I UNCOVERED A BILLION DOLLAR FRAUD

A video on YouTube. In Business & Money, a Krater category.

Summary by Krater

An investigation into SafeMoon uncovers evidence that its creators and promoters siphoned millions of dollars from liquidity pools through transaction taxes, deployer wallet withdrawals, and token migration schemes.

From the video

Answers: What is the truth about the SafeMoon cryptocurrency fraud?

cryptocurrency fraud
liquidity pools
tokenomics
rugpulls
blockchain investigation

What it concludes

Kyle copied B Token code to create SafeMoon with a 10% tax.
Kyle removed liquidity from SafeMoon 17 times, totaling over $10.3 million.
War On Rugs warned that investors had an absolute likelihood of losing all funds.
CertiK audited SafeMoon and warned that mishandling the owner address private key could have devastating consequences.
John Karony implemented a 100% tax on V1 tokens to force migration to V2, resulting in $102 million in historical losses.
BitMart charged SafeMoon a fee for listing rather than paying SafeMoon.

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