🔰 Current $WRX Price: $0.131
🔰 IEO (Initial Exchange Offering) Details:
▪️ Date: Feb 3-4, 2020
▪️ Funds Raised: $2 million
▪️ IEO Price: $0.02
▪️ Current ROI (Return on Investment): 6.57x (+556.8%)
▪️ All-Time High ROI: 292.38x (+29,138%)
▪️ Tokens Sold: 100 million WRX
🔰 Private Sale Details:
▪️ Funds Raised: $900K
▪️ Tokens Sold: 50 million WRX
▪️ Private Sale Price: $0.018
▪️ Current ROI: 7.3x (+629.7%)
▪️ ATH ROI: 292.38x (+29,138%)
🔰 Total Funds Raised: $2.9 million
🔰 Token Supply Overview:
▪️ Total Supply: 1 billion WRX
▪️ Private/Pre-sale Allocation: 5% (50M WRX)
▪️ Public Sale Allocation: 10% (100M WRX)
🔹 Token Distribution:
1⃣ Foundation: 30% (300M WRX)
Locked: 6% (60M WRX)
Unlocked: 24% (240M WRX)
2⃣ Partnership & Ecosystem: 20% (200M WRX)
Unlocked: 20% (200M WRX)
3⃣ Product & Marketing: 20% (200M WRX)
Unlocked: 20% (200M WRX)
4⃣ WRX Airdrop: 11.1% (111M WRX)
Unlocked: 11.1% (111M WRX)
5⃣ Binance Launchpad Sale: 10% (100M WRX)
Unlocked: 10% (100M WRX)
6⃣ Private Sale: 5% (50M WRX)
Unlocked: 5% (50M WRX)
🔰 Key Facts:
➡️ Unlocked Tokens: 94% (940M WRX)
➡️ Locked Tokens: 6% (60M WRX)
➡️ Team's Allocation: 64% (640M WRX), all unlocked
🔰 Potential Earnings:
▪️ Team's Earnings: Selling 50% of their Team Allocation tokens (320M WRX) at $2/token could have made $640 million (₹55,000 crore) ( WRX/USDT Went upto $6.66 )
▪️ Airdrop Allocation: 11.1% (111M WRX) might have benefitted the team/partners.
▪️ 50% of the WRX allocation went to the team, with 5.55% of airdrop tokens netting them around $111M if sold at $2, as the majority of WRX holders are on the team
🔰 Conclusion:
#WazirX likely earned over $1 billion from #WRX tokens. The $230 million hack is small compared to their overall profits, meaning they could easily cover the losses if they chose to.
Additional sponsor and OTC deals could add even more to their earnings.
Note: The $230M hack seems minor compared to the team's potential earnings.
In this post, I focused on the WRX token earnings and team profits, but didn't touch on WazirX exchange's other significant earnings
Beyond WRX, the team likely multiplied their raised funds by investing in strong projects, seed rounds, private sales, and potential gems like #Bitcoin #Ethereum and more.
These investments have likely grown substantially over the past 3-4 years, adding to their hidden profits.
These are my views, and they might be incorrect.

#CryptocurrencyInsights #CryptoInvestigation #cryptoinvesting #WRX #WazirXHack

TruthLabs Claims MrBeast May Have Financed PEPE Token via Controversial Founder
Investigative group TruthLabs claims that YouTube star MrBeast (Jimmy Donaldson) may have sent funds to wallets linked to Zachary Testa, the founder of the PEPE token. This allegation raises questions about potential hidden connections and transparency in crypto investments, especially when involving high-profile personalities.

Domains and Connections with Ethereum Wallets
TruthLabs suggests that Testa, reportedly a cryptology technician for the U.S. Navy, owns several Ethereum Name Service (ENS) domains, such as “jswipeapp.eth” and “delahoussaye.eth.” These domains are reportedly connected to his wallet, sparking suspicions about his involvement in various cryptocurrency and NFT projects. The domain “jswipeapp.eth” is particularly intriguing, as it is associated with the dating app JSwipe, which was once owned by Steven Nerayoff, a controversial figure in the crypto world. This connection hints at a complex network that goes beyond MrBeast and involves multiple influential individuals.
TruthLabs Calls for Accountability and Greater Transparency
TruthLabs, known for its efforts to expose unethical practices in the crypto space, emphasized that this investigation is part of their broader push for transparency. By linking MrBeast to Testa’s wallets with ties to questionable ENS domains, TruthLabs aims to shed light on the ethical risks that can arise from influencer involvement in crypto projects. There is increasing pressure within the community to ensure that public figures remain transparent about their investments.
Potential Impact on MrBeast’s Reputation
If the allegations are confirmed, the ties between MrBeast and Testa could reveal a deeper connection to NFT and cryptocurrency projects, possibly involving undisclosed interests. This could affect MrBeast’s public image, as his philanthropic activities are a key part of his popularity.
A Call for Accountability Among Crypto Influencers
TruthLabs urges the public and regulatory bodies to closely examine potential links between crypto influencers and controversial projects. They demand accountability from high-profile figures who may knowingly or unknowingly endorse risky projects. This investigation could mark the beginning of a more extensive examination of celebrity involvement in the NFT and cryptocurrency sectors.

#pepe⚡ , #memecoin🚀🚀🚀 , #CryptoInvestigation , #CryptoCommunty , #CryptoNews🚀🔥

Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“