Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency Trading => Topic started by: jimmy121 on April 29, 2025, 11:43:29 PM
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Ongoing Scam Exposed: Popular Crypto Streamers Yolo, Insyder Crypto, Hotted, and Ratwizard Are Scamming Followers Through Meme Coins
Over the past several months, I’ve been closely tracking the actions of a well-connected group of popular online crypto streamers: Yolo, Insyder Crypto, Hotted, and Ratwizard. While each has built a large following by streaming what appears to be successful cryptocurrency trading, I have uncovered a deeply concerning scam operation that has already cost unsuspecting viewers tens of thousands — potentially even millions — of dollars.
The Setup
These streamers operate on a 24/7 rotation, with at least one of them live at any given time. Their content centers around trading meme coins — often obscure, recently launched tokens that appear to skyrocket in value on-stream. They claim to find “the next big thing” and encourage viewers to jump in early before the supposed gains.
The Scam
Here’s how their operation works, based on my detailed tracking of their activities and confirmed Solana wallet transactions:
They develop and launch their own meme coins under various names, none of which are tied to reputable projects.
Before announcing anything publicly, they load up on the coins using private wallets — wallets that are not shown or acknowledged on-stream.
Once their own positions are secured, they begin promoting the coin heavily on their streams, showing off staged profits, fabricated price action, and hyped enthusiasm.
As viewers buy in, the value of the token rises — artificially pumped by hype — allowing the streamers to dump their holdings for massive profits.
This causes the token's value to collapse. Victims are left holding worthless coins, and the streamers casually dismiss it with phrases like “That’s how the market goes.”
This isn’t a one-time scheme — it’s an ongoing, coordinated effort, repeated with different tokens, different narratives, and always the same result: viewers lose money, while the streamers walk away richer.
The Evidence
I’ve been tracking the group’s Solana wallets for weeks, documenting clear patterns of insider trading, synchronized pumps, and rapid withdrawals. Each streamer uses multiple wallets, likely to obscure the flow of funds. The main wallets are shown on-screen to maintain the illusion of transparency, but the real action happens in the background — via hidden wallets loaded just before the public dumps.
I’ve since hired a professional crypto investigator who is actively tracing their on-chain activity and working to identify their real-world locations for appropriate legal action. This is no longer just unethical — it's potentially criminal behavior, involving fraud, market manipulation, and theft.
A Call to Action
If you’ve lost money from investing in coins promoted by Yolo, Insyder Crypto, Hotted, or Ratwizard — you’re not alone. This group is relying on the fast-paced nature of crypto to avoid scrutiny, but that stops here. I urge anyone who has been affected to come forward and share your story. Together, we may be able to gather enough evidence to pursue legal recourse and hold these individuals accountable.
Feel free to contact me directly if you have information or losses to report. The internet must be made aware of this coordinated scam — and these streamers must be stopped.
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It would be difficult to prove such fraud, and given YouTube's tolerant policy toward such content, it would be difficult to shut down these channels. The best thing you can do is continue commenting to prove these people are scammers and try to expose them here on Reddit and other forums. Perhaps at some point in the future, you might be able to sue them. Overall, +1, good effort
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Duplicated topic (https://www.altcoinstalks.com/index.php?topic=329959.0), the content is mainly written by AI. I don't like this in general. Let's look further. ???
The topic is closed as a duplicate.