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 是全球最古老的区块链平台之一，面临持续串谋操纵 SYS 代币供应的指控，并涉嫌通过 Syscoin 基金会欺骗投资者。

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 成立于 2014 年，旨在融合比特币和以太坊的最佳方面，为去中心化应用程序提供稳定的平台。 2018 年，Syscoin 基金会成立，以支持和开发该平台。

Allegations of Fraud against Syscoin

针对 Syscoin 的欺诈指控

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.

狗狗币基金会最近的一份报告提出了对 Syscoin 基金会和 SYS Labs Holding Ltd 内部严重不当行为的担忧。据报道，正在对涉及这些实体的潜在金融犯罪进行调查。

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 被指控未经适当授权发行 1 亿个新 Syscoin。根据 Cryptopolitan 引用的消息来源：

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

“这是一种对抗性举措，旨在稀释代币供应并掩盖财务管理不善。”

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.

据称，这些额外代币的发行被伪装成合法的社区投票。 Christopher O'Shea 使用笔名“BigPoppa”提交了一份据称得到社区批准的提案。

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.

不过，此次投票的真实性值得怀疑。指控表明，这要么是事后捏造的，要么是秘密进行的，不包括大多数社区成员。

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

Syscoin 基金会声称新代币将增加基金会的储备并支持生态系统。

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，狗狗币基金会声称这些资金被转移到 SYS Labs，使董事们能够获利，同时使基金会及其投资者面临财务损失。

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

据报道，Rollux 业务开发主管 João Fernandes 提议将 Syscoin 的主节点治理预算重新分配给 Rollux 项目。

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.

狗狗币基金会声称 Rollux 最初是由 Syscoin 基金会开发和资助的。然而，一旦项目达到一定阶段，它就会被转移到SYS Labs，从而显着增加其价值和董事的个人持股。

Official Intervention

官方干预

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.

这些指控引起了荷兰当局的注意，并展开刑事调查。据报道，职能检察官办公室正在审查潜在的金融犯罪，包括盗窃、贪污、欺诈、伪造和洗钱。

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.

这些行动的后果给 Syscoin 投资者带来了严重后果。据报道，额外发行和销售 1 亿枚代币导致该代币的价值暴跌。

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

狗狗币基金会的报告还指责董事们未能提交公司纳税申报表，并指出：

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

“故意不提交企业所得税申报表或提交错误的申报表构成刑事犯罪。”

This is a serious offense under Dutch law.

根据荷兰法律，这是严重犯罪行为。

CEO Denies Resignation Claims

首席执行官否认辞职声明

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 发表了一篇文章，报道 Jagdeep Sidhu 将在不断展开的指控中辞职。文章声称他打算建立一个名为“Syscoin Red”的新实体。柯威利评论道：

"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."

“基金会的金库钱包不是多重签名钱包。我对基金会资金的使用缺乏透明度表示担忧。”

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."

据报道，SYS Labs 前业务开发经理 Matthew Mappin 向 Decrypt 表示，社区已多次向董事们提出关于“缺乏财务透明度、Syscoin 基金会和 SYS Labs 之间关系不透明”的担忧。

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 上反驳了有关他离开 Syscoin 的说法。他认为 Decrypt 的文章试图散布恐惧、不确定性和怀疑 (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."

奥谢则告诉 Decrypt，“国库资金存放在冷钱包中，每月都会有一笔金额转移到热钱包中，以支付运营和生态系统费用。”