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FlaSh's Crypto Scandal - Page 8

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Magic Powers
Profile Joined April 2012
Austria4478 Posts
July 02 2021 08:01 GMT
#141
I can't figure this out. I guess Flash made a mistake, ok. Lets assume he did (I'm still not 100% sure, but he admitted to making a mistake so lets go with that). From the information we have, I don't see how it can be determined how much - if any - backlash or punishment he should receive. We don't have an idea what the scope of his wrongdoing is. He could end up being very guilty or hardly guilty at all.
And that's assuming that Flash correctly understands his own guilt. There's also the chance that Flash considers himself guilty when he's actually innocent.
So for now it seems like there are a lot of people jumping the gun, and not just by a little.
If you want to do the right thing, 80% of your job is done if you don't do the wrong thing.
Highgamer
Profile Joined October 2015
1448 Posts
Last Edited: 2021-07-02 10:49:10
July 02 2021 10:45 GMT
#142
My money is on Flash having wandered into a trap, very naively so because it was set up in Trap Town, blinded by greed but not maliciously. Then he panicked and clumsily tried to fix what was already partly cracked beyond repair instead of just repenting. And now no matter the amount of actual guilt and whether you can forgive him or not (I can), the esport legend - not the achievements - is tainted indirectly.

edit: And don't take this as an encouragement to bet your money on him like this! I mean, seeing where this can lead to... I have to make it clear... by mentioning I put my money there I don't mean to... Damn, what a slippery slope...
jackel
Profile Joined November 2020
12 Posts
July 02 2021 10:50 GMT
#143
Damn, these comments that the other guy translated. I read somewhere that Koreans really love to crucify their idols and it can be clearly seen here
LUCKY_NOOB
Profile Blog Joined June 2013
Bulgaria1516 Posts
Last Edited: 2021-07-02 11:34:42
July 02 2021 11:04 GMT
#144
Is there an investigation into this?

It's a shitty thing to do.

At least it's not match fixing... ^_._^

The coin was never released?

I have so many questions...

How did this get out?
ko-fi.com/luckynoob
Immaterial
Profile Blog Joined September 2010
Canada510 Posts
July 02 2021 18:10 GMT
#145
From what I understand, this situation is kind of like the CSGO gambling scandal with Syndicate and Tmartn. Streamers promoting something without adequately disclosing their involvement with the project. It’s obviously sketchy and Flash (et al) should have known better, but I don’t think it’s comparable to match fixing at all. It does not impact the integrity of competition.

It’s a question of intent as well. If he made a naive mistake then that is forgivable. Very poor judgement, but forgivable. If he knowingly schemed with others to participate in a crypto pump and dump at the expense of his fans then (imo) it isn’t forgivable. His early statements really don’t help his case... shifting blame onto your mum? Not a good look. Does he not have a publicist or something?
It is the mark of an educated mind to be able to entertain a thought without accepting it.
ruhtraeel
Profile Joined July 2010
Canada125 Posts
July 02 2021 20:07 GMT
#146
On July 03 2021 03:10 Immaterial wrote:
It’s obviously sketchy and Flash (et al) should have known better, but I don’t think it’s comparable to match fixing at all. It does not impact the integrity of competition.


I agree with this sentiment.
I don't think (and hope) Brood War will be as affected by this as much as the match fixing scandal. It's not directly affecting the quality of BW competition, although it's a good lesson to people not to blindly treat and trust professional players as their idols, and to remember that they're also just humans who happen to be very good at their job.

Ex. Just because Kyrie Irving says the world is flat, or Lebron says some random thing about politics, doesn't make it true. They're just people who are really good at making a team throw a ball into a hoop.

BigFan
Profile Blog Joined December 2010
TLADT24920 Posts
July 02 2021 23:24 GMT
#147
On July 03 2021 03:10 Immaterial wrote:
From what I understand, this situation is kind of like the CSGO gambling scandal with Syndicate and Tmartn. Streamers promoting something without adequately disclosing their involvement with the project. It’s obviously sketchy and Flash (et al) should have known better, but I don’t think it’s comparable to match fixing at all. It does not impact the integrity of competition.

It’s a question of intent as well. If he made a naive mistake then that is forgivable. Very poor judgement, but forgivable. If he knowingly schemed with others to participate in a crypto pump and dump at the expense of his fans then (imo) it isn’t forgivable. His early statements really don’t help his case... shifting blame onto your mum? Not a good look. Does he not have a publicist or something?

I believe KCM and whoever else said it was worse did it for several reasons. The biggest reason being that Flash, in a way, has become synonymous with SC and Terran. He is considered GOAT by most people and has been in the scene since his 2007 debut. Basically, he's lived and breathed BW, and most of this after the matchfixing scandal took place which was a big reason for the professional scene's demise among other things. But you may ask, why is this even a comparison? Now, it is true that this isn't affecting the integrity of the competition which would be pretty bad, but this might actually be worse on a different scale, because not only are you undermining the fans' trust, there's also a monetary component at play here.

If this was actually a pump and dump scheme and Flash and co ended up advertising it, even just name dropping the coin during the stream, the consequences would be much worse so it's a good thing that the coin wasn't on the market yet and this whole thing came out when it did. Having said that, personally, I have no clue what Flash was thinking when he was making this investment. Maybe he was lured into it by Suit who is apparently very convincing, or maybe he gave it some thought and decided that it's best to jump in especially with the money guaranteed. We just don't know so we can't really evaluate maliciousness, but is your money being guaranteed common in investments? More so when it comes to crytocurrency? I don't have much knowledge on the subject so maybe someone with more information can share.

All in all, I think the damage is done and his image is tainted in the eyes of some fans. I'm not sure of the scope of this so maybe jinjin or another KR speaker can give us an idea of just how bad the damage is. It was interesting to read some of his previous lies though and yes, people really need to make their own decisions regardless of whether a streamer name drops something during a streaming session.
Former BW EiC"Watch Bakemonogatari or I will kill you." -Toad, April 18th, 2017
Shinokuki
Profile Joined July 2013
United States923 Posts
Last Edited: 2021-07-03 01:28:51
July 03 2021 01:27 GMT
#148
On July 03 2021 08:24 BigFan wrote:
Show nested quote +
On July 03 2021 03:10 Immaterial wrote:
From what I understand, this situation is kind of like the CSGO gambling scandal with Syndicate and Tmartn. Streamers promoting something without adequately disclosing their involvement with the project. It’s obviously sketchy and Flash (et al) should have known better, but I don’t think it’s comparable to match fixing at all. It does not impact the integrity of competition.

It’s a question of intent as well. If he made a naive mistake then that is forgivable. Very poor judgement, but forgivable. If he knowingly schemed with others to participate in a crypto pump and dump at the expense of his fans then (imo) it isn’t forgivable. His early statements really don’t help his case... shifting blame onto your mum? Not a good look. Does he not have a publicist or something?

I believe KCM and whoever else said it was worse did it for several reasons. The biggest reason being that Flash, in a way, has become synonymous with SC and Terran. He is considered GOAT by most people and has been in the scene since his 2007 debut. Basically, he's lived and breathed BW, and most of this after the matchfixing scandal took place which was a big reason for the professional scene's demise among other things. But you may ask, why is this even a comparison? Now, it is true that this isn't affecting the integrity of the competition which would be pretty bad, but this might actually be worse on a different scale, because not only are you undermining the fans' trust, there's also a monetary component at play here.

If this was actually a pump and dump scheme and Flash and co ended up advertising it, even just name dropping the coin during the stream, the consequences would be much worse so it's a good thing that the coin wasn't on the market yet and this whole thing came out when it did. Having said that, personally, I have no clue what Flash was thinking when he was making this investment. Maybe he was lured into it by Suit who is apparently very convincing, or maybe he gave it some thought and decided that it's best to jump in especially with the money guaranteed. We just don't know so we can't really evaluate maliciousness, but is your money being guaranteed common in investments? More so when it comes to crytocurrency? I don't have much knowledge on the subject so maybe someone with more information can share.

All in all, I think the damage is done and his image is tainted in the eyes of some fans. I'm not sure of the scope of this so maybe jinjin or another KR speaker can give us an idea of just how bad the damage is. It was interesting to read some of his previous lies though and yes, people really need to make their own decisions regardless of whether a streamer name drops something during a streaming session.


damage is pretty bad that flash/bisu may never be able to stream. Britney actually revealed that flash was the one who persuaded him to invest, causing even more backlash from the fans. This basically confirmed that he was the main player and was acting like a "broker." In the past, we also see a video of flash advertising himself as a "guru" of coin and saying he earned more $ than his entire career as a progamer. So he most likely knew about the structure of how all of this worked and STILL decided to invest and even pursuaded some people like britney to invest. It's pretty set in stone. Flash can't ever return and he's unfortunately on the level worse than savior's. (pretty ridiculous I know but thats what seems to be occurring atm)
Life is just life
ggsimida
Profile Joined August 2015
1148 Posts
July 03 2021 01:51 GMT
#149
On July 03 2021 03:10 Immaterial wrote:
It’s a question of intent as well. If he made a naive mistake then that is forgivable.


savior was NaIvE too, he was young and didn't know what he was doing! forgive him guise...
Shinokuki
Profile Joined July 2013
United States923 Posts
July 03 2021 02:09 GMT
#150
On July 03 2021 10:51 ggsimida wrote:
Show nested quote +
On July 03 2021 03:10 Immaterial wrote:
It’s a question of intent as well. If he made a naive mistake then that is forgivable.


savior was NaIvE too, he was young and didn't know what he was doing! forgive him guise...


These foreigners also making their own judments and critizing netizen's reaction lmao. I do agree with you guys saying korean netizens overreact but flash lied 3x already and was already revealed to persudate other people to invest. At this point, its over. Its even worse that he has enough $$ to retire comfortably and still did this.
Life is just life
Bakuryu
Profile Blog Joined August 2009
Germany1065 Posts
July 03 2021 05:48 GMT
#151
for foreigners, who dont speak korean, it feels like we missed 2 thirds of the information and now we only get to see the last third.

"In the past, we also see a video of flash advertising himself as a "guru" of coin and saying he earned more $ than his entire career as a progamer."

would you mind sharing the video? i guess coin = crypto in general, so it would be interesting to figure out what kind of crypto he was talking about.
Also, flash himself mentioned he was into crypto for several years, but do we know when exactly he started?

Could we maybe also get the video of Britney + Sea talking about this? (preferably translated by some saint :D)
Dante08
Profile Blog Joined February 2008
Singapore4139 Posts
Last Edited: 2021-07-03 06:14:34
July 03 2021 06:10 GMT
#152
On July 03 2021 10:27 Shinokuki wrote:
Show nested quote +
On July 03 2021 08:24 BigFan wrote:
On July 03 2021 03:10 Immaterial wrote:
From what I understand, this situation is kind of like the CSGO gambling scandal with Syndicate and Tmartn. Streamers promoting something without adequately disclosing their involvement with the project. It’s obviously sketchy and Flash (et al) should have known better, but I don’t think it’s comparable to match fixing at all. It does not impact the integrity of competition.

It’s a question of intent as well. If he made a naive mistake then that is forgivable. Very poor judgement, but forgivable. If he knowingly schemed with others to participate in a crypto pump and dump at the expense of his fans then (imo) it isn’t forgivable. His early statements really don’t help his case... shifting blame onto your mum? Not a good look. Does he not have a publicist or something?

I believe KCM and whoever else said it was worse did it for several reasons. The biggest reason being that Flash, in a way, has become synonymous with SC and Terran. He is considered GOAT by most people and has been in the scene since his 2007 debut. Basically, he's lived and breathed BW, and most of this after the matchfixing scandal took place which was a big reason for the professional scene's demise among other things. But you may ask, why is this even a comparison? Now, it is true that this isn't affecting the integrity of the competition which would be pretty bad, but this might actually be worse on a different scale, because not only are you undermining the fans' trust, there's also a monetary component at play here.

If this was actually a pump and dump scheme and Flash and co ended up advertising it, even just name dropping the coin during the stream, the consequences would be much worse so it's a good thing that the coin wasn't on the market yet and this whole thing came out when it did. Having said that, personally, I have no clue what Flash was thinking when he was making this investment. Maybe he was lured into it by Suit who is apparently very convincing, or maybe he gave it some thought and decided that it's best to jump in especially with the money guaranteed. We just don't know so we can't really evaluate maliciousness, but is your money being guaranteed common in investments? More so when it comes to crytocurrency? I don't have much knowledge on the subject so maybe someone with more information can share.

All in all, I think the damage is done and his image is tainted in the eyes of some fans. I'm not sure of the scope of this so maybe jinjin or another KR speaker can give us an idea of just how bad the damage is. It was interesting to read some of his previous lies though and yes, people really need to make their own decisions regardless of whether a streamer name drops something during a streaming session.


damage is pretty bad that flash/bisu may never be able to stream. Britney actually revealed that flash was the one who persuaded him to invest, causing even more backlash from the fans. This basically confirmed that he was the main player and was acting like a "broker." In the past, we also see a video of flash advertising himself as a "guru" of coin and saying he earned more $ than his entire career as a progamer. So he most likely knew about the structure of how all of this worked and STILL decided to invest and even pursuaded some people like britney to invest. It's pretty set in stone. Flash can't ever return and he's unfortunately on the level worse than savior's. (pretty ridiculous I know but thats what seems to be occurring atm)


Wow you really are being hyperbolic huh. Isn't Flash a victim in this "scandal" as well? Presumably he didn't know about this scandal, yes he did introduce other people to invest but he would have told them not to invest any big amounts. He has mentioned that a few times and I believe it to be true.

I guess he didn't explain things very clearly at the start which obviously didn't help his cause, but I'm not sure why everybody is damning him to hell based on multiple assumptions? It's such a weird situation really.
nath
Profile Blog Joined May 2010
United States1788 Posts
July 03 2021 06:29 GMT
#153
are people bitter at Flash's general success? its pretty obvious that his Mom got swindled by some scumbag, who also happens to appear good to him (generous donator to SC streamers/tournaments in his words), and that he isn't much of an expert, so he got sucked into it. i dont think it makes him a terrible person at all. i do think it makes him more stupid than we think (we think hes smart because hes good at a video game, but i can see his general stupidity in the real world from things like this)
Founder of Flow Enterprises, LLC http://flow-enterprises.com/
Shinokuki
Profile Joined July 2013
United States923 Posts
July 03 2021 07:31 GMT
#154
On July 03 2021 15:10 Dante08 wrote:
Show nested quote +
On July 03 2021 10:27 Shinokuki wrote:
On July 03 2021 08:24 BigFan wrote:
On July 03 2021 03:10 Immaterial wrote:
From what I understand, this situation is kind of like the CSGO gambling scandal with Syndicate and Tmartn. Streamers promoting something without adequately disclosing their involvement with the project. It’s obviously sketchy and Flash (et al) should have known better, but I don’t think it’s comparable to match fixing at all. It does not impact the integrity of competition.

It’s a question of intent as well. If he made a naive mistake then that is forgivable. Very poor judgement, but forgivable. If he knowingly schemed with others to participate in a crypto pump and dump at the expense of his fans then (imo) it isn’t forgivable. His early statements really don’t help his case... shifting blame onto your mum? Not a good look. Does he not have a publicist or something?

I believe KCM and whoever else said it was worse did it for several reasons. The biggest reason being that Flash, in a way, has become synonymous with SC and Terran. He is considered GOAT by most people and has been in the scene since his 2007 debut. Basically, he's lived and breathed BW, and most of this after the matchfixing scandal took place which was a big reason for the professional scene's demise among other things. But you may ask, why is this even a comparison? Now, it is true that this isn't affecting the integrity of the competition which would be pretty bad, but this might actually be worse on a different scale, because not only are you undermining the fans' trust, there's also a monetary component at play here.

If this was actually a pump and dump scheme and Flash and co ended up advertising it, even just name dropping the coin during the stream, the consequences would be much worse so it's a good thing that the coin wasn't on the market yet and this whole thing came out when it did. Having said that, personally, I have no clue what Flash was thinking when he was making this investment. Maybe he was lured into it by Suit who is apparently very convincing, or maybe he gave it some thought and decided that it's best to jump in especially with the money guaranteed. We just don't know so we can't really evaluate maliciousness, but is your money being guaranteed common in investments? More so when it comes to crytocurrency? I don't have much knowledge on the subject so maybe someone with more information can share.

All in all, I think the damage is done and his image is tainted in the eyes of some fans. I'm not sure of the scope of this so maybe jinjin or another KR speaker can give us an idea of just how bad the damage is. It was interesting to read some of his previous lies though and yes, people really need to make their own decisions regardless of whether a streamer name drops something during a streaming session.


damage is pretty bad that flash/bisu may never be able to stream. Britney actually revealed that flash was the one who persuaded him to invest, causing even more backlash from the fans. This basically confirmed that he was the main player and was acting like a "broker." In the past, we also see a video of flash advertising himself as a "guru" of coin and saying he earned more $ than his entire career as a progamer. So he most likely knew about the structure of how all of this worked and STILL decided to invest and even pursuaded some people like britney to invest. It's pretty set in stone. Flash can't ever return and he's unfortunately on the level worse than savior's. (pretty ridiculous I know but thats what seems to be occurring atm)


Wow you really are being hyperbolic huh. Isn't Flash a victim in this "scandal" as well? Presumably he didn't know about this scandal, yes he did introduce other people to invest but he would have told them not to invest any big amounts. He has mentioned that a few times and I believe it to be true.

I guess he didn't explain things very clearly at the start which obviously didn't help his cause, but I'm not sure why everybody is damning him to hell based on multiple assumptions? It's such a weird situation really.


Again, foreigners are missing the entire story. You guys are basing everything off from his post which is full of lies. Here are the facts.

What flash did is not on the level of savior. He was considered "god" and his image was almost perfect so its no wonder he's getting severe backlash. Korean netizens are pretty hardcore lol. Also, you guys are wrong as well to just assume he's innocent. He wasn't..
Life is just life
Shinokuki
Profile Joined July 2013
United States923 Posts
July 03 2021 07:33 GMT
#155
On July 03 2021 15:29 nath wrote:
are people bitter at Flash's general success? its pretty obvious that his Mom got swindled by some scumbag, who also happens to appear good to him (generous donator to SC streamers/tournaments in his words), and that he isn't much of an expert, so he got sucked into it. i dont think it makes him a terrible person at all. i do think it makes him more stupid than we think (we think hes smart because hes good at a video game, but i can see his general stupidity in the real world from things like this)


I think that's pretty much what happened. Initially, people were just shocked he did that but he constantly backtracked and lied which worsened the situation. The final blow was when he was revealed to be actually the main player and the fact that he always said he is "expert" in investing in coins. His intention was pretty bad and that's it.
Life is just life
Magic Powers
Profile Joined April 2012
Austria4478 Posts
July 03 2021 08:13 GMT
#156
On July 03 2021 16:31 Shinokuki wrote:
Again, foreigners are missing the entire story. You guys are basing everything off from his post which is full of lies. Here are the facts.

What flash did is not on the level of savior. He was considered "god" and his image was almost perfect so its no wonder he's getting severe backlash. Korean netizens are pretty hardcore lol. Also, you guys are wrong as well to just assume he's innocent. He wasn't..


Uhm... look, I don't wanna jump to Flash's defense (I'm not on his side, or on any side), but what you wrote there aren't facts. If you want to tell us the facts, please feel very welcome to do so. I'd be quite appreciative if someone could explain the situation to us exactly as it is without any speculation.

Most of us aren't assuming Flash's innocence. Don't mistake withholding judgement for lenience. We just don't know for sure what has really happened. We don't know what is true, what's rumored, what's exaggerated, we really don't know. And for that reason we don't draw definitive conclusions yet.
If you want to do the right thing, 80% of your job is done if you don't do the wrong thing.
evilfatsh1t
Profile Joined October 2010
Australia8806 Posts
Last Edited: 2021-07-03 09:07:45
July 03 2021 08:59 GMT
#157
if anyone is looking for a background to this then i wrote up a post on page 2.
since then there hasnt been much development in this scandal other than a few more announcements from a few streamers. do those announcements change much? i dont think so

what we can say with certainty is flash was an idiot. its safe to assume that he fell into the trap most amateur investors fall into which is thinking that theyre knowledgable in finance because they had some success. so he decides to make another investment at the suggestion of a man he trusted, and he probably wasnt lying about his mother's involvement (probably wanted a third opinion on the investment). the bigger takeaway is suit's ability to earn the trust of the streaming community and deceive them.
what flash did wrong was lie about his total involvement in this matter and recommend investment into this particular coin to his peers. i dont believe he would have said that hes an expert because hes not stupid enough to say that, but given his successful track record his word probably carried some weight amongst his friends who comparatively had less experience than him.
that doesnt mean he had malicious intent when he made the investment however. he was just naive or ignorant and got unlucky that this investment wasnt just a case of him making a poor financial decision and losing money; there was an actual scammer involved and the case blew up. it doesnt make sense that flash would knowingly make a decision that could turn his main source of income against him and also recommend the same thing to his peers who are probably even more reliant on their viewers than he is.

tl;dr: flash was naive and dumb but the majority of the streamers most likely made the investment based on its merits and their criticisms from the korean viewers is undeserved. comparisons to savior in particular are ridiculous.

at the moment any further "investigations" (there arent any formal investigations by any authority as of yet), is pretty much all focused on suit. theres some new allegations being made that the streamers' investments werent made with their own money, rather it was the streamers returning the balloon donations made to them by suit. so if a streamer was interested in investing but didnt want to burden the risk suit offered to give them money in the form of balloon donations and that money minus afreeca's commission would be returned to suit as the investment sum.
KameZerg
Profile Blog Joined May 2007
Sweden1767 Posts
Last Edited: 2021-07-03 09:13:24
July 03 2021 09:12 GMT
#158
being a pump and dump scammer and encouraging people (huge audience) to participate (lose all their invested money) is worse than a match fixer which takes some money under the table from a broker to throw a game but what savior did was worse than being a matchfixer because he also acted as the broker between betters and gamers.
asdasdasdasdasd123123123
evilfatsh1t
Profile Joined October 2010
Australia8806 Posts
July 03 2021 09:16 GMT
#159
On July 03 2021 18:12 KameZerg wrote:
being a pump and dump scammer and encouraging people (huge audience) to participate (lose all their invested money) is worse than a match fixer which takes some money under the table from a broker to throw a game but what savior did was worse than being a matchfixer because he also acted as the broker between betters and gamers.

youve been spewing the same shit since page 1. amazing how after 7 pages of new information you keep saying the same thing.
ladies and gentlemen, this is exhibit A of the tl equivalent to the korean netizens on an unreasonable witchhunt.
ExpatRights
Profile Joined February 2021
53 Posts
July 03 2021 09:33 GMT
#160
lol at you peoplee assuming flash is innocent
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