End-of-year chaos in the crypto world indeed comes one after another. First, project teams were exposed for behind-the-scenes manipulation, and then FLOW caused a major stir — directly staging a classic scapegoating drama.
Here's what happened: FLOW was exploited by hackers through technical vulnerabilities, secretly issuing a large wave of tokens, of which 800 million have already flowed into major trading platforms, being bought and sold by retail investors in countless rounds. The only way to restore the total token supply to normal is for the project team to buy back and burn the tokens with their own funds. But this hit a snag — who will pay for it?
Both sides started blaming each other: the FLOW team said it was a platform issue, "Why didn't you tighten risk controls to prevent hackers from mixing stolen tokens into circulation?" then added, "We really don't have the money to buy back." The trading platforms responded directly, retorting, "You got hacked because of your poor technical security; you should clean up your mess yourself." They even issued an ultimatum — if the buyback and burn aren't completed by the 14th, FLOW will be delisted.
The most astonishing part is that, in response to these urgings, the FLOW team remained silent — completely ignoring the situation, as if they had gone offline. Now the problem is: neither side is taking proactive steps to resolve it, and in the end, isn't it retail investors who have to bear the consequences? Token devaluation, liquidity risks, trapped chips... this is a true reflection of the crypto market. From technical vulnerabilities to governance failures, the entire chain has issues.
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AirdropHunter007
· 01-13 09:53
Coming with this again? The FLOW team stays silent and it's over, retail investors will have to take the hit again.
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GateUser-addcaaf7
· 01-12 20:54
It's all the retail investors' fault for having bad luck, getting involved in such a crappy project.
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GoldDiggerDuck
· 01-12 20:53
This is just outrageous. The FLOW team remains silent, typical ostrich tactics.
Retail investors have to take the fall again, it happens every time.
FLOW really screwed up this time, daring to blame the platform for technical vulnerabilities? That's hilarious.
Another case of a project team failing in self-rescue. Those holding the tokens must be feeling terrible now.
Promised decentralization, but in the end, it’s still centralized players taking over.
This project is doomed; those who ran early have already escaped.
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MevHunter
· 01-12 20:52
It's the same old trick again, project team silence = already ran away
Retail investors will always be the last scapegoats, this is Web3
The FLOW team’s move is brilliant, they just play dead
$800 million worth of tokens have flowed out, and they still want to handle it quietly? Dream on
If the platform doesn't take over, who will? Whoever takes the blame will be doomed
These incidents happening so frequently at the end of the year, it's exhausting
Not repurchasing shows a lack of sincerity, and what's the point of talking about the future
Is another project about to go down? What do the holding brothers say?
Silence is a brilliant move, it’s basically admitting defeat
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RugpullTherapist
· 01-12 20:48
Another classic blame-shifting feast, a drama where retail investors take the fall.
FLOW's move is brilliant; silence is the best response.
Wait, 800 million tokens have all flowed into exchanges? How many people are going to suffer huge losses...
Where is the promised decentralization? In the end, it's still both sides trying to shift blame.
The project team saying they have no money to buy back is really clever; what was all that fundraising for?
This is actually the current state of Web3: vulnerabilities + lack of responsibility + retail investors taking the hit.
The platform doesn't take responsibility, the project team doesn't either, so let the retail investors figure it out themselves.
FLOW has now become a cautionary tale; those rushing to delist might end up crying their eyes out.
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SandwichTrader
· 01-12 20:47
Another blame-shifting drama, retail investors are always the last scapegoats.
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ColdWalletAnxiety
· 01-12 20:30
It's really outrageous. FLOW just disappeared into thin air this time, and retail investors have become the biggest victims.
Once you're in, don't expect to get out. This is the daily life of Web3.
Another abandoned project. When will someone truly take responsibility?
Platforms and projects keep passing the buck, but in the end, it's still us who pay the price.
8 hundred million tokens flowing into the market, and that's it? Laughable.
That's why I don't touch small-cap coins. They're too risky.
Silence is the biggest attitude, probably indicating guilt.
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PumpAnalyst
· 01-12 20:27
800 million tokens flowed in, this is a real bloodbath, how are retail investors supposed to survive
End-of-year chaos in the crypto world indeed comes one after another. First, project teams were exposed for behind-the-scenes manipulation, and then FLOW caused a major stir — directly staging a classic scapegoating drama.
Here's what happened: FLOW was exploited by hackers through technical vulnerabilities, secretly issuing a large wave of tokens, of which 800 million have already flowed into major trading platforms, being bought and sold by retail investors in countless rounds. The only way to restore the total token supply to normal is for the project team to buy back and burn the tokens with their own funds. But this hit a snag — who will pay for it?
Both sides started blaming each other: the FLOW team said it was a platform issue, "Why didn't you tighten risk controls to prevent hackers from mixing stolen tokens into circulation?" then added, "We really don't have the money to buy back." The trading platforms responded directly, retorting, "You got hacked because of your poor technical security; you should clean up your mess yourself." They even issued an ultimatum — if the buyback and burn aren't completed by the 14th, FLOW will be delisted.
The most astonishing part is that, in response to these urgings, the FLOW team remained silent — completely ignoring the situation, as if they had gone offline. Now the problem is: neither side is taking proactive steps to resolve it, and in the end, isn't it retail investors who have to bear the consequences? Token devaluation, liquidity risks, trapped chips... this is a true reflection of the crypto market. From technical vulnerabilities to governance failures, the entire chain has issues.