Bantiample Exit Scam - Revision history

Azoundria at 21:37, 10 May 2024

2024-05-10T21:37:56Z

← Older revision		Revision as of 15:37, 10 May 2024
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	[[File:Bantiample.jpg\|thumb\|Bantiample]]Bantiample was a fork of Antiample, but not a functional one. It took advantage of the hype around the Antiample project to launch. The project did not run for long before the anonymous creator made off with everyone's funds.		[[File:Bantiample.jpg\|thumb\|Bantiample]]Bantiample was a fork of Antiample, but not a functional one. It took advantage of the hype around the Antiample project to launch. The project did not run for long before the anonymous creator made off with everyone's funds.

	This is a global/international case not involving a specific country.<ref name="steemit-1129" /><ref name="bantiamplmedium-1353" /><ref name="warosu-1354" /><ref name="bantiampleofficialtelegram-1355" /><ref name="coinness-1356" /><ref name="cryptovod-1357" /><ref name="slowmisthacked-678" />		This is a global/international case not involving a specific country.<ref name="steemit-1129" /><ref name="bantiamplmedium-1353" /><ref name="warosu-1354" /><ref name="bantiampleofficialtelegram-1355" /><ref name="coinness-1356" /><ref name="cryptovod-1357" /><ref name="slowmisthacked-678" /><ref name="comparitech-10032" />

	== About Bantiample ==		== About Bantiample ==
Line 114:		Line 114:
	<ref name="cryptovod-1357">[https://cryptovod.ru/defi-proekt-bantiample-sovershil-ekzit-skam-na-83-000/ DeFi-проект Bantiample совершил экзит-скам на $83 000] (Jun 13, 2021)</ref>		<ref name="cryptovod-1357">[https://cryptovod.ru/defi-proekt-bantiample-sovershil-ekzit-skam-na-83-000/ DeFi-проект Bantiample совершил экзит-скам на $83 000] (Jun 13, 2021)</ref>

	<ref name="slowmisthacked-678">[https://hacked.slowmist.io/en/?c=ETH%20DApp SlowMist Hacked - SlowMist Zone] (May 18, 2021)</ref></references>		<ref name="slowmisthacked-678">[https://hacked.slowmist.io/en/?c=ETH%20DApp SlowMist Hacked - SlowMist Zone] (May 18, 2021)</ref>

			<ref name="comparitech-10032">[https://www.comparitech.com/crypto/cryptocurrency-scams/ Worldwide crypto & NFT rug pulls and scams tracker - Comparitech] (Dec 15, 2022)</ref></references>

Azoundria at 17:52, 2 May 2023

2023-05-02T17:52:56Z

← Older revision		Revision as of 11:52, 2 May 2023
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	{{Imported Case Study\|source=https://www.quadrigainitiative.com/casestudy/bantiampleexitscam.php}}		{{Imported Case Study 2\|source=https://www.quadrigainitiative.com/casestudy/bantiampleexitscam.php}}
	{{Unattributed ~~Citations~~}}		{{Unattributed Sources}}

	[[File:Bantiample.jpg\|thumb\|Bantiample]]Bantiample was a fork of Antiample, but not a functional one. It took advantage of the hype around the Antiample project to launch. The project did not run for long before the anonymous creator made off with everyone's funds.		[[File:Bantiample.jpg\|thumb\|Bantiample]]Bantiample was a fork of Antiample, but not a functional one. It took advantage of the hype around the Antiample project to launch. The project did not run for long before the anonymous creator made off with everyone's funds.

	This is a global/international case not involving a specific country.		This is a global/international case not involving a specific country.<ref name="steemit-1129" /><ref name="bantiamplmedium-1353" /><ref name="warosu-1354" /><ref name="bantiampleofficialtelegram-1355" /><ref name="coinness-1356" /><ref name="cryptovod-1357" /><ref name="slowmisthacked-678" />
	<ref name="steemit-1129" /><ref name="bantiamplmedium-1353" /><ref name="warosu-1354" /><ref name="bantiampleofficialtelegram-1355" /><ref name="coinness-1356" /><ref name="cryptovod-1357" /><ref name="slowmisthacked-678" />

	== About Bantiample ==		== About Bantiample ==
Line 55:		Line 54:
	!Description		!Description
	\|-		\|-
	\|September 18th, 2020 ~~12:00:00 AM~~		\|September 18th, 2020
	\|Main Event		\|Main Event
	\|Expand this into a brief description of what happened and the impact. If multiple lines are necessary, add them here.		\|Expand this into a brief description of what happened and the impact. If multiple lines are necessary, add them here.
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	\|		\|
	\|}		\|}

			== Technical Details ==
			This section includes specific detailed technical analysis of any security breaches which happened. What specific software vulnerabilities contributed to the problem and how were they exploited?

	== Total Amount Lost ==		== Total Amount Lost ==
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	== Ongoing Developments ==		== Ongoing Developments ==
	What parts of this case are still remaining to be concluded?		What parts of this case are still remaining to be concluded?
			== General Prevention Policies ==
			A basic analysis of the smart contract would have revealed the lack of functionality. One should question projects that place significant trust in an anonymous entity. This project did not run for long before the platform was closed.
			== Individual Prevention Policies ==
			{{Prevention:Individuals:Placeholder}}

			{{Prevention:Individuals:End}}

			== Platform Prevention Policies ==
			{{Prevention:Platforms:Placeholder}}

			{{Prevention:Platforms:End}}

			== Regulatory Prevention Policies ==
			{{Prevention:Regulators:Placeholder}}

	== Prevention ~~Policies ==~~		{{Prevention:Regulators:End}}
	A basic analysis of the smart contract would have revealed the lack of functionality. One should question projects that place significant trust in an anonymous entity. This project did not run for long before the platform was closed.

	== References ==		== References ==
	<references><ref name="steemit-1129">[https://steemit.com/defi/@iura.vishnevsky/defi-project-lv-finance-has-fabricated-the-results-of-audits-and-made-exit-scams DeFi Project LV Finance Has Fabricated the Results of Audits and Made Exit Scams] (Jun 4, 2021)</ref>		<references><ref name="steemit-1129">[https://steemit.com/defi/@iura.vishnevsky/defi-project-lv-finance-has-fabricated-the-results-of-audits-and-made-exit-scams DeFi Project LV Finance Has Fabricated the Results of Audits and Made Exit Scams] (Jun 5, 2021)</ref>

	<ref name="bantiamplmedium-1353">[https://medium.com/@bantiampl/bantiample-future-developments-ea47252fe553 Bantiample future developments. Website: https://www.bantiample.org/ \| by Bantiampl \| Medium] (Jun 11, 2021)</ref>		<ref name="bantiamplmedium-1353">[https://medium.com/@bantiampl/bantiample-future-developments-ea47252fe553 Bantiample future developments. Website: https://www.bantiample.org/ \| by Bantiampl \| Medium] (Jun 12, 2021)</ref>

	<ref name="warosu-1354">[https://warosu.org/biz/?task=page&page=20904 https://warosu.org/biz/?task=page&page=20904] (Jun 12, 2021)</ref>		<ref name="warosu-1354">[https://warosu.org/biz/?task=page&page=20904 https://warosu.org/biz/?task=page&page=20904] (Jun 13, 2021)</ref>

	<ref name="bantiampleofficialtelegram-1355">[https://t.me/bantiampleofficial Telegram: Contact @bantiampleofficial] (Jun 12, 2021)</ref>		<ref name="bantiampleofficialtelegram-1355">[https://t.me/bantiampleofficial Telegram: Contact @bantiampleofficial] (Jun 13, 2021)</ref>

	<ref name="coinness-1356">[https://www.coinness.com/news/765122 Binance’s Project Bantiample Is An Exit Scam, Cashing Out 3000 BNB \| CoinNess] (Jun 12, 2021)</ref>		<ref name="coinness-1356">[https://www.coinness.com/news/765122 Binance’s Project Bantiample Is An Exit Scam, Cashing Out 3000 BNB \| CoinNess] (Jun 13, 2021)</ref>

	<ref name="cryptovod-1357">[https://cryptovod.ru/defi-proekt-bantiample-sovershil-ekzit-skam-na-83-000/ DeFi-проект Bantiample совершил экзит-скам на $83 000] (Jun 12, 2021)</ref>		<ref name="cryptovod-1357">[https://cryptovod.ru/defi-proekt-bantiample-sovershil-ekzit-skam-na-83-000/ DeFi-проект Bantiample совершил экзит-скам на $83 000] (Jun 13, 2021)</ref>

	<ref name="slowmisthacked-678">[https://hacked.slowmist.io/en/?c=ETH%20DApp SlowMist Hacked - SlowMist Zone] (May 17, 2021)</ref></references>		<ref name="slowmisthacked-678">[https://hacked.slowmist.io/en/?c=ETH%20DApp SlowMist Hacked - SlowMist Zone] (May 18, 2021)</ref></references>

Azoundria at 17:23, 17 February 2023

2023-02-17T17:23:10Z

← Older revision		Revision as of 11:23, 17 February 2023
Line 1:		Line 1:
	{{Imported Case Study\|source=https://www.quadrigainitiative.com/casestudy/bantiampleexitscam.php}}		{{Imported Case Study\|source=https://www.quadrigainitiative.com/casestudy/bantiampleexitscam.php}}
			{{Unattributed Citations}}

	[[File:Bantiample.jpg\|thumb\|Bantiample]]Bantiample was a fork of Antiample, but not a functional one. It took advantage of the hype around the Antiample project to launch. The project did not run for long before the anonymous creator made off with everyone's funds.		[[File:Bantiample.jpg\|thumb\|Bantiample]]Bantiample was a fork of Antiample, but not a functional one. It took advantage of the hype around the Antiample project to launch. The project did not run for long before the anonymous creator made off with everyone's funds.

	This is a global/international case not involving a specific country.		This is a global/international case not involving a specific country.
			<ref name="steemit-1129" /><ref name="bantiamplmedium-1353" /><ref name="warosu-1354" /><ref name="bantiampleofficialtelegram-1355" /><ref name="coinness-1356" /><ref name="cryptovod-1357" /><ref name="slowmisthacked-678" />

	== About Bantiample ==		== About Bantiample ==
Line 33:		Line 35:

	Don't Include:		Don't Include:

	* Any wording which directly states or implies that the business is/was illegitimate, or that a vulnerability existed.		* Any wording which directly states or implies that the business is/was illegitimate, or that a vulnerability existed.
	* Anything that wasn't reasonably knowable at the time of the event.		* Anything that wasn't reasonably knowable at the time of the event.
Line 55:		Line 56:
	\|-		\|-
	\|September 18th, 2020 12:00:00 AM		\|September 18th, 2020 12:00:00 AM
	\|~~First~~ Event		\|Main Event
	\|~~This is an expanded~~ description of what happened and the impact. If multiple lines are necessary, add them here.		\|Expand this into a brief description of what happened and the impact. If multiple lines are necessary, add them here.
	\|-
	\|
	\|
	\|
	\|-		\|-
	\|		\|
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	== Total Amount Lost ==		== Total Amount Lost ==
	The total amount lost ~~is unknown~~.		The total amount lost has been estimated at $83,000 USD.

	How much was lost and how was it calculated? If there are conflicting reports, which are accurate and where does the discrepancy lie?		How much was lost and how was it calculated? If there are conflicting reports, which are accurate and where does the discrepancy lie?
Line 79:		Line 76:

	== Total Amount Recovered ==		== Total Amount Recovered ==
	~~It is unknown how much was~~ recovered.		There do not appear to have been any funds recovered in this case.

	What funds were recovered? What funds were reimbursed for those affected users?		What funds were recovered? What funds were reimbursed for those affected users?
Line 90:		Line 87:

	== References ==		== References ==
	[https://steemit.com/defi/@iura.vishnevsky/defi-project-lv-finance-has-fabricated-the-results-of-audits-and-made-exit-scams DeFi Project LV Finance Has Fabricated the Results of Audits and Made Exit Scams] (Jun 4)		<references><ref name="steemit-1129">[https://steemit.com/defi/@iura.vishnevsky/defi-project-lv-finance-has-fabricated-the-results-of-audits-and-made-exit-scams DeFi Project LV Finance Has Fabricated the Results of Audits and Made Exit Scams] (Jun 4, 2021)</ref>

	[https://medium.com/@bantiampl/bantiample-future-developments-ea47252fe553 Bantiample future developments. Website: https://www.bantiample.org/ \| by Bantiampl \| Medium] (Jun 11)		<ref name="bantiamplmedium-1353">[https://medium.com/@bantiampl/bantiample-future-developments-ea47252fe553 Bantiample future developments. Website: https://www.bantiample.org/ \| by Bantiampl \| Medium] (Jun 11, 2021)</ref>

	[https://warosu.org/biz/?task=page&page=20904 https://warosu.org/biz/?task=page&page=20904] (Jun 12)		<ref name="warosu-1354">[https://warosu.org/biz/?task=page&page=20904 https://warosu.org/biz/?task=page&page=20904] (Jun 12, 2021)</ref>

	[https://t.me/bantiampleofficial Telegram: Contact @bantiampleofficial] (Jun 12)		<ref name="bantiampleofficialtelegram-1355">[https://t.me/bantiampleofficial Telegram: Contact @bantiampleofficial] (Jun 12, 2021)</ref>

	[https://www.coinness.com/news/765122 Binance’s Project Bantiample Is An Exit Scam, Cashing Out 3000 BNB \| CoinNess] (Jun 12)		<ref name="coinness-1356">[https://www.coinness.com/news/765122 Binance’s Project Bantiample Is An Exit Scam, Cashing Out 3000 BNB \| CoinNess] (Jun 12, 2021)</ref>

	[https://cryptovod.ru/defi-proekt-bantiample-sovershil-ekzit-skam-na-83-000/ DeFi-проект Bantiample совершил экзит-скам на $83 000] (Jun 12)		<ref name="cryptovod-1357">[https://cryptovod.ru/defi-proekt-bantiample-sovershil-ekzit-skam-na-83-000/ DeFi-проект Bantiample совершил экзит-скам на $83 000] (Jun 12, 2021)</ref>

	[https://hacked.slowmist.io/en/?c=ETH%20DApp SlowMist Hacked - SlowMist Zone] (May 17)		<ref name="slowmisthacked-678">[https://hacked.slowmist.io/en/?c=ETH%20DApp SlowMist Hacked - SlowMist Zone] (May 17, 2021)</ref></references>

Azoundria: Created page with "{{Imported Case Study|source=https://www.quadrigainitiative.com/casestudy/bantiampleexitscam.php}} BantiampleBantiample was a fork of Antiample, but not a functional one. It took advantage of the hype around the Antiample project to launch. The project did not run for long before the anonymous creator made off with everyone's funds. This is a global/international case not involving a specific country. == About Bantiample == "Bantiample to..."

2023-01-25T18:10:04Z

Created page with "{{Imported Case Study|source=https://www.quadrigainitiative.com/casestudy/bantiampleexitscam.php}} thumb|BantiampleBantiample was a fork of Antiample, but not a functional one. It took advantage of the hype around the Antiample project to launch. The project did not run for long before the anonymous creator made off with everyone's funds. This is a global/international case not involving a specific country. == About Bantiample == "Bantiample to..."

New page

{{Imported Case Study|source=https://www.quadrigainitiative.com/casestudy/bantiampleexitscam.php}}

[[File:Bantiample.jpg|thumb|Bantiample]]Bantiample was a fork of Antiample, but not a functional one. It took advantage of the hype around the Antiample project to launch. The project did not run for long before the anonymous creator made off with everyone's funds.

This is a global/international case not involving a specific country.

== About Bantiample ==
"Bantiample tokens were released on September 15th. The project was an analogue of the Antiample DeFi protocol, which is gaining momentum." "Fork of AntiAmple listed on Binance Smart Chain, where there's barely projects active atm. It's getting attention from twitter but not a lot so still early."

"Bantiample is a BEP-20 token issued on the Binance Smart Chain blockchain. Bantiample holders have the opportunity to earn rewards in the token pool , write the creators of the fraudulent scheme." "$BAMP holders at time of snapshot will receive 2:1 $BASH tokens compared to other two tokens. $BOB and $BOAB token holders at time of snapshot will receive bonus farming rewards on the launch of $BASH so long as they also have an equal BNB value of $BAMP. These bonus farming reward “packages” will also be able to be traded. The burnt liquidity pool tokens will not be included in snapshot."

"Some guy took Bill Drummond's projects and just forked them. Super low amount of holders right now. Dev in TG and burned the fuck out of the supply. Do what you want with this information, but imagine not riding the same train that just happened with XAMP -> TOB -> BOA -> ASH. Dev already said he's doing BAMP -> BOB -> BOAB -> BASH. Airdropping tokens for BAMP holders. Be a BAMP whale and you get free money off all those upcoming projects. If you don't, you're probably [f***ing] retarded."

"Earlier it became known about the exit-scam of the Bantiample project at the Binance Smart Chain." "Bantiample, a project on the Binance Smart Chain, has reportedly cashed out 3k BNB and disappeared. In the meantime its account on Telegram was closed and the token BMAP was on a day-to-day decrease of over 90%."

"In reality, Bantiample had almost no functionality and was created solely to raise funds. At the moment, the pages in social networks Bantiample have been removed by their creators. The native Bantiample token has lost almost 90% of its value in the last 24 hours."

"The Bantiample team, a project on the Binance Smart Chain, has cashed out 3000 BNB to run away. At present, the main developer of the team has deleted the Telegram account, and the project token BMAP has fallen by more than 90% in a single day. According to the project's description, BMAP is a kind of AMPL-like imitation. Every time a user participates in a transaction, the total amount is reduced by 1%. However, it is actually just a common token, and it does not have the functions described by the project party. It just uses the AMPL project hotspot to commit fraud."

This is a global/international case not involving a specific country.

The background of the exchange platform, service, or individuals involved, as it would have been seen or understood at the time of the events.

Include:

* Known history of when and how the service was started.
* What problems does the company or service claim to solve?
* What marketing materials were used by the firm or business?
* Audits performed, and excerpts that may have been included.
* Business registration documents shown (fake or legitimate).
* How were people recruited to participate?
* Public warnings and announcements prior to the event.

Don't Include:

* Any wording which directly states or implies that the business is/was illegitimate, or that a vulnerability existed.
* Anything that wasn't reasonably knowable at the time of the event.
There could be more than one section here. If the same platform is involved with multiple incidents, then it can be linked to a main article page.

== The Reality ==
This sections is included if a case involved deception or information that was unknown at the time. Examples include:

* When the service was actually started (if different than the "official story").
* Who actually ran a service and their own personal history.
* How the service was structured behind the scenes. (For example, there was no "trading bot".)
* Details of what audits reported and how vulnerabilities were missed during auditing.

== What Happened ==
The specific events of the loss and how it came about. What actually happened to cause the loss and some of the events leading up to it.
{| class="wikitable"
|+Key Event Timeline - Bantiample Exit Scam
!Date
!Event
!Description
|-
|September 18th, 2020 12:00:00 AM
|First Event
|This is an expanded description of what happened and the impact. If multiple lines are necessary, add them here.
|-
|
|
|
|-
|
|
|
|}

== Total Amount Lost ==
The total amount lost is unknown.

How much was lost and how was it calculated? If there are conflicting reports, which are accurate and where does the discrepancy lie?

== Immediate Reactions ==
How did the various parties involved (firm, platform, management, and/or affected individual(s)) deal with the events? Were services shut down? Were announcements made? Were groups formed?

== Ultimate Outcome ==
What was the end result? Was any investigation done? Were any individuals prosecuted? Was there a lawsuit? Was any tracing done?

== Total Amount Recovered ==
It is unknown how much was recovered.

What funds were recovered? What funds were reimbursed for those affected users?

== Ongoing Developments ==
What parts of this case are still remaining to be concluded?

== Prevention Policies ==
A basic analysis of the smart contract would have revealed the lack of functionality. One should question projects that place significant trust in an anonymous entity. This project did not run for long before the platform was closed.

== References ==
[https://steemit.com/defi/@iura.vishnevsky/defi-project-lv-finance-has-fabricated-the-results-of-audits-and-made-exit-scams DeFi Project LV Finance Has Fabricated the Results of Audits and Made Exit Scams] (Jun 4)

[https://medium.com/@bantiampl/bantiample-future-developments-ea47252fe553 Bantiample future developments. Website: https://www.bantiample.org/ | by Bantiampl | Medium] (Jun 11)

[https://warosu.org/biz/?task=page&page=20904 https://warosu.org/biz/?task=page&page=20904] (Jun 12)

[https://t.me/bantiampleofficial Telegram: Contact @bantiampleofficial] (Jun 12)

[https://www.coinness.com/news/765122 Binance’s Project Bantiample Is An Exit Scam, Cashing Out 3000 BNB | CoinNess] (Jun 12)

[https://cryptovod.ru/defi-proekt-bantiample-sovershil-ekzit-skam-na-83-000/ DeFi-проект Bantiample совершил экзит-скам на $83 000] (Jun 12)

[https://hacked.slowmist.io/en/?c=ETH%20DApp SlowMist Hacked - SlowMist Zone] (May 17)