According to a series of tweets from ZachXBT, a researcher was able to uncover the identity of the TICKER thief. It turned out to be the French developer Jolan Lacroix, known as Qwerty, and living in France. The user ZachXBT managed to find his Telegram account, phone number and email address, so ZachXBT called on the victims to initiate legal action against the developer.
Last weekend, March 16, TICKER launched a pre-sale on the Coinbase Base platform, raising a total of 877 ETH worth $3.19 million through the Party app on Base. According to the marketing plan, 24% of the tokens were intended for the liquidity provider, and 71% for pre-sale and free distribution. 1% of the tokens were reserved for early investors, and 4% were intended to eliminate possible errors.
After the token generation event, the project team sent 15% to the developer for an airdrop, but Lacroix decided to sell 13% of the funds for $900 000. The developer soon began distributing funds, transferring Base's ethers to Ethereum through Orbiter Finance. He later moved them to Solana via Mayan Swap and Allbridge. The deceiver has already begun to spend the stolen assets on the purchase of memcoins and collectible Milady tokens.
Zholan then went on Platform X to respond to the allegations and confirmed that he was indeed in control of the stolen funds. However, he did not hesitate to post offensive tweets, mocking the project team and the community, saying that he did not regret his actions. These tweets have already been deleted.
Let us recall that recently the co-founder of the bankrupt cryptocurrency hedge fund Three Arrows Capital (TAC), Kyle Davies, also said that he does not feel sorry for clients who have lost billions of dollars, and is even ready to share his experience with other bankrupt creditors.