.

could be

[cod3r.ai @cod3rAi]

We are pleased to announce that another Stealth Revenue Buyback has been successfully executed👌

The tokens will be utilized for their designated purposes, once a specific threshold has been accumulated, they will be locked for a period of 10 years.

Wallet: https://t.co/CH9idgLWEs

[cod3r.ai @cod3rAi]

New update just dropped - and we're pretty happy with how it turned out.

Profile pages are now live on COD3R.

You can set your display name, write a bio, add your website or socials, and have your own public space on the platform. If you're building projects and want people to find you - or selling apps, templates, or your skills - your profile is where that all lives now.

But that's not the only thing that changed.

The whole dashboard got a refresh. New layout, cleaner design, everything in one place. And if you look on the left side - you'll see a few things coming soon.

Integrations we're working on to make building faster and more powerful. Image Generator, Video Generator and much more.

This update is part of making COD3R feel less like a tool and more like your creative home base.

Go check it out and set up your profile 👇

https://t.co/LsRveDh2yQ

[cod3r.ai @cod3rAi]

Video Guide is live.

Learn how to build an app from scratch on https://t.co/UFGf1n6gyI -
Planning Mode, Development Mode, fixing errors & more.

Everything you need to get started.

Want to see how the ecosystem actually works? We’ll be dropping guides, video updates and exclusive teasers on our YouTube channel. Go ahead and hit that subscribe button to stay in the loop, it’s a huge help for the project right now!

https://t.co/6FUXehNZcC

[Bullish Bear🎭 @BullishB34R]

Full supporting long term $DFNDR dev here, dont be surprised to see #COD3R at millions soon.

Remember that DFNDR run to 30M while market was shit. Cod3r sitting at 300k mc..

https://t.co/Vz9Bsi1leR

Zoom out.

[cod3r.ai @cod3rAi]

We are thrilled to announce a new update to the COD3R platform.

We have officially launched our Showcase/Gallery page, creating a dedicated space where users and developers can share the projects and applications they have built.

This update also introduces a new rating system, the ability to add detailed project descriptions and an option to share your original prompts with the community.

Please note that all applications created on our Free plan are now automatically published to the Showcase. Users on Pro and Ultra plans, however, grant full privacy control, the choice to publish your work or keep it unlisted is entirely in your hands.

Additionally, we have successfully resolved several minor bugs, including payment and cancellation errors, to ensure a seamless experience for everyone.

You can find these new features and explore community creations under the Showcase tab in your dashboard menu.

https://t.co/f8bSptnaRv

[cod3r.ai @cod3rAi]

Dear Cod3rs,

We are excited to announce that the COD3R smart contract audit with @SolidProof_io is officially complete.

Security and transparency are the core foundations of everything we build and this successful review marks a significant milestone in our roadmap as we accelerate toward the next phase of our ecosystem.

We remain committed to technical excellence and long-term stability for every participant in our network.

You can explore the full report and all technical details via the link below 👇🏻

https://t.co/bbWhEHXgLc

[cod3r.ai @cod3rAi]

The demand for AI-driven development is exploding. We see incredible platforms generating massive revenue, proving that the world is ready to build at the speed of thought. But as the industry grows, we noticed something missing: Sovereignty.

At COD3R, we aren't just building another tool, we are building a bridge for those who value their privacy as much as their time.

The "Outcome" Experience
Most AI tools give you code. We give you a live product.

We’ve removed the friction that stops 99% of founders:
- No DevOps, no terminal, no hosting headaches.
- Describe your idea → AI builds it → It goes live.
- We focus on the outcome, so you can focus on your vision.

True Web3-Native Philosophy
While others adapt to Web3, we were born in it. This isn't an afterthought, it’s our foundation:

- Your Wallet is your Identity: No emails, no KYC, no personal data harvesting.
- Borderless Payments: Pay with USDT/USDC on Ethereum, Base, or BNB Chain (more to come). No credit cards, no banks, no limits.
- Global Access: If you have a wallet, you have a seat at the table. No geographic restrictions.
-No Arbitrary Caps: Build as long as you have credits. Your flow shouldn't be interrupted by daily limits.

A Shared Success Model:

The $COD3R Symbiosis
The AI market is huge, and we are here to take our slice of the pie - but unlike legacy platforms, we share it with our ecosystem.

The $COD3R token is the heart of our platform’s circular economy:

- Self-Sustaining Growth: Every transaction (3% buy/sell tax) feeds our treasury, funding continuous development and marketing without needing VC rounds.

- Real Demand: Platform revenue from subscriptions and credits flows back into the ecosystem through open-market

- Community Rewards: We are rolling out holder discounts and $COD3R-funded Buildathons to reward those who build with us.
As the platform grows, the value flows back to the holders. One feeds the other. Always.

Building for the New World
Credit cards are the past. Sharing your personal data just to pay for a SaaS tool is the past. We believe the future is faster, borderless, and significantly more fun.

The app builder is just our first step. We are creating an entire suite of Web3-native tools for the creators, the founders and the dreamers who want to build without permission.

First mover. Shipping daily.

👉 https://t.co/LsRveDh2yQ

[Spaxter @Spaxter_Chad]

Greedy devs launch when they can max extract.
The good ones launch when nobody’s paying attention on-chain.

Built this Pac-Man game myself with $COD3R free in ~20 minutes. Just prompt → live product.

Still hoping for a slightly better entry to DCA, currently #COD3R is sitting at 400k.

[🥷Kenzo🥷 @Kenzo13RO]

I know many of you traded only one ETH back in the days, when we had good devs and volume there.
#COD3R is exactly what we actually need on ETH , one of the most honests devs i know, together with a group of chads that work non stop for their bags.
If you want those days back, where you actually have a good project running by a good team, with no bundles, ultra snipes and God knows what else made that chain badly, then $COD3R might be the one to look at.

The utility is dope, a guy i know literally programmed with the app a game in 30 minutes, and he did that with the free trial, not with the Ultra Package.

[Bullish Bear🎭 @BullishB34R]

Nice floor here, buying the $COD3R dips on the blue box.

https://t.co/Vz9Bsi1leR

[cod3r.ai @cod3rAi]

What if you could just simply connect your wallet and build anything online just by describing it?

That's exactly what https://t.co/LsRveDh2yQ does and it's already live.

AI-powered. Anon. Web3-based. Zero code required.

We're also working on a full beginners guide, so no one gets left behind

Watch the trailer

[DeFiPawn @DeFiPawn]

It’s been pretty dry lately.

After months of nothing interesting, #COD3R finally brings something fresh.

This is the first launch in a while that actually caught my attention.

[🥷Kenzo🥷 @Kenzo13RO]

Back in 2024 i called a coin on X when i had around 500 followers. That coin was called $DFNDR and it went from 40k to 30 mil.
Simply because the dev was one of the most trustworthy guys, all organic with no paid bullshit.
Now, 2 years later same dev launched again a new project called #COD3R or $COD3R , aped a bag in it, since if its something i like the most is to ape a coin that i can sleep on it, without being worried im gonna get rugged overnight.
https://t.co/PbyaTaGjpN is a Web3-native AI platform that turns your ideas into fully functional web applications - no coding skills required.
You describe it, COD3R builds it.
Website: https://t.co/3hmdOcdrRv
X: https://t.co/Kumr1MT8pc

Around 300k now, worth to watch it.

https://t.co/jxRJkVAJao

[cod3r.ai @cod3rAi]

$COD3R IS OFFICIALLY LIVE!

We are proud to announce that $COD3R has successfully launched on the Ethereum Mainnet. This marks the beginning of a new standard in the Web3 space, engineered for sustainability, transparency and real execution.

https://t.co/LsRveDh2yQ is a Web3-native AI platform that turns your ideas into fully functional web applications - no coding skills required. You describe it, COD3R builds it.

Website: https://t.co/w9a56SnDAv
X: https://t.co/pbT6oq6EQS
TG: @cod3rAi
Docs: https://t.co/aKynrbQ6KE

CA: 0x5f0ce6272c00e2632bce3216de92270714f7be74

[Bullish Bear🎭 @BullishB34R]

Keep an eye on $COD3R and find your entries. $DFNDR dev 30M ath, dev is giga chad with good conections expect a good run.

Ill do a thread later about the project🔥

THE WORLD'S FIRST WEB3 AI APP BUILDER.

We are proud to announce that COD3R has successfully deployed on the Ethereum Mainnet. This marks the beginning of a new standard in the Web3 space, engineered for sustainability, transparency and real execution.

https://t.co/VYZtZkaLFI is a Web3-native AI platform that turns your ideas into fully functional web applications - no coding skills required. You describe it, COD3R builds it.

Socials:

Website: https://t.co/YDKFofQLfT
X: https://t.co/m8CdW6otcN
TG: @cod3rAi
Docs: https://t.co/rc4IGTD5Q0

Contract Address (ETH)
0x5f0ce6272c00e2632bce3216de92270714f7be74

[Max @muststoprugs]

THE @MorphwareAI SCAM! 🚨🚨🚨🚨🚨

Before you start reading. Like, retweet and bookmark please. This needs to be seen everywhere!

I stayed quiet for a long time, but people deserve to understand what happened around Morphware and why so many holders lost money.

In my opinion, Kent Trabing, also known as Kenso Trabing, ran one of the most deceptive crypto operations I have ever been close to.

I know this because I worked directly with him.

I was lead of marketing for Morphware from December 2024, with two short breaks in between when I stepped away. I came back because I genuinely believed this was a real infrastructure project and not the kind of project that would collapse like this.

Looking back now, the red flags were there all along.

At the time, I gave the project the benefit of the doubt. Startups make mistakes. Delays happen. Communication can be messy.

But this was not normal startup chaos.

This was something much darker.

Before I continue, I want to be clear about one thing.

Everything I am saying can be backed up for authorities with screenshots, screen recordings, messages, and supporting material. Also, information that was supposedly under NDA was repeatedly shared by Kenso himself with many other people in private messages. A large part of what was treated as confidential was already being circulated by him. That is one of the reasons I am speaking now.

My journey with Morphware started in December 2024. I was an early buyer and wanted the project to succeed. And like many people in crypto know, when you have influence, you also try to help your bag perform better.

So where did it really start going wrong?

For me, the first major warning signs came in April during the so called 30 days of alpha campaign.

I quit on day one of that campaign because it was obvious to me that it was not real alpha. The story being told publicly did not match what was actually there.

Around that time, Kenso was heavily implying that Morphware had signed major global brands like Nike, Jordan, Volkswagen, Porsche, Honda and others.

He posted a photo of himself in front of a wall of branded shirts, creating the impression that he had secured major partnerships. The messaging around it, including references like Just Do It, was clearly designed to make people believe these brands were now clients.

Later, I received screenshots from people who did basic research and found that the same setting was connected to Zavidoro, a Paraguayan importer and distributor for international brands entering that market.

That changed everything.

It appeared that Morphware had not signed those major brands directly at all. What existed were AI pilot discussions or small experiments through a distributor, not direct high value brand partnerships as the market was led to believe.

That is also why announcements were always phrased carefully around meeting a representative of the brand.

In hindsight, that should have been a huge warning sign.

Then came the tax and treasury mess.

At one point, the team told the community that the project had not raised 7.8 million dollars, but only 5.8 million. The explanation was that they had swapped collected ETH near the lows because they needed funds, supposedly for a 1 million dollar miner order.

But in reality, that order was reportedly canceled, and only around 40 miners were ordered instead of the 200 plus miners people had in mind.

There was no transparent update.
There was no honest explanation.
There was no clear accounting of where the money really went.

The story kept changing, and the community was expected to just accept it.

By June, the token price had crashed back toward 2 cents. Around that time, I got pulled back into the project after an argument on X about the team not even locking their own tokens.

Kenso contacted me directly, and we spoke about reviving the project. I made a new marketing proposal based on ideas I had already shared before but never got approval for. That is when I signed an NDA and got pulled back in to help rebuild sentiment around the token.

I genuinely believed there was still something real underneath the mess.

That is where the famous 08 narrative came in.

Based on the information I was given, I created a riddle campaign with hidden clues about Morphware’s future. The most important clue was 08, which pointed to 08 08 2025.

I was told the contracts were signed.
I was told the deal was locked.
I was told nothing could stop it.

This was presented to me as a deal that would drive around 0.8 BTC per day into buybacks. That kind of number would obviously make anyone bullish if they believed it was real.

Then 08 08 came and nothing happened.
There was a delay.
Then more delay.
Then more excuses.
And later it became clear that the signed deal story was never what it was made out to be.

I was also told stories about major backing from the UAE, royal family involvement, and expansion plans that would make Morphware huge in Paraguay. But when I asked for the material I needed to market those claims properly, it never came.

No proof.
No documents I could use.
No clarity.

Just more promises and more future talk.
Another major narrative was the Strategic Bitcoin Reserve angle for Paraguay, with Morphware allegedly tied to huge mining plans involving 30,000 miners.
Again, the story spread widely. And again, I later found out that Kenso had been sharing variations of this information with many people privately.

That mattered for one reason.

When you leak exciting inside stories to a wide group of buyers, you create hype.
When people buy based on that hype, someone on the other side can sell into it.

That is exactly what this started to look like.
At one point, after pressure from the community, the tax was finally removed. This only happened after a huge amount had already been collected through taxes.
Even after that, new seed wallets kept appearing and selling. At first, we thought it might be Andrew Eddy. Then we were told it was him. Then later we were told it was someone else connected to the project since 2021.

The explanations kept changing depending on the day.

That alone should tell you enough.

Then Q4 came and went.

All the big news that was used to keep people hopeful kept getting delayed again and again. The 08 story was pushed back once more, this time because some AI bill supposedly had to pass first.

By then, communication had collapsed again.
The moment the tax was off and retail trading no longer directly fed the machine, Kenso and Khurram faded further into the background. Community communication got worse. Transparency got worse. And trust kept eroding.

Then I tried to help one last time.

I gathered whales and helped organize a 152,000 dollar miner order, with the clear condition that Kenso would place the order quickly and provide proof.

He agreed.

Then the delays started.

Five days passed.
Still no order.
Then we were told the order had been canceled because they thought they could get more miners another way.
A few days later, the proof shown on X was not an invoice, but a letter claiming 31 miners had been ordered.

That was a massive red flag.

From everything I later learned, miners like that are generally shipped fast, which made the cancellation story sound highly questionable. To me, it looked like the market and the whales had once again been sold a story that did not line up with reality.

After that, I proposed a new token structure that could have actually helped the project survive.

My proposal was simple.

50 percent for buybacks and burn
25 percent for LP
25 percent for treasury

That would have supported price, strengthened liquidity, and still given the company working capital.

It was rejected.

Why?

Because the treasury share was too low.
The team wanted more money.
That told me everything about priorities.
Then came the supposed 40 million dollar energy resale deals.
This was another huge narrative pushed into the market. After the announcement, I was suddenly no longer allowed to talk about it. I was told it was too political and sensitive.

Then, two months later, I received leaked screenshots showing that those energy deals were already off.

Think about that for a second.

I was the marketing lead, yet I was not informed that one of the biggest narratives I had been helping push was apparently dead.

That raises a very serious question.

Were those deals ever real in the form they were presented to the public?
Because if they were real, why keep your own marketing team in the dark?
After that, things unraveled quickly.

The parcel idea came next, where the project wanted to raise 4 million dollars around land and infrastructure concepts that, in my opinion, made little practical sense. Both me and Ugluuk advised against it.

It happened anyway.

Then came the BSC move with advisor Simon.
Again, we advised against it.
Again, it happened anyway.

At that point, we could no longer support the direction of the project. I publicly said I stepped away because they were moving in a direction I could not support.
Then the final piece dropped.

Research from people in my TrashTalk circle showed that Kenso himself appeared to be behind a large part of the sell pressure after the tax was removed.

The key detail was this.

Some of the seed wallets received ETH from a wallet linked to claiming tokens, and that same wallet was connected to deploying the old MWT token.

Once that connection was made, the full picture started to make sense.

The hype.
The leaks.
The delays.
The fake urgency.
The insider stories.
The constant narrative changes.

It all looked like a machine built to create buying pressure while unloading into the market.

Even calls I was forced into with supposed seed investors now look very different in hindsight. One of them turned out to be far less independent than presented to me.

Then came the truth around the 08 announcement.

After almost 9 months, what was originally framed to me as a signed 0.8 BTC a day deal became a weak MOU with a 30 day termination clause and no direct value for holders.

That is not a delay.
That is not bad luck.
That is a completely different reality.

And the 30,000 seized miners story?

That turned out to be tied to a public tender process where multiple companies could apply, not some exclusive secured Morphware position.

That was game over for me.
By then, me and Ugluuk were out, and the next move was a relaunch with a new token.
New token.
New story.
New promises around ownership and buybacks.

Same people.

At that point, I learned that a new advisor had allegedly been told that all the streams were sold to fund a 2 million dollar liquidity pool for the new token.

What actually happened?

Only around 14,000 dollars was done.

Again, the people coming in were told one story while reality looked very different.

That is why I am writing this now.

Because many holders still do not know how deep this goes.
Many people only saw the surface level failures.
What I saw from the inside was a pattern.
A pattern of exaggerated claims.
A pattern of selective leaks.
A pattern of fake confidence.
A pattern of pushing narratives that did not hold up.
A pattern of extracting money while the community was being kept hopeful.
In my opinion, Kent Trabing, also known as Kenso Trabing, scammed this market.
People should also look into the damage linked to NKP that has been discussed by others, and the connections around Read_VU involving Khurram, Kenso, and former team member Darsjan.

And now there are talks about a new stablecoin tied to the Paraguayan guarani.🚨🚨🚨🚨

People need to pay attention.

Because if this market keeps ignoring patterns like this, the same people will keep coming back with a new token, a new story, and a new way to extract from the next group of believers.

@ANDEOficial @FelixSosaPy Stop doing business with these scammers.

We share proofs in my channel;

https://t.co/nJxuWjCBld

[Ć r y p t ⬡ H a s s @CryptoHass]

Kenso Trabing sold his soul and absolutely devastated many peoples lives. Many will never recover. Families destroyed. Life savings siphoned out of morpwhare and into Lambos and Dubai flats. Millions embezzled? Follow the money. I personally lost several 7 figures on his lies. Many close to me as well. All good, God will get him in the end. Tonight is one of the nights of Power in Islam. I've included him in my prayers. Anyways, here is a great read on who this psycopath truly is and some of the things he's done. Hey @mediumtension I don't scare easily...so save your threats, your attorneys, and your bullsh*t for someone else.

I present to you...The Story of XMW and NKP
by my good friend Bob the reBuilt @bobtherebuilt

"Allow me to introduce you to Kenso Trabing and Khurram Bin Kamal, the thieves and liars behind @MorphwareAI $XMW and the ones responsible for stealing over $1.7 million from @nonkyotoproto $NKP in the most disgusting betrayal of friendship I’ve personally witnessed.

📷📷
https://t.co/XXDNuKoU94
https://t.co/uJMZwWGcPl
https://t.co/a8O0Rk26I0
https://t.co/Wq93rHBkmv

Now that is a wild statement to read coming from me, as most people know me as being the #1 champion of Morphware since the beginning. And it pains me more than you know to write these words because I considered Kenso to be a good friend for some time. I believed in Kenso more than anyone has ever believed in him, and more than anyone is ever likely to believe in him again. So to understand what happened, we have to go back to the beginning and tell the story.

Spring 2024 – The Partnership Begins

In the spring of 2024, I was introduced to Kenso through another friend. We got on many long calls where he pitched his vision for Morphware: harness cheap electricity to do AI compute and use the spare electricity to do Bitcoin mining. The unit economics made sense, and the idea could really work. The only issue is that they were stone-cold broke and could not figure out how to raise a dime from anyone. He had raised a seed round back in the end of 2021, moved down to Paraguay, and had long-since run out of funds, scraping to get by.

The pitch deck was messy, and the pitching skills were lacking, but I could see the potential and connected with his character. What I really loved was that Kenso told me his motto in life was: "In the end, integrity wins." And that drew me to him because the crypto space is just overflowing with psychopaths and scammers. It's a very, very corrupt place as most people know, and I've made it my goal to try to find the few people in here with integrity and help them succeed. (Spoiler alert: I’m apparently bad at knowing who has integrity.)
Fall 2024 – XMW Launch and Success

Because their backs were against the wall, I showed them the path of using a tax to bootstrap funding since raising wasn’t working. They didn’t even have enough money to deploy liquidity, but I was so convinced of their trustworthiness and vision that I loaned them the money to launch the whole thing, which was at that time half of my remaining liquid funds. The original marketing plan was ME. Massive write up after massive write up, on twitter, in DMs, on telegram, to every contact I had. Getting on calls for literally hours at a time to pitch the vision and bring people in. Which I could do because I had real conviction.

We succeeded. The project took off, and by the end December 2024, they had made over $3.5 million in tax revenue. The plan was for all of that to go into buying bitcoin miners, high-end GPUs, and facilities to house all the hardware. I could not have been happier for the team or more confident in their dedication to pull this off and do right by all their investors.
Spring 2025 – The “Incubation” of NKP

In the spring of 2025, Kenso introduced me to a friend of his down in Paraguay who was a successful businessman and who was, along with another partner, running massive operations involving carbon credit production. We talked and I was impressed by the scale of their work, but told him, “My man, it looks like you are going to be making tens of millions of dollars on your own. You have a good thing, you don’t need the headache of crypto, just run your business and enjoy your life.”

But Kenso had the opposite advice for them. He continued to push the idea that they should launch a crypto token, that it would be so easy, that they would make so much money from taxes just like Morphware did. Because I was opposed to the whole thing (there is a very steep price to pay to launch a crypto coin and do it right), Kenso started to pull back from comms with me while he and Khurram set up everything for the token launch.

Now remember when I said that Kenso was straight up broke down in Paraguay? Well, he made some friends down there. Important, connected friends that gave him money multiple times, literally gave him a bed to sleep on when he had nowhere, made introductions, connected relationships, opened up doors for him in Paraguay to have a hope of starting Morphware. These men were highly successful, but entirely ignorant about crypto. And so for these good friends, he lured them in with this wonderful deal:

Kenso and Khurram would guide their tokenomics, raise a 5% seed round, do some marketing, and hire a great CTO to run the launch and develop the tech side. In exchange, they would receive 33% of all tax revenue in perpetuity. (But shhh, that part needed to be kept secret, Kenso told them.)
📷

The NKP launch did typical launch day things, got sniped, spiked up to $15M, then bled down 85% to $2.5M over the next two weeks. At this point, Kenso started trying to bring me in to come fix things. He pushed hard for the NKP team to hire me, give me authority over comms, plan things out, do grass-roots marketing, bring people the vision. Basically, come work the magic for them that I did for XMW before. After a lot of long calls, I agreed. At that time, I had no suspicion of anything malicious. I just thought maybe Kenso had been rash in rushing them to launch before they were ready. But things weren’t so bad. We could fix this. Right?

I got to work. You can see my public writings, but you can’t see the endless hours of phone calls, conversations, private essays, putting every ounce of my reputation on the line backing them. I put my money where my mouth is and topblasted the chart for over 2 months so that no one could say I fill before shill. For several months, it looked like things were going well.

But strange things were tugging at my mind . . .

Fall 2025 – The fraud falls apart

Kenso and Khurram had handled the 5% seed round sale. Khurram confirmed directly that he was in control of the wallet where that 5% supply was held, and distributing it to seed investors. The NKP team repeatedly asked them, “Hey, who exactly is in our seed round? Who are our investors? Can we talk to them? They keep dumping, and we would rather OTC buy them out.” But Kenso kept telling them, “Nah dog, this is crypto, everyone is anonymous, this is normal, you never know your seed investors, you don’t even get a list, not even their pseudonyms, this is just how it is.” So the NKP team could never have an ounce of information about who, exactly, were their seed investors.

Onchain transfers reveal that of that 5%, exactly 0.88% was sent to 16 individuals (most of whom were original XMW seed investors, lucky them) that had sent in funds. The other 4.12%? Sent to random wallets that all behaved as a single entity. Wallets selling one after the other, in exact timing. And all the funds from these wallets kept going to the exact same deposit addresses as Morphware.

📷
This is the wallet, controlled by Khurram, which Kenso had the 5% supply populate to directly: https://t.co/zSYzL9HiqG
Here is the transfer of 0.88% supply to 16 investors, all of whom contributed funds and are known: https://t.co/wSTvP08TWm

Tokens would move out from Khurram’s wallet into these fresh “seed wallets” and sell within seconds, or sell in the exact same patterns and send funds back to the same exits. Turns out that 4.12% of seed was supply that Kenso and Khurram simply gifted themselves in secret, and dumped on myself and everyone I brought in. This is why he lobbied so hard for me to join NKP, so that I could drum up exit liquidity for him. Here is just a sample visualization of a handful of the wallets they sent to and sold from.

📷

For those that doubt, this is all 100% verifiable onchain. I encourage you to look. Kenso and Khurram will, of course, deny this. They will claim that these were legitimate seed investors. This could all be cleared up if they ever actually put the NKP team in contact with these supposed “seed investors” and could also explain why all the sales occur in the same systematic pattern, and why all the money goes back to the same Morphware controlled sources.

This was starting to look like planned extraction from the start. So I had friends do a thorough onchain analysis. Turns out it was even WORSE than I thought.

They tried to implement a whitelist at launch. A whitelist that was created by Khurram. And it just so happens that 125 fresh wallets all funded by the same Morphware team wallet were on that whitelist. Fortunately, they were so incompetent that they never tested the whitelist and it failed, to where about 70% of “whitelisted” wallets couldn’t actually buy. Still, they managed to get 105 wallets to buy after more sophisticated snipers got in, plowing in heavy with 6 figures of XMW tax money, and dumping it all for several multiples that same day on the pump. Luckily they don’t know how to snipe properly, or it would have been an even better entry.

However, their onchain trail is easy to follow because they are sloppy.

And what do you know, the EXACT DAY that I officially agree to help NKP, two wallets magically appear, both funded by Morphware team wallets, who buy and dump for a quick extra $100,000 of profit.

📷

All of this is verifiable. All the funds go back to the same Morphware deposit addresses controlled by Kenso.

The NKP team finally said, “Ok, I think this tax deal is actually not right, we need to change it.” So they told the CTO, Alex Dan, to go ahead and change the tax wallets. Alex said, “Oh that isn’t possible, the contract is hardcoded for those wallets, they can’t be changed.” Not being crypto native, the team sighed in resignation and accepted that the tax money would just have to keep flowing to Kenso for all eternity. But it isn’t hard to figure out. I checked the contract, I called out his lie, and pressed him hard. He broke, and what he shared was once again worse than I imagined.

You want to know an interesting thing about Alex? He just so happened to be a former student and close friend of Kenso, hand picked for this role as CTO.
📷
https://t.co/bAtaKfpACm
https://t.co/AMjKHurojp
https://t.co/fCDbWOuBpn

Kenso himself didn’t merely recommend, but rather installed Alex for the NKP team. As it turns out, Alex wasn’t just a lackey helping out Kenso. He was a complete fraud the entire time. You see, Alex didn’t create the token contract, or deploy the token, or control the wallets. He lied to the team by saying he did, but when caught in his lies and trapped, finally admitted the truth:

Kenso created the NKP token contract (and made sure ownership was NOT transferable).
Kenso controlled the deployer wallet.
Kenso controlled the tax wallets (both the original wallets where taxes went, and the ability to change them).
Kenso controlled the locked liquidity.
📷

Kenso pretended from the beginning like he wasn’t involved in the launch directly, though he was actually the ONLY one in control. After admitting to the fraud, Alex pretty much disappeared off the face of the earth. I couldn’t believe it.

This “top tier” CTO Kenso hired, did nothing, then bailed? Well, Kenso is the one who dictated his $240k annual salary and told the NKP team this is non-negotiable. Wasn't that kind of him? And because Kenso controlled the tax wallets, he yoinked that $240k out in the first week as a “prepayment” for that salary. For a CTO that literally never delivered a single thing for the team and then ghosted after 5 months. Of course, that assumes that money was used to pay this lackey fraud. Because that $240k went into Kenso’s hands first. Where did it go from there? No one except Kenso knows.

📷

And that deal where Kenso would get 33% of the tax money? Being the gigachad baller that he is, he actually took 63% of the taxes since he controlled the contract and the wallets. The original wallets receiving tax were never under the NKP team control. Only Kenso (and by proxy his puppet Alex) had access. It was not until July 2 that Kenso changed the tax wallets to include ones actually controlled by the NKP team. In the below image, all addresses in orange were under the control of Kenso/Khurram/Alex, and only the green addresses are owned by the NKP team.

📷

So of the $1.2 million raised, the team only ever accessed $450k of it. The rest all went to the “incubators” at Morphware.

Looking only at confirmed, verifiable onchain data (which anyone is free to audit and check), we can say they have extracted at least:

Taxes - $750k
4.12% “seed” tokens - $837k
105 wallet “snipe” and insider info swings - $150k

Minimum $1.7 million in profit for Kenso and Khurram. Not a bad rake. Who knows how much they managed to execute on actually clean wallets.

The team did this exact same tax and seed set up for @read_vu but it instantly flopped so they weren’t able to steal much. It seems their plan was to secretly become an “incubation pad” and churn out projects where they take the taxes and seed free and clear.

Winter 2025 - Secret War Escalates
It took the team a long time to believe the reality of what had happened. This was their friend! It had to be a misunderstanding. It had to be confusion on the blockchain. There’s no way Kenso would do this. But the evidence piled up too high, Alex directly admitted to the deception, and Kenso’s dodging of every question left no other conclusion but to accept they had been fleeced. So why not go public? Why not make a big scene? Simple: leverage.

Kenso still controlled the contract, the taxes, the wallets, the liquidity. If we tried to fight publicly, he had the power to screw the NKP team over even harder. And he dangled the carrot on the stick. He said he would give back the fair portion of the taxes, going back to their original agreement, but he needed “time” to get to the laptop that controlled it all. That laptop was in a “secure location” far away in his luxury apartment in Dubai, and he couldn’t go fetch it because he was busy vacationing in Japan. Months went by, and he kept stalling. During this time he began to tell people in back channels that “NKP is a larp, they don’t have anything, it is going to zero” and started telling people not to believe anything I say because I am crashing out with a severe drug addiction. The funny part is he was front running what he feared as me exposing him, when I was still protecting his image and trying to find a peaceable solution.

📷

And every day he delayed was another day he got to collect a bit more of that tax revenue. Finally, in December, he hands over a laptop with access to the deployer wallet. What happens when the team opens it up? They can’t log in to it, because they don’t have the password! Kenso tells them, “I will give you the password to the laptop after you sign a binding contract swearing yourselves to silence and secrecy and absolving me of all wrongdoing and indemnifying me from all legal action.” Obviously no such agreement could be signed. Threats were made, and he gave the team access. After all, what more could he extract? He already sold all the tokens, and volume feeding the tax had dried up to nothing.

Will anything come of this? Probably not. Just another day in brypto land, right? Set against the backdrop of crypto crime, there are 10x bigger thefts going on all the time. What makes this unique is the absolute betrayal and sabotage of the people who helped Kenso in unbelievable ways, and he repays their kindness with malice.

What does this mean about Morphware?
All of this is incredibly sad. The damage is done to NKP, but their core business is unaffected, and will succeed. It’s just a $2 million hole and a hell of a lot of sentiment sunk.

But this brings the question back to Morphware. If Kenso has been this deceitful, this evil, to the very people that helped him more than anyone in his life ever has, what is really going on at Morphware?

Do XMW investors know that Kenso bought high end real estate in Dubai?
Do they know he spent all of the 2025 summer luxury vacationing across Europe and then Japan?
Do they know there are former employees who still haven’t been paid wages they were owed?

Where HAS all their tax money gone?

📷

The XMW token collected a total of 2840 ETH before being removed. The average price from launch in September 2024 til taxes dropped in November 2025, is $3005 per ETH. Which would be $8.5 million. In spring of 2025, they claim they lost $1.2 million holding ETH during the crash by not cashing it out for stables. That has never been verified, since the ETH was taken to a CEX immediately. So even on the assumption of complete honesty for that claim, that still leaves about $7.3 million raised.

Their dashboard at https://t.co/H8ydGo6L9u (now taken down, but in the past) shows 600 machines running 81 PH/s of mining capacity. Ask chatgpt or gemini or any source how much that equipment is worth, and you get an answer of between $1.1 and $1.6 million. Another $600k spent on GPUs. Another $500k spent on land. Altogether it looks like about $2.5 million accounted for in physical assets.

Where is the other $5 million?

Not to mention tokens. The team was already caught red handed once before directly selling treasury tokens onchain. They have OTC sold some unknown amount to unknown entities.

Why are there now fresh new streams of tokens being made for XMW that the team is claiming are “seed investors”?
Why is Khurram still selling tokens daily on wallets that are easily proven to be his?
It is probably worth a true forensic onchain audit of how they are still managing to offramp millions of dollars to their known deposit addresses in the past 2 months even with the taxes off.

I do hope, from the bottom of my heart, that Kenso and Khurram do right by the XMW holders. I hope they are spending funds wisely and will make good on their promises to token holders. I hope all these questions have great answers showing real fiduciary duty to their investors.

Will they keep selling tokens then walk away with all the equipment belonging to themselves? I don’t know. I hope not. If I were currently an investor, I would demand full receipts of where all the money went. Hopefully not into their pockets to fund a bougie Dubai lifestyle. As for me, every possible shred of faith I had is now ground to dust and blown away in the wind. But I am never a man who believes a situation is utterly hopeless. Anyone can be redeemed. What would it take to make things right?

1. Do right by the NKP team by giving back the fraudulently taken money.

2. Do right by the XMW holders by hiring an independent 3rd party auditor to examine where all the money has gone, and show receipts for those expenditures."

Great writing Bob!

[. @himbecould]

@BullishB34R @coingecko @MorphwareAI 💯 $XMW

[Reaper ⚡️ @Real__Reaper]

@MorphwareAI | $XMW 🔸
A small cap project has officially partnered with Paraguay’s state electric company (ANDE) to utilize approximately 30,000 seized $BTC miners. Another nation state utilizing its existing resources to strengthen their infrastructure and countriebalance sheet.🚨

[Shiro @CryptoShiro_]

Paraguay x Morphware Partnership 🤝

Paraguay will be mining Bitcoin using government resources

And they'll be teaming up with Morphware to do so.

I was already convinced that @MorphwareAI was among the Bear Market winners, and this news just confirms it even more. ↓

---------

Basically, Morphware signed an agreement with the National Electricity Administration of Paraguay (ANDE).

→ A formal framework for cooperation and technical coordination between Morphware and ANDE, focused on the analysis and development of initiatives related to digital assets, advanced processing infrastructure, and strategic energy driven technology opportunities in Paraguay.

→ Morphware and ANDE will also explore Bitcoin mining as a national level opportunity aligned with Paraguay’s broader energy and digital infrastructure strategy.

So Paraguay could be creating a National Bitcoin Reserve using wasted hydro energy to mine Bitcoin.

And they would be doing that thanks to Morphware's Infrastructure.

This is big for Paraguay, big for Morphware, and it reinforces Bitcoin adoption as well.

And if you didn't know, Morphware has been building in Paraguay for a couple of years already, because Paraguay has one massive edge:
→ The Itaipu Dam.

This is the second-largest hydroelectric dam on Earth.
Providing massive surplus energy with no buyer.

That's what Morphware understood before others, and why they started building in Paraguay.

And they're not stopping here.
It's snowballing, more miners are coming:
🔗 https://t.co/71iHS2K7VH
🔗 https://t.co/lrb9NrfK7l

For these reasons, I believe Morphware is among the few projects that actually build something big in a Bear Market, build for the long term, and inevitably perform when the Bull Market returns.

What do you think?

NFA & DYOR, I'm still bullish on $XMW. 🫡