There are so many scams, and when the market are green (more or less), scammers come back in full force in the crypto universe.

So here I am, after 2 months of my time lost on this Social-Fi project that rugged 3 days ago.

Name of the Project: Superfans Tech

Token: FAN

What happen?

Three days ago, one of the dev of the project closed the page of the project, where most of the holders were staking the tokens.

He closed also the Twitter page, and took control of the secondary project they were launching the meme coin $MOON (@MoreGenFreeMoon). 

I was able to track down whoever minted the $MOON token (Solana address Hkj9VX1egAmwesPDhwnNffvimcaL8GpDkDSmf3XWeQvN) has been dumping on the market the $FAN token as well with an elaborate scheme.

3 days ago the owner of Hkj9VX1egAmwesPDhwnNffvimcaL8GpDkDSmf3XWeQvN has sent to JEChMLmi1ag3KjCJJcxK4MpPAWfvdWHPtxEaGiswpxfY some SOL, and this address is sending some SOL to other 100 wallets, all these 100 wallets are all new fresh wallets and they are dumping $FAN token airdropped to them.

To make it clear:

Hkj9VX1egAmwesPDhwnNffvimcaL8GpDkDSmf3XWeQvN ---> SOL to JEChMLmi1ag3KjCJJcxK4MpPAWfvdWHPtxEaGiswpxfY

JEChMLmi1ag3KjCJJcxK4MpPAWfvdWHPtxEaGiswpxfY ---> 0.01 SOL to 100 wallets

100 wallets ---> dumping small amounts of $FAN tokens airdropped from DP1LXQQiqiJJi9k86FuxkekboymBCDzM8ASLkftUjGBM (probably the liquidity pool)

This rogue dev is probably not working alone and since the hack he was able to dump 40% of the supply in the market.

DP1LXQQiqiJJi9k86FuxkekboymBCDzM8ASLkftUjGBM has 50% of the token supply.

On the other hand whoever is left of the team is trying to pick up the pieces. 

Digging a bit further, one the owner was previously involved with another project that rugged: WEYU.

I don't know much about this token, but it rugged back in 2021, just it's very suspicious that 2 projects with a common dev rugged.

Some people of $WEYU leaked the name of this dev: Chris Dawe (@SuperSoze on Twitter and Discord).

This guys SuperSoze/Chris is trying to save this project cause his version is that a rogue dev (Mark) is doing all this. Honestly I don't trust him, although he showed his face during a livestream trying to explaining what was happening, it's too weird that 2 projects he was involved with, both rugged.

On the worst side all this happened the day before they were launching the $MOON token, and it's not clear yet were the funds raised for this meme coin are. I was lucky enough to not participate, but I have a feeling this funds are lost as well.

I am writing this article with the information I was able to find and please DON'T BUY $FAN.

SuperSoze/Chris is saying that the team is doing the following:

1.⁠ ⁠Work on accessing accounts and getting them up and running again.

2.⁠ ⁠Continue to communicate with the community every step of the way.

3.⁠ ⁠Criminal charges have been filed against the ex-members responsible for this coordinated attack.

4.⁠ ⁠I just want to do Spaces but am going to settle for Discord in live voice discussions until my account is reinstated.

5.⁠ ⁠A new date will be announced soon for the $MOON TGE

6.⁠ ⁠Rewards are going to be plentiful for those supporting us in these challenging times.

I think both projects are dead, and he is trying to save face. I find very fishy that I was able to find the wallet responsible for dumping the tokens very quickly, and his team didn't. I'm not sure if he is responsible for this, but whoever did it, killed a good idea.