Popular Bitcoin advocate and blockchain educator Andreas M. Antonopoulos recently shared on Twitter that controversial cryptocurrency project HEX offered him 10 BTC ($118,532) so he could make a promotional interview about the project.
Antonopoulos noted that the project intends to use the interview to convince the crypto community that HEX is not a scam as widely speculated in the industry.
Sharing the information with Crypto Twitter, Antonopoulos said he was not asked to disclose the sum while asking his over 500k followers to draw their own conclusion on whether HEX is a scam or not.
Reacting to the update, HEX enthusiasts took to the comment section to express their disappointment with Antonopoulos’ post. They believe the move was just part of efforts to tarnish the already soiled image of the project and further label it as a scam.
“This seems like an attack on HEX honestly. I have my free claim HEX amount, which isn’t anything to bag defend, but I’d say HEX has done more than others to prove it isn’t a scam,” one user commented.
Is HEX a scam?
Launched by social media personality Richard Heart, HEX is an ERC-20 token that uses a high-interest blockchain certificate of deposit (CD) model to reward users for staking their coins.
Under the HEX model, users receive interests ranging from 3.69% to 369% annually, which are paid in the form of HEX tokens.
In addition to the interest paid on each stake, the project offers different bonuses to users, in the form of Bigger Stakes, Longer Stakes, and Penalty coins, to help users multiply their ROI.
Earlier this year, concerns were raised over users’ ETH investments in the project. At that time, speculators indicated that ETH paid into HEX’s Ether account to purchase HEX tokens were moved from the origin address.
The funds were moved via 36 transactions, with each transacting a total of 1,337 ETH ($591,355). These transactions sparked fear, as investors believed their investments were being shared among HEX team members.
Heart quickly took to his Twitter page to condemn critics saying the system is working as intended.
Meanwhile, Coinfomania reported in December that Bitcoin.com’s Roger Ver came under attack for listing the HEX token on the platform, as the community is still convinced that the project is a scam.
