CRYPTO ROAST

🎸 UK MP's X account hacked to promote scam memecoin 🇬🇧 🟠 The X account of Lucy Powell — Leader of the House of Commons — was compromised to promote a low-effort token dubbed House of Commons Coin (HOC). The posts, which claimed HOC was a “community-driven digital currency,” were quickly deleted. 🟠 Her staff confirmed the breach, stating they “secured the account and removed misleading posts.” But not before 736 transactions and a $71K trading volume went through. The token briefly peaked at just $24,000 in market cap. Yes, you read that right — it flopped even as a scam. 🟠 This isn’t the first time a government official’s account was used for crypto pump bait. In March, Ghana’s President’s X account was hijacked to promote another fake token, Solanafrica. 🟠 The trend is clear: scammers are targeting political figures to create aura of legitimacy, drive quick liquidity, then vanish. Meanwhile, the public is left wondering: was this just another meme or a strategic test run for influence hacking? 💭 Always double-check links, even if they come from a “verified” figure. If your local MP starts shilling a token with 3 holders — it’s not policy, it’s phishing. ➡️CRYPTO ROAST

🔤 UPD: Mantra CEO speaks out — but clarity still lacking 🟠 John Mullin hosted an AMA and claimed that OM recovery is the #1 priority. A token buyback is under consideration, but everything’s still in early planning. No timelines, no specifics. 🟠 He denied the allegations that the team controls 90% of OM, saying the largest holders are Binance and OKX, with OKX currently holding around 14% of the circulating supply. 🟠 Regarding the crash: Mullin said OM was used as collateral, and a centralized exchange triggered forced liquidations after adjusting risk parameters — which led to a cascade of sell pressure. 🟠 That 38M OM transaction to Binance? Just the end of a staking program, according to Mullin — nothing suspicious. 🟠 He also pointed to the $109M Mantra Ecosystem Fund (MEF) with partners like Laser Digital, Damac, Amber Group, etc., promising continued ecosystem support as part of their recovery efforts. 📌 For now, this looks like damage control. The team’s still here, but no real recovery plan is in place yet. If you’re holding OM — stay cautious, volatility might not be over. ➡️CRYPTO ROAST

😈 OM: Not the end — just the beginning of the dump 🟠 In 24 hours, OM collapsed from $6 to $0.36. Over $5B in market cap wiped, $75M liquidated. Some already call it “the next LUNA.” But the truth? It runs deeper. 🟠 The Mantra team came out fast: “We’re here.” JP Mullin posted wallet addresses and blamed CEXs for reckless liquidations. The market liked it — OM bounced +200%, from $0.37 to $1.10. 🟠 But on-chain tells another story: it wasn’t the team that dumped — five whale wallets led the slaughter. Two of them, ryty39 and 8j45ww, were tracked on DEXs. They tanked the price, and now? Slowly exiting into the bounce. 🟠 Meanwhile, coordinated FUD hit socials: rumors that devs fled to Israel, shut down TG and X. But everything’s still up, the team’s still online. Looks like a classic setup — dump while fear is high. 🟠 Back in Oct 2024, Mantra doubled OM’s total supply, switched to inflationary tokenomics (8%/year), and allegedly used OM as collateral for risky loans. Once CEXs adjusted risk parameters — margin calls triggered. Everything crashed. 🟠 OM is now stuck around $1.08, right under major resistance. RSI sits at 33. This chart? A near mirror of LUNA’s post-crash bull trap. Quick bounce. Long bleed. 🔥 Lesson? When a token crashes 90%, then bounces 200%, and they tell you “it’s under control” — remember Terra. And know the exit doors were used before you even walked in. ➡️CRYPTO ROAST

☠️ The Whale, the Hack, and the $4.5M Drain 🐋 🟠 A legendary HEX whale known as HEX19 lost $4.5M in a slow-burn phishing hack. He thought he was staking long-term — turns out his seed phrases were stored in the cloud. 🟠 The hack started in 2021 and drained funds over years as his decade-long stakes unlocked. Some were force-unstaked early by the hacker, even paying penalties to cash out. 🟠 The trail leads to Konpyl, a known scammer tied to Inferno Drainer and the fake Rabby wallet. Funds were laundered through Tornado Cash and DeFi mixers. 🟠 It wasn’t just a wallet that got drained — it was trust in the HEX staking ecosystem. 180+ shady transactions, millions in losses, and a web of scam-linked addresses. 🟠 The takeaway? Even whales make mistakes. Even whales store seeds in the cloud. But real whales don’t rage quit. HEX19 stayed calm — debt-free, with family, and at peace. 😔 “There’s more to life than money,” he said. We’ll add: especially more than tokens in a wallet without proper security. ➡️CRYPTO ROAST

😈 MEV Bots Keep Getting Wrecked — This One Lost $180K ⚙️ 🟠 Another day, another MEV bot drained. This time, 116 ETH vanished ($180K), all because the dev forgot to lock the front door — no access control, no mercy. 🟠 The attacker created a malicious pool and tricked the bot into swapping ETH for trash tokens — all in one clean transaction. Classic move, rookie defense. 🟠 Within 25 minutes, the bot’s owner was already begging for mercy with a bounty offer. Then relaunched a new version — now with actual access control. Lesson learned? Maybe. 🟠 This isn’t new. In 2023, MEV bots lost $25M after a rogue validator flipped on them mid-sandwich. History doesn’t repeat — it rhymes in Solidity. 🤖 What’s an MEV bot? These bots scan pending transactions on Ethereum, looking for arbitrage opportunities. They front-run, back-run, and sandwich trades to extract profit — often at the expense of retail users. Profitable? Yes. Risky? Absolutely. One bad line of code, and you’re feeding whales instead of frontrunning them. ❗️ Meanwhile, fake MEV bot tutorials are popping up everywhere — YouTube, Twitter, Telegram. They promise alpha. They install malware. You lose everything. 🧠 Running MEV bots without security knowledge is like juggling knives blindfolded. Don’t be surprised if you cut yourself first. ➡️CRYPTO ROAST

➕ UPD: Milei Now Under Official Investigation Over LIBRA 🟠 Argentina’s Chamber of Deputies has voted 128–93 in favor of launching a formal probe into President Javier Milei’s alleged role in the LIBRA memecoin scandal. 🟠 The case accuses Milei of participating in an illicit scheme that cost over 40,000 investors more than $4 billion, with onchain losses alone topping $251 million. 🟠 One of the LIBRA creators, Hayden Davis, allegedly bragged about paying Milei’s sister to control the President’s social media: “I send $$ to his sister and he does whatever I say.” 🟠 Despite viral posts and screenshots, Milei continues to deny wrongdoing, claiming: “I didn’t promote it. I just spread the word.” Now, lawmakers are considering impeachment. 📌 When memecoins go presidential, things stop being funny real fast. ➡️CRYPTO ROAST

🔤 They stole $40M. Then lost $27M in one big gulp 🟠 Remember ZKasino? In spring 2024, they lured users with a fake ZKAS token airdrop, asking them to bridge ETH with promises of a 1:1 return. 🟠 Instead, they sent $33M worth of ETH to Lido. Then disappeared. Almost a year later, their wallet got wiped — liquidated for $27.1M after a leveraged 20x long on ETH imploded with the market. 🟠 A broad market sell-off pushed ETH down to $1,480 — and with it, dreams of scamming riches went poof. 🟠 Dutch police arrested one of the suspects in April 2024. ZKasino promised to return ETH. It’s been a year. No ETH. No tokens. No updates. 🫠 Moral of the story: always keep custody of your assets. And if someone offers a "2-step bridge back process" with strings attached — close the tab. ➡️CRYPTO ROAST

🅰️ AI-powered fraud, human-level damage 🟠 A global scam ring run out of Spain just got exposed — six people arrested for orchestrating a $20M crypto-investment scheme boosted by AI, deepfakes, fake love stories and even fake Europol agents. 🟠 Here's the playbook: 1. Fake crypto investment with “guaranteed” returns 2. When the rug gets pulled, victims get a second call — “your funds are frozen, we can recover them… just pay a small deposit” 3. Still not enough? A third wave — this time “Europol” calls: “Pay the tax to unfreeze the funds.” 🟠 The twist? It all ran on targeted AI algorithms and deepfakes featuring famous Spanish personalities. Over 208 victims. Over $20M lost. And one scammer reportedly using 50+ fake identities. 🟠 Spanish authorities seized phones, hard drives, fake documents, and even a simulated firearm. And the fraud network spans multiple countries. 🤖 AI scams are no longer a hypothetical — they're global, scalable, and one step ahead of trust. ➡️CRYPTO ROAST

🔤 Where Are The Beans? 🫘 🟠 Nouns DAO dropped 135 ETH (≈ $150,000) to fund MOOØNBEANS, a branded crypto-backed canned beans project pitched by the ex-CEO of Sublime Butter. Three years later — no beans, no cans, no refunds. 🟠 Chris Mair, the guy behind the proposal, said he had the recipe, the branding, and a plan. Turns out, the company never agreed, the funds went straight to his wallet, and Mair got booted from Sublime for "erratic behavior." 🟠 Now he's blaming a “dark chapter” in his life and says he still wants to make the beans happen. Sublime filed a police report. DAO members filed disappointment. The bottom line? Not every quirky DAO-funded idea ends in a scam. But this one came in hot, fizzled out, and left the community with a very expensive empty can. ➡️CRYPTO ROAST

🤎 She lost $3M. He lost a whole bank. 🟠 Just days after a Maryland woman lost $3 million in a pig butchering scam, another case hit the headlines — but this time, the victim was the CEO of an actual bank. 🟠 Shan Hanes, former CEO of Heartland Tri-State Bank, funneled $47M of depositor funds into a crypto "investment" — only to get scammed by the same social engineering tactics. The result? The bank collapsed. 🟠 The FBI managed to recover $8M in crypto and is now returning it to 30 local shareholders who lost their life savings when the bank failed. These weren’t VCs. They were farmers, shop owners, everyday people from Kansas. 🟠 So next time someone says, "I’m too smart to fall for that stuff" — remind them even bank CEOs aren’t immune to pigs with long knives. Welcome to crypto's dark kitchen. 🐖 ➡️CRYPTO ROAST

🤎 She Thought She Was Up 80%. Instead, She Got Butchered 🟠 A Maryland woman just lost over $3 million in what’s known as a “pig butchering” scam — where fraudsters fatten you up with fake gains and then take everything. 🟠 It all started with a friendly message on a Korean chat app. Weeks of sweet talk, fake trading dashboards, and “look, you’re up 80%!” later, she handed over millions thinking she was riding the crypto rocket. 🟠 Spoiler: the only thing that went up was her blood pressure. When she tried to cash out, surprise — everything vanished. The fake platform? Gone. The fake trader? Ghosted. 🟠 And just when you think it can’t get worse — the scammers circled back, posing as “recovery agents,” offering to get her funds back... for a fee, of course. Lesson here? If someone says they can 10x your money with crypto and all they need is “just a little more” — run. 🐷 ➡️CRYPTO ROAST

😈 Karma Strikes: zkLend Hacker Loses $5.4M to Fake Tornado Cash Site 🟠 The hacker who stole $9.6M in ETH from zkLend just got wrecked — sending 2,930 ETH ($5.4M) to a phishing site pretending to be Tornado Cash. 🟠 In an onchain message, the hacker confessed: “I’m devastated... all the funds have been lost. I’m terribly sorry.” He asked zkLend to chase the fake site’s owners instead. 🟠 The wildest part? Someone had already warned him it was a scam link. He ignored it — and sent millions into the void. 🟠 zkLend responded simply: “Return all the funds left in your wallets.” The hacker instead moved more ETH elsewhere. Nice apology tho. 🎭 The bottom line? Classic web3 tragedy: steal big, get greedy, fumble everything. Now he gets to write a memoir called “How I Got Hacked After Hacking.” ➡️CRYPTO ROAST

🔤 Viral BTC Sleepover Turns Dark — Real Crime, Real Loss 🟠 2M views, hotel selfies, and whitepaper readings in bed — crypto influencer BTCconger (formerly LisaaBuilder) shook the feed with a post promising to “spend the night” with anyone holding at least 0.1 BTC. No strings, no fees — just Bitcoin bonding. 🟠 But things took a sinister turn. Chinese media linked her stunt to a real extortion case in Chengdu, where a dev was lured by a similar profile and robbed of 6 BTC after being blackmailed with fake evidence. 🟠 BTCconger denies everything, saying the extortion happened months before she rebranded and claims she’s prepping notarized proof. Still, one of her tweets appeared in the news report, and public opinion is shifting fast. 🟠 Some call it bold marketing, others cry exploitation. Either way — when viral campaigns blur into criminal headlines, things get messy fast. 🧨 The takeaway? In crypto, even memes can end with subpoenas. Don’t mix thirst traps with seed phrases. ➡️CRYPTO ROAST

🔤 Coinbase Users Phished for $46M — One Lost 400 BTC in a Single Click 🟠 According to blockchain sleuth ZachXBT, scammers hit multiple Coinbase-linked wallets in March, draining $46 million+ using classic phishing tactics like wallet spoofing and address poisoning. 🟠 One victim alone lost 400 BTC (~$34.9M) in a single transaction. The wallets looked almost identical to real ones — just one swapped character and boom, goodbye life savings. 🟠 Coinbase says they're investigating and reminds users: they’ll never ask for passwords, 2FA, API keys, or transfers. If someone does — it’s not Coinbase, it’s a con. 🟠 This isn’t the first time: over $65M in phishing-related losses were reported around Coinbase wallets between Dec–Jan. And the numbers are likely higher — support tickets and private complaints aren’t even counted. 🎣 Final thought? If you’re trading millions, triple-check the address. If you’re trading anything — double-check anyway. ➡️CRYPTO ROAST

❗️ 34 Chinese Scammers Jailed for $64M Fake Crypto Exchange 🟠 A gang in China launched a fake crypto platform called OURBIT, tricking over 30,000 people out of $64 million in under a year. The platform looked slick, claimed licenses in the US and UK, showed fake trading pairs — even faked price charts linked to Bitcoin. 🟠 They ran WeChat groups with fake "investment teachers", posted bogus profit screenshots, and used actors to build fake credibility. Victims were lured into “high-leverage trades,” only to be locked out once profits came in. To “unlock” funds? Just deposit more. Classic move. 🟠 The scam was a full-blown operation: tech team, sales team, fake support — even fake sub-agents who earned commissions on new victims' losses. 🟠 Now? 34 people sentenced to 3–12 years in prison. The court called it deliberate, structured fraud — and warned the public:

“Stay sharp. Quick profits often end in quicker losses.”

🎯 The takeaway? If the exchange feels too slick and the “teachers” too friendly — it’s probably not your money they want to grow. ➡️CRYPTO ROAST

☠️ UPD: Logan Paul vs Coffeezilla — Judge Says It’s Going to Court 🟠 A Texas judge just ruled that Logan Paul’s defamation lawsuit against Coffeezilla can move forward — because calling someone a “serial scammer” over a failed NFT project might actually be defamatory, not just “opinion.” 🟠 Paul claims Coffeezilla’s content around CryptoZoo wrecked his reputation. Coffee argued it was all commentary with disclaimers, but the judge said: "Not prominent. Not enough." 🟠 The court found the YouTuber’s language meets the legal definition of defamation, and noted the fine print in the video description won’t save him. 🟠 Meanwhile, CryptoZoo is still vaporware, there's a class-action lawsuit against Paul, and he's busy suing his own ex-partners to shift the blame. 📌 TL;DR: Court doesn’t care what you wrote under your video. ➡️CRYPTO ROAST

💵 Polymarket Just Got Rogued by Its Own Oracle — $7M on the Line 🟠 Polymarket, the popular crypto betting platform, just proved what many feared: its so-called “decentralized” dispute system can be hijacked — and this time, it verifiably scammed its own users out of millions. 🟠 The market: “Will Ukraine agree to Trump mineral deal before April?” – Polymarket clarified: No – Users voted: No – UMA oracle (after 2 disputes): Voted Yes 🤯 🟠 The twist? UMA's vote is controlled by just two whales, and this time, one went rogue — ignoring Polymarket’s clarification and resolving the market against reality. The result? People who bet on the truth lost, and the scammers won. 🟠 Total volume on the market: $7M Polymarket admits it was unfair, but says they can’t refund everyone. So… tough luck. 🃏 Trust the system? Not anymore. Betting is fun — until the oracle rewrites the ending and the platform just says “oops.” ➡️CRYPTO ROAST

⚡️ Abracadabra Hacked (Again) — $13M Vanishes from GMX-Linked Pools 🟠 DeFi lending protocol Abracadabra.Money just lost 6,260 ETH (~$13M) in a fresh exploit — this time via pools linked to GMX v2. 🟠 The attacker targeted MIM’s “cauldron” pools, which used GM liquidity tokens as collateral. GMX quickly distanced itself, stating its smart contracts weren’t breached — just the Abracadabra side of the setup. 🟠 The hacker used Tornado Cash to fund the attack and later bridged the stolen ETH from Arbitrum to Ethereum. 🟠 This comes just two months after a $6.5M exploit that depegged Abracadabra’s stablecoin MIM. So yeah — back-to-back rug energy. 🪄 Final spell? If your DeFi protocol gets hacked twice in two months, maybe the magic is gone. ➡️CRYPTO ROAST

🤘 Eminem’s Leaks Sold for $50K in Bitcoin — Ex-Engineer Busted 🟠 Eminem’s former sound engineer, Joseph Strange, has been charged by the FBI after allegedly leaking and selling 25 unreleased Eminem tracks for $50,000 in BTC. 🟠 The songs — recorded between 1999 and 2018 — reportedly ended up on YouTube and Reddit, sparking suspicion inside the rapper’s Ferndale studio. Strange, who was fired in 2021, allegedly violated his severance deal, which explicitly banned him from distributing any music. 🟠 The tip came from a Canadian buyer, who claimed the group crowdfunded the BTC among Eminem fans. That eventually led to a raid by the FBI, where agents found original handwritten lyric sheets in Strange’s home. 🟠 Now Strange is facing copyright infringement and interstate theft charges, and could land up to 10 years in prison. His lawyer says he’ll “seek justice and fairness.” 🎤 Lesson? Selling Slim Shady’s unreleased tracks for Bitcoin isn’t a flex — it’s a federal case. ➡️CRYPTO ROAST

🔤 Bithumb Raided as Ex-CEO Allegedly Used $2M Company Funds to Buy an Apartment 🚨 🟠 South Korean prosecutors raided Bithumb’s offices amid claims that former CEO Kim Dae-sik embezzled $2 million in company funds, allegedly using a lease deposit to purchase a personal apartment. 🟠 Bithumb admitted part of the story, saying Kim took a loan and repaid the money — but the scandal adds fuel to growing concerns about internal financial misconduct, just as the exchange pushes to go public with its long-delayed IPO. 🟠 It doesn’t stop there. A Wu Blockchain report claims multiple crypto projects paid millions in “listing fees” to get tokens listed on Bithumb and Upbit, some allegedly coughing up 3–5% of their token supply. 🟠 Upbit responded, demanding hard proof and the names of projects involved. Meanwhile, Bithumb’s IPO ambitions are shadowed by past legal drama and a 57% revenue drop in 2023. Bottom line? South Korea’s second-largest exchange is under a microscope again — right when it’s trying to clean up for Wall Street. Not the best timing. ➡️CRYPTO ROAST