ELASTOS FOUNDATION LIED THAT IT'S FOUNDER FENG HAN DONATED $5 MILLION USD TO MIT RESEARCH !!

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ELASTOS FOUNDATION LIED THAT FENG HAN DONATED $5 MILLION USD TO MIT RESEARCH !!





                                              

ELASTOS FOUNDATION LIED THAT FENG HAN DONATED $5 MILLION USD TO MIT RESEARCH !!

Elastos tweet on Sep 28 2018 announcing Feng Hans donation of $5 million USD to MIT



The news article on elanews.net among others on the same day states
Elastos is happy to announce that our co-founder, Feng Han, has made a personal donation of $5 million USD to Massachusetts Institute of Technology (MIT) to establish the university’s blockchain research wing. The collaboration with MIT provides the academic institution with the means to establish the “Initiative on the Digital Economy (IDE) Blockchain Pillar and Activities Fund,” which intends to foster the development of a diverse range of blockchain projects, connecting emerging talent with thought leaders in the industry.
However if you check out the MIT’s Initiative on Digital Economy [IDE] Annual Report 2018 which was released on May 2019 there was no mention of Feng Han’s name or Elastos on donors list .It is sure that Mr.Feng didn’t choose to be an anonymous donor as Elastos foundation tweeted out the news first and made it public.


As you can see there is no mention of Feng han or Elastos even after such huge sum of donation which only lead to one logical conclusion Elastos lied through their teeth
The only association of Mr.Feng han and Elastos in the MIT IDE Annual report is on page 11, where he is listed as speaker on an informal seminar conducted on September -December 2018


Download the full MIT IDE Annual Report 2018 from here or from wayback machine here
The claim of Feng hans $5 million donation is most likely a lie considering the long rap sheet of elastos since its inception .The price of Elastos has plummeted more than 90% since the publication of alleged donation news and haven’t recovered from single digits. Elastos is well known for making price sensitive announcements in order to conduct pump and dump of its token ELA in the past.

I personally contacted the public relations personnel of MIT IDE to confirm or deny the alleged $5 million donation from Feng Han or Elastos Foundation ,so far i haven’t heard back from them.



Moreover from documents filed in Newyork court by aggrieved plaintiff mark owen, who is suing elastos for fraud brings to light the brazen nature of lies told by elastos foundation .Mark Owen states under perjury that he personally contacted MIT official Jaren D Wilcoxson who denied any affiliation of Feng Han or Elastos to MIT .It is clear as day beyond any doubt that elastos is a bunch of scammers . It's only a matter of time before elastos team concocts an exit scam , by then it will be too late for investors to realize that they bought into a scam
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https://iapps.courts.state.ny.us/nyscef/ViewDocument?docIndex=TseEM_PLUS_ILecglzESBJJkoiA==




Elastos is nothing but a scam, Elastos final days are closing in fast . The court paper also points out Elastos Ex CMO Fay Li has completely disappeared from internet . There is no knowledge of her whereabouts available to serve her the court summons notice. Her personal Twitter account @fayliela was last updated on Dec 6 2018.



Feng Hans Response

In response to this allegation  Mr.Feng tweeted on 2 june 2019 what appears to be an image of a memorandum of understanding between him and MIT 





 A close inspection of the 2 page document reveals there is NO mention of the alleged $5 million donation  . This memorandum cannot be construed as an evidence of him making a donation of $5 million nor does this document commits him to donate such sum in future . This is merely a ploy to convince the gullible followers of elastos that he donated $5 million USD . 

Feng Han shrewdly refrained from asserting in his tweet that he did in fact make the donation of such sum as announced by Elastos. Feng Han is more likely to have donated a small amount and inflated it to millions of dollars for publicity.

ROLLING UPDATES :

Pathological liar Feng han could stop spewing lies to his low IQ community members . The latest in the series of his lies is this tweet 


FACT :His claim that he held a livestream with Alibaba VP with 2.27 million real time viewers is utter Nonsense and doesn't require in depth analysis to disprove.Feng appeared in a livestream chat with an amateur chinese crypto girl .There was no Alibaba VP present ,the 2.27 million views is obviously faked




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