CHZ and Socios.com CEO Manipulate Crypto Markets

We know that cryptocurrencies are becoming widespread around the world day by day. Now, any person we see on the street can have information about these currencies. Of course, such popularity brings with it some negative situations. The markets of prominent people in the crypto world according to their own interests manipulate to do is one of them.

Perhaps the best example we can give to this would be Elon Musk’s tweets. As it is known, the famous billionaire had previously shared about Dogecoin (DOGE) and some other cryptocurrencies. After these shares, an increase was observed in the mentioned currencies; There were allegations that Musk manipulated the market. Now, a situation similar to this is quite popular in Turkey. Chiliz (CHZ) allegedly made.

Socios.com CEO Alexandre Dreyfus manipulated the market

Incoming news is a fan token site where Chiliz is used as a service token and many football team tokens are linked. Alexandre Dreyfus, CEO and founder of Socios.comCHZ price avoiding some payments to keep it high showed. In the news shared by Off The Pitch, Dreyfus agreed to pay some of his advisers CHZ if they supported Chiliz; however, it was reported that he did not make these payments to keep the value above.

Speaking to Off The Pitch, a senior technology official also stated that towards the end of 2020, he should receive Chiliz payment from the company; however, he stated that he could only receive a part of this payment. The official also met with Dreyfus’ advisers. avoiding contact he also added. It was also noted in the shared news that a screenshot of Dreyfus’ messages on the subject was reached.

When this image is examined; It was seen that Dreyfus made such moves because he did not want the Chiliz price to drop. In the message shared by the CEO, “We need to protect our real investors. When you give people free tokens, they don’t care; because They can sell at whatever price they want.. This in turn hurts the ‘real investor’ (he’s talking about those who buy CHZ with money) as a result of advisors selling Chiliz.”

Company employees experience similar incidents.

According to the news of Off the Pitch, three more consultants in similar situations were reached after the interview with the official. One of these consultants also confirmed the event. After that, the consultant who confirmed the incident held a meeting with Dreyfus and arranged for these four consultants to be paid. A spokesperson from the company also said that they are sorry about this issue, that the deals were made before the company grew; therefore, he stated that the payments were delayed and stated that there is no problem at the moment. However, it is still unclear whether there is a consultant who has not been paid in full, other than these persons. uncertain Let’s not go without saying that it is.

Finally, it is among the news that some company employees who receive a part of their salary with CHZ are also facing a similar situation. As you may know, last year CHZ had an incredible rise in a few days and hit an all-time high. It was around this time that an employee asked what Dreyfus had to pay him. 10 million dollars He stated that he did not pay the CHZ, so he could not turn it into cash as he wanted, and said that only 60 thousand dollars of this money was received.

Apart from this, it was stated that in the light of these events, the contracts of the employees were changed and they were paid less CHZ by the company. In addition, because the employee who experienced a similar issue wanted to speak to the press, he was dismissed from the company. he was fired It was also conveyed in the shared news. The company, on the other hand, said in its statements that this issue did not reflect the truth.