Meldgate

Meldgate: Your Portal to Transparency in the Sogo Labs (formerly MELD Labs) Liquidation Process. Join us on Telegram:

[Meldgate @meldgate]

@MinswapIntern we sure think so 👀

[Mintern @MinswapIntern]

interesting

[Josh - Late Game Crypto @LGC_Josh]

FOUND $15 Million from MELD Development Funding

The investigation of MELD is producing groundbreaking discoveries that are getting us closer and closer to actionable evidence!

Watch on YT: https://t.co/5kG9sodLSH

[Meldgate @meldgate]

Want to support the investigation? Please consider delegating your ADA to MGATE - all rewards go to legal & liquidation fees in Singapore.

End of Thread.

[Meldgate @meldgate]

MELD claimed in late 2024 it had to close down due to lack of new investment, implying funds had run out.
But their published Singapore financial statements tell a different story.

From $30M+ raised to a $12M deficit, the math doesn’t add up.

🧵#Meldgate

[Meldgate @meldgate]

MELD’s own accounts raise more questions than answers.

So far, we’ve tracked $15M to HitBTC within 18 months of raising funds, along with several other transactions we’ll reveal soon.

We’ll keep digging, on and off chain.
#FollowTheMoney

[Meldgate @meldgate]

@xerberus @token2049 @TheDrTheDr Have a great time!

[Meldgate @meldgate]

@angrycryptoshow @GoodwillNkomo8 @TapTools Well said!

[Angry Crypto Show @angrycryptoshow]

@GoodwillNkomo8 @TapTools @meldgate Good, there should be justice, bad things happen when good guys do nothing.

[Meldgate @meldgate]

@SteveCapric @TheMeldGuy @jasonappleton @IOHK_Charles We’re focused on establishing accountability. $20M appears missing from the financial statements, how can ‘we ran out of funds’ be true when the accounts show otherwise? Thousands were affected. We care, and we act!

[Meldgate @meldgate]

@SteveCapric @TheMeldGuy @jasonappleton @IOHK_Charles Because the project raised over $30M almost entirely from the Cardano community, not Avalanche. It never gained traction there. The ones most affected were Cardano holders — that’s why Charles’ awareness matters here.

[Meldgate @meldgate]

@TheMeldGuy @jasonappleton @IOHK_Charles Appreciate getting the spotlight on this 🕵️

[TheMeldGuy @TheMeldGuy]

@jasonappleton @IOHK_Charles Is Charles aware of the @meldgate investigation into the “potential”$meld heist and the great investigative work being done?

[Meldgate @meldgate]

@juanglal It will surely be interesting to get to the bottom of this all! We’re amazed at what we’re discovering and new things come to light almost every day!

[Meldgate @meldgate]

Want to support the ongoing Liquidation & Investigation - please consider delegating your ADA for a period to the MGATE Stakepool - all rewards go to pay for legal & liquidation fees in Singapore.

[Meldgate @meldgate]

🚨 Meldgate Onchain Series: Part 2 🚨
On 31 Aug 2022 ≈ $9.25M was moved into a new Multisig Safe (formerly Gnosis).
This wallet was never disclosed to the community — despite promises of transparency.

Over $10M flowed through. Let’s follow the biggest flows 🧵

[Meldgate @meldgate]

In the meantime we encourage you to🕵️‍♂️ Do Your Own Detective Work & Join the Meldgate Telegram Group!

Safe wallet address we looked at today: 0xE880722140419252a8C25A4AC3468299a155145a

Check it out on Arkham Intel or Etherscan to follow the flows. 👀