Jail Monke

DO KWON SENTENCED TO 15 YEARS IN PRISON

MegaETH Community Alert: Extreme Caution Advised on DeFi Project Issuing this alert to protect our community members. Some of Mega's community have observed a specific project (@imbue) attempting to rapidly onboard users through a public sale on our ecosystem. Based on our investigation, we strongly advise against participation due to an accumulation of severe risks. [Operational Red Flag] Code Transparency: The Empty GitHub The most fundamental requirement for any project is open source code. · The GitHub account for this project (ImbueLend) has not seen any recent contribution activity since the public repository was created at last month. · Launching a token sale without public code means asking the community to invest in a black box. [Financial Red Flag] Sale First The immediate push for a sale without transparency confirms a focus on quick capital extraction. · The project has no verifiable source code on GitHub and immediately led into a public sale before establishing a verifiable presence as a serious builder within the MegaETH ecosystem. They also show erratic behavior, having bounced between farming multiple ecosystems (@megaeth and @Monad, sometimes mentioned @HyperliquidX). · This is a classic pattern of "farm the community and exit." Launching a complex, high risk lending product without auditable code is a non-starter in legitimate Project. [Critical Red Flag] The Hidden Team & The Scammer ConnectionThe most severe risk we've uncovered is the identity of the individual attempting to leverage the MegaETH community for a sale. The project (Imbue) only recently 'popped up' on MegaETH and immediately began pushing its public sale, which was already highly unusual. This "weirdness" escalated when a core MegaETH account was contacted directly for promotion. While the Imbue team structure remains officially unverified, the individual who reached out to us to coordinate the "promo" was Derivatives Monke (a.k.a. Monkey Ape). This identity is the core problem: Derivatives Monke is the known operator behind the notorious @ZKasino_io exit scam (where user ETH was not refunded and was moved to addresses). The combination of a project pushing an immediate sale under anonymous cover, paired with a direct link to a proven scammer, presents an unacceptable, high-level threat to user capital. This is not a reputable builder. This is a pattern we have seen before. [Severe Toxic Clauses] Maximizing Liability Evasion The Imbue Terms of Service contain highly problematic clauses that demonstrate an attempt to transfer all risk to the user while maximizing the operational team's impunity. These clauses, along with the $100 liability cap, suggest a complete lack of accountability. 1. Extreme Limitation of Liability (Section 10) This is the most critical financial red flag. · The Clause: "OUR TOTAL LIABILITY SHALL NOT EXCEED $100 USD." · Implication: Regardless of whether a user loses millions due to an exploit, bug, or liquidation, the protocol legally caps its maximum financial responsibility at only $100. This makes the team virtually immune to the financial consequences of failure. 2. Full Indemnification (Section 11) This clause forces users to financially protect the development team. · The Clause: "You agree to indemnify, defend, and hold harmless Imbue, its contributors, developers... from any claims, damages, losses, liabilities, and expenses (including legal fees)..." · Implication: If a user loses funds due to a bug and another party sues the Imbue developers, the user may be legally obligated to pay the legal fees to defend the developers. This is an extremely abusive clause that shifts legal burden onto the victim. 3. Unilateral Operational Control (Sections 12 & 13) These clauses give the operating team absolute power with zero accountability for service stability. · Service Modification (Section 12): "We reserve the right to modify, suspend, or discontinue the Protocol at any time without notice. We shall not be liable to you or any third party..." · Implication: The team can arbitrarily shut down the lending protocol where continuous liquidity is essential with no legal obligation or responsibility to the users. Terms Modification (Section 13): The team can modify the Terms at any time, and continued use constitutes acceptance. · Implication: The team retains the right to unilaterally make the already unfair terms even worse without requiring active user consent. Conclusion: These clauses collectively prove legally minimizing all forms of financial and operational risk for the anonymous operating team. Final Warning I respect that every individual in the community has the right to freely make their own investment decisions. However, in the case of this project, due to the accumulation of identified risk factors, I strongly advise against community participation. Please protect your valuable assets. I strongly urge you not to send funds to this Fair Launch or similar initiatives. The @megaeth ecosystem should grow through sound and genuine builders. Your safety is the top priority.

My god, this case is beautiful. A crypto scammer got a year in jail for stealing $20m. He was ordered to pay it back. He didn't - and instead started bragging about how the money was "untouchable". The judge got pissed and just gave him 12 more years in prison. So satisfying 🤣