Techlead, the “Ex-Google/Facebook Tech Lead, YouTuber (1M subscribers), multi-millionaire app entrepreneur, digital nomad” is another one you should not trust.
Here’s how he is scamming his community, telling them to buy his new coin while he dumps on them This is his address: https://etherscan.io/address/0x5922b0bbae5182f2b70609f5dfd08f7da561f5a4 You know it’s him because it’s the same wallet that minted the initial 1M MM.
Transaction where he mints the 1M tokens: https://etherscan.io/tx/0xb76ac1e9480d933bb50fb3b7a231355bb9acef129674b45dd0a39664828f7538
From here he starts by adding liquidity in uni v2 and v3, small amounts per transaction, maybe he’s trying make it look natural
July 1st he posts the first youtube video: https://www.youtube.com/watch?v=xBSEMJDwvXk July 2nd he starts rugging liquidity while telling his community and followers to buy because it’s going “to the moon”.
By removing liquidity and not selling, he’s effectively selling without ‘selling’. This way he doesn’t have to tell the community that he sold while they all bought, he just has to hold his initial promise of keeping 1m of usdc liquidity
He even holds all the liquidity in a 1% fee position so he can syphon out 1% of all the volume!
In total he has his uni liquidity + 1m USDC extracted so far
This is outright theft
I’m pro defi, community should call it out when we can, don’t need law enforcement but this guy is cutting himself close:
California citizen Doxxed Clearly a security All actions on chain Telling people do 1 thing as he does another
In short, he literally rugs his own community (as a millionaire). There are legal implication for this.
Research done by dcfgod. All credit to him