Team other-protocol involvement history

Evidence summary #

Grachev has an adverse documented track record: 2015 Russian fraud conviction (suspended 3yr sentence, 5yr probation, 450k-ruble fine) for fake logistics/cargo theft scheme; multiple failed crypto ventures pre-DWF (Crypsis, Export.Online ICO with investor theft allegations); DWF Labs misconduct dismissal of co-founder Eugene Ng in 2024; DWF Labs pump-and-dump and wash-trading allegations. No confirmed rug-pull specifically linked to Falcon Finance or to Grachev directly.

Detail #

The Nation's investigative report (based on Russian court records and investor testimonies) documents: (1) April 2015 Moscow court conviction for cargo theft via fake logistics firm; (2) Crypsis Blockchain Holding launched while on probation, promising 2,000% returns; (3) Export.Online ICO where St. Petersburg investors accused him of stealing 10M rubles; (4) Shoptimizer and B2B United Trade as additional failed ventures. DWF Labs reputation flags: former Binance employee accusations of wash trading; Rolling Stone reporting on DWF's involvement with politically sensitive WLFI tokens; Protos documenting the dual market-maker/protocol-founder conflict.

Sources #

Methodology #

Document current or prior protocol roles for team members (conflicts of interest, prior rugs, prior successful launches).

See the full factor methodology and distribution across all protocols →