DEXX's collapse: Brother Pig, the community leader, exposes the team's concealment of the truth, funds continue to go missing!

📩 Received a community tip-off

After experiencing a shocking collapse event, DEXX project founder Roy finally spoke out in the media. However, what followed were more questionable insiders and unanswered questions. Especially concerning the revelations from the founder of the Pig Rice community, Brother Pig, which exposed a series of derelictions and concealments by the DEXX team, raising the question: is DEXX actively working to recover losses, or has it entered a 'death spiral' of delay?

📩 The truth revealed by Brother Pig: the community suffers heavy losses, and the team conceals key clues

As a project that was once highly anticipated, DEXX suddenly encountered a hacker attack, resulting in severe financial losses for community members. The Pig Rice community reportedly lost more than 36 bitcoins in this incident. Many victims face financial difficulties and are unable to return home for the New Year, and even struggle to explain the situation to their families. Especially when victims attempted to seek help through DEXX customer service, they found communication to be unusually difficult, with weeks of waiting ending in vain.

Brother Pig stated that although DEXX officially claims to be cooperating with technology companies and public authorities, stating 'we have grasped clues,' the actual investigation progress is not optimistic. To date, DEXX has not locked down any specific hacker suspects. While there was once suspicion that internal personnel might be involved and even some related individuals around Shanghai were detained, there has been no substantial progress in the case, and funds continue to be transferred through mixing tools.

These situations stand in stark contrast to the image DEXX portrays in the community and media of 'we are actively investigating the truth.' Even more concerning is that the victims' funds have not been effectively prevented from being lost, and the DEXX team seems not to have taken concrete measures to stop further fund outflow.

Failed funding, is DEXX facing a deadlock?

In a recent interview, DEXX founder Roy confidently stated that the connection with institutional funds had been 'basically finalized,' and that 'institutional investment is undergoing due diligence.' However, during the engagement process, Brother Pig found that the DEXX team had not made any substantial progress as claimed. In fact, although the DEXX team contacted multiple potential investors this week, including some well-known exchanges and industry insiders, none of them reached a cooperation agreement. It is reported that investment institutions such as Du Jun and LBank explicitly rejected related proposals.

Brother Pig analyzed that DEXX's financing situation remains unclear, and there is a huge discrepancy with its announcement claiming '90% has been settled.' This raises doubts about whether DEXX has fallen into a funding dilemma, even facing a 'dead end'?

Compensation mechanism becomes empty talk, victims wait in vain

At the strong request of the victims, the DEXX team launched the so-called 'Compensation Center' in an attempt to calm community emotions and address the victims' financial losses. However, according to Brother Pig's revelations, this compensation mechanism has not actually solved the problem. Firstly, some assets have significantly depreciated, making the existing compensation amounts almost meaningless; secondly, for victims with losses exceeding $10,000, the compensation process remains chaotic and lacks a clear solution.

Even more disappointing, insiders revealed that the launch of this compensation mechanism is more like a strategy aimed at calming community dissatisfaction, rather than genuinely compensating victims for their losses. Brother Pig bluntly stated that if DEXX truly wanted to compensate, it could completely bypass the complicated process and directly resolve the issue, rather than dragging victims into a meaningless compensation system.

Community Self-Help: Brother Pig's Cross-Border Rights Protection Action

In the face of DEXX team's concealment and delays, Brother Pig and the Pig Rice community have chosen to take more direct action. He stated that relying solely on DEXX officials to solve the problem is obviously unrealistic, so the Pig Rice community decided to gather victims with technical or networking resources to share information, support each other, and jointly promote problem-solving. More importantly, Brother Pig has begun actively pursuing the truth of the case through legitimate means such as filing international reports, striving to recover losses for the victims.

Insiders in the community revealed that Brother Pig has made it clear that regardless of how the DEXX team conceals information, they will spare no effort to seek legal means to get every victim an explanation.

DEXX's future is shrouded in fog, where is the hope for the victims?

From Brother Pig's revelations, it appears that the DEXX project is currently facing a severe trust crisis. Although DEXX officials have repeatedly claimed to be actively addressing hacker incidents and funding issues, feedback from victims indicates that the team's response measures are neither transparent nor show substantial progress. For those who have already suffered losses, relying on official promises may no longer be the best choice.

Whether DEXX can turn the situation around and restore community trust, the struggle of the victims continues. The actions of Brother Pig and the Pig Rice community may bring new opportunities for this turmoil, but so far, the future of the DEXX team remains shrouded in uncertainty, and the victims' losses have not been compensated as they should.

If DEXX hopes to regain market trust, it clearly has a lot of work to do. But time does not seem to be on their side.

#DEXX