#SOLV开盘 The crypto world has seen the emergence of the 1800 BTC rights protection storm; can you still hold your coins with peace of mind?

Recently, a big incident erupted in the crypto world, the rights protection event involving 1800 bitcoins has caused a huge stir. This matter is closely related to each of us who pays attention to the crypto world, and if we're not careful, similar risks could affect our own wallets. Today, let's delve into this incident.

Incident Process

Solv Protocol, as the leading Bitcoin staking protocol, loudly announced its TGE (Token Generation Event) on November 28, 2024. Shortly after, on December 30, Binance announced the launch of the Solv token, which attracted countless eyes at the time. An early Twitter user named Mudita made a significant bet, staking 1800 BTC. According to her, she staked her assets completely according to the rules and requirements of the Solv Protocol project party, and even after multiple dilutions, her staking amount still accounted for 10% of the total TVL. Moreover, she also stated that she had made certain airdrop reward commitments with the Solv team. But who would have thought that during the $SOLV TGE, she did not receive the expected returns; who could tolerate that? Thus, she resolutely started her rights protection journey on Twitter.

On January 3, 2025, Mudita spoke out on Twitter for rights protection, lamenting her investment of 1800 BTC while the returns were pitifully low. This news instantly exploded in the crypto community, attracting widespread attention. The next day, January 4, Nubit co-founder hans also came out to stir the pot, pointing out that the BTC in Solv was not truly locked, raising suspicions of false TVL. This statement was like a deep-water bomb, exposing the Solv team. Solv co-founder Meng Yan immediately responded, claiming that this was a malicious attack and smear campaign against Solv by a force in the industry. Solv CEO Ryan also quickly published a rebuttal and clarification, responding to hans's claims one by one, insisting that hans's evidence was unconvincing.

However, the matter is not over yet. On January 5, the official Solv Twitter account was actually hacked, which undoubtedly made the whole incident even more confusing. Immediately on January 6, Binance's third Megadrop project - Solv Protocol opened, and rights protector Mudita also announced her token issuance. This series of dazzling operations left many crypto investors puzzled.

Public Opinion Changes

During the fermentation of the incident, the direction of public opinion also changed several times. At the beginning of Mudita's rights protection, everyone empathized with her. After all, as an early investor who made a large stake according to the project party's requirements but did not receive the due returns, the project party indeed seemed suspicious, and everyone felt Mudita was too wronged.

But with Nubit co-founder hans's questioning of Solv and the Solv team's response, public opinion fell into a stage of doubt and debate. Some people sided with hans, believing that Solv might really have serious issues like false TVL, which would have a huge impact on the entire credibility system of the crypto world.

After events such as the Solv official Twitter account being hacked and the Binance Megadrop project opening, public opinion entered a stage of focus and observation. Everyone's attention shifted to the future direction of the Solv project and what subsequent impacts the Mudita token issuance would bring. People are carefully watching the development of the situation while also pondering what this incident means for the BTCFi field and the entire cryptocurrency market.

Conclusion

This 1800 BTC rights protection incident serves as a mirror, reflecting many issues in the crypto world. From the unfulfilled promises of the project party to the possible existence of false data, to the mutual games of various forces, every link could cause ordinary investors' wealth to suffer losses. In this place that seems full of opportunities, risks are actually everywhere. We must remain vigilant at all times and cannot blindly follow investment trends. What are everyone's thoughts on this incident? Do you think the Solv project can turn the situation around? What changes will Mudita's token issuance bring to the market? Feel free to leave comments for discussion; let's dig deeper into the truth of the crypto world.