Brother Maji made more than 31 million US dollars in profits from this round of Bobaoppa’s fundraising. Coupled with the profits from the sale of Bobaoppa tokens, the actual total income should be around 50 million US dollars. This article is derived from the article “Huang Licheng turns into a maji and cuts off billions of Chinese people. The China Securities Regulatory Commission has nothing to do with you.“, compiled, compiled and written by PANews.
(Previous summary: Shake hands and reconcile with Brother Maji! ZachXBT: The donation refund contract is online and can be collected in the next one year)
(Background supplement: Full text of the investigation “Brother Ma Ji was exposed to have embezzled 22,000 ETH from Baodao Financial and launched 10 junk projects in 4 years)
On March 30 this year, according to data on the chain, “Big Brother Maji” Huang Licheng pledged part of the SOL (156,300 pieces) he raised for the Meme project Bobaoppa into the Solana ecological pledge agreement BlazeStake at 12:56 Taiwan time today, and exchanged it for 139,556.77 One bSOL is worth approximately US$31.13 million. At present, in addition to the above-mentioned bSOL, the fundraising address (starting with CZ5ak) still has 96 wSOL, 70 SOL and 2727 USDC remaining, with a total value of 36,000 US dollars.
Bobaoppa is the name of the dog raised by Brother Moji. This afternoon, Bobaoppa opened at $0.0014 and then quickly fell by more than 70%. It is now quoted at $0.0005. In addition, Brother Maji has set a dynamic handling fee of 2%-10% in the pool, and currently charges 8.75% in one direction. If you buy and sell one at a time, you will immediately lose 15% of your principal.
Brother Maji made more than 31 million U.S. dollars in profits from Bobaoppa’s fundraising in this round. Coupled with the profits from the sale of Bobaoppa tokens, the actual total income should be around 50 million U.S. dollars.
Ma Ji’s eldest brother Huang Licheng is a habitual offender of cutting leeks in the industry. As early as 2017, Huang Licheng began to use his personal fame to “cut leeks”.
- At the end of 2017, Huang Licheng founded Mithril, a decentralized social media platform, and raised US$51.6 million through private token sales. Later, in 2018, it was sold to zero in just one month after being listed on the exchange.
- In early 2018, Huang teamed up with Taiwanese politicians Hsieh Chang-ting, Lin Zhanglin and Ryan Terribilini to found Formosa Financial, a financial management platform for blockchain companies. Raised US$23 million through two rounds of private placements. Huang Licheng promised that the project would be listed on the New York Stock Exchange IPO, but when FMF was listed on IDEX in June 2018, it immediately plummeted to almost zero after landing.
Extended reading: Xie Guoliang was elected mayor of Keelung!The community again mentions the financial fraud in Baodao: I hope that my relatives will return and use public power to bring the murderer to justice
- In early July 2020, Huang Licheng and Leo Cheng jointly established Cream Finance. So far, Cream Finance has been exploited three times due to negligence, with losses exceeding $192 million.
Further reading: Cream Finance was attacked by flash loans for the third time, losing US$130 million, and the hacker left a mysterious message
- In December 2020, Mith Cash, an anonymous project on Huang Licheng’s platform, was launched. Due to Huang Licheng’s own great influence, Mith Cash’s TVL grew to US$1 billion in just a few days after its launch. But then it also ended with the currency price returning to zero.
- At the end of August 2021, Huang Licheng copied the popular chain game at the time and released “Heroes of Evermore”, and continued to operate it in the name of an anonymous team. In the end, it was discovered that he had additionally issued rare NFTs in the chain game in the form of a mouse warehouse and cashed in about 530 ETH.
Among Huang Licheng’s many projects, the same keywords are always the same: anonymous team, copycat project, new wallet funded through FTX, and short life cycle. The participants in each project are also the same: Wilson, Leo, and Huang Licheng. So much so that it became the iron triangle for cutting leeks.
In the past, there was the VT rolled BNB that ran away, and later, Huang Licheng, the eldest brother of Maji, posted a MEME and made tens of millions of dollars by cutting leeks. Bobaoppa will not be Huang Licheng’s last project, but it is likely to be the last funding for the participants.
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2024-03-30 16:57:14
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