Every day on social media, we read many positive messages about projects such as Apollo Fintech, but there is also a dark side to the crypto world. Unfortunately, some people use unethical tactics to attack and discredit projects they don’t like.
Two people, in particular, Sultan Kassam (AKA Sultan Gold Inc, Fort Knox, and many more) and Danny De Hek (AKA The Crypto Ponzi Scheme Avenger), have been targeting Apollo Fintech and its billionaire CEO, Stephen McCullah.
This article will explore why these two are attacking Apollo Fintech, what tactics they use, how it impacts the project’s security and investment opportunities, and if these behaviors are legal.
Is It Possible to Understand the Motivations Behind Crazy Attacks on Apollo Fintech?
The motivations behind these attacks seem to be a mix of personal vendettas and financial gain. We do not have any definitive evidence and are not accusing anyone of anything here.
However, we noticed several weird tactics used by different people associated with the attacks.
For example, Sultan Kassam has been using his Telegram accounts to spread rumors and misinformation about Apollo Fintech and its CEO. You should know that Kassam directs three companies in the UK (as you can see here). How many business directors have time to set up multiple Telegram accounts and attack other projects?
It’s also worth noting that the person behind the attacks is not a blockchain developer, and he doesn’t have any technical knowledge about blockchain technology to the best of our knowledge.
On the other hand, Danny De Hek is a YouTube influencer who has been using his channel to spread fear, uncertainty, and doubt. This is the classic “FUD” technique. Without evidence, he has been using his platform to target Apollo Fintech and its CEO.
What Kind of Strategies Do Attackers Use?
Let us mention five of the most common tactics used by Sultan Kassam and Danny De Hek to attack Apollo Fintech.
- Spreading misinformation and FUD on social media – This includes making false or misleading allegations about Apollo Fintech, its CEO Stephen McCullah, and its products and services to create fear among potential investors.
- Posting negative reviews and ratings – The two have been encouraging their followers to leave bad reviews on platforms like Trustpilot, which can damage Apollo Fintech’s reputation.
- Launching “witch hunts” – They have been actively searching for any dirt against the company and its CEO.
- Organizing boycotts – The two have encouraged their followers to boycott Apollo Fintech products and services.
- Making legal threats – This tactic goes beyond just trying to damage the company’s reputation, as it involves making false allegations that could harm Apollo Fintech’s legal standing.
How Does This Affect Apollo Fintech in Terms of Security and Investment Opportunities?
Unfortunately, these tactics can seriously affect Apollo Fintech and its investors. The misinformation campaign can create fear among potential investors and decrease public trust in the project.
This, combined with the boycotts and negative reviews, could cause the price of Apollo Fintech’s tokens to drop significantly. This could result in a loss of investment opportunities for those who have already invested in the project.
Ironically, Kassam and De Hek can end up damaging the people they claim to be protecting by launching these attacks.
Are These Behaviors Within the Legal Framework?
The targeted companies are pursuing legal action against the people behind these attacks. Some laws protect companies from this kind of behavior, and it is possible for them to take legal action against those who have been spreading misinformation and FUD about them.
However, the ultimate decision lies with the courts. It is up to a judge or jury to decide whether the tactics used by Sultan Kassam and Danny De Hek have been illegal or unethical.
We believe that companies should be able to protect themselves, their investors, and the public from malicious actors who wish to damage their reputation and business operations. We hope that all parties involved can find a fair resolution soon.