NDV Christian posted on social media, "I lost $500,000 on Friend.Tech. First and foremost, I know that all my profits come from community members who believe in and value the vision of decentralized social power. Second, I knew that Racer (Friend.Tech founder) might not be capable of developing a killer app, but I never imagined that he would "cut leeks" so unethically. I thought the community would recover from it, but he completely destroyed all possibilities for a CTO. I don't know what due diligence Paradigm did on him, but it's certainly the tragedy of this cycle. "