Safemoon down 26% in a day as Coffeezilla video exposes the CEO's direct fraud.
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Safemoon down 26% in a day as Coffeezilla video exposes the CEO's direct fraud.

<!-- SC_OFF --><div class="md"><p>Here's the video first: </p> <hr/> <h3><a href="https://www.youtube.com/watch?v=CzbBi0agLNg">I UNCOVERED A BILLION DOLLAR FRAUD</a></h3> <hr/> <p>To summarise the actions of John Karony, the CEO: </p> <p>Enacted the 100% tax honeypot, covered by myself <a href="https://www.reddit.com/r/CryptoCurrency/comments/tuumsi/safemoons_v1_100_tax_results_in_the_theft_of/">here</a>, but the major story <sup>as <sup>though</sup> <sup>tens</sup> <sup>of</sup> <sup>millions</sup> <sup>of</sup> <sup>dollars</sup> <sup>stolen</sup> <sup>isn't</sup> <sup>a</sup> <sup>big</sup> <sup>story</sup></sup> is that he had a deal with the Crypto Exchange Bitmart, who ran their own version of Safemoon's &quot;tokenomics&quot; (10% buy and sell tax) - so what they would do is redistribute 5% to holders themselves, and then send 5% of transactions to Karony which Karony was supposed to add to the liquidity pool. </p> <h4>Except he did not</h4> <p>He appears to have kept it. </p> <hr/> <p>So what this means is that all the people that have gone blue in the face telling us that John was cleaning house, getting rid of all the bad apples.. well he was just as crooked as the rest of them. Truly a den of thieves. </p> <h2>Birds of a feather flock together</h2> <p>What's mad is laying it all out... </p> <ul> <li><strong>Kyle</strong> who copy-pasted the contract kept withdrawing from the Liquidity Pool even while claiming you couldn't and that Safemoon was &quot;rugpull resistant&quot;<br/></li> <li><strong>Thomas</strong> who lied about his Ripple job offer, lied about his development credentials and continually siphoned funds from the liquidity pool into his own wallet<br/></li> <li><strong>John</strong> who constantly claims Safemoon is the evolution, sets up dodgy deals with Bitmart and creates the V1-&gt;V2 honeypot<br/></li> </ul> <p>It just goes on and on. Every week a new stone is unturned and people find more and more filth and scum. </p> <p>But it just slides off the back of the criminally-deluded Safemoon Army. Today has seen three wallets sell $500,000 between them, and we're only a few hours after the wallet released. The whales are not happy about this, but the casual holders? </p> <p>Here are some quotes from their sub... </p> <blockquote> <p>Buy the DIP, Safemoon to the moon, if you sell you, then you is a low life. LOL Dimond hands baby. We will be rich in 5 years. People fud bitcoin and look where we at 10 years later. Buy the Dip and you will be rich in 5+ years.</p> <p>1 billion volume is coming...We will be on all major exchanges soon. Love these tasty dips. </p> </blockquote> <blockquote> <p>Just watched, it's bad on so many levels. But he's at least good at editing. He makes a lot of arguments but fail to provide any proof. </p> </blockquote> <h1>MY DUDE HE LITERALLY GAVE YOU THE BLOCKCHAIN TRANSACTION HASHES IN THE VIDEO MY DUUUUUUUUDE.</h1> <blockquote> <p>The Video is pure conjecture and open-ended opinions that leads the watcher (by the nose) to form an opinion off of nothing; but it sounds good. </p> </blockquote> <blockquote> <p>He's just after clicks and is trying to profit from spreading fud about safemoon for his own financial gain and popularity, nothing more </p> </blockquote> <blockquote> <p>I made my mind last year. I have a goal to achieve and every new wave of fud and dip that comes after is only a great way for me to buy more. </p> </blockquote> <p>This is the biggest heads-in-sand moment I've ever witnessed. When will they wake up? When John is in jail? When Safemoon is 0.00000000000000001? Or is that just another great buying OP? Fuck a rubber duck.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/TNGSystems"> /u/TNGSystems </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/u6ptgl/safemoon_down_26_in_a_day_as_coffeezilla_video/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/u6ptgl/safemoon_down_26_in_a_day_as_coffeezilla_video/">[comments]</a></span>Kind Regards R
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