The $FWDI $4.2B Move: Kyle Samani's Shift is a Major Sellout

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mr_byteMember
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#1Jun 20, 2024, 08:42 PM
The $FWDI $4.2B Move: Kyle Samani's Shift is a Major Sellout Amidst the Iran Situation With Operation Epic Fury ramping up and the Strait of Hormuz becoming a hotspot for trade disruptions, the so-called "Solana Cartel" has officially waved the white flag. A detailed 54-page report (fartdust.xyz) has laid bare what's going on with Forward Industries ($FWDI). It’s clear that those behind Solana have ditched the "People's Network" for a more traditional rescue plan. Here’s why $FWDI represents the ultimate "Sell Out" of the Web3 age: 1. The $FWDI Shell Game (From Case-Maker to Cartel) They didn’t create a new venture from scratch; they took over a struggling medical case manufacturer (previously $FORD) to dodge SEC oversight and shove a "Solana Treasury" onto the Nasdaq. Kyle Samani, the chairman, called this $1.65B acquisition a "Blitzkrieg" (Timestamp 00:00:28), openly admitting that the so-called "Dream Team" (Multicoin, Jump, Galaxy) moved money before the contracts were even signed. 2. Geopolitical Cowardice: The Iran "Exit" As tensions between the U.S. and Iran push oil prices above $112, highlighting the need for decentralized, censorship-resistant systems to safeguard global wealth, Samani has revealed he’s lost faith in them. In a deleted post from February 2026, he stated: The Betrayal: He marketed Solana as the "World Computer" to ride out state-level turmoil. Now that the turmoil is real, he’s turned to $FWDI a centralized, Nasdaq-regulated entity that caters to Wall Street and the SEC, not to the community. 3. The $4.2 Billion "Extraction Machine" The forensic report...
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