Trader YokaiCapital said on Sept. 21 that multiple projects, KOL accounts and trading platforms in the Solana meme ecosystem may be tied to bundled trading, fake wallets and trade manipulation. The post named accounts including Frank DeGods, Shadow, theunipcs and blknoiz06, and claimed that tokens such as TROLL, ANSEM and CATE showed signs of large numbers of bundled wallets or holders with no real ownership. YokaiCapital also alleged that some KOLs used those tokens and fake accounts to manufacture trading activity.
The post went on to question the FOMO leaderboard, saying it contained many fake identities and fake PnL records, with some wallets possibly linked to bundled tokens. It also criticized wallet-tracking and Bubble Maps data shown by Axiom and Pump.fun, and urged users to verify wallet relationships on-chain through tools such as Solscan. YokaiCapital further raised accusations related to Axiom’s data privacy and project listing fees, while also saying that the trader had personally participated in some projects in the past and had taken losses.
BlockBeats noted that all of these claims reflect YokaiCapital’s own allegations and views. The original post did not provide enough evidence to independently verify all of the accusations, and whether the named projects, platforms and accounts engaged in the alleged conduct remains unconfirmed.
BlockBeats reported on Sept. 21 that trader YokaiCapital published a post accusing multiple projects, KOLs and trading platforms in the Solana meme ecosystem of problematic practices, including bundled trading, fake wallets and trade manipulation. The post named accounts such as Frank DeGods, Shadow, theunipcs and blknoiz06.
According to YokaiCapital, tokens including TROLL, ANSEM and CATE showed signs of large numbers of bundled wallets or what the trader described as holders with no real ownership. The post also alleged that some KOLs used those tokens and fake accounts to create trading buzz.
YokaiCapital also claimed that the FOMO leaderboard contained many fake identities and fake PnL records, and said some wallets may be connected to bundled tokens. On Axiom and Pump.fun, the trader said parts of the wallet-tracking and Bubble Maps data shown to users were problematic, and suggested that users check wallet links on-chain through tools such as Solscan.
The post also included accusations related to Axiom’s data privacy and project display fees. YokaiCapital said the trader had also participated in some projects in the past and acknowledged losses tied to those activities.
YokaiCapital ended by advising users not to blindly follow wallets or KOLs recommended by platforms, and instead build their own on-chain analysis tools to identify real traders and capital flows.
BlockBeats said the claims were solely YokaiCapital’s allegations and opinions. The original post did not provide enough evidence to independently verify all of the accusations, and whether the named projects, platforms and accounts were involved in the alleged conduct still requires further verification.
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