Nostrassets responds to fraud allegations: aimed at helping Lightning Network and Nostr establish business use cases

2023-12-04 10:18:30
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ChainCatcher news, Nostr protocol founder fiatjaf tweeted that Nostrassets is a fully managed service that uses the Nostr name, and is an affinity scam. Nostrassets has no relation to the Nostr protocol itself, merely borrowing the name Nostr, and users should not deposit any sats into this platform. The token named Nostr issued on the Nostrassets platform is 100% a scam and has no connection to the Nostr founder or team.

In response, NostrAssets stated that the accusations lack basis, and that managed solutions should not be misunderstood as fraudulent, as many L wallets (including Satoshi's wallet) provide users with managed wallets to use the Lightning Network. Furthermore, NostrAssets clarified that the upcoming $NOSTR asset has no relation to the core developers of Nostr, and that NostrAssets utilizes Nostr, Taproot Assets, and Lightning in its construction, making it related to Nostr.

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