CryptoHobbyist
commented
12 months ago Hello @broroduvce9p
Are you reporting that this token project is dead due to internal fraud or are you reporting something else? I would agree that it looks like the project is dead with there BEP-20 token and the XLM market looks like it is just some people unaware and/or just trying to get what little they can.
What was the "Swap Back"?
What kind of label are you suggesting?
As you know many token projects with good intitial intentions die due to poor execution. There are also DEVs that rug the project, not to be trusted DEVs that steal from the project or worse the customers directly, plain Ponzi schemes, out right pump and dumps, etc.
I have not dove into this much but initially it looks like a dead project that had devs (maybe just some bad actors) that drained the liquidity and killed it.
Your additional input is wanted. Can you clearly state what labels you think should be added to the Stellar Expert database?
Looking Towards The Future With You, Rob
broroduvce9p
1) Perhaps the theft of ICO funds in 2018, since the active development stage ended almost 4 years ago. The project stopped showing signs of life after 2020. https://foundico.com/person/luis-franceschi.html https://icoholder.com/lapo-blockchain-19163
Funds raised: $7,373,914 or $40,257,067
lapo.io The site was last updated in December 2021.
The roadmap for more than 4 years has been prescribing fake plans and values that change only year/percentage of progress once a year. Starting from 2020, nothing is being done at all. https://web.archive.org/web/20190319014028/https://lapo.io/roadmap.html https://web.archive.org/web/20200524191931/https://lapo.io/roadmap.html https://web.archive.org/web/20210927222536/https://lapo.io/roadmap.html https://web.archive.org/web/20220704154302/https://lapo.io/roadmap.html https://web.archive.org/web/20230321211144/https://lapo.io/roadmap.html
https://medium.com/lapoblockchain
https://t.me/lapoblockchain Closed to public viewing in the fall of 2019.
2) Theft of funds by developers when exchanging between XLM/BSC networks
LAPO XLM/BSC Replacement machine
BSC Address Deposit https://bscscan.com/address/0xc5017e37fb4ccb7ffd898caec0c43fb6dc55089a
List of deposits https://bscscan.com/advanced-filter?tadd=0xc5017e37fb4ccb7ffd898caec0c43fb6dc55089a&txntype=2&tkn=0x082bb8716452Bf4E27E190ecf6efB89cCC7cd5C4 Total received 148607474.48412 LAPO BSC
Windraw XLM Address https://stellar.expert/explorer/public/account/GAAXAMZCNLIT7YY6E4TDZZPYWLMCG7TSZUCOAU45FB4ZNAVGGOHE7KF5 Windraw XLM address 2 https://stellar.expert/explorer/public/account/GDKJ4YQ75DKPIC6FMR667GKAFXRKKTMAJ63UH4S7OMGVE4CXL26KVRET
Windraw List (Memo: Swap back) https://stellar.expert/explorer/public/account/GAAXAMZCNLIT7YY6E4TDZZPYWLMCG7TSZUCOAU45FB4ZNAVGGOHE7KF5?account[]=GAAXAMZCNLIT7YY6E4TDZZPYWLMCG7TSZUCOAU45FB4ZNAVGGOHE7KF5&memo[]=Memo%3A %20 Swap%20back&type[]=payments Sent 90552688 LAX XLM
Windraw 2 List (Memo: Swap back) https://stellar.expert/explorer/public/account/GDKJ4YQ75DKPIC6FMR667GKAFXRKKTMAJ63UH4S7OMGVE4CXL26KVRET?account[]=GDKJ4YQ75DKPIC6FMR667GKAFXRKKTMAJ63UH4S7OMGVE4CXL26KVRET&memo[ ]=s wap&sort=id Sent 32194529 LAX XLM
Total sent 122747217 LAX XLM
!!!Stolen by the developers: 148607474.48412 LAX BSC - 122747217 LAX XLM = -25860257.48412 LAPO BSC The average price during that time period for 1 LAX = 0.00075/0.001 USD. (data from stellarterm and poocoin) Stolen by developers in USD from 19395.2 USD to 25860.25 USD and removed from the liquidity of LAPO XLM (maybe more if you specify token rates)