The Lre

Created by a bad actor.
Taken over by the community.

Every line below happened on Sui mainnet and every one of them is public. Nobody has to take our word for any of it.

A guy with an ex-Mysten Labs intern badge and a Sui ambassador title asked the co-founder of Sui for 1 SUI. He got it, screenshotted it, and posted it as proof the project was real.

715 wallets sent him 4,767 SUI on the strength of that screenshot. He minted 553 million tokens to himself inside his own launch transaction, dumped them two hours later, and pushed the money through a zkSend link to break the trail.

Boogie made 558 of those wallets whole out of his own bag. Then he agreed to pay the 200 USDC the scammer was extorting the community for, and got him to sign a transaction handing over the liquidity instead. The token, the pool and the listing belong to the people he stole from now.

Dig deeper
what he did what was done back
  1. Aug 9

    He asked the co-founder of Sui for 1 SUI.

    He got it. Then he screenshotted it and posted it as proof the project was real. That screenshot is what everything after this was built on.

  2. Before any of it

    He wasn't an anon.

    The presale was pushed by a verified account presenting as an ex-Mysten Labs research intern, a Sui Network ambassador, with sui.io in the bio. Nobody was buying a token. They were buying the credentials.

  3. Aug 20 to Aug 24

    714 more wallets sent in.

    4,767 SUI in total, from 715 wallets. Most of them sent exactly one, because the whole pitch was that one Sui was all it took.

  4. Aug 25 · 01:12 UTC

    He funded his own launch with their money.

    The deployer wallet's first deposit ever was 1 SUI, out of the presale wallet. He paid his own gas with a contributor's coin. Four minutes later he swept 4,866 SUI across.

  5. Aug 25 · 01:17 UTC

    553,388,273 tokens, minted to himself.

    Inside the launch transaction. Same block the token was created, before anybody else could buy a single one.

  6. Aug 25 · 03:22 UTC

    He dumped all of it.

    About 3,918 SUI out. Then wrapped the proceeds in a zkSend link to break the sender trail, and did it a second time that evening. Two hours from launch to exit.

  7. Aug 25

    Then he tried to extort the people he'd already robbed.

    200 USDC to not deface the DexScreener listing. Nobody paid, so he bought the listing edit and vandalised it anyway. DexScreener reverted it and locked him out.

  8. Aug 25

    Boogie didn't wait for anyone.

    Boogie made 558 wallets whole. 111,000 $ONE and 36.9 MANIFEST each, out of his own bag. Nobody voted on it. Nobody asked.

  9. Aug 25

    Then Boogie took the scammer's liquidity back.

    He agreed to pay the 200 USDC extortion the scammer was demanding. What the scammer signed instead was a transaction transferring the LP position. 42.79% of the pool, signed over by the man who stole it. It earns fees every hour now and burns the $ONE side to the zero address.

  10. Aug 25 · and running

    The community takeover started.

    The token, the liquidity and the listing are in the hands of the people he stole from. It has not stopped since.

He asked for one Sui to look legitimate. He lost the token, the liquidity, the listing and the chart to the people he stole from.

How it ended

Where it stands

Wallets made whole558
Pool controlled by the community42.79%
$ONE burned so far2,600,000+
Burns per dayevery hour, forever
Watch the burns live