- There’s no way, but…
CRBYGyfcRSiwcpUr4qxbVeR7MDNb32mkhxxzFAN7iinS - here is a team found a way to attract organic purchases for their scam tokens on #solana blockchain. Launch pattern:
1 - deploy 10B tokens.
2 - add liq 10B tokens + 0.1 $SOL.
3 - buy 99.98% of supply.
4 - spread supply to 200 wallets.
5 - attract purchases by manipulating volume, burning LP…
6 - rug.
They create new wallets for each project, but they do not change these 3 addresses:
CRBYGyfcRSiwcpUr4qxbVeR7MDNb32mkhxxzFAN7iinS- main team wallet.dQSv6D61bxtUTd6oqSzsUgydxwCCQpGuRgQgsN59WVBHQP6MYaRDU4st131yaZFDR3x9N58ka4TCAUjcvSSpuQw
They always buy 99.98% of supply for 500 $SOL from these wallets. (Sometimes 100+160+240, sometimes 1+210+290.)
The victims are swing trading bots, narrative bots, copytrading bots and just traders.
According to gmgn.ai data, they managed to earn about 60M$ dollars, but in fact, they are withdrawing their own money through sales (+ victims’ money).
So if they earn about 200-250 $SOL per project (after tx fees), thier total PNL from about 100 projects = 5M$
Moreover, this team keeps reinvesting scammed money to their launches. Good job!
I have only 3 questions now:
- Where is AML in solana blockchain?
- Should Jito Labs permanently ban all addresses associated with this team?
- Have you missed my investigations these 2 months?❤️