Leicester Responds To Listener Request: Kerincy (ETH) Rugpull

(as requested by Moussa Hamka)

We had no idea this #Kerincy #crypto was even a thing. It wasn't around long enough to know about it.

It was a #rugpull, but not a traditional one.

- BEFORE talking to anyone, they had given 350 billion to a bunch of spun up wallets

- They reached out to influencers to get AMAs booked, and multiple influencers did the AMAs with the graph up

- They spun up social media (Twitter, Instagram and Telescam) and immediately told people in Chinese to go buy it from Uniswap

- After the token pumped from the AMA #FOMO people, there were some initial profit sells

- The devs sold off the 350 billion wallet bags, and took the vast majority of the value (despite locked liquidity).

This is the same as what happened with Forever Financial, BTW. And is a big reason why we don't support tokens that force Telescam.