August 12, 2022

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How crypto developer Ian Macalinao posed as 11 independent devs and created a web of DeFi protocols that temporarily inflated the total value locked on Solana (CoinDesk)

CoinDesk:
How crypto developer Ian Macalinao posed as 11 independent devs and created a web of DeFi protocols that temporarily inflated the total value locked on Solana  —  The Macalinao brothers used a web of bogus identities to create the illusion of a dev community, juicing value on the Saber protocol and Solana blockchain.