Syscoin, one of the oldest blockchain platforms globally, faces allegations of a sustained conspiracy to manipulate the supply of its SYS token and allegedly defraud investors through the Syscoin Foundation.

Syscoin 是全球最古老的區塊鏈平台之一，面臨持續串謀操縱 SYS 代幣供應的指控，並涉嫌透過 Syscoin 基金會欺騙投資者。

Established in 2014, Syscoin aimed to merge the best aspects of Bitcoin and Ethereum, offering a stable platform for decentralized applications. In 2018, the Syscoin Foundation was created to support and develop the platform.

Syscoin 成立於 2014 年，旨在融合比特幣和以太坊的最佳方面，為去中心化應用程式提供穩定的平台。 2018 年，Syscoin 基金會成立，以支持和開發該平台。

Allegations of Fraud against Syscoin

針對 Syscoin 的詐欺指控

A recent report by the Dogecoin Foundation raises concerns of serious misconduct within the Syscoin Foundation and SYS Labs Holding Ltd. Investigations are reportedly underway into potential financial crimes involving these entities.

狗狗幣基金會最近的一份報告提出了對 Syscoin 基金會和 SYS Labs Holding Ltd 內部嚴重不當行為的擔憂。

Directors Jagdeep Sidhu, Willy Ko, Christopher O'Shea, Michiel Naring, and Bradley Stephenson stand accused of issuing 100 million new Syscoins without proper authorization. According to a source quoted by Cryptopolitan:

董事 Jagdeep Sidhu、Willy Ko、Christopher O'Shea、Michiel Naring 和 Bradley Stephenson 被指控未經適當授權發行 1 億個新 Syscoin。根據 Cryptopolitan 引用的消息來源：

"It was an adversarial move intended to dilute the token supply and conceal financial mismanagement."

“這是一種對抗性舉措，旨在稀釋代幣供應並掩蓋財務管理不善。”

The issuance of these additional tokens was allegedly disguised as a legitimate community vote. Christopher O'Shea, using the pseudonym "BigPoppa," submitted a proposal that was supposedly approved by the community.

據稱，這些額外代幣的發行被偽裝成合法的社區投票。 Christopher O'Shea 使用筆名「BigPoppa」提交了一份據稱得到社區批准的提案。

However, the authenticity of this vote is highly questionable. Allegations suggest that it was either fabricated after the fact or conducted in secrecy, excluding most of the community.

不過，此次投票的真實性值得懷疑。指控表明，這要么是事後捏造的，要么是秘密進行的，不包括大多數社區成員。

The Syscoin Foundation claimed that the new tokens would bolster the foundation's reserves and support the ecosystem.

Syscoin 基金會聲稱新代幣將增加基金會的儲備並支持生態系統。

However, the Dogecoin Foundation alleges that the funds were diverted to SYS Labs, enabling the directors to profit while leaving the foundation and its investors facing financial harm.

然而，狗狗幣基金會聲稱這些資金被轉移到 SYS Labs，使董事們能夠獲利，同時使基金會及其投資者面臨財務損失。

João Fernandes, the head of business development at Rollux, reportedly proposed redirecting Syscoin's masternode governance budget to the Rollux project.

據報道，Rollux 業務開發主管 João Fernandes 提議將 Syscoin 的主節點治理預算重新分配給 Rollux 專案。

The Dogecoin Foundation claims that Rollux was initially developed and funded by the Syscoin Foundation. However, once the project reached a certain stage, it was transferred to SYS Labs, significantly increasing its value and the personal holdings of the directors.

狗狗幣基金會聲稱 Rollux 最初是由 Syscoin 基金會開發和資助的。然而，一旦專案達到一定階段，它就會轉移到SYS Labs，從而顯著增加其價值和董事的個人持股。

Official Intervention

官方乾預

The allegations have drawn the attention of Dutch authorities, prompting a criminal investigation. The Functional Public Prosecutor's Office is reportedly examining potential financial crimes, including theft, embezzlement, fraud, forgery, and money laundering.

這些指控引起了荷蘭當局的注意，並展開刑事調查。據報道，職能檢察官辦公室正在審查潛在的金融犯罪，包括竊盜、貪污、詐欺、偽造和洗錢。

The fallout from these actions has had severe consequences for Syscoin investors. The issuance and sale of 100 million additional tokens reportedly caused the token's value to plummet.

這些行動的後果給 Syscoin 投資者帶來了嚴重後果。據報道，額外發行和銷售 1 億枚代幣導致該代幣的價值暴跌。

The Dogecoin Foundation's report also accuses the directors of failing to file corporate tax returns, stating:

狗狗幣基金會的報告還指責董事們未能提交公司納稅申報表，並指出：

"Intentionally failing to file a corporate income tax return or filing an incorrect return constitutes a criminal offense."

“故意不提交企業所得稅申報表或提交錯誤的申報表構成刑事犯罪。”

This is a serious offense under Dutch law.

根據荷蘭法律，這是嚴重犯罪行為。

CEO Denies Resignation Claims

執行長否認辭職聲明

On July 25th, Decrypt published an article reporting that Jagdeep Sidhu would resign amidst the unfolding allegations. The article claimed he intended to establish a new entity called 'Syscoin Red.' Willy Ko commented:

7 月 25 日，Decrypt 發表了一篇文章，報道 Jagdeep Sidhu 將在不斷展開的指控中辭職。文章聲稱他打算建立一個名為「Syscoin Red」的新實體。柯威利評論道：

"The foundation's treasury wallet is not a multi-signature wallet. I have raised concerns about the lack of transparency on using the foundation's funds."

“基金會的金庫錢包不是多重簽名錢包。我對基金會資金的使用缺乏透明度表示擔憂。”

Matthew Mappin, a former business development manager at SYS Labs, reportedly stated to Decrypt that the community had repeatedly raised concerns with the directors regarding "the lack of financial transparency, the opaque relationship between the Syscoin Foundation and SYS Labs."

據報道，SYS Labs 前業務開發經理 Matthew Mappin 向 Decrypt 表示，社群已多次向董事提出關於「缺乏財務透明度、Syscoin 基金會和 SYS Labs 之間關係不透明」的擔憂。

On the same day, Sidhu took to Twitter to refute claims of his departure from Syscoin. He dismissed Decrypt's article as an attempt to spread fear, uncertainty, and doubt (FUD).

同一天，Sidhu 在 Twitter 上反駁了有關他離開 Syscoin 的說法。他認為 Decrypt 的文章試圖散播恐懼、不確定性和懷疑 (FUD)。

O'Shea, for his part, told Decrypt that "Treasury funds are held in a cold wallet, and on a monthly basis, an amount is transferred to a hot wallet to cover operational and ecosystem expenses."

奧謝則告訴 Decrypt，“國庫資金存放在冷錢包中，每月都會有一筆金額轉移到熱錢包中，以支付運營和生態系統費用。”