ZachXBT Exposes WEB3 Presale Scam — Direct Ties to Squiggles NFT Rug Pull Revealed
Blockchain detective ZachXBT drops another bombshell—linking a suspicious WEB3 presale directly to the infamous Squiggles NFT rug pull.
Pattern Recognition Exposes Repeat Offenders
Same wallet addresses. Same modus operandi. The digital fingerprints match perfectly between the new 'WEB3' token offering and the Squiggles collapse that vaporized investor funds last year. ZachXBT's forensic analysis traces the money flow through multiple shell accounts before it ultimately—surprise—disappears.
Due Diligence or Die Trying
Investors chasing the next moonshot rarely check pedigrees. This presale pumped its 'exclusive early access' narrative while quietly recycling infrastructure from previous scams. Another classic case of 'innovation' meaning new ways to package old cons—the crypto equivalent of putting lipstick on a Ponzi scheme.
When 'Disruption' Means Disappearing Funds
The WEB3 project promised decentralized utopia but delivered centralized exit liquidity. Their whitepaper reads like a greatest hits compilation of crypto buzzwords—zero substance, maximum hype. Another reminder that in the wild west of digital assets, if something looks too good to be true, it's probably already rugged.
Read More
Michaela has no crypto positions and does not hold any crypto assets. This article is provided for informational purposes only and should not be construed as financial advice. The Shib Magazine and The Shib Daily are the official media and publications of the Shiba Inu cryptocurrency project. Readers are encouraged to conduct their own research and consult with a qualified financial adviser before making any investment decisions.