Banana Gun🍌🔫 – Holding Ethereum Hostage
How the $Banana Team may be Siphoning off Millions from its Users and Ethereum Validators
Between its launch in late May 2023 till October 2023, Banana Gun Bot built an economic moat by encouraging a high bribe culture amongst its users – if you wanted to snipe on Ethereum, you had to use Banana. When this ‘edge’ became status quo, the Banana Gun Team contracted an Exclusive Order Flow arrangement with Titan Builder which allows these actors to retain Millions of Dollars of ETH that Banana Gun pay in their bribe bundles, instead of paying the same forward to Ethereum Validators, or distributing them to $BANANA holders.
For more, depending upon your attention span, read one of the two links below.
(They say the same thing, for the most part)
Insane thread, i love it. Been thinking about Banana’s involvement with bribery.