Thread by @wannabechamp

Yes, I’m fully aware of everything going on right now with Hammad and CK Capital.
This isn’t easy to say publicly, but it needs to be said.
I want to apologize — to Hammad, to the staff, to the tech team, and to the entire community.
🧵 Let me break everything down.

First — Hammad.
He was the COO of CK Capital, but in reality, he was the one running everything.
From operations to marketing, from giveaways to backend — he did it all.
He gave more than a year of his life to build my firm from scratch.

And what did I do?
I used him.

I overworked him. I underappreciated him.
I didn’t give him a proper reason when I removed him.
And now, I see how unfair and wrong that was.
Everything Hammad has posted is the truth.

He also helped me in personal ways — stuff he didn’t need to do.
But he still did it.

Out of loyalty. Out of trust.
And I broke that trust.
So Hammad — I’m sorry, genuinely.

Now let’s talk about how I ran this business.
Yes, “Mark” — also known as Dex — is actually Garrett Lykins.

He was previously the COO at My Funded FX and was also involved in the Funded Engineer situation.

And yes — I still chose to work with him, knowing his past.
He wasn’t even contributing properly in the beginning because I wasn’t paying him.
That’s on me.

I also did some shady stuff behind the scenes.
I merged my WFX brand with CK Capital — quietly and without telling the community.
I tried to make it all look like one ecosystem, but it was messy and dishonest.

Let’s talk about how I treated the staff.

Moderators, support agents — I paid them $100–$200/month.
That’s it. No benefits. No bonuses. No appreciation.
And I expected them to work constantly. That was exploitative.
Again — I own that.

As for my WFX course —
I’ll be real. It doesn’t offer that much value.

It’s not life-changing content. It’s not going to make you a pro trader.
If you bought it and feel misled, open a ticket — I’ll refund you.

Giveaways and firm collabs?
Most were fake.

The cash giveaways, the challenge accounts — many of the “winners” were actually people I personally knew.
I apologize to every single trader I misled with that.
I scammed you — and that’s the truth.

Let’s talk about the tech team.

These guys built CK’s infrastructure and tools — and we owe them nearly $30,000.
They kept going despite not being paid properly.
To them: I’m deeply sorry for how we handled this.

Now to the biggest issue — payouts.
Yes, there were 3-month delays on some payouts.

We didn’t have money, and instead of being honest, I asked Hammad to manage the chaos and handle clients.

Some payouts are still pending as of now.
But we are working to clear every last one.
Once those are settled, I want to be upfront — CK Capital will shut down.

There’s no point continuing after all this damage.

To the creators and firms who kept calling this out —
especially @PropFirmMedia, @tiltboybenny96, and others:
You were right to question us. I’m sorry for gaslighting or dodging it.

This is the end of CK Capital.

@PropFirmMedia @tiltboybenny96 To everyone who supported, traded, or believed in us — I don’t expect your forgiveness.
But I do hope this thread shows I’m taking full responsibility.
Thank you for reading.
– Dan Cheung