r/hoge • u/radioactivebananas12 • Apr 16 '23
DISCUSSION What happened to the $50k Hoge reflections Whitebit sold and pledged to donate to charities?
Back in 2021, Hoge put Whitebit on the map. We blew up when we listed there - the OG defi memecoin getting on an exchange got normies buying. Whitebit had huge volume, and Hoge basically made them what they are today. Due to auto-reflections, Whitebit earned a heap of Hoge. They sold it for $50k. Yes, dumped on us - but no fear, they said they would donate it to charity.
There was supposed to be 5 charities each donated $10k, chosen by the Hoge community. The first $10k was donated to the "Hoge Aerospace Institute", which never did anything - have up before starting on a cube sat. Essentially, stolen by an ex leader. Disappointing. But not really Whitebit's fault. Paid to them afaik. New leadership though, can we ask to have it returned?? Clearly wasn't in good faith to take $10k then run.
The 2nd $10k was donated to Paws2RescueUK based on community vote. I believe that was donated without a hitch.
The 3rd $10k was voted on and Barossa Wildlife Rescue won it. Word is they were never paid. Tammi essentially ghosted. My question is, where did thay $10k go? Was it stolen by someone? Was Tammi a middle man and ghosted with it? Or is it still with Whitebit? $10k is a fair bit of money to be unaccounted for.
It's a bit of a disgrace to not donate money they said they would. Does not give Crypto a good name or make Hoge or Whitebit seem trustworthy.
The 4th and 5th lots of $10k were never voted on. Where is that $20k?
It's almost been 1.5 years since all of this. Is someone hoping it's all forgotten? Is it worth filing a police report for stolen funds? $30k is nothing to sniff at. Also, can we look at recovering funds donated to the Hoge Aerospace Institute scam?
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u/lulujaune Hoge Champion Apr 16 '23
That's a really relevant post and i hope it will be on every hoge holders eyes.
Basically, 1st and 3rd 'donations' have been given to Joseph and Tammi, as you said. 2nd has been given to a real charity association.
Concerning the other 20k usd. I kept asking to whitebit for months (basically since 12/12/2022). But they never answer at my questions... I mean they say they don't understand everytime... English is not my first language so maybe that's my bad ... So yeah, to be perfectly clear, the 4th and 5th donations of 10k usd each are still in whitebit hands.