 | As a short recount, Ben.eth "partnered" with Ben Armstrong better known as "Bitboy" for the launch of a token BEN. This person BEN.eth showed his/her character of creating sh*tcoins and shilling the hell out of it, taking profits and moving on. I have no real love for sh*tcoins, but in the interest of giving a fair and nuanced recounting the contracts of the tokens he/she creates don't have (obvious) malicious code that rebases, mints, or prevents sells or anything like that. But it's basically cashgrab, shill and onto the next cashgrab with nothing of value created and some people making money while other lose so not my cup of tea. Anyway, Bitboy was caught selling his allocation of tokens after promising he'd hold for 6 months in just 6 days, all for 44.7 ETH, nothing new here really. What is new however is that Ben.eth moved on to a new project immediately. But some (other?) scumbags decided to take advantage and launch their own fake pools of the token that he was launching. One pool's version pumped as high as 87x before being hard-rugged for everything. All the rest of the pools were also rugged for basically everything, of which there were at least 18. All within less than 24 hours. It's a tough one to estimate but the scammers EASILY made millions, at least of few M's in less than 24 hours. Ben.eth then puts the blame on the people who invested with no empathy at all. If I were to give a fair and honest assessment, this is a really weird one. I already said I have no love for useless tokens being created over and over as a cash grab. But I also can't completely blame Ben.eth because if you're taking the huge gamble on a sh*tcoin, you should be 100% sure it's the right one. But, after I make it clear I do not endorse what Ben.eth does, he/she also should have given clear direction and exactly when it was launching and which pool/address was the correct one. This one is on everyone involved as far as I can make out. The rugpullers, Ben.eth as well as the "investors" who were rugged. Just goes to show why you should mess with sh*tcoins. [link] [comments] |
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