Close Menu
Altcoin ObserverAltcoin Observer
  • Regulation
  • Bitcoin
  • Altcoins
  • Market
  • Analysis
  • DeFi
  • Security
  • Ethereum
Categories
  • Altcoins (3,149)
  • Analysis (3,275)
  • Bitcoin (3,890)
  • Blockchain (2,157)
  • DeFi (2,623)
  • Ethereum (2,603)
  • Event (119)
  • Exclusive Deep Dive (1)
  • Landscape Ads (2)
  • Market (2,714)
  • Press Releases (12)
  • Reddit (2,579)
  • Regulation (2,469)
  • Security (3,672)
  • Thought Leadership (3)
  • Videos (44)
Hand picked
  • Hyperliquid’s HIP-3 Open Interest Surpasses $2 Billion: Why 24/7 Tokenized Stock Trading Is Turning Heads
  • Open Interest in Ethereum Cryptocurrency Just Hit $34 Billion in 24 Hours: Is a Breakout or Liquidation Cascade Coming?
  • Bitcoin Trend Reversal Could Confirm If BTC Closes Above $76,000
  • Outset Media Index reveals its product roadmap: key insights into what lies ahead
  • Daily Crypto Discussion – March 27, 2026 (GMT+0)
We are social
  • Facebook
  • Twitter
  • Instagram
  • YouTube
Facebook X (Twitter) Instagram
  • About us
  • Disclaimer
  • Terms of service
  • Privacy policy
  • Contact us
Facebook X (Twitter) Instagram YouTube LinkedIn
Altcoin ObserverAltcoin Observer
  • Regulation
  • Bitcoin
  • Altcoins
  • Market
  • Analysis
  • DeFi
  • Security
  • Ethereum
Events
Altcoin ObserverAltcoin Observer
Home»Analysis»Balance Scam unveils a cartel vape: initiates like Hayden Dennis ratified in billions!
Analysis

Balance Scam unveils a cartel vape: initiates like Hayden Dennis ratified in billions!

February 19, 2025No Comments
Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
1fae3.png
Share
Facebook Twitter LinkedIn Pinterest Email


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?

Explore: the XRP price jumps 11% after the progression of dry crypto unit tease xrp etf

Join the 99Bitcoins News Discord here for the latest market updates

The post-balancing scam reveals the vape cartel: initiates like Hayden Dennis have raked billions! appeared first on 99Bitcoins.





Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleBest pieces even to invest now, February 18 – Meow, Ket, Toshi
Next Article The 4 best choices of coins for experts ready to get into the next Bull Run

Related Posts

Analysis

Bitcoin Trend Reversal Could Confirm If BTC Closes Above $76,000

April 16, 2026
Analysis

US sanctions hit Iran’s oil sector as 140 million barrel waiver expires

April 16, 2026
Analysis

Goldman Sachs Files for Bitcoin Income ETF: What It Means for Retail Investors

April 16, 2026
Add A Comment
Leave A Reply Cancel Reply

Single Page Post
Share
  • Facebook
  • Twitter
  • Instagram
  • YouTube
Featured Content
Event

Dutch Blockchain Week 2026 strengthens position as Europe’s leading B2B blockchain event week

April 14, 2026

Amsterdam, April 2026 – Dutch Blockchain Week 2026 is rapidly evolving into one of Europe’s…

Event

Global Games Show Riyadh: The Ultimate Creator & Influencer Hub

March 31, 2026

The fast-evolving gaming ecosystem of Riyadh is powered by solid national investment, a flourishing esports…

1 2 3 … 82 Next
  • Facebook
  • Twitter
  • Instagram
  • YouTube

Open Interest in Ethereum Cryptocurrency Just Hit $34 Billion in 24 Hours: Is a Breakout or Liquidation Cascade Coming?

April 16, 2026

“Not voting is coercion” – TRON’s Justin Sun slams WLFI proposal

April 16, 2026

Coinbase Adds Two Little-Known Crypto Assets to Listing Roadmap

April 16, 2026
Facebook X (Twitter) Instagram LinkedIn
  • About us
  • Disclaimer
  • Terms of service
  • Privacy policy
  • Contact us
© 2026 Altcoin Observer. all rights reserved by Tech Team.

Type above and press Enter to search. Press Esc to cancel.

bitcoin
Bitcoin (BTC) $ 74,156.00
ethereum
Ethereum (ETH) $ 2,321.19
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 1.42
bnb
BNB (BNB) $ 625.82
usd-coin
USDC (USDC) $ 0.999785
solana
Solana (SOL) $ 85.95
tron
TRON (TRX) $ 0.32696
figure-heloc
Figure Heloc (FIGR_HELOC) $ 1.03
staked-ether
Lido Staked Ether (STETH) $ 2,265.05