币界网报道：Self Chain has terminated founder Ravindra Kumar as CEO following allegations of his involvement in a $50 million fraudulent OTC scheme. The project announced his complete removal from all roles after accusations surfaced linking him to fake token deals. Kumar previously denied the claims, calling them "completely false." The scheme, active since November, lured investors with discounted Telegram OTC offers for tokens like GRT, APT, and SEI, later expanding to SUI. Mysten Labs co-founder Adeniyi Abiodun warned against the scam in May, but losses continued. OTC desk Aza Ventures' CEO Mohammed Waseem revealed a broker nicknamed "Source 1" initially delivered real trades before pivoting to a Ponzi structure—later reports tied Kumar to the alias. Waseem claims Source 1 promised refunds by month-end but threatened to expose the broker if payments fail. Berachain's pseudonymous founder SmokeyTheBera disclosed he had warned Waseem about the scam earlier, but was dismissed.