Have you seen that the balance was launched a week ago with the support of Argentinian president Javier Milei? He first made several positions supporting him, but then deleted them, withdrawing his approval.
It turns out that there is a good explanation. A group of so-called Grifters, mainly based in Los Angeles, the United States, known as Cabal vape on “Crypto X”, used the launch to manipulate the market and succeed in extracting millions.
My God
Javier Milei $ Libra Drained more than 280 million US dollars by nearly 75,000 individual merchants. Just look at these figures: from 1000 to 10s from 1000 to millions of dollars … from the carpet fired in hours. Skid scam in Argentina. pic.twitter.com/kgelu8wgxt
– David Adler (@davidrkadler) February 17, 2025
Kelers Ventures, alias Hayden Davis behind the Balance Scales?
Shortly after the launch of the balance, he reached a market capitalization of $ 4.6 billion while Javier Milei showed support. Speculators hoped that this would imitate the initial success of Trump Token, but the price crashed 97% in a few hours, switching to a market capitalization of $ 150 million. Investors have lost everything while initiates executed a scam, hoarding the offer and the spill of buyers.
An X account called Kelier Ventures, managed by Hayden Davis, shared an explanation of the balance situation, but it was not entirely true. Disclosed messages have shown him later by saying, “Yes, we try to extract maximum on it, the guys”, suggesting that they plan to take as much money from retail investors as possible.
“Yeah TBH guys, we try to extract maximum on it.”
– Hayden Davis pic.twitter.com/e3jl1zupvg
– Beanie (@Beaniemaxi) February 18, 2025
Davis also made several podcasts without a lawyer, making statements that were only getting worse. In short, he and his group, the “Cabal vape” based in Los Angeles, spun people in crypto, making hundreds of millions, if not billions.
In the only case of the balance, they won $ 107 million – at least what was discovered.
Prison time entering Hayden Davis?
While Hayden Davis continues to in line with the podcasts, more details on his crypto patterns are revealed. It was revealed that he had billed 1% of the tokens of any project that he had helped to launch and admitted having triggered each launch on which he worked. This means that its real cut was probably 3 to 10%, increasing its profits.
In addition, he confirmed his involvement in the melania and Trump tokens, even sharing the details of the contract before the launch with friends. With only these three projects, he and his group may have made billions, while showing no remorse for the extraction of wealth of retail investors.
But Davis was not content to expose himself – he also launched Donald Trump under the bus. He said that during a private dinner in Trump’s succession, the initiates could buy Trump tokens to a market capitalization of $ 500 million before the launch. Since the token has reached a market capitalization of $ 75 billion, it is a 150x return for these first buyers.
So, the big question: will Hayden Davis be in prison, or has cryptographic crime become legal now?
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The post-balancing scam reveals the vape cartel: initiates like Hayden Dennis have raked billions! appeared first on 99Bitcoins.