EXPOSING LARPS
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I share larping projects and useful tips, think of it as an educational channel. Contact: @IS33ALL Check: @untetheredcritique
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And we've found RYOSHI
😁😁😁
https://twitter.com/EthereumDenver/status/1632094110176927745?t=WS58Y9Zpf71MaeuyRqG4JQ&s=19
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ARE LARP TOKENS SCAM??
Saw an interesting topic on @epitaphsanticalls
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Btw, out of the 53.5 BNB sent for refunds, Old Crypto Mage only used 26 BNB for refunds.
Then proceeds to complain about investors sending txns twice to get a better refund for their nft buys.
https://t.me/OldCryptoMageCalls/634
He'll most likely keep 27.5BNB for himself as transactions halted 4 days ago. This money again, is not his.
If this isn't stealing, i don't know what is.
Dev fees are no longer enough.
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Good day everyone.
When you're in a project you know is a scam, do you speak up to warn others or do you keep silent because you're afraid of a ban and tg jail?
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1. Steals user funds, sends it to cex, sends from cex to marketing wallet of AVATAR and creates the illusion of rich dev
2. Boldly gaslights investors.
3. Staking app is fake, no one can withdraw stakes $BMINU
4. Has done this same thing over and over. It's his MO
N.B: The caller who supported him and pitched the idea refused to call him out because his people were eating well and that's all that mattered. Those who provided the funds he was using to show off did not.
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Repost from Fud & Memes
🟡 - WARNING 🔴 - EXPOSED (is doing now and has done in the past):
Old Crypto Mage: Hidden fee:
As always, someone vouched from all the callers who take a cut from his scams. I'll be clear and cut on this one:
"marketingwalletB" is a wallet that acts as a hidden fee.
As seen in the picture, it's impossible to find it on READ CONTRACT, it's only found in the code, which requires some extra knowledge.
This wallet receives fees from his coins.
On Bill Murray Inu, it gathered 250 BNB:
https://bscscan.com/address/0x85a669a58f85da2dae63ea04c522eb6f069a05de
That's for the EXPOSED, now for the WARNING:
Here's the function in which he setFees for his new launch, AVATAR 2.0
https://etherscan.io/tx/0x000ca200cdb884cfd120a6cf70fe90369099912789236e57ad9ec61ba226622b
https://dexscreener.com/ethereum/0x8198f65f8c75beaa7030f194bdf7850f72082afa
Funnily enough, thanks to influencers getting a cut (eventually) from this scam, they're all supporting it, happily, involving their investors in a scam.
As seen on one of the pictures above, the marketingWalletB for AVATAR 2.0, is currently holding:
https://etherscan.io/address/0xd83868b3d7e137925c6CC0F14E0C7d2A2A8B9D05
6.6 ETH. Hidden dev fee.
I'd like to have a list of the callers supporting this scam, because they're all involved and eating a cut from this.
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Marketing wallet:
https://bscscan.com/address/0x85A669A58F85da2dAe63EA04C522EB6f069a05dE#internaltx
Nft contract:
https://bscscan.com/address/0xeee67D070d5E93f3e05d1D7AeeD6F0fB754CAAE8
Transfers money to cex through:
https://bscscan.com/tx/0x3ecb37b0ba9524f4f2ba02248f84e18c3cab6a7df1fda6e641aa5c4fcf70cbc9
https://bscscan.com/tx/0x8124a0b3750bf521d658742c495bc6471bda70c7f0f2be7d355f6cf66d3ef98c
Money gets split:
https://bscscan.com/tx/0x7a42fc82944f4efceed33ce1a541284839ca6f8812259bd55f79a4362641bac0
Money moves to cex:
https://bscscan.com/tx/0x5fa162685ed9f39279f504c8484fe33bd3c53f9eefeb208cb3b767c514924e90
Money used for partial refund:
https://bscscan.com/tx/0x3b82f57fb07864409d8295a36e5497038a0c1f5ec640ccb3e36f9840a5faf822
And that's not all.
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OLD CRYPTO MAGE
@OldCryptoMage
@OldCryptoMageCalls
For those who don't know https://t.me/exposinglarps/271, https://t.me/PreviousProjects/210.
His latest scam has been with @BillMurrayInu which is currently dead and @AvatarTwoOfficial. This smooth scammer launched $BMINU with the guise of getting a donation from Bill Murray to Evelyn. This was the main goal of $BMINU. It had three taxes, one for marketing, one for liquidity and the last for donations
For a while it worked fine, he got some influencers onboard post launch and pushed his project while it was hyped.
The scam wasn't in the fees but in the nft sale. Old Crypto Mage made an nft sale for $BMINU and successfully raised over 130BNB from sales then ghosted his investors for weeks. He returned to accuse his investors (a private group of whales) of being the reason the project went down and then he started talking about a huge opportunity he had coming.
This scammer proceeded to launch $AVATAR on ETH and used 60BNB from the nft sale as the marketing money for $AVATAR, claiming to be a whale dev with other people's money. As a means of pacifying investors, he used 53.5BNB from the nft sale to PARTIALLY refund investors and called it a day. A thief in broad day light acting like a whale.
The market wallet of $BMINU still sits around fat and untouched. Investors who requested for a full refund from the nft sale since he declared the project dead received unsavory remarks and in some cases, they got banned.
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While there's drama going on in the market and I investigate and verify scam reports for your awareness. Please use the link below to join the chat room if you're interested in discussing just about anything that isn't a shill.
https://t.me/+E4WCtE_BlwlhYTQ0
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I wonder how many people will be left standing after the FTX situation is sorted. Some will quit, some will derisk, overall, interest is going down. If the number 2 exchange can be insolvent...woohoo.
CZ is a ruthless business man, could monopoly be the end goal? But thanks to him for stepping in.
I hope everyone is safe and sound.
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https://twitter.com/yassineARK/status/1590066169851281409?t=OT5U4eU9QrwtisFmdXCG-g&s=19
I love crypto because it's always eventful. Why do you love crypto?
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@FudNMemes
This channel is amazing, the owner has been 100% accurate on all posts so far.
Owned by a skilled dev, this channel calls out scams BEFORE they happen.
He traces wallets and can predict the intentions of a team based on their activity on chain. So far he has been 10/10 accurate
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WARNING 🚨🚨🚨 🚨
PROJECT: @HalloweenCupPortal
TEAM: @stonesgemmm (dev) , @AlexandruSL, @bluestone0, @Mackth26
CHANNEL: @StonesTokenBsc
The team behind this project are about to launch a project soon. They have been hard at work redirecting investors from HCUP into the channel above. But here's what they did with the old project and why you should be careful and stay away from whatever they own.
Before launching Halloween Cup, the deployer sent a bunch of BNBs into multiple wallets, including a wallet labeled as the charity wallet. Usually the narrative for such things nowadays is the dev plans to hold the floor and stop jeets. But by all means, this team were the jeets.
https://bscscan.com/txs?a=0xfb16283a71827a2b2f9f288ad096a7eb2346f6ba check transactions before launch of Halloween Cup
https://bscscan.com/tx/0xfbd6437a1c37572797868ddbc96c214ddf01f56d057002ce263c94690466c4ac transfer to charity wallet.
Unlike regular marketing wallets used for gathering BNBs from tax, there was only a charity wallet here used for gathering $HCUP tokens for the dev to sell whenever he pleased. He would send small amounts (usually $80 - $99 worth) of $HCUP at a time to an address and instantly sell it. He did this consistently for days until the project came to an end.
https://bscscan.com/tx/0x951e9a15694197bb734e938884d41b6bac27bd593259fb7a1bd9ed40c3d99008 sends to another address, address sells instantly
https://bscscan.com/tx/0xedede3680b8ea35b048cee2dfe2fc550c2e5514ffd9df1a9abf938cb8fb574f4 another farm address
You will find many instances of this behavior in the bep20 txn section of the "charity" wallet.
In the meantime while he was doing this, some investors tried to question him and his team went into action "any fud = instant ban"
Personally, I feel like the team is one person or two people using multiple alts but I could be wrong.
Please stay away from @StonesTokenBsc
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https://twitter.com/nftnow/status/1587927676412575745?t=hzR7pi-jb_h9oi5hyQErMQ&s=19
Curious to see if they'll succeed and how BSC's most bullish marketplaces will compete :)
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CRYPTO AS A BUSINESS
I usually look at crypto projects as businesses. One of the features of running a business, no matter your financial and social status, is the risk of losing all your money. In fact, taking a risk is one of the qualities of an entrepreneur or intrapreneur, basically business owners/leaders.
The high risk and high reward potential in running a business is part of what drives anyone with a vision into starting one up. In traditional markets, if owners run a business and it ends up successful, they receive most of the profits and if it fails, they carry the weight of the failure too. Like other aspects of life, it is an important step to learning from experience.
Unfortunately, in the crypto sector, the financial messiah that has come to save the ordinary man and give him hope to make wealth, business owners are quite different. Here, the business owner takes less risks than the investors. If an idea turns out beautiful, both the business owner and a majority of investors share in the profits. But when it fails, now here is where things get tricky, only a handful of business owners in crypto take the loss since they control the lifespan of the project.
Most of the time, these business owners prepare for their exit and minimize losses to the barest minimum before declaring the business model dead. Most investors are taken unaware and any negative feedback of feeling scammed is rewarded with a ban, a public show of mockery from the business owner and his cult of followers or both.
Who exactly is crypto empowering then? The idea guys or the ordinary guys?
Why do we applaud devs who spend a lot of their personal money on their vision? Isn't that part of the business process? Isn't capital one of the factors of production? Isn't taking a loss part of the business cycle?
For clarity, I do not think ALL project teams are like this. But the ratio of bad teams to good teams does not look good.
