Mohammed Dewji $TANZANIA Token Rug Pull On Twitter/X

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Mohammed Dewji MO

Mohammed "Mo" Gulamabbas Dewji, born on May 8, 1975, in Singida, Tanzania, is a billionaire businessman, philanthropist, and former politician. He is the owner of MeTL Group, a conglomerate with a net worth of $1.8 billion as of October 2024. Fraudulent posts about the TANZANIA token, claiming Dewji endorsed it, were shared on Twitter/X after his account was hacked. Dewji later posted an apology on his X account, acknowledging the breach and condemning the fraudulent activity. He explained that the hack occurred between February 5th and 6th, with imposters posing as official platform support. Dewji urged everyone to stay vigilant against scams and prioritize cybersecurity. There does not appear to be any assistance for those affected.

About Mohammed Dewji

Mohammed "Mo" Gulamabbas Dewji, born on May 8, 1975, in Singida, Tanzania, is a billionaire businessman, philanthropist, and former politician. He is the owner of MeTL Group, a conglomerate established by his grandmother and expanded by his father. Dewji served as a Member of Parliament for Singida Urban from 2005 to 2015. He is Africa's 17th richest person and the youngest billionaire, with a net worth of $1.8 billion as of October 2024. Dewji was the first Tanzanian featured on the cover of Forbes in 2013.

Dewji grew up in a modest family and attended schools in Tanzania, Florida, and New Jersey before graduating from Georgetown University with a degree in international business and finance. He later joined MeTL Group, where he successfully expanded the company, increasing its revenue from $30 million to over $1.5 billion between 1999 and 2018. MeTL Group operates in various sectors, including manufacturing, agriculture, finance, and telecommunications, and employs over 28,000 people.

In politics, Dewji was elected as an MP for the Chama Cha Mapinduzi (CCM) party in 2005 and served for ten years before stepping down in 2015. He married his high school sweetheart, Saira, in 2001, and the couple has three children. Dewji is a Shia Muslim and follows the Twelver branch of Islam.

In October 2018, Dewji was kidnapped by armed gunmen but was released after ten days, and no ransom was paid. His abduction and subsequent media attention led to significant public support and an ongoing investigation. Dewji's wealth and influence have made him one of East Africa's wealthiest individuals. He is also known for his philanthropic work through the Mo Dewji Foundation and his commitment to the Giving Pledge, which involves donating at least half of his wealth to charitable causes.

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 - Mohammed Dewji $TANZANIA Token Rug Pull On Twitter/X

Date	Event	Description
February 5th, 2025 6:11:25 AM MST	First Mint Of Tanzania Token	The first mint of the Tanzania token on the Solana blockchain.
February 5th, 2025 9:03:00 AM MST	LookOnChain Tweets Rug Pull	LookOnChain tweets that Mohammed Dewji MO (@moodewji) launched the $TANZANIA token and sold it to investors, earning $1.48M. He distributed 90 $SOL ($18K) to 20 wallets, then bought 793M $TANZANIA (79.5% of the total supply). After accumulating his position, he shared the contract address and offloaded all 793M $TANZANIA for 7,373 $SOL ($1.5M), making a profit of 7,283 $SOL ($1.48M). He has since deleted all related tweets.
February 5th, 2025 9:24:00 AM MST	ZachXBT Tweet Posted	ZachXBT posts on Twitter/X the account of Mohammed Dewji MO was clearly compromised, as the deployer address for the TANZANIA token was funded by the recent THANOS and PUTIN ATOs.
February 5th, 2025 3:50:00 PM MST	Forbes Article Published	A Forbes article is reportedly published covering the hack/breach of Mohammed's account.
February 6th, 2025 12:45:57 AM MST	ODaily News Report	ODaily News reports that, according to previous monitoring by Lookonchain, Tanzanian businessman and entrepreneur Mohammed Dewji MO (@moodewji) announced the launch of a TANZANIA token on the X platform and sold it to investors, making a profit of $1.48 million. He later deleted all related tweets. However, blockchain investigator ZachXBT stated that Dewji's X account had been compromised, and the tweets about the token were posted by the hacker.
February 6th, 2025 1:18:00 AM MST	Mohammed Dewji Acknowledgement	Mohammed Dewji posts on Twitter to report an update following the breach of his X account: "We apologize for the inconvenience caused by the breach of our X account. The situation is now under control, but we urge everyone to stay vigilant against scams and rely only on our official channels for accurate information." He clarified that the incident was a targeted hacking attempt, where imposters posed as official platform support. The breach occurred between February 5th at 4:00 PM and February 6th 2:00 AM, but thanks to X's management team, the issue was swiftly resolved. Dewji emphasized the importance of cybersecurity and urged everyone to be cautious of phishing links.

Technical Details

"This was a targeted hacking attempt where imposters posed as official platform support. The breach occurred between February 5th at 4:00 PM and February 6th 2:00 AM."

Total Amount Lost

The profit accumulated from the TANZANIA token is reported as $1.48m by LookOnChain.

The total amount lost has been estimated at $1,480,000 USD.

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

Mohammed Dewji later posted an announcement update on his X account:

"We apologize for the inconvenience caused by the breach of our X account. The situation is now under control, but we urge everyone to stay vigilant against scams and rely only on our official channels for accurate information."

"We sincerely apologize for the recent incident involving fraudulent posts impersonating Mr. Mohammed Dewji and attempting to scam individuals. These actions are entirely unacceptable, and we firmly condemn them.

This was a targeted hacking attempt where imposters posed as official platform support. The breach occurred between February 5th at 4:00 PM and February 6th 2:00 AM. Thanks to the swift response from X's management team, the issue has been resolved, and we have regained full control of the account.

We urge everyone to stay vigilant and prioritize cybersecurity. Be cautious of phishing links and always verify the authenticity of messages.

We truly appreciate your support and understanding during this time. Ensuring the security and integrity of our platforms remains a top priority."

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.