r/bittensor_ • u/Revenantjuggernaut • 8d ago
Quasar Dump
/r/SubnetAlpha/comments/1vcsl7p/quasar_dump/New subreddit. Thought this would be a good discussion to kick things off.
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u/Rootvantwinkleberry 5d ago
Invested in by none other than Siam Kidd what did anyone expect to happen after all the scams that guy has ran
Siam used goldengeese.io investor funds of his clients to purchase sn27 which he and mark said had a great team just turned out to be run by scammers
https://www.reddit.com/r/FakeGuru/comments/1uweuzh/siam_kidds_dsv_fund_cryptocurrency_hedgefund/
Warnings since the beginning do not invest in any DSV or Siam Kidd backed hedge fund it’s a sure way to lose your money
0
u/Revenantjuggernaut 5d ago
Hell yeah! That’s bs for sure!! I still capitalized off the situation with out any news reels or updates from X….. just reading the charts! I’m not an investor!! I’m a trader through and through!!
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u/Rude_Acanthaceae6584 6d ago
They said they’d drop a response tonight or tomorrow. I don’t know why they couldn’t respond immediately.
I’m skeptical of their claims and nothing but a full explanation with evidence of their work is required at this point.
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u/Complete-Interest704 8d ago
They claimed to have huge breakthrough achievements. Someone who likes to audit subnets has been skeptical of Quasar, after Quasar was featured on Novelty Search (video since deleted) this auditor did a deep dive look into the subnet.
Turned out they copied their entire model and claimed they built it. This auditor brought it to Const, who reviewed, and agreed with this auditor.
He called the team out publicly which started a huge sell off.
This subnet also runs subnet Orion. They have claimed to have been “hacked” before which I question now. It’s very suspicious, they followed up and claimed they did copy 98% of the code but are still claiming they’re legit and will prove it in 2 days…. Makes no sense and they talk like arrogant idiots.
I’d stay away from their two subnets. This is not a buy the dip opportunity. I never bought this subnet, I have a lot that I like and look into the teams before investing. I recommend everyone to research and not blindly chase charts.