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SLander
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@Brantell_ Hi there!
I don’t see the tweet where Toly said this?
Are you larping in the trenches sir?
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The past week truly exposed the failures of our industry
Despite our collective efforts as investigators, builders, and communities – the same names keep running the same scams
The playbook is simple:
Infiltrate big launches, get in early, and extract millions
It’s happening in plain sight, and no one is stopping it
In just a few days:
• Hayden Davis: A judge unfroze $57M in USDC tied to the LIBRA collapse. The next day, Davis (Kelsier) sniped the YZY launch and made $12M
• Naseem: A network of snipers tied to Naseem, famous for making $100M on TRUMP, was first to buy YZY. These snipers are consistently first, printing millions
• Sahil: Behind many celebrity tokens, Sahil launched a Tyson Fury scam token on Zora and tricked Coinbase execs into engaging, giving it extra attention
All of these cases show a systemic failure in law enforcement and user protection;
> Crime is legal – no ground rules, no accountability, pure PVP
> No international cooperation – bad actors hide in safe jurisdictions
> CEXs and stablecoin issuers are often slow or uncooperative
> The space has no memory – people keep falling for the same celebrity scams and shady KOLs, or just hoping to sell before it rugs
This broken environment leads to one thing: theft gets more efficient, crimes go unpunished, and victims lose hope
It has become abundantly clear that governments and regulators are too slow for this industry and won’t solve these issues. This space was built on independence and self-regulation, so we must set our own rules and hold ourselves to a higher standard
Until fraud has real consequences and the industry works together, this cycle will keep repeating and crime will remain legal
No one’s coming to save us
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@hasanverse_ Stabled 500 at 200 the leftover 400 will be stabled at 220
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