This article comes fromBitcoin.com, by Terence Zimwara

Odaily Translator |

This article comes from, by Terence Zimwara

A new report from Zeus Capital LLP on July 30

• Odaily note:, reiterating its previous view that Chainlink is a giant pump and dump scheme.The new report comes after the little-known asset management and research firm came under fire for bashing the Chainlink token in previous reports.

Odaily note:previous report。

Define Chainlink as a "fraud project", claiming that the Chainlink project has insider trading and other behaviors, and is about to face collapse, and Chainlink avoids making promises on the mainnet launch date.

In the report, Zeus Capital LLP questioned the veracity of its announced game-changing partnerships with "tech giants such as Google, Oracle, and T-Systems."

Image Source:Zeus Capital LLP exposes Chainlink's so-called "modus operandi," which begins with "a large company showing off some of their product (often via a blog post) and then casually mentioning that Chainlink could theoretically be used as an intermediary for companies to deliver to the blockchain." customer's product."

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The latest report from Zeus Capital LLP

• Zeus Capital LLP acknowledged that Chainlink’s core proposition is to connect APIs to blockchains, “so that quite a number of traditional players can easily participate.”Nonetheless, Zeus Capital LLP believes that the infrastructure supporting Chainlink is over-hyping the project and exaggerating the degree of willingness of its partners to move forward with the collaboration. “The people behind Smartcontract and Chainlink went from there, announcing the name of a major tech company how eager it is to do business with them.” This was done to prop up the price of LINK.google article

  

  
  

Image Source:Mainly about how to use Ethereum and Google Cloud to build hybrid blockchain/cloud applications. It briefly demonstrates how Google products interact with decentralized applications through Ethereum, Google Cloud and oracle middleware (Chainlink), but there is no Imply or state a partnership between Google and Chainlink.

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Google Cloud Blog

Meanwhile, Zeus Capital LLP’s allegations against Chainlink include a pay-as-you-go scheme, numerous integrations with “dead” projects, and “blatant lies about the size and type of (partnership) relationships.”

Image Source:The asset manager also accused industry-leading websites, including the media, of "playing a role, whether intentionally or not, in the process."

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The latest report from Zeus Capital LLP

However, despite detailing Chainlink’s alleged fraudulent scheme, Zeus Capital LLP itself has been accused of spreading fear, doubt, and uncertainty (FUD) in the market in order to short and gain financial gain.

Based on this assessment, Zeus Capital LLP "recommends shorting LINK with a target price of 7 cents."

• Odaily note:Chainlink supporters countered Zeus Capital LLP’s predictions by tweeting to encourage everyone to buy LINK tokens this weekend.twitter user said

  
  

Image Source:According to reports, the centralized lending company Nexo may be behind Zeus Capital, which previously issued a Chainlink short report. The source codes of the websites of Zeus Capital and Nexo show that both use the same form system with the same prefix of nexofinance.typeform.com. In addition, some users found that the name Simeon appeared in the hyperlink in the report, which may represent the research director of Nexo Simeon Rusannov. In addition, Nexo lent 350,000 LINK on the Aave platform a few days ago, and may also use the funds for short-selling operations on behalf of the institution. What's more interesting is that in early July, the centralized lending platform Nexo planned to integrate Chainlink into Nexo's lending and trading business.

image descriptionTwitter user ChainLinkGod.ethHowever, Nexo Finance reportedly distanced itself from Zeus Capital LLP. As one of Chainlink's newest partners,

Nexo Finance said in a Telegram statementZeus Capital LimitedIn another twist, a British investment bank with a similar name to Zeus Capital LLP

Image Source:Zeus Capital Limited

It has been clarified, "For the avoidance of doubt, I would like to state that Zeus Capital Limited has not conducted research or published research on this topic and has no relationship or affiliation with Zeus Capital LLP."

• image descriptionWhile Zeus Capital LLP's website lists Hong Kong as its main liaison office, it's not clear how the two firms got the same name.Cointelegraph recently reported that

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