Audit log

Every state-changing event for MYX Finance: moderation decisions on community submissions, plus corrections and updates from the news pipeline. URL-based decisions carry three independent witnesses — the original source, an Internet Archive snapshot taken at submission time, and a Solana memo signed by our publicly-disclosed publisher key.

1. #1publishby system:backfill

   2026-05-31 17:43:26Z
   Score: ? → ? (no score change)
   anchoranchored

   chain

   ●mainnet-betaslot 423,421,944

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   mKNgDPrxRN2F…EqTQjPn5copyexplorer ↗

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   6r4EHGgqoUyS…mETCusjccopysha256 → base58

   verifying row…full verify ↗

   canonical bytes (26411 B) ▸

   {"actor":"system:backfill","investigation_id":"6734ac83-6c8b-42f8-9461-6d49e95b0125","kind":"publish","page_slug":"myx-finance","published_at":"2026-05-31T17:43:26.125Z","sequence_num":1,"snapshot":{"content_type":"investigation","entity_name":"MYX Finance","sections":[{"content":"MYX Finance is a non-custodial decentralized exchange (DEX) specializing in perpetual futures contracts. The protocol employs a proprietary Matching Pool Mechanism (MPM) that pairs long and short positions to reduce liquidity costs. It launched on Linea in February 2024 and subsequently expanded to Arbitrum and BNB Chain. Users can trade perpetual contracts on assets including BTC, ETH, and SOL using USDC-margined positions with up to 50x leverage. As of May 2026, the protocol's TVL and daily fee revenue are significantly below their September 2025 peaks, with reported 24-hour fees as low as $164 at certain intervals — low relative to its peak fully diluted valuation of approximately $17 billion.","heading":"Protocol Overview","severity":"low","sources":[{"credibility":2,"name":"MYX Finance TVL, Fees, Revenue — DeFiLlama","type":"research","url":"https://defillama.com/protocol/myx-finance"},{"credibility":2,"name":"What Is MYX Finance Perpetuals DEX and Why Did MYX Token Rally 1,400%? — BingX","type":"news_article","url":"https://bingx.com/en/learn/article/what-is-myx-finance-decentralized-derivatives-exchange"}]},{"content":"MYX Finance was founded by Mark Zhang (Yihao Zhang), who previously served as head of futures products at Huobi, a top-tier Asian centralized exchange. Zhang holds a Bachelor of Science in Finance from the University of Oregon. The project was incubated by D11 Labs. In November 2023, MYX raised a $5 million seed round at a $50 million valuation led by HongShan (formerly Sequoia China), with participation from Consensys, Hack VC, OKX Ventures, Redpoint Ventures, HashKey Capital, Foresight Ventures, GSR Markets, and others. A subsequent $5 million strategic round closed in February 2026, led by Consensys with participation from Consensys Mesh and Systemic Ventures, making Consensys the largest investor. The team's ties to OKX Ventures as an investor became a point of scrutiny given that suspicious airdrop wallets were traced to OKX as their funding source.","heading":"Founding Team and Investors","severity":"medium","sources":[{"credibility":2,"name":"Crypto derivatives protocol MYX raises $5 million in seed round led by HongShan — The Block","type":"news_article","url":"https://www.theblock.co/post/262545/crypto-derivatives-protocol-myx-raises-5-million-in-seed-led-by-sequoia-china"},{"credibility":2,"name":"MYX Completes Strategic Funding Round Led by Consensys Ahead of V2 Launch — Decrypt","type":"news_article","url":"https://decrypt.co/358412/myx-completes-strategic-funding-round-led-by-consensys-ahead-of-v2-launch"},{"credibility":3,"name":"Mark Zhang — IQ.wiki","type":"other","url":"https://iq.wiki/wiki/mark-zhang"}]},{"content":"MYX distributed 14.7% of its 1 billion token supply through a multi-phase airdrop, with Phase 1 (6.7% of supply) launching on May 7, 2025. On September 9–10, 2025, blockchain analytics firm Bubblemaps published analysis alleging the largest suspected Sybil airdrop attack in crypto history, identifying approximately 100 coordinated wallets that collectively claimed 9.8 million MYX tokens (roughly 1% of total supply) worth an estimated $170 million at prevailing prices. Bubblemaps reported that all ~100 wallets were funded via OKX exchange on approximately April 19, 2025, each receiving comparable amounts of BNB within the same narrow transaction window, before claiming their airdrop at approximately 5:30 AM on May 7 in coordinated fashion. The wallets had no prior on-chain activity. In a subsequent follow-up analysis, Bubblemaps alleged that the chain of evidence links back to wallet 0x8eEB, identified as the project creator's wallet, through recurring node 0x4a31, which allegedly replicated the same behaviors as the approximately 95 other mapped Sybil wallets. Bubblemaps further alleged that wallet 0x4a31 transferred $2.8 million worth of MYX to 0xeb5A — an address it identified as belonging to the project's creator. MYX Finance issued a public denial, stating that airdrop rewards outside its 'Cambrian' anti-Sybil campaign were allocated based on legitimate trading volume and LP contributions, and that it had permitted high-volume users to request pre-launch address changes. Bubblemaps dismissed the response as 'vague' and noted it raised further transparency concerns. No regulatory action has been filed in connection with these allegations as of the publication date.","heading":"Token Airdrop Controversy and Alleged Sybil Attack","severity":"critical","sources":[{"credibility":2,"name":"MYX Airdrop Faces $170M Sybil Attack Claims as Bubblemaps Raises Red Flags — CoinTelegraph","type":"news_article","url":"https://cointelegraph.com/news/bubblemaps-flags-170m-myx-sybil-attack"},{"credibility":2,"name":"MYX, 100 wallets and $170M in airdrop — Cryptonomist (on-chain analysis by Bubblemaps)","type":"on_chain","url":"https://en.cryptonomist.ch/2025/09/12/myx-100-wallets-and-a-170m-airdrop-the-on-chain-analysis-by-bubblemaps-suggests-a-sybil-attack/"},{"credibility":2,"name":"Bubblemaps: The MYX team is directly linked to a $170 million airdrop wallet — Bitget News","type":"on_chain","url":"https://www.bitget.com/amp/news/detail/12560604962304"},{"credibility":2,"name":"MYX Finance Denies Fraud and Manipulation Charges Over MYX Token Airdrop — Yahoo Finance","type":"news_article","url":"https://finance.yahoo.com/news/myx-finance-denies-fraud-manipulation-130935605.html"},{"credibility":2,"name":"BubbleMaps says MYX Finance made $170M airdrop farming blunder — Protos","type":"news_article","url":"https://protos.com/bubblemaps-says-myx-finance-made-170m-airdrop-farming-blunder/"},{"credibility":2,"name":"MYX Finance Denies Fraud Allegations After $170M Airdrop Controversy — CoinMarketCap","type":"news_article","url":"https://coinmarketcap.com/academy/article/myx-finance-denies-fraud-allegations-after-dollar170m-airdrop-controversy"},{"credibility":2,"name":"$170 Million Airdrop Under Fire as MYX Faces Sybil Attack Allegations — CoinPaper","type":"news_article","url":"https://coinpaper.com/11010/170-million-airdrop-under-fire-as-myx-faces-sybil-attack-allegations"}]},{"content":"Between late August and September 9, 2025, the MYX token surged approximately 1,400% in seven days, reaching an all-time high of $18.42–$19.03. On September 8, spot trading volume hit $314.9 million (an 829% increase) while perpetual futures volume reached $4.23 billion (a 2,345% increase). Web3 commentator Dominic publicly alleged that insiders orchestrated a 'pump-and-dump through wash trading, forced short squeezes, and coordinated buying across exchanges,' citing derivatives volume of $6–9 billion as disproportionate for a token of MYX's size, and alleging identical trading patterns across Bitget, PancakeSwap, and Binance consistent with coordinated whale activity. Approximately 39 million MYX tokens entered circulation coinciding with the price spike, enabling what analysts characterized as insider offloading into retail demand. Over $39.7 million in MYX short positions were liquidated within a single 24-hour window. The token has since declined approximately 98–99% from its all-time high, trading at approximately $0.18–$0.28 as of May 2026. Only 19.7% of the 1 billion maximum supply was in circulation at the time of the surge, creating conditions for outsized price movement on moderate volume.","heading":"Token Price Manipulation Allegations — September 2025 Surge","severity":"critical","sources":[{"credibility":2,"name":"MYX Finance price surges 135% amid allegations of insider manipulation — crypto.news","type":"news_article","url":"https://crypto.news/myx-finance-price-surges-insider-manipulation-2025/"},{"credibility":3,"name":"MYX Finance's 1400% Surge: Is It a Legitimate Breakout or Volatile Frenzy? — Ainvest","type":"news_article","url":"https://www.ainvest.com/news/myx-finance-1-400-surge-legitimate-breakout-volatile-frenzy-2509/"},{"credibility":3,"name":"Could MYX Finance's (MYX) Surge Signal a Pump-and-Dump Scheme? — Mitrade","type":"news_article","url":"https://www.mitrade.com/insights/news/live-news/article-3-1103568-20250908"},{"credibility":2,"name":"What Is MYX Finance Perpetuals DEX and Why Did MYX Token Rally 1,400%? — BingX","type":"news_article","url":"https://bingx.com/en/learn/article/what-is-myx-finance-decentralized-derivatives-exchange"}]},{"content":"On-chain investigator ZachXBT explicitly named MYX as one of several tokens exhibiting 'highly questionable price action' consistent with a common supply-control manipulation playbook. ZachXBT characterized MYX alongside RAVE, SIREN, RIVER, SKYAI, COAI, and LAB as tokens sharing 'highly suspicious' price patterns, and described an 'unknown market maker operating via Chinese exchanges' — subsequently identified as Heisenberg Guru (HSBG), a Hong Kong-based market making firm — as having run a consistent playbook across this token cluster. The alleged playbook involves three phases: an explosive initial price surge to attract retail participants, an extended sideways consolidation phase enabling gradual insider position offloading, and a silent crash after hype subsides. ZachXBT offered a $10,000 bounty for evidence of HSBG's activities, naming individuals 'Sion' and 'Chao' as alleged core operators of the market maker. The primary exchange venues cited for manipulation activity are Bitget, Binance, and Gate.io. In a related analysis, ZachXBT noted that RAVE — a token displaying the same pattern as MYX — had a supply where nine linked addresses controlled approximately 95% of tokens, and the charts for RAVE and MYX displayed near-identical candlestick patterns with both tokens surging from approximately $2 to $18–$20. As of the publication date, the HSBG allegations and the specific linkage of MYX to that entity remain unconfirmed by any regulatory body or court filing. All allegations are ZachXBT's own on-chain analysis and public statements, which constitute Tier 2 source material.","heading":"ZachXBT Allegations — HSBG Manipulation Network","severity":"high","sources":[{"credibility":2,"name":"ZachXBT Puts $10K Bounty on RIVER and RAVE Token Manipulation — BeInCrypto","type":"news_article","url":"https://beincrypto.com/zachxbt-bounty-hong-kong-market-manipulation/"},{"credibility":2,"name":"ZachXBT Targets RAVE SIREN And Others In New Crackdown On Token Trading Activity — MoneyCheck","type":"news_article","url":"https://moneycheck.com/zachxbt-targets-rave-siren-and-others-in-new-crackdown-on-token-trading-activity/"},{"credibility":2,"name":"ZachXBT offers $10,000 bounty for evidence against Hong Kong market maker HSBG — crypto.news","type":"news_article","url":"https://crypto.news/zachxbt-offers-10000-bounty-for-evidence-against-hong-kong-market-maker-hsbg/"},{"credibility":2,"name":"ZachXBT Puts $10K Reward on Heisenberg Guru in $RIVER Case — CryptoTimes","type":"news_article","url":"https://www.cryptotimes.io/2026/05/19/zachxbt-puts-10k-reward-on-heisenberg-guru-in-river-case/"},{"credibility":3,"name":"RaveDAO Price Prediction: Will It Follow MYX Trend Again? — CoinGabbar","type":"news_article","url":"https://www.coingabbar.com/en/price-prediction/ravedao-price-prediction-2026-repeating-myx-pattern"},{"credibility":2,"name":"ZachXBT Names RAVE, RIVER, SIREN, and LAB as Victims of Bitget-Enabled Market Maker Fraud — Bitcoin.com News","type":"news_article","url":"https://news.bitcoin.com/zachxbt-bitget-supply-control-manipulation-rave-river-siren-lab-2026/"},{"credibility":2,"name":"ZachXBT Launches $10,000 Bounty Over Crypto Market Manipulation Claims — Yahoo Finance","type":"news_article","url":"https://finance.yahoo.com/markets/crypto/articles/zachxbt-launches-10-000-bounty-164246153.html"}]},{"content":"MYX has a maximum supply of 1 billion tokens distributed as follows: Ecosystem Incentives (40% combined across two tranches: 13.18% and 26.82%), Airdrops/Bounty (11.7%), Team and Advisors (20%), Private Sale Investors (17.5%), Binance Wallet Future Airdrop (3%), Liquidity Provisioning (4%), Treasury (1.8%), and Public (2%). The team and investor combined allocation of 37.5% is subject to vesting, the specifics of which are deferred to CoinMarketCap's token unlock schedule per the protocol's own documentation. At the time of the September 2025 price surge, only approximately 19.7% of total supply (approximately 197 million tokens) was in public circulation, creating conditions in which insiders retaining unvested allocations could exert significant price influence. The near-simultaneous entry of approximately 39 million new tokens into circulation during the surge period was flagged by multiple analysts as enabling coordinated insider exits into retail demand. Insider and investor allocations totaling 37.5% of supply, against a thin float, represent a structural concentration risk irrespective of the manipulation allegations.","heading":"Token Economics and Supply Concentration Risk","severity":"high","sources":[{"credibility":1,"name":"MYX Finance Tokenomics — Official GitBook Documentation","type":"official","url":"https://myxfinance.gitbook.io/myx/protocol/tokenomics"},{"credibility":2,"name":"MYX Finance (MYX) Token Unlock & Vesting Schedule — CoinLaunch","type":"research","url":"https://coinlaunch.space/projects/myx-finance/vesting/"},{"credibility":3,"name":"Could MYX Finance's (MYX) Surge Signal a Pump-and-Dump Scheme? — Mitrade","type":"news_article","url":"https://www.mitrade.com/insights/news/live-news/article-3-1103568-20250908"}]},{"content":"MYX tokens are traded on multiple centralized exchanges including Bitget (the most liquid venue for spot trading), Gate.io, MEXC, and Binance. Perpetual futures on MYX are available on Binance, OKX, Bybit, and Bitget. Notably, the exchanges most heavily implicated in ZachXBT's HSBG manipulation allegations — Bitget, Binance, and Gate.io — are the same primary venues where MYX is listed and where the alleged coordinated derivatives activity occurred during the September 2025 price surge. OKX, whose deposit addresses were used to fund the alleged Sybil airdrop wallets, is also an investor in MYX Finance through OKX Ventures.","heading":"Exchange Listings and Trading Venues","severity":"medium","sources":[{"credibility":2,"name":"MYX Finance price today, MYX to USD live price — CoinMarketCap","type":"research","url":"https://coinmarketcap.com/currencies/myx-finance/"},{"credibility":2,"name":"MYX Finance Price: MYX/USD Live Price Chart — CoinGecko","type":"research","url":"https://www.coingecko.com/en/coins/myx-finance"}]},{"content":"At its peak in September 2025, MYX Finance's fully diluted valuation (FDV) briefly approached $17 billion following the 1,400% token surge. However, reported 24-hour protocol fee revenue at certain intervals was as low as $164, representing an extreme disparity between exchange-listed market capitalization and the fundamental revenue generation capacity of the protocol. DeFiLlama data shows that actual fee and volume metrics were well below what would typically support a valuation in the billions. This valuation-to-revenue gap is consistent with a price artificially inflated by speculative derivatives activity rather than organic protocol usage, as alleged.","heading":"Protocol Revenue vs. Valuation Disparity","severity":"high","sources":[{"credibility":2,"name":"MYX Finance TVL, Fees, Revenue, Volume — DeFiLlama","type":"research","url":"https://defillama.com/protocol/myx-finance"},{"credibility":2,"name":"MYX Finance Plunges 14.2% as DeFi Protocol Faces 85% Monthly Decline — MEXC News","type":"news_article","url":"https://www.mexc.com/news/774495"}]},{"content":"As of May 2026, no regulatory action has been filed against MYX Finance, its founders, or associated entities by the SEC, CFTC, DOJ, or any other regulatory authority. The allegations of Sybil airdrop farming and market manipulation remain in the realm of on-chain analysis and public investigator claims. The absence of regulatory action does not constitute a clean bill of health; the described conduct — if proven — could implicate securities laws or market manipulation statutes in multiple jurisdictions. MYX Finance has not been listed on OFAC sanctions lists.","heading":"Regulatory and Legal Status","severity":"low","sources":[{"credibility":2,"name":"MYX Finance Rejects Manipulation Claims — CoinSpeaker","type":"news_article","url":"https://www.coinspeaker.com/myx-finance-rejects-manipulation-claims/"}]}],"sources_used":[{"credibility":2,"name":"MYX Finance TVL, Fees, Revenue — DeFiLlama","type":"research","url":"https://defillama.com/protocol/myx-finance"},{"credibility":2,"name":"MYX Airdrop Faces $170M Sybil Attack Claims — CoinTelegraph","type":"news_article","url":"https://cointelegraph.com/news/bubblemaps-flags-170m-myx-sybil-attack"},{"credibility":2,"name":"BubbleMaps says MYX Finance made $170M airdrop farming blunder — Protos","type":"news_article","url":"https://protos.com/bubblemaps-says-myx-finance-made-170m-airdrop-farming-blunder/"},{"credibility":2,"name":"MYX Finance Denies Fraud and Manipulation Charges — Yahoo Finance","type":"news_article","url":"https://finance.yahoo.com/news/myx-finance-denies-fraud-manipulation-130935605.html"},{"credibility":2,"name":"MYX, 100 wallets and $170M in airdrop — Cryptonomist","type":"on_chain","url":"https://en.cryptonomist.ch/2025/09/12/myx-100-wallets-and-a-170m-airdrop-the-on-chain-analysis-by-bubblemaps-suggests-a-sybil-attack/"},{"credibility":2,"name":"Bubblemaps: MYX team directly linked to $170M airdrop wallet — Bitget News","type":"on_chain","url":"https://www.bitget.com/amp/news/detail/12560604962304"},{"credibility":2,"name":"$170 Million Airdrop Under Fire — CoinPaper","type":"news_article","url":"https://coinpaper.com/11010/170-million-airdrop-under-fire-as-myx-faces-sybil-attack-allegations"},{"credibility":2,"name":"MYX Finance price surges 135% amid insider manipulation allegations — crypto.news","type":"news_article","url":"https://crypto.news/myx-finance-price-surges-insider-manipulation-2025/"},{"credibility":2,"name":"What Is MYX Finance Perpetuals DEX and Why Did MYX Token Rally 1,400%? — BingX","type":"news_article","url":"https://bingx.com/en/learn/article/what-is-myx-finance-decentralized-derivatives-exchange"},{"credibility":2,"name":"ZachXBT offers $10,000 bounty against HSBG — crypto.news","type":"news_article","url":"https://crypto.news/zachxbt-offers-10000-bounty-for-evidence-against-hong-kong-market-maker-hsbg/"},{"credibility":2,"name":"ZachXBT Puts $10K Reward on Heisenberg Guru in $RIVER Case — CryptoTimes","type":"news_article","url":"https://www.cryptotimes.io/2026/05/19/zachxbt-puts-10k-reward-on-heisenberg-guru-in-river-case/"},{"credibility":2,"name":"ZachXBT Targets RAVE SIREN And Others — MoneyCheck","type":"news_article","url":"https://moneycheck.com/zachxbt-targets-rave-siren-and-others-in-new-crackdown-on-token-trading-activity/"},{"credibility":2,"name":"ZachXBT Names RAVE, RIVER, SIREN, LAB Victims of Bitget-Enabled Fraud — Bitcoin.com News","type":"news_article","url":"https://news.bitcoin.com/zachxbt-bitget-supply-control-manipulation-rave-river-siren-lab-2026/"},{"credibility":2,"name":"ZachXBT Launches $10,000 Bounty Over Manipulation Claims — Yahoo Finance","type":"news_article","url":"https://finance.yahoo.com/markets/crypto/articles/zachxbt-launches-10-000-bounty-164246153.html"},{"credibility":3,"name":"RaveDAO Price Prediction: Will It Follow MYX Trend Again? — CoinGabbar","type":"news_article","url":"https://www.coingabbar.com/en/price-prediction/ravedao-price-prediction-2026-repeating-myx-pattern"},{"credibility":2,"name":"Crypto derivatives protocol MYX raises $5M seed — The Block","type":"news_article","url":"https://www.theblock.co/post/262545/crypto-derivatives-protocol-myx-raises-5-million-in-seed-led-by-sequoia-china"},{"credibility":2,"name":"MYX Completes Strategic Funding Round Led by Consensys — Decrypt","type":"news_article","url":"https://decrypt.co/358412/myx-completes-strategic-funding-round-led-by-consensys-ahead-of-v2-launch"},{"credibility":1,"name":"MYX Finance Tokenomics — Official GitBook","type":"official","url":"https://myxfinance.gitbook.io/myx/protocol/tokenomics"},{"credibility":2,"name":"MYX Finance price today — CoinMarketCap","type":"research","url":"https://coinmarketcap.com/currencies/myx-finance/"},{"credibility":2,"name":"MYX Finance Price — CoinGecko","type":"research","url":"https://www.coingecko.com/en/coins/myx-finance"},{"credibility":2,"name":"MYX Finance Rejects Manipulation Claims — CoinSpeaker","type":"news_article","url":"https://www.coinspeaker.com/myx-finance-rejects-manipulation-claims/"},{"credibility":3,"name":"Mark Zhang — IQ.wiki","type":"other","url":"https://iq.wiki/wiki/mark-zhang"}],"summary":"MYX Finance is a Singapore-based decentralized perpetual futures exchange founded in 2023 by Mark Zhang (Yihao Zhang), a former Huobi futures executive. The protocol raised $10 million across two funding rounds and launched its MYX token via airdrop in May 2025. Following a 1,400% token price surge in September 2025, on-chain analytics firm Bubblemaps alleged the largest Sybil airdrop attack in crypto history — tracing approximately $170 million in token claims across ~100 coordinated wallets back to a wallet linked to the project's creator — and on-chain investigator ZachXBT subsequently identified MYX among a cluster of tokens exhibiting a common supply-control manipulation pattern attributed to an unknown market maker operating through Asian centralized exchanges.","timeline":[{"date":"2023-11-01","event":"MYX Finance announces $5 million seed round led by HongShan (Sequoia China) at a $50 million valuation. OKX Ventures participates as an investor.","source":"The Block","source_url":"https://www.theblock.co/post/262545/crypto-derivatives-protocol-myx-raises-5-million-in-seed-led-by-sequoia-china"},{"date":"2024-02-01","event":"MYX Finance completes a $5 million strategic funding round and officially launches its perpetual futures platform on Linea.","source":"Decrypt","source_url":"https://decrypt.co/358412/myx-completes-strategic-funding-round-led-by-consensys-ahead-of-v2-launch"},{"date":"2025-04-19","event":"Approximately 100 wallets with no prior on-chain history are funded via OKX with comparable BNB amounts within the same narrow transaction window — approximately one month before the MYX airdrop — according to Bubblemaps' later analysis.","source":"Bubblemaps / Cryptonomist","source_url":"https://en.cryptonomist.ch/2025/09/12/myx-100-wallets-and-a-170m-airdrop-the-on-chain-analysis-by-bubblemaps-suggests-a-sybil-attack/"},{"date":"2025-05-07","event":"MYX Phase 1 airdrop launches. Approximately 100 coordinated wallets simultaneously claim 9.8 million MYX tokens at around 5:30 AM, valued at approximately $170 million.","source":"Bubblemaps / CoinPaper","source_url":"https://coinpaper.com/11010/170-million-airdrop-under-fire-as-myx-faces-sybil-attack-allegations"},{"date":"2025-09-08","event":"MYX token surges 135% in 24 hours, with spot volume of $314.9 million and perpetual futures volume reaching $4.23 billion. Allegations of coordinated whale activity and insider pump begin circulating.","source":"crypto.news","source_url":"https://crypto.news/myx-finance-price-surges-insider-manipulation-2025/"},{"date":"2025-09-09","event":"MYX reaches an all-time high of approximately $18.42–$19.03, representing a ~1,400% rally in seven days. Fully diluted valuation briefly approaches $17 billion. Over $39.7 million in MYX shorts liquidated in 24 hours.","source":"BingX / Ainvest","source_url":"https://bingx.com/en/learn/article/what-is-myx-finance-decentralized-derivatives-exchange"},{"date":"2025-09-09","event":"Bubblemaps publishes on-chain analysis alleging the largest suspected Sybil attack in crypto history on the MYX airdrop, identifying ~100 coordinated wallets and linking one wallet (0x4a31) to the project creator's wallet (0x8eEB) via a $2.8M MYX transfer to 0xeb5A.","source":"CoinTelegraph / Protos","source_url":"https://protos.com/bubblemaps-says-myx-finance-made-170m-airdrop-farming-blunder/"},{"date":"2025-09-10","event":"MYX Finance issues public denial of fraud and manipulation charges, stating airdrop rewards were based on legitimate user activity and that address change requests were permitted. Bubblemaps rejects the response as vague.","source":"Yahoo Finance","source_url":"https://finance.yahoo.com/news/myx-finance-denies-fraud-manipulation-130935605.html"},{"date":"2026-02-01","event":"MYX completes a second strategic funding round led by Consensys ahead of a V2 platform launch. Consensys becomes the largest investor.","source":"Decrypt","source_url":"https://decrypt.co/358412/myx-completes-strategic-funding-round-led-by-consensys-ahead-of-v2-launch"},{"date":"2026-04-18","event":"RAVE (RaveDAO) token collapses 95% from $26 to $1 in 24 hours. ZachXBT links RAVE to the same manipulation pattern he had previously identified in MYX, noting near-identical candlestick charts and supply concentration patterns.","source":"CryptoTimes / BeInCrypto","source_url":"https://beincrypto.com/zachxbt-bounty-hong-kong-market-manipulation/"},{"date":"2026-04-21","event":"ZachXBT publicly names MYX alongside RAVE, SIREN, COAI, M, PIPPIN, and RIVER as tokens exhibiting 'highly questionable price action' and describes a common manipulation playbook attributed to an unknown market maker operating through Chinese centralized exchanges.","source":"MoneyCheck / Bitcoin.com News","source_url":"https://moneycheck.com/zachxbt-targets-rave-siren-and-others-in-new-crackdown-on-token-trading-activity/"},{"date":"2026-05-19","event":"ZachXBT offers a $10,000 bounty for evidence against Heisenberg Guru (HSBG), a Hong Kong market maker alleged to have run supply-control manipulation across RIVER, RAVE, SIREN, MYX, SKYAI, and LAB. ZachXBT names 'Sion' and 'Chao' as alleged core HSBG operators.","source":"crypto.news / CryptoTimes","source_url":"https://crypto.news/zachxbt-offers-10000-bounty-for-evidence-against-hong-kong-market-maker-hsbg/"}]},"v":1}

   Verify offline (run on your own machine)

   python -m src.verify_decision f05b2b03-e485-4148-ba52-4f4deca7c35bcopy