Neblio and SONM Controlled by Russian Criminals Connected to Binance
CryptoSleuth
A crypto project from 2017, Neblio, comes back to life following a supposed acquisition by a Dubai based VC group.
So far there has been very little information given as to who this entity actually is but looking through various Neblio community channels, a few names pop up, such as Youness Hariss, supposedly the team's CMO, a developer going by the name 'NeblTechy', a telegram Moderator called Andrew and apparently a CEO called Dives Evgenii.
Looking at Neblio, they appear as though they have been making a bunch of scam partnerships with entities that are already linked to projects that were run by or affiliated with Dives Evgenii such as SONM, Bounce, Linear Finance, Token Club, Crypto Coin Coach and Drep.
Both coins are totally dead, have no visible team or any active development, yet they are still listed on Binance and were even given BUSD trading pairs as well as leveraged trading and savings products.
Another coin, DREP, also linked to Evgenii and listed on Binance appears to be another scam with no visible team or active development but are being aided by Binance, having also been given more Binance products.
So what of Neblio? In early August it was announced that Neblio had been acquired by a 'Dubai VC group' with details set to follow. No details emerged however. The only people that appear to be linked to Neblio is Dives Evgenii and a bunch of what appears to be fake profiles of people that do not exist.
Within a short while after the supposed acquisition of Neblio, the Neblio twitter account announced that they had gone into partnership with SONM. Partnerships with other dead coins followed.
SONM dates back all the way to 2017, with no mystery in crypto circles about the team rugpulling after ICO.
SOMN now appears to be under control of Evgenii and his crew, having carried out a token swap in early 2021 and moving to the Binance chain, likely awarding themselves 79% of the total supply in the process.
https://link.medium.com/gsi3vYCe9ub
So other than Dives Evgenii, who is part of the Neblio team? Truth is nobody really knows, but most likely associates of his. These names mentioned and made public in AMAs seem to be on a conveyer belt or rotating door with different people mentioned for the same roles and positions.
So where is this Dubai VC? Or anyone from what purports to be a VC group from Dubai vouching for Neblio? A recent audio AMA with the LUNC community, totally exposed the rep from Neblio which can be heard here, failing to divulge any information on who was controlling Neblio, any details on team wallets, where they were based, making it impossible to do any due diligence on the project. Even as of now there is no information on any acquisition.
A second voice AMA which followed the first one was even more telling with another CMO rolled out by the name of Ren, who was unable to adequately answer a single question. Ren pretty much disappeared right after and is nowhere to be seen as a real person, affiliated with Neblio in any way, shape or form. You can tune in to the recording here.
The Neblio price too flew upwards from around 0.20 to over $3 which pretty much played out like a pump and dump, with front running before every announcement and a dump following each and every time.
Neblio are also now describing themselves as an unregulated 'Financial Service', which means they are billing themselves as a security, with a guarantee of making profits from holding their token.
Why are Binance facilitating major international fraud of their own customers? That's something only Binance management can answer. But it's 100% clear that they are assisting criminals who have been running pump and dumps on coins they apparently own or are heavily linked to.
Who in Binance is assisting these criminals? If CZ doesn't put a stop to this fraud of Binance customers, he will surely face huge investigations from financial conduct authorities in all of Binance's global operating territories.
Neblio team have been busy putting out fake announcements to pump and dump NEBL on their holders. This included a fake announcement of them attending the Token2049 conference
and a partnership with a game studio which was supposedly using Neblio tokens for their game.
Update: This group have just carried out a major pump and dump on both SNM and NEBL. The Neblio team twitter account posted two tweets boasting about their market performance (screen captured in case of deletion)
Nearly 80% of the SNM supply belongs to one wallet account after a 2021 token swap, which likely awarded the team the vast majority of the supply.
