Josh

@ManaMoonNFT The crime cycle has been in full swing

At least one or a few of the Abstract devs were also the devs behind $jimbo, where they thought they were anonymous. $jimbo rugged for millions of dollars and I think there is a high chance they were responsible for it. Let me explain the story with full context: So back in summer of 2023, there was a new popular ponzi/protocol called "Lotus" where the price "could only go up". The way the contracts and liquidity were setup, there was a floor price for the coin where it couldn't go any lower than in theory. This was known as "rfv" or resting floor value of the coin. Lotus was REALLY popular the first day or two. You could stake your lotus to get more rewards from the fees made. However, lotus had a critical bug in the staking contract which rugged users out of millions of dollars because they could never unstake it (there waas a convenient typo somewhere in the code, I assume was intentional from the dev of this, but we're past that). So now we had a popular idea but the most popular protocol for it, Lotus, was a brick because they screwed over too many people. A group of new devs decided to make their own version of Lotus called $Jimbo and it started gaining some traction pre-launch because it was being shilled by some notable people. They made assurances that things would be different than Lotus and they made it seem like they had it all figured out. At the time, I had already FUD-ed Lotus publicly pretty hard for the unstaking bug because it looked very intentional to trap user funds. This is where I was DMed by 0xBeans. I had previously complained about Lotus and even dmed him about it prior to this. He randomly DMed me about the jimbo project pre-launch which is how I found out about it. He made it seem like it was a project that he found and was eager to share with me because it just looked cool to him. I had 0 idea that he was part of the $jimbo team at this point. When I joined the jimbo server at the time, it was still VERY early before too much hype had built up as they were still building out some of their discord channels/roles/perms still. The team had a dark-green role called "jimmy". In this next picture you're going to a see a compilation of pictures. On the left, you're going to see where they messed up really, really bad. When I joined the server, I was chatting in there actively at the time and noticed for a brief moment that a new channel popped up called "jimmys". I was able to see this channel for about 30 seconds before they fixed role perms and I could no longer see it. From the screenshots I managed to take, this was clearly an admin-only channel that wasn't meant to be seen by the public. The left side of this picture contains the admin channel screenshots. All of the admins/team in the jimbo server were ANONYMOUS FRESH discord accounts. The team for jimbo clearly did not want this to be known as their project tied to their actual names. You can see that they were talking about me when I joined the server and it lines up perfectly with 0xbeans dms. So from this, we could gather quickly that "jimmys tutor" was 0xbeans alt account for the jimbo project. I kept this a secret at time and had only told a couple friends. Jimbo went live and it seemed to be working properly, price was going up. I think I made 5e at the time or so on this based on the DMs with Beans above. $jimbo ca (v1) (arbitrum): 0xCcb97Ae0C1bc4cE196B6460395Af7DF5eE1212BC Then they announced that the LP bins were in a "precarious" state and they needed to relaunch. They took about 7-8 days from this point to fix things and make it even more "safe" according to them so they could relaunch. This is quite a complicated thing to build out contract-wise I imagine so this seemed fine. People from the first version of Jimbo could unstake after 1 day and sell into the LP so there wasn't too much harm in the first jimbo launch. Eventually, they relaunched $jimbo with this CA (arbitrum): 0xC3813645Ad2Ea0AC9D4d72D77c3755ac3B819e38 Everything here SEEMED fine and like it was working. For a day. Machi at this point had aped millions in the pool and was actively chatting in the server. People felt "safe" with the floor value of the coin being guaranteed. The downside risk was quite minimal, so people were aping big size relative to their port into this. This factor made the losses much worse for participants with the false sense of safety. Personally, I actually made like 7e or something on the relaunch (can't remember), but I was quick to sell and too scared to stake based on prior experiences. Then it got exploited and all the liquidity was GONE. TX hash for the exploit on arb: 0x44a0f5650a038ab522087c02f734b80e6c748afb207995e757ed67ca037a5eda The exploiter sent the funds through Tornado and nothing has been said about it since then. Eventually, this server was remodeled into the @BaselineMarkets server where I assume the jimbo team handed the server off to a new team to make the Baseline project. New admins + old admin roles were gone, etc. I just want to paint the picture of how insane this is so you can understand why I am suspicious of the jimbo team being responsible for the exploit. This was a VERY complicated protocol and they had multiple good devs onboard. They even took the time to make a 2nd version of the contracts to make it even more safe. So how, after one fucking day, is this thing getting exploited so QUICKLY for millions? At the time when this happened, people were in disbelief that it was exploited that fast. It seemed like an inside job, because how else could something like that happen so quickly? The jimbo team was a bunch of anonymous accounts. There wasn't any accountability to be had here. I don't know if they just had it out for Machi and wanted to fuck him over because he put in thousands of ETH, but it seemed VERY weird at the time. This is why I think there is a 90%+ chance this was done by the jimbo team, just based on the sheer speed of the exploit happening. For some protocols, it would sometimes take YEARS before someone finds an obvious-in-hindsight exploit for much more $ than was available on this random shitcoin project. To this day you can still see the old messages in this server from the $jimbo era if you search for them. Now, I can only say with absolute 100% certainty that 0xbeans, an abstract dev, was one of the core members of the jimbo team due to the alignment of the leaked admin channel messages + my DMs. However, looking at the early messages in this server, I suspect that 0xCygaar was also likely a team member as him and Beans are friends that work together and he was quite early in the server bullposting it on his main discord account pre-launch. Beans was also in there on his main account as well bullposting pre-launch while also chatting on his jimbo team account. You could speculate that the other jimbo team members were likely friends of beans or cygaar, both of them being the devs who worked on Frame/Abstract. I held back on sharing any of this since you can't 100% pin ANYTHING on anyone here, but given the way Beans was blatantly larping as just "finding" the jimbo project in my dms and acting like he was just another community member, I've come to realize that these guys are smart and it's going to be difficult to catch any of them in a lie. I did try to DM 0xBeans after the jimbo exploit happened and implied that I knew he was on the jimbo team and he never responded after the fact 😂 Unless someone wants to trace all the Tornado transactions and figure it all out, I don't think we can ever have 100% certainty. But today seeing that Abstract users were getting their funds drained from some weird exploit on one of the apps the abstract team featured on the official dashboard, I thought I should just share this incase anything comes from it.

@ManaMoonNFT Too late to drop it now?

Mmm maybe i should have posted the fud thread

@MisakaTrades Congrats mate!

Retired. Decided to keep prev. tweets available for whenever i feel like it. Been a fun journey, everyone! See you again soon.

@Ricecooker38 Rice bringing some sense to the timeline

i started to ramp up posts on twitter because i spent less time buying things onchain and market is disgustingly extractive (as you can see). the more time i spend on twitter, the more i feel my iq points dropping reading the comments n posts of retards and shit traders.

@sayinshallah Most likely just over worked the muscle after not training it for a significant period of time, so its fatigued/cramping slightly

@0xRiver8 0xRiver mode for 2025

Dialed in for all of 2025

@moreismore You still planning to "trench" or you stepping back from it all now?

36 Considering stopping the log, continuing privately tho Have secured my freedom - which is what this log was about. I thought it would be cool to show “you can do it too!” It just took showing up everyday and taking the time to improve every single day Started with 3k

@0xRiver8 Just too good

Nah people making 400 sol from me commenting on twitter nah shits crazy 😭

@0x_Maeko starting fresh.

@NewsyJohnson @RowdyCrypto Could imagine it was a Barron vs Trump Jr. & Eric playout. Different sides of the family

I spoke with @RowdyCrypto the night before. We tried to think of any bear case / blackswan thesis Only legitimate threat we could think of was him launching another project. (EX: Multiple NFT collections). I think everyone was completely blindsided including him and his team. Trump is very business savvy. I have 0% belief that he would have knowingly signed off on this. I mean just look at the deployer wallet, supply distro, unlock schedule. No chance in hell it was the same people. Newsy Johnson

@NewsyJohnson I expected another coin but did not think it would come that quickly

This is more egregious than any scam this cycle change my mind. Newsy Johnson

@vrsusdotfun Thanks for playing

@statezero 🐐

A few hours ago Discord changed some DOM elements causing Discord Lite extension to not work properly I already fixed the issue and submitted the new version to Chrome Web Store Once approved, it will automatically updated. If not, you can refresh it

@0xRiver8 He never misses

I LOVE THE GAME

@herxbt Using PowerToys on windows which is good too. Set custom zones for tabs

Trading tip: If you are using a 49 inch pc wide enough to show 4 windows Download rectangle, it makes it easier for you to just drag your windows If you have multiple tg gcs you would like to keep an eye all at once Download telegram web version from their site and bookmark and just keep opening multiple times and dragging the window You can do this for discord too.

@ManaMoonNFT Either a lucky gamble that an alon coin would pump during the AMA, or crime cycle in full swing

People keep asking why i deleted this tweet yesterday which showed timestamps of frank buying 120 sol of $alon before he confirmed in his replies. Main reason was there was a CHANCE he didn't have insider but the tweet was blowing up faster than expected and I wanted to be sure

Christ is Lord Newsy Johnson

@Nevinyrrals Nevin coming to battle misinformation onchain and off

@0xRenaissance Silly Season

This is what a proper bull run feels like.

@VersusFNF Damn