Shedding Light on Suspicious Transactions: A Closer Look at @ginabot’s Wallet Activity
Shedding Light on Suspicious Transactions: A Closer Look at @ginabot’s Wallet Activity
In the Hive blockchain ecosystem, transparency is key to maintaining trust and integrity. However, some accounts exploit the system for personal gain, undermining the community's hard work. Recently, our team at Bilpcoin flagged the account @ginabot due to suspicious activity linked to known scammers and farmers. To ensure full transparency, we’ve compiled a detailed breakdown of its transactions in a spreadsheet format so everyone can see the data for themselves.
You can also view the wallet activity directly via PeakD: @ginabot Wallet Transactions.
Why We’re Investigating @ginabot
Our investigation into @ginabot was prompted by several red flags:
- Links to Known Scammers: Several accounts interacting with @ginabot have been identified as part of scamming or farming schemes. These activities harm legitimate users and dilute the value of rewards on Hive.
- Unusual Withdrawal Patterns: The account has consistently withdrawn vesting shares (HIVE Power) over time, often sending funds to other accounts associated with exploitative behavior.
- Exploitation of Downvote Mechanisms: Some interactions suggest involvement in coordinated downvoting campaigns—a tactic used by whales to suppress content creators unfairly.
At Bilpcoin, we believe it’s crucial to expose such practices and protect the Hive community from abuse.
Transaction Breakdown: Spreadsheet Overview
Below is an example of how the transactions were organized into a spreadsheet for easy analysis. You can replicate this structure to track any account’s activity.
| Date | Type of Transaction | From Account | To Account | Amount | Memo/Notes |
|---|---|---|---|---|---|
| Oct 1, 2024 | Withdraw Vesting | @ginabot | @buildteam | 9.585 HIVE | Regular withdrawal pattern |
| Sep 24, 2024 | Withdraw Vesting | @ginabot | @buildteam | 9.579 HIVE | Linked to farming operations? |
| Jul 5, 2024 | Transfer From Savings | @ginabot | @ginabot | 0.014 HIVE | Internal transfer |
| Feb 26, 2024 | Received | @ngwinndave | @ginabot | 0.001 HIVE | Known scammer flagged |
| Dec 29, 2023 | Sent | @ginabot | @dbuzz | 0.003 HIVE | Memo mismatch error |
| Aug 11, 2022 | Transfer To Savings | @big-elite | @ginabot | 0.001 HIVE | Repeated "MEMO does not match" errors |
Note: This table represents only a small sample of the transactions. For a complete list, please refer to @ginabot’s wallet.
Key Observations
- Consistent Withdrawals to @buildteam: Over multiple dates, @ginabot withdrew vesting shares totaling nearly 100 HIVE, all directed to @buildteam—an account previously flagged for questionable activities.
- Frequent Errors in Memos: Many transfers resulted in “MEMO does not match” errors, which could indicate attempts to bypass security checks or mislead recipients.
- Small but Frequent Transfers: While individual amounts may seem insignificant (e.g., 0.001 HIVE), these add up over time and are consistent with farming tactics designed to manipulate reward pools.
What Can the Community Do?
The fight against abuse requires collective effort. Here’s what you can do:
- Monitor Wallets: Use tools like PeakD to track suspicious accounts and report them to moderators.
- Vote Wisely: Support witnesses and proposals that prioritize fairness and transparency on Hive.
- Raise Awareness: Share findings like this post to educate others about potential threats within the ecosystem.
Final Thoughts
At Bilpcoin, we remain committed to exposing bad actors who exploit Hive and its community members. Accounts like @ginabot highlight the need for vigilance and proactive measures to combat abuse. Together, we can put an end to malicious downvotes, scams, and farming schemes that threaten the future of Hive.
Let’s stand united in protecting the platform we love.
For more updates on flagged accounts and investigations, follow us here on Bilpcoin!
#HiveBlockchain #Transparency #StopScammers #CommunityFirst
Uncovering the Buildawhale Scam Farm: A Call for Transparency on Hive Blockchain
The Hive blockchain has long been a platform for innovation, community-driven projects, and decentralized governance. However, as with any ecosystem, there are challenges that need to be addressed to ensure fairness and sustainability. One such issue is the ongoing operation of accounts like @theycallmemarky, which appear to be part of the notorious Buildawhale scam farm.
For those unfamiliar, Buildawhale is an account that has been flagged by the community for engaging in manipulative practices, including vote farming and exploiting the reward system to unfairly benefit certain users. These activities undermine the integrity of the Hive ecosystem and harm honest creators who rely on the platform for fair compensation.
Why Is Nothing Being Done?
We have repeatedly exposed the Buildawhale scam farm, yet no decisive action has been taken to stop it. This raises serious concerns about accountability within the Hive ecosystem. How can we, as a community, allow one person or group to exploit the system without consequences? The longer this continues, the more damage it does to Hive's reputation and its ability to attract new users and investors.
At Bilpcoin, we stand firmly against such exploitative practices. We believe in transparency, fairness, and holding bad actors accountable. That’s why we’re shedding light on these transactions and calling for immediate action from the Hive community and leadership.
Transactions Overview: Dive Into the Data
To provide full transparency, we’ve compiled a detailed spreadsheet of transactions associated with the @theycallmemarky account. Below is a snapshot of the data included in the spreadsheet:
| Date | Transaction Type | Amount (HIVE/HBD) | From Account | To Account | Notes |
|---|---|---|---|---|---|
| Jan 12, 2025 | Withdraw Vesting | 0.728 HIVE | @theycallmemarky | @ipromote | Regular withdrawal pattern observed |
| Oct 17, 2024 | Sent | -9.202 HIVE | @ipromote | Large transfer linked to power-down | |
| May 22, 2024 | Claim Rewards | 2.534 HBD, 8.264 HP | Rewards claimed post-power down | ||
| Feb 27, 2023 | Withdraw Vesting | 0.007 HIVE | @theycallmemarky | @ipromote | Consistent micro-withdrawals |
| Nov 27, 2021 | Set Withdraw Vesting Route | N/A | @theycallmemarky | @ipromote | Auto vest set to false; percent: 10000 |
| Aug 28, 2020 | Transfer to Vesting Completed | 5.001 HIVE | @theycallmemarky | @theycallmemarky | Powered up 5.001 HP |
You can view the complete list of transactions here: @theycallmemarky Wallet Transactions
The Impact of Inaction
Allowing accounts like @theycallmemarky to operate unchecked sends a dangerous message to the Hive community. It suggests that exploitation of the system will go unpunished, discouraging honest participation and fostering distrust among users.
This isn’t just about one account—it’s about setting a precedent. If we don’t address this now, what stops others from following suit? The Hive blockchain thrives on collaboration and mutual respect, but these values are at risk if we fail to act.
What Can Be Done?
Community Awareness: Share this post and spread awareness about the Buildawhale scam farm. Knowledge is power, and together, we can demand change.
Flagging Exploitative Content: Use your voting power wisely. Flag content and accounts involved in manipulative practices to reduce their influence.
Engage with Witnesses: Reach out to Hive witnesses and encourage them to take a stand against exploitative behavior. Witnesses play a crucial role in maintaining the health of the blockchain.
Support Honest Projects: Back initiatives like Bilpcoin that prioritize truth, fairness, and transparency. Together, we can build a stronger, more resilient Hive ecosystem.
Final Thoughts
The Hive blockchain has immense potential, but it requires vigilance and collective effort to protect its future. Accounts like @theycallmemarky and schemes like the Buildawhale scam farm threaten the very foundation of our community.
At Bilpcoin, we refuse to back down. We will continue fighting for truth and justice on Hive because we believe in a better future for all users. Join us in demanding accountability and taking a stand against exploitation. Let’s work together to ensure that Hive remains a beacon of decentralization and fairness.
Spread the Word:
🔗 View Full Transactions: @theycallmemarky Wallet Transactions
💬 Discuss This Issue: #HiveTransparency #StopBuildawhale
Let’s make Hive stronger—together! 🚀
https://hive.blog/hive-167922/@bpcvoter2/seo-breakdown-of-all-transactions-for-theycallmemarky
https://hive.blog/hive-140084/@bpcvoter1/power-in-pause-keni-bpc-ai-music
https://hive.blog/hive-133987/@bilpcoinbpc/comprehensive-analysis-of-punkteam-s-wallet-transactions
https://hive.blog/hive-167922/@bpcvoter1/dear-jacobtothe
https://peakd.com/hive-167922/@bpcvoter1/dear-jacobtothe
Posted using Bilpcoin