Thread by @rugpullfinder

Over the past three months we've been tracking and investigating a group of #NFT projects which were brought to our attention after collectively making over 40,000ETH from their communities, not including royalties, rinsing and repeating the strategy across multiple projects 🧵

2/This is the first part of our investigation, an extension of the work done by @RugBustersCO - For reference, and to learn more about the parties involved and Discord activity- please take a moment to read this medium article -
medium.com/@kryptiloid/va…

3/When this piece dropped, over 10 of these projects reached out to claim that it was impossible that their project is connected to other projects. Let's dive in:

4/As mentioned in the medium article, Vasco Rouw, known from VascoGames and themillionairesclub.nl created @Strong_Ape_Club, a confirmed rugpull by our team on March 20th.

5/Vasco and his crew then bankrolled the creation of a plethora of projects - launching new project after new project, and subsequently draining the majority of liquidity, before rinsing and repeating.

6/Using @blocksearch software to track $ movements, it became evidence that these projects are connected to each other by multiple parties (VCs, devs, and some even “founders”). Core to the dev work of these large scam projects - OmicronBlockchainSolutions

7/OmicronBlockchainSolutions (OBS) was used to write a large majority of these projects contracts, identifiable in their code. OBS deployed 90% of the projects below.

8/OBS webpage, up until the release of the medium article, bragged of the projects they've worked on. Using archive.org, we can see what it originally looked like (omicronblockchain.com) and the projects they bragged about making millions of $$

9/Using the company name and email provided we were able to identify the person listed as the contact ([e-mail]) as Komninos Chatzipapas, a Greek national. (The blacked out name is a person not attached and just pulled from the search)

10/All of these projects will acquire lots of ETH, move it through multiple wallets before being transferred into exchanges such as @binance , @krakenfx and @coinbase . New projects are started and the process is repeated. The attached @blocksearch graph from @galyverse

11/This attached @blocksearch graph proves a number of the listed projects paying into the OBS wallet (larger graphs have been made but only snippets of each are shown for simplicity and ease of reader). This is just the tip of the iceberg

12/Here is another @blocksearch graph (bottom half) used to identify funds movement, this one specifically shows @TThugsNFT , @PrimeApePlanet , @TheSpaceBulls , @AlphaKongsClub , @Shibaclubnft, @party_ape_bc -

13/This is the top portion of the graph mention in the last message showing connections between @Strong_Ape_Club , @naughtybapeclub, @KittyCryptoGang, @galyverse, @Crypto_Bull_NFT, and @KongPlanet

14/The following @blocksearch graph we created to show the full complexity of money movement, though scaled down for readability. Due to its’ size and other parts of the investigation still active, more information on this will be released at a later time

15/Hundreds of millions of dollars has been taken from good people looking to invest their hard earned money in hopes of future returns from the mentioned projects - in reality, it is funding a group who wants nothing more than to feed off the holders and fund their pockets

16/To make it clear, all of these projects have been confirmed as rugpulls:

@naughtybapeclub
@galyverse
@Shibaclubnft

17/ Projects confirmed as rugpulls:

@PrimeApePlanet
@KongPlanet
@KittyCryptoGang
@AlphaKongsClub

18/Projects confirmed as rugpulls:

@TThugsNFT
@party_ape_bc
@DigitalApeClub
@TheSpaceBulls

19/Projects confirmed as rugpulls:

@Supremekongnft
@behype_nft
@Crypto_Bull_NFT

20/Projects confirmed as rugpulls:

@metapenguinsnft
@MetamooseMTMS
@Grumpy_Pandaz

21/We are working with both private intelligence groups and proper federal authorities to hold those responsible accountable for their actions. Stay vigilant friends and family - if it seems too good to be true, it most likely is. #NFTCommunity #NFT #rugpull

22/If you would like to report a potential rug project, please use this link - linktr.ee/rugpullfinder

23/ We do want to let everyone know that for some of these projects, namely
@Crypto_Bull_NFT
@metapenguinsnft
@xmoosenft
the community has stepped up to take control of these projects to push them forward