Thread by @WIP_DEFI

The #Metis files | Part 1: Follow the money | 3: Ooo its totally separate entities

Today we will show you that
1) $METIS is (one of) the founder(s) of Netswap
2) Netswap received $1.1m of the $2m in stolen BinaryDAO funds
3) Netswap's "main dev" = BinaryDAO's "main dev"

1/x

Make sure to first check the previous two "Follow the money" threads as well as @lilbagscientist threads in case you missed it.

https://twitter.com/WIP_DEFI/status/1633141230618959876

https://twitter.com/WIP_DEFI/status/1633916036264214528

2/x

We ended the previous thread explaining that $615k (of which $500k is still in the wallet) of the $2m stolen funds is fully controlled by a signer (0x8660579347374CB592A227fAe9f31a0782C91157) from the Netswap multisig.

Let’s dive a bit deeper.

3/x

We start with the @netswapofficial multisig.

Max, the Netswap “main dev”, explains that the multisig is controlled by 4 signers from the Netswap founder team.

metissafe.tech/metis-andromed…

4/x

As 0x8660579347374CB592A227fAe9f31a0782C91157 is one of the signers of the multisig, this means that (one of) the founder(s) of Netswap received $615k from the $2m in stolen funds from @BinaryDAO_fi !

5/x

The #Netswap multisig configuration is 2 out of 4. All transactions have been signed by the same 2 addresses.

All transactions, except for the latest, have the same creation and execution timestamp, which shows that both addresses are owned by the same person. Likely Max.

6/x

December 12 2020 the Metis Andromeda Deployer (controlled by Yuan Su, @thegoodboss2 ) created the official $METIS token on Ethereum:
etherscan.io/tx/0xfbd96c226…

7/x

@thegoodboss2 April 5 2021 the Metis Andromeda Deployer (/Yuan Su) transferred ownership of the official Metis token to 0x886d5203cE6EDc8BA719ea5931E689606e84492B

etherscan.io/tx/0xd7b4ab942…

This address is another signer of the #Netswap multisig and thus a founder of Netswap.

8/x

On top of that the address is one of the signers of a key multisig of the Metis foundation

app.safe.global/transactions/h…

This is clear proof that #Metis is (one of) the founder(s) of Netswap, which they continue to deny to date!

9/x

Time for the final address on the $NETT multisig: 0x2628e52b6a633bcf479c4bfd423cb8404effb497

This address received $0.3m of the $2m in stolen @BinaryDAO_fi funds and is owned by Kevin Liu (@kevinliub) or a close relation.

andromeda-explorer.metis.io/tx/0xf80bd64f1…

10/x

@BinaryDAO_fi @kevinliub The address was funded by 0xc5779AB95fc7C8B04c96f3431736F2455b0E6A1A, which:

- Was funded by 0x26ec4ff77df305d5a9a7660e046dd1c06ce517f6, the deployer of the #Metis CEG contract
- Received funds from Kevin Liu (0xabe26faee77419897090bc4c5a112d463443a662)

11/x

@BinaryDAO_fi @kevinliub - Received $1m from 0x138f6ce6f2067dadd4d091ea07206811806582ce, which was originally funded by Kevin Liu
- Has several other interactions with Kevin Liu and key $METIS addresses

12/x

So the @netswapofficial multisig signers, are the #netswap founders. Two belong to @MetisDAO and the other 2 to the Netswap "dev". They received $615k + $300k of the $2m in stolen @BinaryDAO_fi funds.

We are not done yet :)

13/x

@netswapofficial @MetisDAO @BinaryDAO_fi As promised in the first thread on March 7th, we would return to the “dev” of @BinaryDAO_fi , Liam0x who received $200k of the $2m.

It turns out to be the same person as the Netswap dev!

14/x

@netswapofficial @MetisDAO @BinaryDAO_fi A couple of hours after the first thread, he tried to cover his tracks by sending the ENS domains for his @BinaryDAO_fi and @netswapofficial alter ego's to different addresses.

opensea.io/0xbutcher/acti…

15/x

@netswapofficial @MetisDAO @BinaryDAO_fi That’s it for today. A lot to digest.

Stay tuned for more threads from @lilbagscientist and me.

You’d do us a great favor by interacting with the below tweet in order to increase our reach.

16/16

https://twitter.com/WIP_DEFI/status/1638564975869345792

Tagging
@oooitscrime who was inspiration for the title @otteroooo as a fellow otter fraud investigator