《River: A Flawed Announcement or a Carefully Rehashed Old Scam?》 Woke up to find another name added to the hall of shame—River. River’s “seemingly reasonable but actually baseless” announcement completely exposes the project team’s lack of integrity and their highly centralized nature. The entire announcement boils down to two points: 1. Someone converted early, so we’re pausing everything. 2. To protect your interests, we’re changing the rules. Basically: It’s like a bank saying, “Withdraw anytime,” but the moment someone tries, the bank immediately announces a withdrawal freeze and changes the rules. What’s even more damning are two major red flags: 1. **Technical Issues**: Based on research by netizens, the contract has a pre-programmed “pause” mechanism. At the same time, a suspected dump address not only holds a massive amount of PTS but was created on the same day as the River pool contract address. The fund flow and the announcement timeline align perfectly. 2. **Capital Connections**: The project’s backers overlap significantly with the notorious BEVM (now GEB), and their style is eerily similar. One coincidence might be accidental, but a series of coincidences is premeditated. A reasonable deduction: the pause wasn’t a spur-of-the-moment decision but a premeditated, planned cash-out. The so-called “long-term vision” is just a way to keep users in the dark for the long haul and ensure the rules always favor the project team. If River doesn’t publicly address and provide evidence to clarify these critical doubts, then this so-called mechanism upgrade is nothing more than a repeat of an old scam disguised as “user protection.” By the way, here’s a thread on the shady stuff BEVM pulled back then: (https://(x.com)/ice_frog666666/status/1895719027714187657?s=46&t=B-UjaWaTy_q48FkmEQS7Cg)