Conflux co-founder Forgiven has accused RWA.XYZ of fabricating data and manipulating capital metrics. According to Forgiven, RWA.XYZ altered its metrics to introduce Reported Asset Value and Distributed Asset Value, diverging from standard industry data. The Reported Asset Value is stated as $410 billion, primarily from private chain assets, while the $180 billion Distributed Asset Value is claimed to better reflect actual demand in the crypto RWA sector. Forgiven cautions against uncritical trust in Wall Street and whitepaper assertions, highlighting growing concerns over data transparency in the cryptocurrency industry.
Conflux Co-founder Alleges Data Fabrication by RWA.XYZ
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