Jupiter, a decentralized exchange aggregator on Solana, has recently caused controversy by partnering with Singaporean beauty scammer Irene Zhao.
On July 22, Jupiter’s anonymous founder @weremeow announced the partnership, which aims to improve the “meme coin” and provide emotional support to traders.
The initiative aims to address issues of falsehood, widespread distribution and influencer dishonesty in the memecoin publishing environment.
As soon as the news of the cooperation between Jupiter and Irene Zhao was announced, it quickly caused a violent response in the encryption community. All kinds of abuses against Irene Zhao were overwhelming, so much so that Jupiter could not escape being implicated.
The purpose of Jupiter's cooperation with Irene Zhao this time is to further promote itself. It attempts to use Irene Zhao's public opinion flow and its long-term accumulated reputation to carry out cooperation plans. However, the result will inevitably be a cocoon.
Jupiter will cooperate with Irene Zhao to launch the meme currency metadata platform ASIANMOM. The tweet has been added with background information by readers, revealing the investigation of on-chain detective ZachXBT: "Irene Zhao has participated in multiple project scams, please be cautious when dealing with act.”
Blockchain sleuth ZackXBT highlights Irene Zhao’s alleged involvement in the questionable practices of her So-Col project, accusing her of conducting secret transactions and misleading investors.
Irene Zhao will appear on X as @KonomiNetwork CMO in 2021 with the popularity accumulated on ins. Previously, she was a well-known female internet celebrity on ins.
Irene Zhao was first responsible for the launch of the token $KONO in March 2021. Previously $KONO was listed on okx, and in January this year okx announced its delisting. It was eventually discovered that Kono had neither implemented decentralized governance nor Implement the so-called cross-chain bridge solution.
The only problem solved is Irene Zhao’s wealth problem.
Irene Zhao rose to fame in early 2022 by selling her photos as NFTs, amassing over $5 million in a matter of months.
Her NFT collection, IreneDAO, initially spiked to a low of 1.49 ETH, but has since plummeted to 0.05 ETH, down 87% from its peak.
In February 2023, Irene Zhao’s startup So-Col received $1.5 million from DWF Labs in exchange for SIMP tokens, which were reportedly locked until February 2024.
However, blockchain data shows that DWF transferred 3 million SIMP in March, which contradicts the locking agreement and raises further doubts about Irene Zhao’s integrity.
Blockchain detective ZackXBT exposed some screenshots of the conversation to further confirm the suspicion.
Around March 25 this year, when IDK reached its peak, Irene Zhao frequently posted related buying tweets throughout the day to encourage followers to take over IDK at a high price. However, these tweets once again increased the price of IDK. It was deleted after being cut in half, and it is currently difficult to find evidence.
Irene Zhao calls herself the so-called Asian mother and continues to scam her followers through new projects. Her public image is undoubtedly smearing Asian women.
However, Irene Zhao can still gain so many staunch followers with this kind of practice. Is it because she uses her better appearance to avoid vulgarity, or is it because she, who calls herself an Asian mother, has completely brainwashed her "babies"?
This article is for reference only. Readers are advised to be cautious about Jupiter and Irene Zhao’s upcoming ASIANMOM.
Since the birth of Bitcoin, the encryption industry has gone through more than ten years. During this period, entrepreneurs have been continuously imprisoned, including some "big guys" who were once very popular.
JinseFinanceZhao Changpeng (CZ) is set to be released on September 29 after a four-month sentence, marking a pivotal moment for him and Binance amid ongoing challenges.
EdmundBinance founder Changpeng Zhao, also known as CZ, remains in detention, though he has been transferred out of prison.
JinseFinanceCZ is not at the Seattle airport but is being held at Federal Correctional Institution II in Lompoc, a low-security federal prison three hours north of Los Angeles.
JinseFinanceIn addition to being criticized by the community, the new Twitter feature also showed that Irene Zhao had been involved in multiple project scams.
JinseFinanceChangpeng Zhao is about to find out if he will become the richest prisoner ever in the U.S. His situation is different from FTX’s, as he has friends on the company’s board, his ownership of the exchange is intact, and the mother of his child is helping run the thing.
JinseFinanceU.S. authorities have brought down the “King” of the crypto world, but the “Queen” remains.
JinseFinance
Coinlive SBF believes that CZ must be happy with how it turned out for FTX.
BeincryptoCrypto scams involving bogus giveaways have grown into a black market industry of sorts with several services designed to support fraudulent activities.
Bitcoinist