Discover and read the best of Twitter Threads about #Substratum

Most recents (2)

1/ After examining #Substratum's #BCH and #LTC crowdsale wallets and finding major discrepancies, I decided to take a look at the #ETH wallet. For reference, Substratum reported 17,778.25 ETH were collected during the ICO process.…
2/ After compiling all of #Substratum's crowdsale wallet into a spreadsheet, I identified the tx below as the first crowdsale participant who received 55,000 #SUB in exchange for 10.1 #ETH.…
3/ Similarly, I was able to identify the address below as the last participant in the ICO. This wallet received a whopping 122,202 #SUB in exchange for 12.220246405 #ETH. Why this wallet received ~10,000 SUB/ETH? I don't know.…
Read 21 tweets
1/ #Substratum's whitepaper states that it received 602.1433 BCH during ICO. However, the BCH contribution address...


...reveals that 1304.26123096 BCH was received and subsequently sent off to a very large wallet (probably an exchange). #SUB
2/ 702.11793096 BCH are unaccounted for. Following the ICO, the "lost" #BCH was worth ~$295K. A few months later, it was worth $2.7M. Considering #Substratum's #ETH holdings are down to ~$1.2M, these misplaced funds would be very helpful right now.
3/ I just want to know where this 602.1433 BCH figure came from. The wallet address clearly shows a much higher number. Why lie about it? A similar "error" can be found between the quoted LTC amount in the whitepaper and the actual amount received in ICO as well. #Substratum #SUB
Read 6 tweets

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