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$ESPORTS
Team Dumping: With the Gnosis Safe multi-signature wallet, which was controlled by Yooldo Games developers and venture capital funds (VCs), more than 60 million ESPORTS tokens were unlocked and dumped onto the market.
Full Sale: The addresses associated with the team sold all of these coins "into the order book" on decentralized and centralized exchanges. The developers immediately recorded a net profit of over $6 million, completely nullifying the project's liquidity.
Official project accounts may start "cleaning" comments or completely shut down Discord/Telegram chats to avoid accusations.
Popular on-chain detectives publish transactions from smart contracts, proving that the dump was carried out by wallets from the team's "whitelist."