According to EthereumWorldNews news, on July 3, Reddit user "_otasan_" posted that ChainLink (LINK) transferred 700,000 LINKs from dev wallet and eventually transferred to currency security. This post caused an uproar on Reddit. Skeptics followed, most of whom accused ChainLink CEO Sergey Nazarov of carefully crafting a perfect "pump and dump" scam. As the user Godzilla453 said: "This looks like a classic case… first use the fake news to promote the pull, and then quit before the truth. This should be no stranger."