Rowan Energy / David Duckworth - Five-Year Green Crypto Fraud
Last changed 2026-11-04 · Fact-check review — Fact-check review (verdict: revise): the reviewer checked the page's claims against its sources; the trust score did not change. Version history →
Why this score
| Every page starts at | 65 |
| The subject's own conduct | -176 |
| Sum | -111 |
- The page establishes that the subject is itself a scheme, so the score is 0.
Score: 0/100 (kept between 0 and 100)
How scoring works →Page reliability: Fact-checked 2026-11-04 · 7 of 9 claims confirmed · 2 need better sources
anchored·3ihXLz…x6gXSummary
Rowan Energy was a UK-based company founded by David Duckworth that marketed a blockchain-powered green energy rewards platform, selling SmartMiner hardware devices and the RWN token under the premise of tokenized renewable energy certificates. In April 2025, a white-hat researcher discovered a hidden token minting function and a suppressed token supply nearly double the publicly stated figure; Duckworth denied the allegations for 69 days before the company quietly shut down its blockchain on June 24–25, 2025, causing a greater than 99.9% collapse in RWN token value and leaving investors with no refund or recourse.
Connected Entities
2 entities · 1 linked investigation- Rowan Energy / David Duckworth - Five-Year Green Crypto Fraud→mentioned with→ProBit Global(80%)
Connected Through
1 shared actor · 1 investigationDistinct actors this investigation shares with others — holders, traders, and named parties. Shared infrastructure (exchanges, pools) is excluded.
- □ProBit Globalorganizationalso in
Timeline(13 events)
7 March 2011
Rowan Energy Ltd incorporated at UK Companies House (registration number 07554517).
UK Companies HouseAugust 2011
A PropertyTribes forum thread titled 'David Duckworth gone missing?' is posted by users alleging a person of the same name vanished while operating a UK property investment scheme. This connection to Rowan Energy's founder is alleged but not confirmed by Tier 1 sources.
PropertyTribes forum2018
Rowan Energy pivots to blockchain and begins marketing the RWN token and SmartMiner hardware as a green energy rewards platform.
The Rise and Fall of Rowan Energy - Fredrik Ahlgren (Substack)2020
Rowan Energy begins early marketing of its blockchain-powered solar rewards system to UK homeowners.
The Rise and Fall of Rowan Energy - Fredrik Ahlgren (Substack)2023
Rowan Energy announces over 1,000 SmartMiners installed. RWN token reaches an all-time high of approximately $0.3642. ESE Solar partnership announced with plans to distribute 26,000 devices.
Rekt News - The Eco-Friendly Rug Pull8 February 2024
Rowan Energy and ESE Solar publicly announce a formal partnership to expand SmartMiner distribution.
Decrypt - Rowan Energy and ESE Solar Unite2024
Token reward payments to SmartMiner device holders begin to falter; RWN token price begins a sustained decline.
The Rise and Fall of Rowan Energy - Fredrik Ahlgren (Substack)April 2025
A white-hat researcher discovers that Rowan's private blockchain is accessible via a publicly exposed RPC endpoint (3.19.248.157:8504). A totalSupply() query reveals 945,000,010 RWN tokens in circulation versus the stated 545 million. A hidden mintToken(address,uint256) function is identified. The researcher mints one billion tokens to prove the exploit, then burns them (burn tx: 0xf55d021088c9bfa078248be8fad2fae2a0837263288c34cf49c565f0ba8d8392).
Rekt News - The Eco-Friendly Rug Pull16 April 2025
David Duckworth publicly denies all fraud allegations, characterizing them as 'entirely false.'
Rekt News - The Eco-Friendly Rug Pull21 April 2025
Duckworth states the circulating supply has 'NOT increased,' contradicting on-chain data.
Rekt News - The Eco-Friendly Rug Pull21 June 2025
Rowan Energy locks its Telegram group to announcement-only mode.
Rekt News - The Eco-Friendly Rug Pull24 June 2025
Rowan Energy posts a notice on its website announcing the 'retirement' of the RWN token and blockchain, citing 'technical and reputational challenges.' No formal community announcement is made.
The Rise and Fall of Rowan Energy - Fredrik Ahlgren (Substack)25 June 2025
Rowan Energy shuts down its public blockchain. RWN token value collapses more than 99.9%. Trading halts on all exchanges. Rowan's website, YouTube channel, Telegram, and social media channels are deleted or scrubbed. David Duckworth ceases all public communication.
Quadriga Initiative - Rowan Energy Blockchain Closes Amid Fraud AllegationsDecision Log
- slot 465110985 · hash CZiUXBkryBrwVqhAfMXYeF7ncbN7QTfik6tsjMdtpPq6
- slot 465110981 · hash 8KZyYErWPL7s2SB7ECJBUN1Se6mQeuPNLyAdvLubVpmC
- slot 461964134 · hash EuhUZqQk8UaH7C7T9fWuTeRdpBexcaMDQ5M56LH82xVu
- slot 430089624 · hash 4pQyoodempMsme6Gg16J5fho76tKmVhT8YaMTn5LbAUd
This investigation is cryptographically anchored to the Solana blockchain (4 decisions). 8 of 11 cited source URLs have an Internet Archive snapshot.
model: claude-sonnet-4-6
generated: 7/1/2026, 12:09:41 PM
last updated: 11/4/2026, 1:06:36 AM
4 viewsavoid.net — verified advice for a post-truth world