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Recap In this section we have demonstrated that a wallet network with provable ties to the FAIRMOON developers sold FAIRMOON tokens prior to the War on Rugs bug announcement. The token sell netted the network 1.8 million USD ! These funds have then been dispersed into multiple wallets, some of which were Binance deposit addresses. FAIRMOON’s Statement. Following War on Rugs’ announcement, FAIRMOON posted a statement on their Telegram Announcement channel where it can be found in full. We will review specific claims from the statement and identify questions that are raised, based on information presented here. The statement itself describes the role of a fairmoon developer, Miley, who allegedly betrayed the developer team, buy litecoin credit card. As the community grew rapidly, Miley helped form our partnership with WarOnRugs and was our main point of contact between both communities. The majority of our leadership and community only heard about the project and joined after the partnership was announced As we kept growing, Miley mostly worked independently on different aspects of the project and relayed updates with the team. She directly developed our current website under her ownership, and coordinated our Twitter giveaway with the generosity of our larger holders. Miley has been in charge of the War on Rugs partnership, worked independently on “different apsects” of the project and only relayed information to the rest. She also coordinated Twitter giveaways with the help of “generous large holders”. Note that the statement makes no mention of the burn event and who was generous enough to burn 100 million FAIRMOON tokens. The tweet however cites that “we (read: FAIRMOON team) have burned 100 million tokens”. The giveaway was also only attributed to “generous large holders” in a statement long after the giveaway happened. The next section outlines “The Betrayal” After our original Fairmoon contract developer found an economic bug in our liquidity protocol, he carefully brought it to our top leadership’s attention to Tommy, then No Mercy, then eventually Miley. When Miley understood the issue, she shared this information with her large holder contacts, then WoR, and dumped her bags on us, going radio silent, and deleting her account. WoR relayed the bug information immediately on twitter. This sequence of events seems to add up with our analysis, but the timeframe is obscured. At this point, we are forced to assess the truthfulness of various statements by the parties involved. If we assume that War on Rugs immediately disclosed the bug, the length of time between Miley sharing details of the bug with her “contacts” and Miley informing War on Rugs of the same is at least 30 hours. This is evidenced by the length of time between the first insider selloff and War on Rugs’ statement, as shown on the chart. It is safe to assume that when funds are shared within a network, information is also shared. Therefore, a sell from a member of the network likely indicates that the entire network was aware of the bug. It seems that either War on Rugs or FAIRMOON developers withheld the bug information for up to 30 hours. Assuming War on Rugs immediately disclosed the information, it is FAIRMOON which withheld the bug information. We soon discovered that she ran off to form SAFEFAIRMOON, to continue milking the situation from the chaos she started. This copycat clone is intended to make a mockery of both our project and WoR. Binance vet drop Photo by executium on unsplash. The rise of cryptocurrencies, led by bitcoin, has piqued interest of. Buying litecoin with a credit or debit card is possible on ledger live from our. Buy litecoin (ltc) with crypto, card (visa, mastercard) or bank ✓ you can purchase ltc coins online in just a few minutes ➤ proven method in the middle. 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Zhao and Binance’s statements Tuesday and today followed the company’s recent move to greatly reduce the high leverage — or the amount of potential debt — that crypto traders can take on its platform. On Monday, following an announcement by Sam Bankman-Fried, CEO of Hong Kong-based crypto derivatives exchange FTX, that FTX was removing high leverage and capping margin trading to 20x, Zhao tweeted: “@binance futures started limiting new users to max 20x leverage last Monday, Jul 19th, 7 days ago. (We didn’t want to make this a thingy).” Leverage limits for new accounts opened within the past 30 days on the Binance Futures platform — where customers can go long or short with leverage — have been reduced to 20x from July 19, down from 125x. The limit will be extended to accounts opened within the past 60 days from July 27, Zhao said. Help wanted: a new CEO with background in compliance. 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