This one is a spicy account of one of the biggest FRAUDS in crypto EVER, that rarely gets talked about in the media, while its authors roam free
How $WAVES , @viresfinance and @sasha35625 Rugged users NOT 1, NOT 2, but SEVEN TIMES on their SCAM Chain, a thread 👇
1/
Rug #1:
@viresfinance was launched in 2021 and quickly became the major $WAVES money market, attracted nearly $2B of capital at its height
Everyone was still coming off the crazy yield farming days and the yield offered was very attractive, looked like a decent opportunity
2/
What was going in the background was far more serious. It turns out that someone was behind the scenes borrowing all $USDT / $USDC on chain with $USDN collateral (their algo stable) , and consequently sending it to exchanges to buy $WAVES and pump the price
Not the biggest fan of BAYC, but the nazi conspiracy theory that has been circulating for months is honestly hilarious
It was started by some schizo artist turned influencer @ryder_ripps who does cashgrab projects as some form of weird performance art and has some weird past
Philion the youtuber aka @thirdeyeoftruth released a 1h hit piece video about it to his 700K subs, turns out in the end it's some covert shilling for ryder's copycat RR/BAYC NFT collection
As is every other project by him, that mf is srsly the most unhinged person on this app
Let's not pretend this isn't a massive publicity stunt for his silly projects. This guy basically makes a living out of saying and doing controversial shit
This is the RR/BAYC collecting contract.
0xEE969B688442C2d5843Ad75f9117b3ab04b14960
Now that I have your attention, Punks are getting a new Brand Lead @NonFungibleNoah , not without hiccups, as they've surged in volume and price (before this was public)
I did the research on last 48h buyers so u don't have to! 1/
@NonFungibleNoah 2/
Punks went from 200 to 4K $ETH volume in a few hours and this was 24-48h before the announcement for the new punks brand lead was made public
It was the highest punk volume trading day of the entire year
It appears some insider friends got the memo here
@NonFungibleNoah 3/
From 17th june to 19th, these were the top Punk buyers
First address is @punksOTC punksotc.eth
It's normal to appear at the top as a lot of punks apparently move through them