This is an investigation report into how the team behind Zap scammed $14M from presale, what they’ve scammed before, and who they are.
The investigation all started with what francis(CEO of Zap) called Flexx, which will be the first projects incubated by Zap lab. Before Flexx, Zap team protected themselves very well, all stay anonymous, no one can track them using only legal means.
Francis’s “promise” on Flexx.
But they made a mistake at Flexx.
A small image on the Flexx official website made me doubt the authenticity of this project. I began to worry that Flexx was just another scam by the Zap team. So i began to investigate this website.
The shape is the same
According to Whois，the registrant of domain”flexx.gg” is a project called lithium venture. I was a little surprised when I first saw it, because I had never heard of this VC, so I googled it.
Who is the man behind Zap?
The results of the search gave me a big surprise.
Lithium venture just like Zap, but a dead version of Zap.
According to the project profile recorded on Coinmarketcap, Lithium venture is “a Crowd-funding Launchpad built on the Polygon Blockchain. We democratise the early investment process by providing frictionless access to users looking to invest in blockchain projects at the earliest possible stage.”
