Defi Crime Watch

i want all the smoke.

[Defi Crime Watch @deficrimewatch]

Thank you to everyone for all of the support especially @TokenBrice

I am fed up with this industry and truly despise it, there is so much crime, corruption, and negligence that goes completely unreported or people cannot speak about due to the politics of it.

I see things daily and I aim for this page to call out crime, shady practices, and negligence as unbiased as I can, with evidence even if that means going against popular opinion. I will say controversial things.

This page will be forward focused going forward as there’s plenty of crimes that have already happened.

Let it all burn.

[Defi Crime Watch @deficrimewatch]

@0xGuzzla @TokenBrice I have achieved PMF

[Defi Crime Watch @deficrimewatch]

Thank you to everyone for all of the support especially @TokenBrice

I am fed up with this industry and truly despise it, there is so much crime, corruption, and negligence that goes completely unreported or people cannot speak about due to the politics of it.

I see things daily and I aim for this page to call out crime, shady practices, and negligence as unbiased as I can, with evidence even if that means going against popular opinion. I will say controversial things.

This page will be forward focused going forward as there’s plenty of crimes that have already happened.

Let it all burn.

[Defi Crime Watch @deficrimewatch]

Makima is also excellent. They do miss a lot though on chain and especially so on knowing what goes on behind the scenes/VC sided with a lot of these frauds. They are primarily farming/curation focused although but they are also excellent and I do agree with majority of their takes.

[Defi Crime Watch @deficrimewatch]

@hell0men @MIM_Spell Yup moving it to cex and liquidating everything shows they’re dedicated to go through with it whereas prior it was speculation on whether they would steal it/hope they would do the right thing by holders

[Defi Crime Watch @deficrimewatch]

UPDATE : @MIM_Spell have officially stolen the millions of the mim backing it got from dumping and de pegging mim moving it through cex accounts.

They also were sure to liquidate everything else on the wallet to make sure nothing was left for mim holders.

🤡🌍

[Defi Crime Watch @deficrimewatch]

The @MIM_Spell team has stolen millions of dollars of MIM backing causing it to de peg;

In fact them dumping millions at 90 something cents is caused it as can be seen in the DeBank wallets linked below :

This comes after ex leadership including @danielesesta exited with stolen money in profit, and placed a dummy team to absorb remaining liability.

Let’s see if they do the right thing here or walk with the stolen funds.

https://t.co/FVj03yiexA

https://t.co/IRXeYrXMr7

[Defi Crime Watch @deficrimewatch]

@0xGuzzla @MIM_Spell Just crazy to see literal crime (stealing millions) in broad day with seemingly zero repercussions.

[Defi Crime Watch @deficrimewatch]

@SabretoothSG @SonicLabs @AndreCronjeTech The sonic team themselves now state, “these funds were always Andre’s personal funds not belonging to a treasury” and the original article I believe has now since been deleted.

[Defi Crime Watch @deficrimewatch]

For those who still haven’t caught on with this one Fantom transitioning into @SonicLabs was done so @AndreCronjeTech could steal the 200 million dollar treasury

(And try for multi chain claims most likely too)

[Defi Crime Watch @deficrimewatch]

Fund flows can be traced here for easy viewing

https://t.co/lnNCyP1FYr

https://t.co/HLTgMyQglI

[Defi Crime Watch @deficrimewatch]

@SabretoothSG @SonicLabs @AndreCronjeTech https://t.co/n6m3ISjmv9 original medium maybe deleted, but here’s a defiant article regarding the treasury

[Defi Crime Watch @deficrimewatch]

Benjamin of @CapApp rugged the funds that were in the Mai treasury backing Mai and let it go to 0

There was enough backing for 30-40 cents on the dollar, of which this was personally taken and profited.

[Defi Crime Watch @deficrimewatch]

In the past the fantom foundation held a ~200m treasury- the reason they transitioned to a new chain rather than using the old one was when users transferred they signed away their rights to fantom treasury and they diluted the holders by adding additional tokens as well.

@SonicLabs now claims this money was always @AndreCronjeTech personal funds

To be clear this treasury was gained from dumping millions of dollars of fantom tokens on bag holders heads.

[Defi Crime Watch @deficrimewatch]

@OuroborosCap8 Very fair take

[Defi Crime Watch @deficrimewatch]

There’s almost 4B emitted per day rn / ~130 days left in the season with 170B existing this means on a low end (more yts will be minted) on a low end assume 650-700B points at end/ assume as seed rounds vested and sells val drops to 200m I think this is the most likely scenario but it can get way worse, it is a risk

[Defi Crime Watch @deficrimewatch]

@wycf_show @CapApp @Benjamin918_ Lol

[Defi Crime Watch @deficrimewatch]

Benjamin of @CapApp rugged the funds that were in the Mai treasury backing Mai and let it go to 0

There was enough backing for 30-40 cents on the dollar, of which this was personally taken and profited.

[Defi Crime Watch @deficrimewatch]

@CapApp @leviathan_news What happened to the last stablecoin?

[Defi Crime Watch @deficrimewatch]

Benjamin of @CapApp rugged the funds that were in the Mai treasury backing Mai and let it go to 0

There was enough backing for 30-40 cents on the dollar, of which this was personally taken and profited.

[Defi Crime Watch @deficrimewatch]

@TokenBrice @0xl3th3 Mims a rug

[Defi Crime Watch @deficrimewatch]

The @MIM_Spell team has stolen millions of dollars of MIM backing causing it to de peg;

In fact them dumping millions at 90 something cents is caused it as can be seen in the DeBank wallets linked below :

This comes after ex leadership including @danielesesta exited with stolen money in profit, and placed a dummy team to absorb remaining liability.

Let’s see if they do the right thing here or walk with the stolen funds.

https://t.co/FVj03yiexA

https://t.co/IRXeYrXMr7

[Defi Crime Watch @deficrimewatch]

Benjamin of @CapApp rugged the funds that were in the Mai treasury backing Mai and let it go to 0

There was enough backing for 30-40 cents on the dollar, of which this was personally taken and profited.

[Defi Crime Watch @deficrimewatch]

@D2_Finance @hyperithm @AccountableData They have averaged over 20% every year of their existence you have no idea what you are talking about with all due respect