"Top G"'s encryption game: how to play people for suckers retail investors out of millions of dollars during a live stream

The name Andrew Tate has become popular again in the encryption circle, but this time not for any good news. Recently, a live stream exploded online, revealing that he allegedly engaged in a “pump and dump” during the live broadcast, reportedly scamming a group of fans out of millions of dollars.

How it all started

A few weeks ago, Tate announced an exclusive live show, claiming to trade “meme coins” in real-time, inviting fans to follow his lead for a chance to make big money together. It sounds very tempting, but the tricks behind it are quite dirty.

Method Exposure: Low Market Cap Coins + Large Holdings

Tether is focused on low market cap altcoins:

• Poor liquidity, easy to crash: This type of coin can push up the price with just a bit of capital.
• He hoarded a large amount of chips himself: He had already built his position in advance, waiting to harvest the retail investors.

This is the textbook method of classic pump and dump.

Ironclad: On-chain Data Speaks

The investigation team found a handle through on-chain analysis:

1. He is the biggest dealer $RNT, $G, and $DADDY are the top holdings for Tait. During the live broadcast, he pumps the price while making noise, and after the fans follow suit and enter the market, he turns around and escapes.

2. Wallet Directly Linked The new project he is promoting has the developer's wallet directly connected to his team. This is not a coincidence; it is a black market industry chain.

3. Earn a million in a single transaction The wallet related to Tait earned over 1 million dollars just on a certain coin. Multiple coins were cycled through, with him making a huge profit each time while his fans suffered major losses.

4. Outrageous Volatility A certain coin's market value surged from 400,000 USD to 6 million USD within a few hours, then fell back to 500,000 USD. This rollercoaster rise and fall is a 100% signal of manipulation.

Why is this so disgusting

Tate is known as “Top G,” and his fans see him as a wealth mentor, deeply trusting in every one of his suggestions. Yet he takes this trust to exploit his fans.

This exposes several issues:

• Influential people recommend coins, and basically no one cares.
• Retail investors have no defense against such blatant market manipulation.
• Low market cap coins have become a cash machine for unscrupulous individuals.

What Retail Investors Need to Learn

Don't do these three things:

1. Blindly trust big influencers — No matter how famous the person recommending a coin is, you should do your own research.
2. all in small coins——this is gambling, and the house has won from the very beginning.
3. Not looking at on-chain data—Using tools like Etherscan, Photon, etc., to analyze the holding distribution; suspicious wallet activities cannot fool people.

Ending

The crypto circle is like this, the “Top G” plays the game really high, but only he enjoys it. Fans' dreams are treated as an ATM.

Remember一句話: In the encryption圈, trust is not innate; it is proven through real利益. Blindly trusting anyone, and you are not far from bankruptcy.