CandleFocus AI Crypto Startup O.XYZ Faces Allegations of Misrepresentation and Internal Turmoil: Sources
2024-11-23
Author: Content Editor
O.XYZ, a blockchain and AI company, is being accused of falsely inflating its technological claims and suppressing dissent within the company. The company is alleged to have exaggerated its capabilities, misrepresented its token launch, and inflated the value of its satellite program. Sources claim that holders of the company's token are at risk of being harmed. Founder Ahmad Shadid defended the company's actions, but multiple sources familiar with the company's operations have refuted the claims. Former employees and investors have expressed their reluctance to work with Shadid again. Additionally, allegations of retaliation and the use of non-disclosure agreements to suppress dissent have been made against O.XYZ. The allegations have led former employees and contributors to seek legal counsel and explore options to shed light on the company's practices.
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