$VRA and $PLRL - I am sure some paid shiller, like Erwin and @ryptocrypto will soon be talking non stop about how great the team is. $VRA Holders can make sure investors know the truth. Maybe $PLRL investors will not stick their heads in the sand like $VRA holders did. @verasitytech
$VRA
I've let that topic cool down over the last week, as there wasn't much to say, but after looking again and again at all the metrics and what happened, it's hard to wrap your head around what they're truly doing with this project.
What we see on-chain is basically the team minting billions and billions of new $VRA and sending them in batches of 600M to exchanges such as Gate.
They then withdraw $USDT only from those exchanges, which gets deposited into their hot wallet.
They gather millions of it, and from time to time, they send big batches—like 2.5M $USDT or 5M $USDT—always in $USDT to the B2C2 group.
B2C2 is a leading crypto-native liquidity provider across market conditions for institutions globally.
So, in simple form:
Mint tokens
Send to exchange
Withdraw millions of $USDT
Send to B2C2 wallet
Now, the team confirmed the CS is not 9.3B—it's like 93B, so 10x higher.
They didn't split the token and give 1:10 to holders; we can only assume it's for their own pockets at this point.
Add to this a complete silence from them, so it doesn't help.
If someone has another theory, I'm very open to seeing other points of view, but I'll drop a few on-chain screenshots of what's I've noticed.
@verasitytech
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