"be the next kimchi"
Kimchi is the first person to truly cross the chasm between crypto and pop culture; the first ever example of a trader becoming a celebrity.
He represents exactly where we’re heading: a massive social trading ecosystem that onboards retail and grows to 10x the size we were last cycle.
The next wave of users does not come from CT - it comes from the masses - and we're proud to have Kimchi help us set the creative direction that will pave us on the path to a 100x larger ecosystem.
Readers added context they thought people might want to know
Kimchi is presented as a verified trader celebrity crossing into pop culture, but his signature claims of ~$40M profits trading $TRUMP (and resulting wealth) remain unverified with no disclosed wallet or on-chain proof.
memecoin.wiki/wiki/kimchi
bitcoinfoundation.org/news/people-in…
tapbit.com/en/learn/artic…
How @0xploplo rugged 86.2E ($165.7k), after being heavily promoted by @ritualfnd and Ritual team members who are now deleting tweets and pretending nothing happened.
So yeah, if you minted this scam, congrats you can literally watch your money travel on-chain
mint → DEX swaps → USDC → Binance 💀
The project raised 86.2 ETH (~$165.7k) from 777 Genesis NFTs, swapped almost all of the ETH into USDC, and eventually sent $165.7k to a CEX deposit address (Binance 16: 0xdfd5293d...a1343963d)
What makes this much more serious is the relationship with @ritualfnd and Ritual team members before the rug.
Before the July mint, PloPlo was repeatedly promoted as an AI companion project built around Ritual.
@ritualfnd did 2 Spaces with the PloPlo team before the mint, on July 2 and July 12, talking about the Ritual x PloPlo setup. Josh (@joshsimenhoff) was also shilling it hard on X and Discord and pushing the mint.
Afterwards, the official Ritual post encouraging people to mint was deleted, while Discord moderators started saying Ritual had “no affiliation” with PloPlo.
777 Genesis NFTs were minted at 0.1 ETH 86.2 ETH ended up in:
0x3f6328ebf5d8235a500828259bdee9f232c15047
on July 26 the contract was drained into their Gnosis Safe:
0x27dd56945004a32d64d74bf4f986540aa25ec89a
tx:
0xf3ae7e78ec0770cbc28e0f971a16bc527663a7b55092b1879ee87cc42561e2bf
then they dumped the ETH into USDC
42 ETH → 81,761.66 USDC
44 ETH → 84,052.13 USDC
total: 165,813.79 USDC
on september 3 0x27dd5 sent 165,713 USDC to:
0x24ac183f948ba7b1f26d9c19b472f0193b56f0c2
minutes later the money went into:
0x18d080b89570e4b996eb17fa1f0206f0ce35d604
and was swept into Binance 16 (Binance-controlled wallet)
80k:
0xa496b4aba62bf81016a5aa6d486ebdf40e5c367070696fc76019423ab6578bf4
85,713:
0xa742ebc0dbd2f3bab91fb97ee9c8900b6e344dec376751f885e8921aba2e7c9d
there’s also a wallet further back that funded the infra/gas it received 0.4 ETH directly from @bitvavocom through:
0x7988dd9cac114c38261cd3a306bc41786bc309a331877e0773d876e380788177
0x8819066356422dae627a401ad73c9cc33f40ea076ceea4e5260205dc7d080891
The bigger question is why an officially associated ecosystem account and team members were publicly promoting this project before the mint, why those promotions disappeared afterwards, and why people were later told there was “no affiliation.”
If there was no relationship, explain the Spaces, the promotion, the deleted posts, and the people involved.
And most importantly, @ritualfnd and @joshsimenhoff should help answer what happened to the victims' funds instead of pretending none of this happened.
Almost THREE months since the PloPlo mint
> collection floor dropped under mint price
> no real announcements/progress updates
> discord channel almost a ghost town
> they even got hacked
All of this after wanting ro raise $1M in ETH
Was I right to raise questions, or nah? 😅
woke up today and found all my @jackbutcher credit NFTs drained from 4 different wallets
the crazy part: i generated all 4 wallets in @Rabby_io only 2 days ago. zero tx, zero approvals, completely fresh wallets.
all my other funds are completely safe, nothing was touched. only these wallets got affected, and the mf who drained me is draining a shit ton of other credit NFTs too.
how tf did this mf manage to drain NFTs from all 4 fresh wallets??
not even mad at this point, i just wanna understand wtf happened here
the mf: 0x823686fecb3d4ae471a24cc1de125a28d6ab0c20
