Moose Money Never Launched

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Moose Money

Moose Money was a supposed yield farm launched by anonymous developers, suspected to be run by the same individual(s) as Mozart Finance. The team promised a large yield farm, and then rug pulled the day before it was supposed to launch.

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

About Moose Money

"Moose.Money is a new yield platform on Binance Smart Chain, where the community earns all the platform’s fees!"

"Presale members and token holders earn BNB + BUSD fees from the yield farm." "By participating in the Moose.Money presale you automatically earn the title “Super Moose”, which entitles you to several awesome bonuses and earning potential."

"Other ways to earn the platform’s fees (BNB + BUSD) is to simply hold MOOSE tokens in your wallet for longer than 72 hours without transferring or selling them! We have put this in place to create a sustainable yield platform with a vibrant community of holders!" "That means, every day the fees from Moose.Money get distributed to holders, believers in the community."

"A "HODL Moose" is a user who has held at least 1 MOOSE token in his wallet without selling/sending it for 72 hours. All the site's fees are distributed to this class of users, each and every day! - As long as you remain a "HODL Moose""

"The moment this user either sells or transfers any MOOSE tokens from the wallet, the "HODL Moose" title is lost and that user now needs to hold for 72 more hours before he can claim daily rewards again." "The more MOOSE tokens a HODL Moose is holding, the larger the share of the daily rewards!"

"By participating in the Moose presale (11th of April, 15:00 CET) a user will forever have the title "Super Moose"." "A "Super Moose" has the same privilege as a "HODL Moose" (earns daily BNB + BUSD rewards) but with the extra bonus: the "Super Moose" class earns ALL the transaction fees on the platform (2%)" "This means all the fees generated on the Moose.Money yield farm will be claimable from DAY 1 by this class of users." "Additionally, the 2% transfer/sell tax on the MOOSE token is sent to a reward pot which is distributed among the SUPER MOOSE users!"

"There will be an audit before farming begins, and 80% of liquidity will be locked through DXSale for maximum security, for 6 months."

"Link between MOOSE MONEY (SCAM) and MOZART FINANCE" "Transaction from Mozart Deployer to MOOSE Token Contract creator."

"MOOSE.money was a RUG, we are on to hunt them down!" "They stole at least 290 BNB, maybe more. It's ~130,000$." "They promised a farm, with initial investors gaining added bonuses. 1 week later, a day before the supposed farm, they rugged."

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.

Key Event Timeline - Moose Money Never Launched

Date	Event	Description
April 23rd, 2021	Main Event	Expand this into a brief description of what happened and the impact. If multiple lines are necessary, add them here.

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

The total amount lost has been estimated at $130,000 USD.

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

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

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?

Ongoing Developments

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

Individual Prevention Policies

No specific policies for individual prevention have yet been identified in this case.

For the full list of how to protect your funds as an individual, check our Prevention Policies for Individuals guide.

Platform Prevention Policies

Policies for platforms to take to prevent this situation have not yet been selected in this case.

For the full list of how to protect your funds as a financial service, check our Prevention Policies for Platforms guide.

Regulatory Prevention Policies

No specific regulatory policies have yet been identified in this case.

For the full list of regulatory policies that can prevent loss, check our Prevention Policies for Regulators guide.