BlockDAG Announces 'Former Cardano Executive' Hire Amid Raffle and Price Controversy
BlockDAG has made two announcements that have left some people questioning their credibility. The first is a claim that a 'former Cardano executive' has joined BlockDAG's leadership team, although this is not new and has been announced before.
The second announcement is a $3 million USDT raffle tied to BDAG purchases, with three entry tiers offering different rewards. However, the promoted price of $0.0000017 for BDAG is 11.7 times lower than what was promoted just two days ago, and BlockDAG's actual open-market price is $0.00002089.
BlockDAG has a history of publicizing 'former Cardano executive' hires without naming the individual or their prior role, making it impossible to confirm whether this is a new announcement or a recycled one. Readers should treat today's version as unverified until BlockDAG names the individual directly.
The promoted price for BDAG has moved around significantly in recent days, and readers should be cautious when treating any single 'current price' as a stable reference point. The standing risk context remains unchanged, with an unresolved investigation into alleged funding discrepancies and breach-of-contract allegations still pending.