Wu said that Jupiter founder meow recently announced a partnership with Irene Zhao to launch the meme launcher ASIANMOM. On-chain detective ZachXBT revealed that Irene Zhao had secretly reached a deal with DWF in her project SOCOL, without disclosing the terms to early investors, and the community was unaware of it, causing all early investors to suffer losses. ZachXBT also described Irene Zhao as a known scammer.