If eating chicken is considered a luxury, if drinking bottled water is considered a luxury, and if grabbing a meal at a fast-food restaurant is considered a luxury, then something is fundamentally wrong. These are ordinary things in many parts of the world, not symbols of wealth. Nigeria has to get better. We cannot continue like this.
@emilios_eth@waleswoosh That assumption would be right especially because no one invests millions of dollars into a project and let's someone runs off with it without a way to get their money back
Teams farmed their own airdrops, vested the community airdrop just to pump, dump and exit at TGE, dumped their charts and claimed it was a hack, some have no plans to TGE anymore... All in this cycle
All these and there's no scapegoat for any of the crimes committed
It seems team linked to @fhenix had dumped 10M secret:native tokens on CEXs like Binance and Kraken - worth $6.6M that time and around $100M at ATH
also around $28M OTCed via galaxy digital
@SecretNetwork was a past failed rebrand of ENIGMA MPC : both launched by the FOUNDER of Fhenix - that experienced several manipulative OTC and CEX token dumps by the team in the past
(which 99.9% of their t3 shillers/affiliates are unaware of)
a little context first :
in 2017 GuysZysKind (fhenix founder) launched Enigma MPC and raised 45M from presale, later in feb 2020 US securities imposed them $500k penalty for conducting an unregistered sale
ultimately team decided to shutdown and launched a rebrand project - secret:native
now large quantity secret:native token dumps by team causing harm to community and holders :
ECOSYSTEM WALLET :
secret1dcn8a9t5r7meas37ra2qgtr6rqae997u3x3lpl
1/ :
started sending out scrt tokens in different clusters to another scrt labs osmosis address :
osmo1xj9ex9nrmp0llf6r6w7h07cw3d9d0nd7vnjtn7
which in turn started depositing to address :
0x9D4220414220dBB58A53594EEe952DD1e06a30a4
via multiple clusters and upto $13.8M+ were sent to this address which were ultimately sent to Galaxy Digital OTC EOA to settle backdoor otc deals :
0x33566c9D8BE6Cf0B23795E0d380E112Be9d75836
2/ :
osmosis address (osmo1x...jtn7) is linked to another galaxy EOA :
0x0052EEDEE9a18aA795Ac97f90d5583CcF8c16594
and upto $2M+ were ultimately sent same above Galaxy digital OTC EOA (0x335...836)
3/ :
a third galaxy deposit address :
0xf2A13852bcD29e5fBe2cc2CD89053A008960EEc6
started receiving funds upto $12M+ funds from a wallet linked to another scrt labs osmosis address :
osmo1vx3wy8g4xgkn46fduj9zwuznagxxfl82drlw9c
which again was linked to first above osmosis address (osmo1x...jtn7) linked to ecosystem wallet
ultimately totalling $28M funds OTCed all from Ecosystem linked wallets
NOW CEX dump :
1/ :
scrt labs grants wallet :
secret1x4e3ftk855xzwcsfx9tzdpfsr3244j86ey0y0f
started sending out tokens in to multiple addresses like (secret1pv...w0ef) which later deposited 420k secret:native tokens worth $4M at ATH to kraken deposit address :
secret1nm0rrq86ucezaf8uj35pq9fpwr5r82cl94vhug
which in turn another 1.3M scrt tokens from another scrt labs delegation linked address (secret1aftk.....nkkk9)
totalling ~2M tokens to kraken deposit address
2/ :
another binance deposit address :
secret13fh085csr7w7e866r402cqa9xp42trsch7w269
received almost 11M+ tokens from multiple addresses linked to delegations
note : both instances occurred during 2023-2024 (time when Fhenix was launched and started growing)
roughly 3years of scrt launching their own token
ultimately it was community and holders who faced the dump losses even after supporting the team
yesterday i did a subtle tweet where i mentioned how team was under-paying some creators (not everyone) aswell but the point was to highlight Fhenix team not favouring community at TGE
since founder has history of overlooking community and dumping tokens via otc and CEX from past failed projects
but suddenly an army of NPC affiliates started quoting and disclosing their rates and paid partnerships (which most of them had not in their earlier paid posts)
on scrolling their accounts i found :
most of them had no knowledge about crypto and were referred friends for kol deals, posting irrelevant content/selfies/partying videos/dating advices and tagging fhenix like inf0fi farmers used to do
also i was alreadyt bearish on this p cuz the infra fhenix is working on and FHE stacks already topped with ZAMA
stay smart
signing off
repost more fellow creators. share their best work. take time to watch their stuff. only say something if you have something to say. be honest. protect your time and energy. celebrate others win. make $$$ as a consequence of you creating value for people.
this is how we win.