flowscam

$FLOW On February 22, 2023, the Southern District of New York denied a motion to dismiss (the Motion) by blockchain company Dapper Labs and its (Scammer) CEO Roham Gharegozlou.

Dapper Labs is behind the “NBA Top Shot Moments” (Moments) Non-Fungible Token (NFT) collection and also controls the private Flow blockchain network, on which the NFT transactions occur via the exclusive FLOW tokens..

$4 Million Settlement (2024-2026): In June 2024, Dapper Labs agreed to a $4 million settlement to resolve the class-action lawsuit alleging that NBA Top Shot Moments were unregistered securities. The settlement received final approval in October 2024, and distribution of funds to eligible claimants (those who purchased moments between June 15, 2020, and December 27, 2021) was underway by early 2026.

Separate Privacy Settlement (2025): A separate class-action lawsuit regarding data sharing with Facebook (Meta) settled for $7.05 million in 2025, with claims due by December 2025.

Now The dramatic collapse of a token from a peak of approximately $45.00 to $0.037—a decline of over 99.9%—typically triggers severe legal scrutiny under securities and consumer protection laws.

Regulators like the SEC may charge issuers for selling "investment contracts" without proper registration. Which Can lead to Fine Between 50 million to 100 million dollars.

Fraud Charges: Intentionally inflating a token's price to sell off ("dump") holdings can lead to criminal charges for wire fraud or securities fraud.

Civil Liability: Investors can file lawsuits for "artificial support" of the market, a claim previously seen in litigation against Dapper Labs.

Developers may face charges of criminal breach of trust if they misappropriate ecosystem funds or fail to protect the network from known vulnerabilities.

Remediation Negligence: Following the December 2025 exploit that contributed to the price crash, any failure to protect user assets could lead to breach of fiduciary duty claims.

#WhenWillCLARITYActPass #StaySafeCryptoCommunity #FLOWscam #FLOWRUGGED

 

$FLOW

Flow Blockchain hack fallout is brutal. After the Dec 2025 exploit, $FLOW tanked from ~$0.15–0.17 to lows around $0.10 initially.

Exchanges kept it listed despite the collapse—no quick delistings.
Now it's rugged further to just $0.036 today.

Confidence is gone, liquidity dried up, and holders got wrecked. Monitoring Tag is Just For Fun 🫨

Exchanges: act fast before it's too late—delist or warn users properly when incidents like this hit.

Don't let slow response turn a hack into a slow death spiral. #FLOWRUGGED #crypto #ScamAlert🚨 #FLOWscam