Who brought in whom, what was promised, and what the chain recorded
◈ Documented case
A single real case. Every on-chain step below carries a transaction you can open and check yourself, and the screenshots are the originals.
Chain
Robinhood Chain
Cost
The entire float, and every buyer who arrived after 20:22
Span
1 September 2026, 20:22:53 to 21:56:25 UTC
Steps
13
AGI HORSY opened at 20:22:53 UTC on 1 September 2026 and was finished at 21:56:25 UTC. Seventy-one minutes before the end, the public room was told marketing was being lined up. Nine minutes and thirty-six seconds before it, the operator wrote that the plan was to push the price up. In between, 72% of the supply was sold in seven minutes by wallets that had bought it earlier the same hour. Every step below carries a transaction you can open, or the writer’s own words with the moment they were sent.
How it ranTop to bottom, in order
01
Before the launch
Three parties, in a line
The arrangement behind this launch ran through three people, and each one only dealt with the next. A coordinator held the agreement and brought in the operator. The operator ran the launch and chose the market maker — the coordinator later said plainly that the desk was not his pick. The desk itself confirmed who its client was and what the coordinator was: a middleman, not a principal. That line matters, because the money came back down it in the opposite direction and stopped one link short.
❝ Quoted verbatim
Ghost (market maker)
I do bizdev @ ghost mm. We have worked with Jesper
8 September 2026, 15:02:25 UTC
The market maker’s business development lead, asked who he was and who he worked with · Telegram direct message, export message #681❝ Quoted verbatim
Ghost (market maker)
But seems like he’s just the coordinator
8 September 2026, 15:29:03 UTC
The same desk, on the coordinator’s role · Telegram direct message, export message #769
The tellA chain like this is the point, not an accident. Everyone can truthfully say they only spoke to the next person along, and nobody is holding the whole thing — right up to the moment the money has to travel back.
02
17:02 UTC
The operator sets the clock
On the afternoon of the launch the operator announces the time, controls when the announcement goes out, and controls when anyone else is allowed to start telling people. Nobody in the room launches anything; they wait for him.
❝ Quoted verbatim
@Jesperscooks
Soon as we announce in group then we’ll start letting peps know
1 September 2026, 17:06:37 UTC
The operator, in the team room · Telegram group AGI HORSY, export message #601◇ ScreenshotThe team room that afternoon: the launch window, the announcement, and who is waiting on whom. Phone clock runs UTC+1.
The tellWhoever owns the timing owns the launch. Three delays had already moved this one, and each delay was absorbed by everybody else.
03
17:33 – 17:40 UTC
He hands out the keys to the room, and takes his own back
Forty minutes before the announcement the operator reorganises who holds admin in the public room. He asks for admin to be taken from one person, given to another he names, and asks to be removed as admin himself — "he will do the rest". He also says, in passing, who brought the room’s moderator in: the coordinator.
❝ Quoted verbatim
@Jesperscooks
Edu brought jing on tbh I just need to keep active in main chat
1 September 2026, 17:34:52 UTC
The operator, on who brought in the room moderator · Telegram direct message, export message #789267◇ ScreenshotThe access being moved around, in his own words, in the hour before launch. Phone clock runs UTC+1.
The tellAsking to be removed as admin reads as modesty. It also means the room that is about to fill with buyers has his people in it and not his name on it.
04
20:22:53 UTC
One block, one billion, twenty-seven wallets
The token is created and distributed in the same block, 52001210. One billion HORSY leaves the launch contract in a single transaction and lands in twenty-seven wallets — twenty-six of them receiving exactly 27,472,527 tokens each, one receiving 285,714,286, and 204,081,633 going to the pool. Identical amounts to the token are not a market. They are one spreadsheet.
◈ On-chain
The mint and the split, one transaction, block 52001210. The explorer renders the time as 23:49 local (UTC+2); the chain stores 20:22:53 UTC.
◇ ScreenshotThe transaction as the public explorer shows it, captured 12 September 2026
The tellTwenty-six wallets to the token is the tell, and it is visible in the first block — before any chart exists to argue about. Anyone could have seen this at 20:23.
05
20:22 – 20:52 UTC
The float is washed into fresh wallets
In the first four minutes the launch wallets sell 324,859,235 tokens to 75 addresses that had no prior balance. Between minute 16 and minute 30 they sell another 542,402,551 to 115 more. Each buyer buys roughly what the seller sells, in the same minute. At 20:52:22 — twenty-nine and a half minutes after the first block — the original wallets hold under 1% of what they started with. The supply has not left; it has changed its clothes.
◈ On-chain
All 1,469 transfers were read directly from the public Robinhood Chain RPC (rpc.mainnet.chain.robinhood.com, chain 4663). The waves above are that log, grouped by minute.
The tellThis is the step that makes a holder chart look healthy. After it, a bubble map shows two hundred unrelated wallets instead of twenty-seven identical ones — and nothing on the surface says they are the same tokens.
06
20:23 – 20:38 UTC
The room is told marketing is being lined up
One minute after the first block the contract address is posted into a 25-person room. Fifteen minutes later, with the token showing a market cap of $111K and $27K of liquidity, an admin posts: "Updated. Getting some marketing lined up." That is seventy-one minutes before 72% of the supply is sold. No marketing followed.
◇ ScreenshotThe public room at launch: the contract, the price card, and the promise of marketing. Phone clock runs UTC+1, so 21:38 on screen is 20:38 UTC.
The tellThis is the sentence that costs people money. Not a price prediction, not a promise of returns — just an ordinary operational note that tells a room a future exists. It was written while the supply was already being moved.
07
21:01:34 UTC
“wash done bro”, and the desk still holds 69%
Asked directly when the wallet washing would be finished, the operator answers that it is done. The chain agrees: nine minutes earlier the launch wallets had emptied out. At almost the same moment the trading desk’s own bot reports the position to the coordinator — 69.1% of supply still held, worth $44.4K at a $64.2K market cap — alongside the operator’s reassurance that things are fine and he is working on it.
❝ Quoted verbatim
@Jesperscooks
wash done bro
1 September 2026, 21:01:34 UTC
The operator, on the state of the wallets · Telegram direct message, export message #789792◇ ScreenshotThe trading desk’s own bot, forwarded to the coordinator: 69.1% of supply held, $44.4K, with "we good" and "working on it" underneath
The tellHold these two together. The position is still almost entirely intact and in known hands at this point — which means what happens at 21:49 is not a crowd losing its nerve.
08
21:26:12 UTC
The price falls, and the explanation is an admission
An hour in, the chart is well below where trading opened. Asked who could possibly be selling at a market cap that was bundled to the top, the operator does not say snipers and does not say the market. He says they were recovering what they put in — and adds that this is how it works.
❝ Quoted verbatim
@Jesperscooks
we tried to recoup intials sir thats why
1 September 2026, 21:26:12 UTC
The operator, asked who was selling into the opening · Telegram direct message, export message #789816◇ ScreenshotThe exchange in full: "wash done bro" at 22:01 and "we tried to recoup intials sir thats why" at 22:26 on the phone clock — 21:01 and 21:26 UTC◇ ScreenshotThe market maker’s own dashboard for this token, still reachable on 12 September 2026: the opening spike, the slide, and the cliff at the end of the evening
The tell"Recouping initials" in the first hour is selling into the people you asked to arrive. It is said here as a routine operational step, twenty-three minutes after a public room was told marketing was coming.
09
21:39:47 UTC
“well run it up”
Ten minutes before the end, with the token already down and questions being asked, the operator says the plan is to push the price up. It is the last thing he says before the selling starts.
❝ Quoted verbatim
@Jesperscooks
well run it up
1 September 2026, 21:39:47 UTC
The operator, nine minutes and thirty-six seconds before the first sale of the final wave · Telegram direct message, export message #789850
The tellThe gap between this sentence and the first transaction of the next step is nine minutes and thirty-six seconds. That gap is the whole case: it is too short for this to have been an honest forecast that aged badly.
10
21:49:23 – 21:56:25 UTC
Seventy-two percent of the supply leaves in seven minutes
In 125 transactions from 123 different wallets, 721,723,770 tokens — 72.2% of everything that exists — are sold into the pool. None of the 123 are the original launch wallets. 117 of them, 95%, are wallets that bought during the wash in step 05. The tokens that were moved out of the bundle at 20:30 came back through the front door at 21:50, and the people who bought in between were on the other side of it.
◇ ScreenshotThe first transaction of the wave in the public explorer, captured 12 September 2026◇ ScreenshotThe last transaction of the wave, seven minutes later
The tellA hundred and twenty-three wallets do not decide anything within seven minutes. The count is high because the supply was split in step 05, not because a hundred and twenty-three people reached the same conclusion at once.
11
Who gave the order
The desk says it followed instructions
Asked a week later why the token was sold off within half an hour of launching, the market maker does not claim it was their strategy. They say they followed orders, and that their own recommendations are routinely ignored by the teams that hire them. Their client, by their own account, was the operator.
❝ Quoted verbatim
Ghost (market maker)
We just followed orders
8 September 2026, 15:28:04 UTC
The market maker, asked why the position was sold off · Telegram direct message, export message #758❝ Quoted verbatim
Ghost (market maker)
Obviously we give our recommendations
8 September 2026, 15:28:12 UTC
The same desk, immediately afterwards · Telegram direct message, export message #759
The tellA desk that executes is not the same as a desk that decides. This one says out loud which of the two it was — and that answer points back up the chain in step 01.
12
2 – 9 September
The denial, and the numbers that do not meet
Afterwards the operator tells the coordinator there was no profit, only a loss, and the coordinator reports getting his own money back minus $200. The market maker’s own dashboard for the same token reports its wallets bought $2.4K and sold $16K — a PnL of +$13.6K, with the desk’s own caveat that this figure is sell-minus-buy volume and excludes the bundle and the initial purchase. The token itself now has 26 holders; 90.91% of supply sits back in the pool contract and the largest wallet that is not a contract holds 0.25%. Not one of the 123 sellers still holds 1%. The website and the X account are both still up.
◇ ScreenshotHolders on 12 September 2026: 26 in total, largest non-contract holder 0.25%◇ ScreenshotThe project website, still live on 12 September 2026◇ ScreenshotThe project X account, still live on 12 September 2026
The tellThe site and the account outlive the token on purpose. They cost nothing to keep, and an account with history is the most valuable thing an operator owns going into the next launch.
13
5 September
“im not a rugger” — sent next to his own message saying otherwise
Four days after the launch the operator writes that he does not like upsetting people and that he is not a rugger. He is answered with a screenshot of his own messages from the night itself — "send me tx", "sir", "well run it up" — sent minutes before the supply was sold. He has not disputed that those messages are his.
❝ Quoted verbatim
@Jesperscooks
i dont like upsetting peps and im not a rugger so if you lost im happy to pay you back g
5 September 2026, 16:24:14 UTC
The operator, four days after the launch · Telegram direct message, export message #790451◇ ScreenshotThe denial and his own words from the night of the launch, in the same thread. Phone clock runs UTC+1.
The tellDenials are cheap and they are also checkable. Weigh this one against steps 09 and 10 — the same person, the same evening, forty minutes apart. Nothing on this page rests on what he says now; it rests on what he wrote then and on what the chain recorded.
How it ended
And what it teaches
The token is dead and the float never came back. This page is published as a warning and nothing else: it states what the chain records and what people wrote, and it does not claim to know anyone’s intent, does not allege any criminal offence, and is not a finding by any court or authority. Every transaction above can be opened and checked. If anything here is wrong, tell us and we will correct it on this page.
◈Ask who is holding the agreement, who appointed the operator, and who chose the desk — before launch, in writing. When those are three different people who each only talk to the next, nobody is accountable for the whole.
◈Twenty-six wallets receiving the same amount in the first block is visible before any chart exists. It is the cheapest check there is, and it is the one almost nobody runs.
◈A clean holder chart an hour after launch is not evidence of a clean launch. Ask when those wallets were funded, not how many there are.
◈"Getting some marketing lined up" is a claim with a deadline attached. Write down when it was said and check it the next day; here there was no next day.
◈Match every sentence against a timestamp. "Well run it up" nine minutes before the selling starts is not a forecast that went wrong.
◈A denial after the fact is worth exactly as much as the record it has to survive. Date every claim at the moment it was made, and the two will not line up.
