The “Numbers Go Up” game or intentional fraud?

A story about fake devs, forgotten projects launched with @clanker, @proxystudio.eth and how someone may be making thousands of dollars monthly on Farcaster using fake accounts

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I'm the whitehat who "hacked" $JACKPOT. The founder was incredibly rude when I tried to disclose that the private key of the admin account was published in the frontend where anyone could find it with "inspect source".

When I iterated that the vulnerability was critical and could drain the entire contract he told me to "go ahead and do it". 

So I did.

That got his attention and he was very apologetic. I sent everything back as soon as he was able to confirm control of the deployer account. I took screenshots of all interactions except the first rude messages because he deleted them before I could.

For the record I don't think it was a scam. I think he was just trying to build something that got hype but using a completely inexperienced dev to do it. And then so inundated with spam that he couldn't distinguish a real security disclosure. Whether the plan was to rug afterwards is anyone's guess but I don't know if assumption of guilt is correct here.

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