Huang Licheng transformed into Moji 'Big Cut' and swept away billions?

On March 30, according to data on the chain, "Big Brother Maji" Huang Licheng pledged part of the SOL (156,300 pieces) he raised for the Meme project Bobaoppa into the Solana ecological pledge agreement BlazeStake at 12:56 Beijing time today, and exchanged It is 139,556.77 bSOL, worth approximately US$31.13 million. At present, in addition to the above-mentioned bSOL, the fundraising address (starting with CZ5ak) still has 96 wSOL, 70 SOL and 2727 USDC, with a total value of 36,000 US dollars.

Bobaoppa is the name of the dog raised by Brother Moji. This afternoon, Bobaoppa opened at $0.0014 and quickly jumped more than 70%. It is now quoted at $0.0005. At the same time, Brother Maji has set the pool with a dynamic handling fee of 2%-10%, and currently charges 8.75% in one direction. If you make a transaction, you will immediately lose 15% of your principal.

Brother Maji easily made a profit of US$31 million here, plus the profit from the Bobaoppa token smash. Actual total proceeds should be around $50 million.

Maji’s eldest brother Huang Licheng is a habitual offender of cutting leeks in the industry. As early as 2017, Huang Licheng began to use his personal fame to "cut leeks".

• At the end of 2017, Huang Licheng founded Mithril, a decentralized social media platform, and raised US$51.6 million through private token sales. Later, in 2018, it was listed on the stock exchange in just one month. Return to zero.
• In early 2018, Huang teamed up with Taiwanese politicians Hsieh Chang-ting, Lin Zhanglin and Ryan Terribilini to found Formosa Financial, a blockchain company. Financial management platform. Raised US$23 million through two rounds of private placements. Huang Licheng promised that the project would be listed on the New York Stock Exchange IPO, but when FMF was listed on IDEX in June 2018, it immediately plummeted to zero after landing.
• In early July 2020, Huang Licheng and Leo Cheng jointly established Cream Finance. To date, Cream Finance has been exploited three times due to negligence, resulting in losses exceeding $192 million.
• In December 2020, Mith Cash, an anonymous project on Huang Licheng’s platform, due to Huang Licheng’s own great influence, the TVL of Mith Cash increased to US$1 billion in just a few days after its launch. But then it also ended with the currency price returning to zero.
• At the end of August 2021, Huang Licheng copied the popular chain game at the time and released "Heroes of Evermore", and continued to operate it in the name of an anonymous team. In the end, it was discovered that he was issuing additional coins in the chain game in the form of a mouse warehouse. Rare NFTs were liquidated for approximately 530 ETH.

Among Huang Licheng’s many projects, the same keywords are always the same: anonymous team, imitation project, new wallet funded through FTX, and short life cycle. The participants in each project are also the same: Wilson, Leo, and Huang Licheng. As for becoming the iron triangle for cutting leeks.

After VT Scroll BNB ran away, Huang Licheng, the eldest brother of Maji, launched MEME to make tens of millions of dollars by cutting leeks. Bobaoppa will not be Huang Licheng’s last project, but it is likely to be the last funding for the participants.

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