Satoshi-VM Accuses Ape Terminal of favoring Ape Terminal โ๏ธ๐
โInitial DEX Offeringโ (IDO) launchpad Ape Terminal has been accused by an advisor to the SatoshiVM (SAVM) project of scamming โall of the IDO launches on their platform.โ
The claim was made on X (formerly Twitter) by โMacnBTC,โ who also alleged that Ape Terminal directed rewards to wallets associated with the team and is making โmillions selling the winner wallets.โ
A person I considered a friend and ate dinner with a week ago has lied to my face, betrayed and scammed me, several IDOs and the Crypto community.@theapeterminal has scammed all of the IDO launches on their platform
200,000 wallets applied to win the IDOs and 10 winners gotโฆ
โ Mac (@MacnBTC) January 24, 2024
Other X users also attempted to analyze the distribution of rewards associated with the SAVM project and highlighted that proceeds were distributed to only 10 wallets instead of the 100 that were originally advertised.
This analysis tied several of these wallets to activities linked to the Ape Terminal team and to DAO Maker, the last product of Hatu Sheikh.
Other projects that have launched on Ape Terminal have claimed that Hatu Sheikh is also the founder of Ape Terminal. Supporting this thesis is the fact that Hatu is one of only two X accounts associated with individuals that Ape Terminal follows on the platform.
Hatu Sheikh is one of two accounts associated with individuals that Ape Terminal follows on X.
Ape Terminal has responded to some of these accusations, claiming that โMacnBTCโ is more of a founder than an advisor, that SAVM was selling significant quantities of the token, that the sale was modified while in progress at the request of MacnBTC, and further claimed it had returned the fee.
A wallet related to the @SatoshiVM team is selling $SAVM!
Wallet"0xfdac" received 420K $SAVM($4.7M) from the @SatoshiVM team wallet.
#TRADENTELL PLEASE Don't Forget To Show Your Appreciation โค๏ธ๐.
Disclaimer :-
This is not an investment advice.