Analysis of the RDNT crash, is it a hacker attack or a conspiracy?

Yesterday I wrote an article about the RDNT project team wanting to unlock 200 million tokens in advance to cash out, but the proposal was rejected by the community with an opposition rate of more than 90%.

Subsequently, the project team announced that RDNT was stolen, with an amount of about 50 million US dollars.

This series of events led to a continuous plunge in RDNT, but is it really the case?

First of all, judging from the amount, the market value of RDNT is only about 70 million US dollars. If it is really stolen, not only is it highly likely that the project team cannot afford to pay, but the project is also expected to be abandoned.

Secondly, RDNT has been stolen several times in the past two years. It is hard not to wonder whether the project team deliberately spread bad news to cause a crash, thereby defrauding retail investors of low-priced chips, and then pulling up and selling them for profit in the future.

I think it is very likely that the project team is eager to cash out, but the proposal is rejected, so they use conspiracy means to not only forcibly seize other people's property, but also get low-priced chips.

As an investor, you should stay away from such projects and tokens that have no bottom line.