Ex-OpenSea exec accused of pump & dump, $60m rug pull
OpenSea says it has “no awareness” of any involvement of its former executive in dubious business practices. OpenSea, a non-fungible token (NFT) marketplace where people can buy or sell digital collectibles, has once again become controversial after an X account revealed that the marketplace’s former executive was involved in “dubious” business practices. 1/ Dear @OpenSea, what do you think of the fact that your Head of Ventures, Kevin Pawlak, has been involved in various very dubious business dealings (e.g. Anubis) and pump & dump schemes under his pseudonymous identity @0xSisyphus (& 0xMagellan)? pic.twitter.com/GzIVLJirLE — NFT Ethics (@NFTethics) October 6, 2023 According to NFT Ethics, OpenSea’s former head of ventures, Kevin Pawlak, has been involved in multiple “very dubious business dealings,” pump and dump schemes, and conflicts of interest under his pseudonymous identity 0xSisyphus, which is also known as one ...