It all started with a nut. 10 days ago I discovered Dextools, a website that featured a page called Live New Pairs. On this page, those looking to make a quick buck in the crypto market could find brand new shitcoins that had just been released. I figured, why not? I’ve been scammed before and bought into honest but failed projects before, so why not take a chance with a new coin. Little did I know that this coin I had chosen, NUT, would be a scam. Minutes after I made my swap, the liquidity was drained.
Angry and curious, I decided to investigate who had scammed me with NUT. I was able to backtrack the origin of the scammer, who I dubbed Shitrugger, to a Bybit account (a CEX blocked to US customers). As I investigated further, I discovered that Shitrugger had created and rugged 5 shitcoins on the same day that I had bought into NUT. In the three days following, Shitrugger had gone on to create 20 additional shitcoins.
I became obsessed with tracking and exposing Shitrugger’s trail of shitcoins. By monitoring the activity on Dextools, I was able to keep tabs on his movements and alert the crypto community whenever he released a new coin.
Though I was never able to get my money back from NUT, I was able to warn others of Shitrugger’s scam. Hopefully, my efforts have prevented others from falling victim to his schemes and saved them from losing their hard-earned money.