MarioNawfal on X (MARIO)

If you know @MarioNawfal, you know he's considered one of the most notorious scammers in the crypto space.

It's hard to list all the scams he allegedly ran over the last 3 years, but here's what I found, oldest to newest:

1️⃣ Warming up (2015)

Before crypto, Mario ran Froothie, an online kitchen appliance seller.

Australian regulators fined the company $10,800 for misleading sale prices. Juicero sued for IP infringement.

Classic warmup.

2️⃣ IBC Group (2017 to 2021)

Mario founded IBC Group in 2017. Former insiders described its playbook:

• Help projects launch tokens
• Push them to his audience
• Take allocation instead of cash fees
• Dump at the peak

On stream, he admitted selling a project's tokens right after promoting them because it wasn't on his do-not-sell list.

NFT Tech, his listed company, ran a tighter version. Former employees say it funded projects that paid IBC, while IBC billed NFT Tech on top.

Basically, he was paying himself with his own company's money.

3️⃣ The federal inquiry (202

Snipers have 2.8% of $Mario (CA cexLpyPDpR8bPd7rj4YpJuUEujCgiF5ui83ieTbpump) supply, insiders have 17.1%, team holds 10.8% per devsnightmare. xansey, Bush_Wookie, getinthebin.sol are top holders.

Bubblemap is 3h old and shows a 19.3% cluster. Faster100x is up to date and shows a 6.5% cluster and a 5.5% cluster.

Top 70 holders have 92.8%, top 10 have 30.7%, 305 holders with an average bag at $730 (high). Nfa