In a surprising turn of events, SushiSwap’s former head, anonymously known as Chef Nomi on Twitter, has apologized for their mistakes and returned $14M to the project’s development fund.
Nomi said in a Sept. 11 Tweet thread:
To everyone. I f***** up. And I am sorry.
On Sept. 6, news broke that Nomi had given FTX exchange CEO, Sam Bankman-Fried, control over the SushiSwap project — but not before taking approximately $13 million with them. The funds, which Nomi alone controlled, were from a $27 million dollar developer fund that was meant to buoy the nascent project.
In response to Nomi’s actions, Bankman-Fried told Cointelegraph:
“I’m extremely happy that Nomi returned the ETH; it was the right thing to do. We shouldn’t forget what he did, but we also shouldn’t forget that in the end he did the right thing.”
Nomi returned the funds, apologizing to the community as a whole, as well as to several individuals. “I am