Verify a decision
Every moderation decision on AVOID.NET is anchored to the Solana blockchain. You don't have to trust us — you can verify cryptographically that we committed to a verdict at a specific moment and have not rewritten it.
How verification works
- We commit. When a moderator accepts/rejects a submission, we serialize the decision into deterministic UTF-8 bytes (
payload_canonical_string), hash it with SHA-256, encode the digest as base58, and write it to Solana inside an SPL Memo v2 transaction. - We store the bytes. The exact bytes we hashed are stored alongside the decision in our database. Anyone can read them and recompute the hash in any language.
- You compare three values. Database hash, your independently-recomputed hash, and the hash inside the on-chain memo. If all three match, the decision is authentic and timestamped.
The on-chain memo format is
AVOID.NET|v1|h:<b58-sha256>|d:<id>|t:<iso>Find a signature on any investigation page's decision log, or run python -m src.verify_decision --signature <sig> for a CLI check.
Decision
publish · ETHTrustFund
- Sequence
- #1
- Score
- →
- Cluster
- mainnet-beta
- Slot
- 422548190
- Off-chain at
- 2026-05-27T17:32:23.695Z
- Anchored at
- —
- Block time
- —
Independent verification
- 1. Database (off-chain)
- 9Jqt9fHuLy2LYqDTNPje5LYibQnLj1E6tf7RfUuM1dPQ
- 2. Recomputed (your browser)
- computing…
- 3. On-chain (Solana memo)
- fetching…
Canonical bytes hashed (4295 chars)
{"actor":"system:backfill","investigation_id":"b62e95d9-03c4-4ee8-933d-3880f9a62bfc","kind":"publish","page_slug":"ethtrustfund","published_at":"2026-05-27T17:32:23.613Z","sequence_num":1,"snapshot":{"content_type":"investigation","entity_name":"ETHTrustFund","sections":[{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://rekt.news/ethtrustfund-rekt","type":"other","url":""},{"credibility":3,"name":"https://coinmarketcap.com/currencies/eth-trust-fund/","type":"other","url":""},{"credibility":3,"name":"https://basescan.org/token/0x6cF727D9089a07E44607BeA30F5E687983CA6aA1","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://rekt.news/ethtrustfund-rekt","type":"other","url":""},{"credibility":3,"name":"https://crypto.news/ethtrustfund-rug-pulls-on-base-leading-to-2m-in-investor-losses/","type":"other","url":""},{"credibility":3,"name":"https://www.web3isgoinggreat.com/single/ethtrustfund-rug-pull","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://rekt.news/ethtrustfund-rekt","type":"other","url":""},{"credibility":3,"name":"https://crypto.news/ethtrustfund-rug-pulls-on-base-leading-to-2m-in-investor-losses/","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://rekt.news/ethtrustfund-rekt","type":"other","url":""},{"credibility":3,"name":"https://crypto.news/ethtrustfund-rug-pulls-on-base-leading-to-2m-in-investor-losses/","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://en.wikipedia.org/wiki/ZachXBT","type":"other","url":""},{"credibility":3,"name":"https://rekt.news/ethtrustfund-rekt","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://rekt.news/ethtrustfund-rekt","type":"other","url":""},{"credibility":3,"name":"https://crypto.news/ethtrustfund-rug-pulls-on-base-leading-to-2m-in-investor-losses/","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://basescan.org/token/0x6cF727D9089a07E44607BeA30F5E687983CA6aA1","type":"other","url":""},{"credibility":3,"name":"https://coinmarketcap.com/currencies/eth-trust-fund/","type":"other","url":""},{"credibility":3,"name":"https://www.web3isgoinggreat.com/single/ethtrustfund-rug-pull","type":"other","url":""}]}],"sources_used":[],"summary":"ETHTrustFund (ticker: ETF) was a decentralized autonomous organization (DAO) built on Coinbase's Base layer-2 network that marketed itself as an OHM (Olympus DAO) fork and decentralized crypto hedge fund. On July 20, 2024, the pseudonymous lead developer known only as 'Peng' drained approximately 607 ETH (worth ~$2.1–2.2 million) from the project treasury and laundered the funds through the privacy protocols Tornado Cash and Railgun before disappearing entirely. ZachXBT has flagged this entity as a fraudulent project. The project's website, Twitter, and Telegram accounts were permanently deleted following the exit.","timeline":[{"date":"2024-03-14","event":"$ETF token launched on Uniswap V3 on Base network at 12pm ET; token pumped then declined approximately 90% within one week of launch.","source":""},{"date":"2024-04-01","event":"Lead developer 'Peng' allegedly went silent on Telegram, ceasing to respond to community messages approximately three months before the rug pull.","source":""},{"date":"2024-07-20","event":"Developer executed rug pull in two transactions: first transferring ~3.2 million BRETT tokens (~$453,000), then ~477 ETH (~$1.65 million) approximately 9.5 hours later. Total: ~607 ETH (~$2.1–2.2 million). Funds bridged to Ethereum mainnet and routed through Tornado Cash and Railgun.","source":""},{"date":"2024-07-21","event":"Crypto community researcher Octoshi publicly disclosed the suspicious treasury transfers and disappearance of the developer on social media.","source":""},{"date":"2024-07-22","event":"Blockchain security firm PeckShield confirmed the rug pull via an on-chain alert. Ogle (glue.net) filed a report on ChainAbuse. Rekt News published a full incident report.","source":""}]},"v":1}