert into FET at a fixed rate, like swapping teacups for teapots. But lo! Ocean Protocol hoarded its OCEAN, hiding it in wallets labeled âCommunity Incentivesâ and âData Farmingâ-a bureaucratic sleight-of-hand worthy of a Tsarist minister. On July 1, 2024, a wallet allegedly controlled by the protocol converted 661 million OCEAN into FET and began shipping them to GSR Markets like a sultanâs tax collectors. By October, 270 million FET had been herded into Binanceâs digital pasture, leaving the FET holders to wonder if theyâd signed up for a utopia or a Ponzi scheme.








