DWF Labs sent funds to LADYS development team

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May 28, 15:00

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DWF Labs sent funds to LADYS development team

Related addresses

DWF Labs 0x53c

LADYS dev team

Total tokens transferred

USDT

Related transactions

DWF Labs 0x53c

LADYS dev team

May 28, 14:56

DWF Labs just sent 5M USDT to wallet 0xeff related to the LADYS development team, probably as part of an OTC:

transaction: 0x058a6ebbf5fbade00fcf02ef82a890599e100a5ab458ad7a7ca1cf91724552e8
DWF address: 0x53c902A9EF069F3b85e5e71f918C4D582F3063Fa
This address belongs to the entity DWF Labs

LADYS developer address: 0xeffbf8efec0d5bc9680a5db41bd3eb9f2b248598

Notably:

The wallet 0xeffb appears to be the official wallet of the LADYS team as it minted 834,720B LADYS in May 2023.
The USDT transfer came after Andrei Grachev (@ag_dwf), the head of DWF Labs, tweeted on X (formerly Twitter) that they were "in talks with a few meme coins and willing to deploy a large amount of funds" to help grow the projects.

Fig 1. DWF Labs sent 5M USDT to LADYS development team's alleged wallet 0xeff.

Fig 2. The tweet about memecoin talks by the head of DWF Labs, Andrei Grachev (

#dwf labs

#usdt

#ladys

#transfer

#memecoin

#fund

#investor

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