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Recently, media outlet Rekt.news made striking accusations about Fantom Opera, a layer-1 blockchain, after the foundation\u2019s technical adviser Andre Cronje and senior solutions architect Anton Nell announced they were leaving the crypto space entirely<\/a>. Almost immediately, concerns from the community arose after Nell\u00a0tweeted<\/a>,\u00a0\u201cThere are around ~25 apps and services that we are terminating on 03 April 2022.\u201d In the now-deleted Rekt article, it alleged<\/a> the following:<\/p>\n \u201cFantom, Solidly, SpookySwap, Abracadabra, Geist: multiple projects all entwined into a system designed to extract maximum value for a small set of insiders who are now steadily exiting the stage.\u201d<\/p><\/blockquote>\n However, on Friday, the Fantom Foundation published a statement<\/a> regarding alleged \u201cfactual inaccuracies,\u201d \u201cdebunked claims\u201d and \u201cmisinformation\u201d from the Rekt piece. Specifically, the Fantom Foundation stated:<\/p>\n \u201cAndre and Anton did not \u2018terminate\u2019 25 projects. Instead, any involvement (such as user interface) in these projects was to be handed over to the existing teams, many of whom had been developing and running independently.\u201d<\/p><\/blockquote>\n Moreover, the foundation explained that neither Cronje nor Nell was a core developer at Fantom and that the entity itself was not involved in creating any of the 25 projects (including, most notably, Yearn.finance) in question. It appears<\/a> that in part due to the pair\u2019s departure, the total value locked on Fantom has fallen to $8.27 billion from $11.26 billion on Sunday, the date of the announcement. The blockchain has processed over 200 million transactions with more than 2 million active wallets since its inception.\u00a0<\/p>\n<\/div>\n