Thread by @ynieto25

*An Alleged 🧵*
While investigating the $AMC tokenized stock #FTX on the blockchain, I found multiple $AMC tokens, but one seems to have ties (Allegedly) with #FTX.

Link to the smart contract creation hash: etherscan.io/tx/0x279e8f52e…

The token is called: FTX Wrapped AMC Token Holders.

It is a Weighted AMC-ETH Pair that can be found on Uniswap: v2.info.uniswap.org/pair/0x16b24ae…

The top holders include #FTX, #Binance , #AlamedaResearch, #GenesisTrading, Mark Cuban (0x293ed38530005620e4b28600f196a97e1125daac), and others.

Initially, when the smart contract was created on Jan-27-2021 10:17:47 PM +UTC, 525,000 of these tokens were created and distributed to exchanges.

Right after distributing the tokens, 25 ETH were added as liquidity for the 525,000 tokens, and the initial 525,000 tokens were retrieved. The contract creator removed 13 ETH liquidity and kept 252,432 of these tokens to distribute.

link: etherscan.io/token/0x801427…

While some of these exchanges never bought this token, there were others that did. Such as Alameda Research, Binance, Genesis Trading, and others...

link:
etherscan.io/token/0x801427…

In the end, the owner of the smart contract rug pulled (cashed out) about 430 ETH and kept 7,709 tokens on Jan-28-2021 12:07:51 AM +UTC (2 hours after creation).

link: etherscan.io/tx/0x8a0612f4e…

Based on Mark Cuban’s response, these tokens could have been sent to them, so we aren’t sure who actually bought them

https://twitter.com/mcuban/status/1592362197984108548

In conclusion, my own thoughts, it’s very hard to make any connections to FTX or others since these tokens could have been sent to them.

The owner’s motive looks like it was to rug pull because they sent the ETH through Tornado Cash.