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This project's issues are indeed worth paying attention to. What did the previous hacking incident reveal? Assets were stolen, and then— the CEO's attitude clearly explains the problem. They suggested reporting to the police and waiting for the hackers to be caught and the funds recovered. It sounds reasonable, but there are logical flaws: what if the hackers can't be tracked down? Compensation would naturally be delayed. Over time, public interest wanes, and the matter fades away. This tactic is not new in the crypto circle.
From the perspective of the entire team’s operation, the project itself has security risks. Technical protections fail, and management is unwilling to take responsibility—such a combination simply cannot survive in traditional finance. But in the cryptocurrency market, projects like this can survive for a while, relying on information asymmetry and market sentiment.
For investors, it’s not just about token price fluctuations; more importantly, observe the project team’s attitude during crises. How the founding team responds after encountering problems can reveal a lot. Shifting blame or being vague are signals that need serious consideration. The quality of projects in the crypto space varies greatly, so conducting thorough risk assessments is key.