Another French star masterminds $1.6 million NFT rug pull

Blockchain detective, Zachxbt has uncovered different non-fungible token rug propulsion mastermind.

In a Twitter thread, helium alleged that a French e-commerce guru, Soulaymane Mahzoul, is down the $1.6 cardinal rug propulsion tied to the Crazy Camels NFT project.

How it each began

Soulaymane started the Crazy Camels NFT task successful October 2021. The task was a postulation of 10,000 NFTs with tons of giveaway promises. 

It minted for 0.1 ETH presale and went for 0.3 ETH aft mint. Like akin rug pulls, it claimed to person the enactment of celebrities, including Odell Beckham Jr and DJ Snake.

1/ Breaking down different French scammer this clip being @gambergefc (Soulaymane Mahzoul) a e-commerce guru turned NFT opportunist.

He is personally down the $1.6m Crazy Camels rug arsenic good arsenic being straight tied to galore different projects. pic.twitter.com/3PS0aRT8oU

— zachxbt (@zachxbt) April 6, 2022

The presale went arsenic planned, but request was debased for the nationalist merchantability owed to the precocious prices. This led to the squad reducing the proviso to 2,000, akin to what another rug pulled project, Bored Bunny, did.

The squad made $1.6 cardinal done the sale, subsequently became distant from the community, and yet disappeared.

Source: Zachxbt

Analysis of on-chain information reveals that Soulaymane received $909,000 of the full funds portion investors had nary prime but to effort and revive the task adjacent aft the founders had abandoned it. 

Soulaymane is linked with respective crypto projects

While this mightiness look similar an isolated incident, Zachxbt confirms that it’s not. By cautiously mapping the inflows into Soulaymane’s relationship with centralized exchanges, it emerged that helium had been progressive successful respective different NFT projects.

Per Zachxbt, helium has straight received proceeds from Metabillionaire NFTs, The Meta Stars, Fashion Ape NFT, and Miss Universe NFT.

Beyond that, helium is besides indirectly linked to respective NFT dilatory rug propulsion projects. The astir notable examples see Apes successful Space, Horizon, Superstar Tiger, Alien Secret Society, Party Ape Billionaire Club, The Sloth Tribe, etc.

Interestingly, Soulaymane appears to beryllium utilizing the funds to get morganatic NFTs specified arsenic Mutant Ape. He is spending the remainder surviving a lavish manner successful Dubai.

His Instagram relationship is inactive active, however, helium has deleted each tweets and media from his Twitter page.

This isn’t the archetypal French influencer surviving successful Dubai linked to NFT rug pulls. In the week of April 4, CryptoSlate reported that Laurent Correia, a French world star, was ousted arsenic the brains down a $960,000 rug pull of Billionaire Dogs Club NFT by Zachxbt.