π¨ NEW Episode w
@kdoggo1181074 - KASPA's Biggest Heist πΌ
Full Youtube -
youtu.be/ajFRHmTc12M
330M Kaspa Vanished: This is the Story of Kaspa's Darkest Hour .
In late 2024, users started reporting something wrong with chaingefinance, Initially Withdrawals failed and later on wrapped Kaspa de-pegged from $0.10 to $0.03. Then the bridge shut down entirely, trapping 330 million KASPA
$KAS.
@kdoggo1181074 traced every transaction. What he found was disturbing:
1. Native Kaspa flowing from chaingefinance wallets directly to centralized exchanges.
2. Wrapped tokens being minted on Ethereum WHILE the bridge was supposedly closed
3. Stablecoin (CUSDT) printed out of thin air with zero reserves backing it.
CatDog breaks down the red flags everyone missed: the custodial vs. non-custodial trap, the "decentralized" marketing that masked centralized control, and how chaingefinance's story kept changing while user funds disappeared.
From telegram chat analysis to UTXO tracing across multiple hops, this is blockchain investigation at its finest.
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This video is for educational purposes only and not financial advice. Always conduct your own research before engaging with blockchain projects or investments.
#Kaspa #chaingefinance