Dispatches
Reports from the trenches: the rugs worth remembering, the communities worth watching, the fights worth understanding. Every claim links to its evidence.
Is the leaked Bubblemaps–Proxima contract real? The Bubblemaps address on it wasn't the company's until June 2025
A "contract" posted on X on 2 November says Proxima has paid Bubblemaps $45,000 a month since April 2025. It is dated 11 April 2025 and gives Bubblemaps' office as 9 Rue des Colonnes, Paris. France's company register shows Bubblemaps registered in Levallois-Perret until it opened that Paris office on 20 June 2025. Bubblemaps says the document is forged.
Nov 3, 2026BRIEFINGIs the "UNI" (Superman) coin's 99% lock what it looks like? The locks pay back to the developer
The developer of the Solana coin "UNI" (jM9r…pump), not Uniswap's UNI, bought about 99% of its supply when creating it and put it into five Streamflow locks. Every lock names the developer's own wallet as the one that gets the coins back: about 90.5% on 31 December and 7.9% on 31 October 2027. The developer sold its unlocked rest, about 0.3%, for about 2,063 SOL about five to six minutes after launch.
Nov 2, 2026BRIEFINGWe re-ran three quants.md strategies on six crypto majors: none came close to just holding the coins
quants.md is a free, open library of 50 trading strategies from QuantJourney, built for US ETFs, FX and futures. We ran three that suit crypto majors through its own open backtester, on real daily prices for six large coins from December 2020 to October 2026, at 15 basis points a trade instead of the library's default of 1. All three ended far below simply holding the coins, and even at its 1 basis point default the result was about the same. That's one past period, mostly a rising market, and it isn't advice.
Oct 31, 2026BRIEFINGIs useinversexyz[.]com real? Inverse's own account links useinverse.xyz; the "$INVERSE allocation" site was registered a day later
Inverse's X account, @useinversexyz, links its site at useinverse.xyz, registered on 27 October. Posts on X saying "$INVERSE allocation is now live" link to useinversexyz[.]com instead, a domain registered on 28 October through a different registrar. Inverse hadn't announced any allocation as of 11:12 AM ET on 30 October. Don't connect a wallet or sign anything there.
Oct 30, 2026BRIEFINGIs the $CHIMP airdrop checker you were sent real? The one ChimpX posted is token.chimpx.ai; two other "checker" sites were registered this morning
ChimpX's account posted its $CHIMP airdrop checker at 4:55 AM ET on 28 October, and the link goes to token.chimpx.ai. Two other "checker" sites being pushed on X today were registered hours earlier the same day. We haven't seen what they do after you connect, so don't connect.
Oct 28, 2026BRIEFINGIs the "Jupiter Foundation" airdrop real? No: Jupiter's Q3 ASR is on jup.ag, and the "Foundation" claim page is a look-alike registered today
Jupiter's Q3 ASR went live on jup.ag at 10:12 AM ET on 20 October. Replies under Jupiter's post push an X article from @JupiterFDNT, an account calling itself "Jupiter Foundation"; its claim link ends at jupiter-foundaton[.]com, a misspelled domain registered at 4:22 AM ET today. Claim only on jup.ag.
Oct 20, 2026BRIEFINGIs $MRBEAST MrBeast's official coin? We found no sign it's his
A pump.fun coin launched on 19 October calls itself "Official MrBeast Coin" in its own token data. MrBeast hasn't posted about any coin, its website was registered an hour before launch, and its X account was unavailable when we checked. Its price fell from about $1.3M to about $3K in two minutes at 9:01 PM ET.
Oct 19, 2026BRIEFINGIs the "Trump $1 coin" presale real? No: Binance hasn't listed it, and the presale site is three days old
Posts on X say Binance announced a "Donald Trump $1" listing and link an "Official Presale" that takes SOL. Binance's listing announcements show no such coin, the site was registered on 16 October, and the token it sends has no trading pool on DexScreener or Jupiter. Don't send it SOL.
Oct 19, 2026BRIEFINGIs the Hyperliquid "Season 2" vote real? No: the vote sites going around today aren't Hyperliquid's
Look-alike Hyperliquid accounts are pushing a "$HYPE Season 2 Rewards Proposal" vote. Every site they link to was registered on 19 or 20 October, and Hyperliquid's own accounts haven't announced any vote. Don't connect a wallet or sign anything.
Oct 19, 2026BRIEFINGIs otc-desk.fun safe? No: it's a fake $OTC "Holder Crates" page carrying the same wallet-signing code as stonkfoundation.fun
otc-desk.fun was registered in the same second as the fake $STONK crates site, serves byte-identical wallet-signing code, and is promoted by an X account posing as OTC's. The page says there's no wallet connection; its code is built to make your wallet sign.
Oct 18, 2026BRIEFINGIs stonkfoundation.fun safe? No: it's a fake $STONK "Holder Crates" page carrying wallet-draining code
stonkfoundation.fun was registered at 1:21 PM ET today and is promoted by an X account posing as StonkFun's. The page says it will never ask you to connect a wallet; its code is built to make your wallet sign transactions.
Oct 18, 2026INVESTIGATION$YILONGMA, $MINTER, $CATSZN: one fresh wallet funded 24 buyers in each, and got 12,307 SOL back
$YILONGMA, $MINTER and $CATSZN launched on 17 October the same way: one wallet paid 24 wallets seconds before launch, they bought about 90% of the supply in the launch block, sold nearly all of it to later buyers, and sent 12,307 SOL back to the three funders. A fourth, $startupSI, a fifth, $Vader, and a sixth, $Doomsday, followed it on 18 October, a seventh, $discat, an eighth, $MILO, and a ninth, $BORLY, on 19 October, and a tenth, $PEPEMON, an eleventh, $DTC, a twelfth, $CYCLE, a thirteenth, $KIMCHI, and a fourteenth, $Pokecity, on 20 October, a fifteenth, $KIMCHIBULL, and a sixteenth, $OA, on 21 October, a seventeenth, $SHAVCOIN, and an eighteenth, $KIMCHINU, on 22 October, and a nineteenth, $ODIE, a twentieth, $BITCHES, and a twenty-first, $YMBCOIN, on 23 October, and a twenty-second, $PRIVACY, a twenty-third, $SWORDOPE, a twenty-fourth, $WRHND, and a twenty-fifth, $MAYA, on 24 October, and a twenty-sixth, $TIT, and a twenty-seventh, $GTA, on 25 October, and a twenty-eighth, $ANT, a twenty-ninth, $LMAO, a thirtieth, $CHICO, a thirty-first, $ELON2028, a thirty-second, $TRUMP2028, and a thirty-third, $███WIF, on 26 October, and a thirty-fourth, $Something, on 27 October, and a thirty-fifth, $DUBBLE, and a thirty-sixth, $CATBOT, on 28 October, and a thirty-seventh, a third "Hyper-Chan" (3ApV…pump), on 29 October, and a thirty-eighth, "PAWCAT" (762Z…pump), on 31 October, and a thirty-ninth, $ANAKIN, on 1 November, a fortieth, $Ahsoka, on 2 November, and a forty-first, "Grab That Ass" ($GTA, 7F8B…pump), and a forty-second, $AMC, both on 4 November. A forty-third, $COGE, and a forty-fourth, "A Meme Dacity" ($AMD, oCZH…pump), followed on 5 November. A forty-fifth, "Diamond Hands" ($HODL), came on 6 November. A forty-sixth, "OnlyCats" ($OnlyCats, BAft…pump), came on 9 November. A forty-seventh, "GTAVI AudaCity" ($DACITY, 5tBX…pump), a forty-eighth, "Leonida" ($LEONIDA), and a forty-ninth, "nihao cat" ($NIHAO), came on 10 November.
Oct 18, 2026 · one wallet funds the launch-block buyers and gets every sale's SOL backBRIEFINGIs my Qubic wallet safe? Not if its seed was made on an iPhone, iPad or Safari before 18 October
1,404 Qubic wallets were drained overnight through weak seeds. The network is halted, so nothing can move. Here's who is affected, where the QU sits, and whether qubicmap.org's checker is safe to use.
Oct 18, 2026BRIEFINGThe wallet rrealist says holds his stolen funds: $719K USDC reached a HitBTC deposit address within 2 h 43 min, and 346 SOL left through NEAR Intents
On 12 October @rrealist said he had been robbed of about $800K and linked one wallet as holding the stolen funds. We followed that wallet forward on-chain. Its $718,736 in USDC went to an address that was swept, with other deposits, into a wallet Solscan labels "HitBTC: Hot Wallet 1". Its 346 SOL was swapped through NEAR Intents into 14.70 ETH; 12.30 ETH of it sat in one Ethereum wallet on 14 October.
Oct 14, 2026INVESTIGATIONFloyd Mayweather posted two coins. One pair of wallets created both, and the Tiglets creator sold 65 seconds after his post
On 13 October Floyd Mayweather's X account posted the addresses of two Solana coins, $FLOYD and Tiglets, and later deleted both posts. On-chain, one wallet created $FLOYD and funded the wallet that created Tiglets. That creator sold its whole stake 65 seconds after his Tiglets post. Both wallets then paid the same address.
Oct 14, 2026 · celebrity-posted coins created by one wallet pair; one creator sold right after the postINVESTIGATIONThe wallet that launched $HIRE sold its 22% two seconds later. HIRE's fee wallet now sends it the SOL from its sells
HIRE sells an AI marketing team for memecoins, paid for with a share of every coin's fees. We followed the money on launch day: the wallet that created $HIRE sold its stake in two seconds, and it is where HIRE's central wallet sends the SOL from selling those fees.
Oct 12, 2026 · launch wallet sold at launch, then received the fee wallet's sell proceedsBRIEFINGPapertrade says its overnight winner gave “almost all” his profit back. The records show $1.1M still out
The trader's main wallet took $1.28M out of Papertrade, exactly as @btlrtrades said. The one linked account we found lost $177K of it back, and $2.64M USDC was in the trader's Hyperliquid wallet on 11 October.
Oct 11, 2026INVESTIGATIONA pump.fun caller's wallet handed tokens to the wallets selling into his call
On 6 October, @0xEthan's pump.fun profile wallet bought $dabcat in the same block as three other wallets. Those three sold into his callout. Then his wallet sent two of them 16 million tokens, and both sold within 2 seconds.
Oct 11, 2026 · BUY, CALL, SELLBRIEFINGHunter Biden says $LAPTOP's founder coins never moved. That wallet checks out, but its signers run the rest of the supply too
The founder wallet still holds all 300 million tokens. The same signers control the wallets that received the rest of the supply, and three of those have sent out about 178 million tokens, including 30 million three and a half minutes after trading opened.
Oct 7, 2026FIELD REPORTThree pump.fun coins, one playbook: a wallet pays for the whole launch, then takes the SOL back
On 6 October, three pump.fun coins graduated in their launch second. Each time, one wallet funded the buyers seconds before launch, they bought the entire launch curve and more from the new pool in the same block, sold it within two hours, and sent the SOL back to that wallet.
Oct 7, 2026BRIEFINGThe $4M frogman drain: three chains emptied in 69 seconds, and the SOL went into a privacy pool
A trader said he was drained of $4M+ while asleep at TOKEN2049. We followed the wallets an on-chain researcher named: Solana, Base and BNB Chain emptied within 69 seconds, one gas wallet tied to the EVM side, and $1.6M of SOL into Privacy Cash.
Oct 7, 2026BRIEFINGHooki's first day: 13 rule changes on $HOOKI, nearly all about selling
Hooked's agent rewrote $HOOKI's transfer rules 13 times and burned 0.58% of supply in its first 24 hours. The market cap fell about 69% from its high. Here's every change, from Hooked's own log.
Oct 6, 2026BRIEFINGStrangers are paying Daniel Berk's Cybertruck fund on X Money. A coin he didn't launch pays them back
Backers, a new Solana launchpad, names an X user on each coin and repays anyone who sends that user money on X Money, out of the coin's trading fees. We checked where the money comes from.
Oct 6, 2026BRIEFING$MEMEAGENCY's crash: the creator's funder paid the big sellers' gas and collected their SOL
$MEMEAGENCY fell from about $10 million to about $129,000 on 6 October. The wallet that funded its creator a second before launch also paid gas for the two largest sells in the crash and received their SOL.
Oct 6, 2026BRIEFING$SWAP's 3-second crash: the sellers' SOL and the creator's went to the same wallet
At 1:12 AM ET on 6 October, 119 wallets sold $SWAP within about three seconds and its price fell 98%. Fifteen minutes later, 114 of them signed transfers into one wallet, the same wallet the coin's creator had paid two minutes before.
Oct 6, 2026BRIEFINGFake vote pages find new coins at launch, long before they run
On ten coins that ran on 5 October, the first fake "vote" post arrived before the run every time, and on seven of them within 76 minutes of launch. Claim and rewards sites followed on the biggest.
Oct 5, 2026BRIEFINGSaturday's hottest new coins paid their creators about 2,400 SOL in fees
Four of Saturday's trending launches sent their creators about 2,400 SOL in trading fees within a day. Two others, on Agency, were sold by their creators within a minute of launch.
Oct 4, 2026BRIEFINGJupiter airdrop checker: the real one, and jupag.pro, the fake 'frozen JUP' page
Jupiter's only checker is on jup.ag, and it never claims for you. A fake page, jupag.pro, says your JUP is frozen and asks you to sign. It's still up.
Oct 2, 2026BRIEFINGparasiteonsol[.]fun: does Parasite's host-token burn work?
Parasite's burn worked when fed, but its keeper sent no feeds for 31 hours and holder payouts paused for about 38. On 8 Oct its admin key closed the program.
Oct 2, 2026BRIEFINGmote.cash: launch a coin without a wallet. So who holds the keys?
Mote launches your coin with no wallet and no sign-in. Until you secure it with your email, Mote holds the wallet your creator fees go to.
Oct 2, 2026BRIEFINGStonkFun vs pump.fun: pairs, fees, volume and what to check
How StonkFun and pump.fun differ: what a coin can pair with, who gets the fees, how much volume each does, and what to check before buying a StonkFun coin.
Oct 2, 2026BRIEFINGIs usepaid.app safe? We checked the UsePaid claim portal
As of 2 October, claiming on usepaid.app can't drain your wallet: it never asks you to sign. Payment is the open question. A copy sits at usspaid[.]app.
Oct 2, 2026BRIEFING$WIRED coin on pump.fun: the 'verified' dev sold at the top and kept ~390 SOL in fees
$WIRED had pump.fun's "Verified coin" badge. Its creator sold everything 32 minutes after launch and kept about 390 SOL in fees. Site and X: gone.
Oct 2, 2026BRIEFINGTradeWiz drain: 20,800 wallets, two-thirds emptied after the warning
TradeWiz's SOL PVP wallets were drained of 3,523 SOL. Most went after its 30 Sep warning. Since then the drain's main wallets have swapped their SOL into USDT on Tron, and the 435,055 USDC a second sweeping wallet built up has moved on.
Oct 1, 2026FIELD REPORTOn StonkFun's new pairs, the first minutes belong to a bot fleet
Five new StonkFun pairs, one pattern: about 20 wallets launch coins seconds after the pool opens, sell within seconds, and take about two-thirds of their haul before StonkFun posts.
Oct 1, 2026BRIEFINGPart of StonkFun's reward tax went to the team
An 86,000-view post said the tax StonkFun holders pay partly ends up in team wallets. It named the wallet. We checked the transactions.
Sep 30, 2026BRIEFINGAxiom's $10 million fee for a queue you can't skip
On Robinhood Chain, Axiom adds a "Priority" payment to trades. The chain says no fee can move a transaction ahead. The payments go to a wallet in Axiom's own app, and they've passed 3,900 ETH.
Sep 29, 2026INVESTIGATIONThe fake Moonshot vote names its payout wallet
A fake "listing vote" for BOB spread on X on Monday. Its code has the wallet the money goes to written into it. That wallet has already drained nine others.
Sep 28, 2026 · WALLET DRAINERBRIEFINGBob can't sell. The project wallet can.
BOB's site promises that the wallets its fees create never sell. On Monday 1,796 of them were emptied into the project's own fee wallet, which sold all 38 million tokens within minutes. The page that promises to list every move lists none.
Sep 28, 2026BRIEFINGFor memes, press 1
A tokenized Nokia share reached Solana on Monday morning. Two minutes later StonkFun let anyone launch a coin against it. By lunch there were 313, and two of them held most of the money.
Sep 28, 2026BRIEFINGIs stuckfunds.eth.limo safe? We checked it, then claimed
stuckfunds.eth.limo is read-only: no wallet connection, no signature. It found an old Polygon withdrawal of ours. How to check and claim safely.
Sep 28, 2026BRIEFINGParty hat mania
A RuneScape joke became a $28 million stack of coins on StonkFun in sixteen days. It took one night to come apart.
Sep 27, 2026BRIEFINGThe launchpad war, by the numbers
StonkFun out-earned pump.fun, drew a wave of allegations, then lost its X account. Holders say pump.fun did it. The numbers put the events in a different order.
Sep 27, 2026INVESTIGATIONThe wallets that traded around McLaren Crash
A coin bought live on a streamer's broadcast was launched from a wallet funded 19 minutes earlier. Its profit went to a casino. One wallet from that night turned up again in September 2026, funding the next launch.
Sep 27, 2026 · CREATOR FUNDED MINUTES BEFORE LAUNCH