DeFi trailblazer Andre Cronje returns with ‘weird psyops’ Medium post

A lengthy Medium post titled “The Crypto Winter of 2022” from DeFi trailblazer Andre Cronje has stirred contention among the community.

The portion goes into item connected the marketplace drawdown, peculiarly the triggering events that accelerated superior outflow from the abstraction – namely, the Terra illness and the question of CeFi bankruptcies that followed.

Cronje wrote astir the request for regulatory betterment to code the occupation of “asymmetrical information.” He besides touched connected imaginable solutions borrowed from TradFi, specified arsenic the engagement of cardinal banks successful supervising and insuring the crypto industry.

“The deficiency of transparency successful these exchanges and concern funds — wherever consumers don’t really cognize what is being done with their funds, oregon recognize what they are told — is intelligibly a occupation of asymmetrical information.”

Twitter illustration @MJP.sol, a co-founder of cryptocurrency trading level Archax, commented that it was ironic Cronje’s platforms operated connected accusation asymmetry. Yet, helium is present calling for the signifier to end.

Sped work the article. Man who extracted 1bn from ecosystem done accusation assymetry, present talks astir regularisation and security to halt the asymmetry.

— MJP.sol (@mjpldn) October 25, 2022

Is Andre Cronje back?

Cronje is known arsenic a pioneer of DeFi and is liable for creating galore projects, including Yearn Finance, Keep3rV1, and Sushiswap.

However, his nationalist comments connected “toxic” DeFi civilization rattled manufacture advocates, starring him to discontinue the abstraction and pulling the plug connected galore of his projects.

In March, subordinate Anton Nell announced that the pushback had go excessively overmuch for him, culminating successful the last “rage quit.” He added that the determination to permission the manufacture had been gathering “for a portion now.”

“Unlike erstwhile “building successful defi sucks” rage quits, this is not a genu jerk absorption to the hatred received from releasing a project, but a determination that has been coming for a portion now.”

Even astatine the clip of Nell’s announcement, speculation was mounting that Cronje would instrumentality astatine immoderate aboriginal point.

Internet sleuths effort to link the facts

Following the crypto wintertime Medium post, posted October 25, immoderate person taken this arsenic a motion Cronje is astir to marque a comeback.

However, speculation is mounting connected whether Cronje made the post. Numerous observers, including @ivangbi_, person commented that the station was signed disconnected by Megan Dyamond, a subordinate of the Commercial Team astatine Cape Town-based attorneys Dunsters.

Others chimed successful to marque consciousness of the matter, saying Dunsters provides ineligible and compliance proposal connected cryptocurrency and that 1 of its Directors is Henriette Cronje. Researcher Larry Cermak said Henriette is Andre’s sister.

Unable to find the information down the post, @DegenSpartan commented that helium is 99% definite it is not from Andre, adding immoderate “weird psyops [is] going on.”

The station DeFi trailblazer Andre Cronje returns with ‘weird psyops’ Medium post appeared archetypal connected CryptoSlate.