Clever DeFi or the history of scam for millions of dollars

Earlier, a few months ago, we posted a video called "Australian project CLEVER is DeFi or Investment Fraud?" (https://www.youtube.com/watch?v=JxBvi28ahm4), in which we talked about the Australian project Clever DeFi. Then we told why this project cannot be related to the concept of decentralized finance (DeFi) - this project does not have any financial instrument, except for a smart contract for the decentralized creation of an additional emission of tokens and the distribution of these tokens to addresses for existing holders, in as a reward for keeping these tokens in your wallet. At the time, we also pointed out indications that this project was showing signs of possible investment or financial fraud. And also, we talked about the old sins of the creator of this project - Mr. Bryan Legend, whose real name is Bryan Seiler. Earlier, Bryan Seiler was repeatedly suspected of manipulating the prices of tokens of his previous projects, and also, former users of previous projects, suspected him of a collapse in prices for tokens of these projects, as well as suspected him of other fraudulent activities. Among the previous projects of Mr. Bryan Seiler, there were the following projects: the TAGZ cryptocurrency exchange, from which not all users were able to withdraw their funds, before the official closing date of this exchange; the Fitrova crypto project, whose token price received a tremendous collapse and the users of this project blamed Mr. Bryan Seiler for this price collapse; digital marketing agency Twilx Web Solutions, which collapsed for no reason. All of this was in our previous video about the Clever DeFi project when we talked about the risks associated with this project.
Then our warning of significant risks was not taken seriously and many users of the Clever DeFi project continued to believe in Mr.Bryan Legend (his real name is Bryan Seiler), as a result of which, now these people have lost almost all their money that they invested in the purchase CLVA tokens owned by the Clever DeFi project. And Mr. Bryan Seiler, who now calls himself Bryan Legend, has become richer by several million dollars.
How did it happen that Mr. Bryan Seiler again managed to manipulate the token market belonging to his new Clever DeFi project and make millions of dollars by dumping these tokens? How did it happen that in spite of the previous sins, Mr. Bryan Seiler (Mr. Bryan Legend) was able to siphon money from gullible users this time? Read about everything about this further in this article of ours.

CONTENT:
1. INTRODUCTORY PART
2. Official links of the Clever DeFi project
3. FALSE OPINION ON THE SUCCESS OF THE CLEVER DEFI PROJECT THROUGH AN ARTIFICIAL CLVA PRICE PUMP
4. FAKE INVESTORS IN THE CLEVER DEFI PROJECT AND FAKE CLVA HOLDERS
5.CANCELLATION OF LIQUIDITY ON UNISWAP EXCHANGE (This is a direct violation of the Clever DeFi Whitepaper)
6. SELLING A HUGE AMOUNT OF SECRET CLVA, which caused the price to drop to near zero
7. REFUSAL OF THE OWNER OF THE PROJECT Clever DeFi FROM FURTHER FINANCING OF THIS PROJECT
8. SUMMARY

So ... March 3, 2021, the CLVA token minting phase, which was officially conducted by the Clever DeFi project, ended for 30 days. As a result of this coinage, investors invested in the originally created CLVA tokens, 726.5 Ether. In total, about 340 thousand CLVA were created, which were bought by investors from the project, plus an additional minting of 153 thousand CLVA, which were intended to fill the pool of liquidity on the Uniswap exchange.
According to the Whitepaper, 45% of this collected 726.5 Ether, over the next 6 weeks, were to be directed to fill the pool of liquidity on the Uniswap exchange. The possibility of withdrawing funds from the pool, by Clever DeFi, was to be blocked for 12 months. Subsequently, the promise of filling the liquidity pool was solemnly fulfilled, which protected the price from high slippage and the possibility of a significant price dump.
Also, the Whitepaper says that 35% of the collected investments should be directed to marketing. Clever DeFi's profit will be only 0.1% of all subsequent additional CLVA token issues that occur every 2 weeks, in accordance with the programmed cycle.
The specificity of the Clever DeFi project has a significant feature: every 2 weeks there is an additional emission of CLVA tokens, after which they are automatically distributed to the addresses of already existing holders of these tokens, as a reward for keeping CLVA in their wallets. There is no other product other than this smart contract for the automatic creation and distribution of CLVA tokens for the Clever DeFi project, and no other product was ever planned. Therefore, with inflation of CLVA tokens, it is necessary to strengthen the demand for these tokens, and such demand can only be obtained by attracting new users to the project. Investors who bought CLVA tokens felt great hope for the promotion of the project (marketing), and marketing and advertising of the project was constantly promised by the owner of the Clever DeFi project, Mr. Bryan Legend. Marketing costs were clearly defined in the Whitepaper and were planned to be 35% of the investments received from the official sale of CLVA tokens, when they were originally minted, through the Clever DeFi official website.
Instead of marketing and advertising, Mr. Bryan Legend paid for only a few articles in the media. In these articles, he was introduced as the genius thinker behind the Clever DeFi project. More of these articles resembled an advertisement for the millionaire Bryan Legend than an advertisement for the Clever DeFi project. Perhaps for this reason, these articles, as expected, did not bring the desired effect on attracting new users - the number of CLVA token holders remained the same, while the circulating supply of CLVA tokens increased every 2 weeks.

Official links of the Clever DeFi project
https://clva.com/
https://clva.com/languages/Whitepaper_English.pdf
https://etherscan.io/token/0xc52e23194476b1dd39408cb0b9d935da8e6db3d6
https://t.me/cleverdefi
https://twitter.com/cleverdefi
https://www.facebook.com/cleverdefi
https://www.coingecko.com/en/coins/clever-defi

FALSE OPINION ON THE SUCCESS OF THE CLEVER DEFI PROJECT THROUGH AN ARTIFICIAL CLVA PRICE PUMP

Instead of marketing and advertising, Mr. Bryan Legend chose a different path - pumping the price of CLVA tokens. As we can see, the pump of the CLVA token price began 2 days after the posting of the first tranche to fill the liquidity pool on the Uniswap exchange - this can be seen on the price chart https://v2.info.uniswap.org/token/0xc52e23194476b1dd39408cb0b9d935da8e6db3d6.
For example, we will now take a look at several addresses that purchased CLVA tokens at the very beginning of the price pump. For example, the address is 0x728d4df8a328a637ca93127c0a227d4504e8c3d6. This address, at the very beginning of the price pump, bought several dozen CLVA:
https://etherscan.io/address/0x728d4df8a328a637ca93127c0a227d4504e8c3d6#tokentxns
After that, this address sold all the CLVA it had. Then he bought and sold again, that is, he traded in CLVA tokens. Ultimately, after 1 month, this address sold the rest of all its CLVA, and Ether received from the sale of CLVA were sent to another address - 0xc8b9D30E659D18977301034628422D66562fF4EF, which was simultaneously engaged in similar trading activities with CLVA tokens. The initial funding of Ether, which for both of these addresses, came from the smart contract address 0x941f40c2955ee09ba638409f67ef27c531fc055c (this address is multiservice and is intended to send Ether and ERC-20 tokens to several addresses), the funding of these two addresses occurred with a difference of 4 hours, which allows preliminary assume that the address 0x728d4df8a328a637ca93127c0a227d4504e8c3d6 and the address 0xc8b9D30E659D18977301034628422D66562fF4EF belong to the same person:
https://etherscan.io/address/0x728d4df8a328a637ca93127c0a227d4504e8c3d6#internaltx
https://etherscan.io/address/0xc8b9d30e659d18977301034628422d66562ff4ef#internaltx
After the address 0xc8b9D30E659D18977301034628422D66562fF4EF completed its trading activity and sold the remainder of all its CLVA, this address transferred all its Ethers that it received from the sale of CLVA, for another address - 0x4D896429Db8692c60bfa008ea98319B344d34Bd4, which also carried out the activity with CLV4 The address 0x4D896429Db8692c60bfa008ea98319B344d34Bd4 received its initial Ether funding also from the smart contract 0x941f40c2955ee09ba638409f67ef27c531fc055c, with a difference of 2 hours, in relation to the previous two addresses:
https://etherscan.io/address/0x4d896429db8692c60bfa008ea98319b344d34bd4#internaltx
Consider an example with a different address that made CLVA purchases at the start of the price pump. This is the address 0xa56F6F83601FBbaB89B1FEf2541bDd4e2c42577d. He carried out similar trading operations with CLVA tokens, as the previous 3 addresses that we indicated above. This address received initial Ether funding from smart contract 0x941f40c2955ee09ba638409f67ef27c531fc055c, as in the previous cases.
By examining closely the Ether funding transactions for these three specified addresses, we can see the addresses of the transactions from which they received their funding:
https://etherscan.io/tx/0x600c089ea9e898d21e9cda755dc35e601a4becbf305ca21f069ab6749715dcbe
https://etherscan.io/tx/0x43c85b086c264f391b9ec70a18411dcb4c7971c05f256d64a3dd877b10bb1703
https://etherscan.io/tx/0x75109831b03aa6bdd87c9ca2dcecbb32836d68955e76a30e50568949d8254f91
In the first of these transactions, the Ether funding source was the address 0x4249189dd1134952517f19ea0ccf5ccb5996a152, which allocated 1.528852 Ether between 8 addresses, which include, among other things, the address 0x728d4df8a328a637ca93127c0a227d4504e8c3d6. The others of the 7 addresses that received Ether funding from 0x4249189dd1134952517f19ea0ccf5ccb5996a152, through the smart contract 0x941f40c2955ee09ba638409f67ef27c531fc055c, also carried out the CLVA trade, which we described above.
In the second transaction, the Ether funding source was the address 0xc74a7912c228d3f671e5973d45f16230a32c5478, which allocated 1.36518 Ether to 5 addresses, including the address 0x4D896429Db8692c60bfa008ea98319B344d34Bd4. The others of the 4 addresses that received Ether funding from 0x4249189dd1134952517f19ea0ccf5ccb5996a152, through the smart contract 0x941f40c2955ee09ba638409f67ef27c531fc055c, also carried out the CLVA trade, which we described above.
In the third transaction, the Ether funding source was also the address 0x4d896429db8692c60bfa008ea98319b344d34bd4, which distributed 1.01538 Ether to 5 addresses, which also began to cheat the CLVA price and trade volume.
Both the address 0x4249189dd1134952517f19ea0ccf5ccb5996a152, and the address 0xc74a7912c228d3f671e5973d45f16230a32c5478, and the address 0x4d896429db8692c60bfa008ea98319b344d34bd4  they also took part in a parallel CLVA similar trade, which led to an artificial increase in the price for the CLVA token, and in parallel with 14 other addresses that they funded.
Then everything was repeated - the remainder of Ether after the final sale of CLVA was transferred to other addresses that participated in the price pump and artificial increase in the trading volume. These are not the only addresses that have participated in the price pump. If you study Etherscan for the CLVA token smart contract, 0xc52e23194476b1dd39408cb0b9d935da8e6db3d6, and it is the DEX section, you will notice that there are quite a lot of such addresses. All of this suggests that an artificial manipulation of the CLVA market and price has been created so that users have more faith in the project and buy as many CLVA tokens as possible at an inflated price.
The number of addresses that were used to simulate interest in the CLVA token from users (fictitious user addresses that, in fact, belong to one person - Bryan Legend) is much higher. After spending just a couple of minutes searching, we immediately found at least 20 such addresses: 0xc74A7912C228d3F671E5973D45F16230A32C5478, 0x728d4df8a328a637ca93127c0a227d4504e8c3d6, 0x10138Bc21E40516612948e4055c470699c5e6CdA, 0x17872febeC3f55191091344c954714B2869C6821, 0x4D896429Db8692c60bfa008ea98319B344d34Bd4, 0x2B7CD63b09C1Ad4Aa6904c628c1F085940a10d38, 0xc8b9D30E659D18977301034628422D66562fF4EF, 0x8B31E917297d26f7C171092744339093D333e64F, 0xbb6e6f9915d6ade8ede0cdd324255b7cc1eccd72, 0x4249189dd1134952517f19ea0ccf5ccb5996a152, 0x54d63caf748883f8a370124754ecea1fc4a48b8b, 0x40b82da3cc4da59f953522c9231e398d9da1079e, 0x8ac8d8cd5d5359380c05cdb6481b07307be72465, 0xa56f6f83601fbbab89b1fef2541bdd4e2c42577d, 0x6912a066c39ff50cd176547b951b027a06c7ba8c, 0x976a101a7cafc4c1cfe98ec46140c300c8255b0a, 0x90d6b4eb33d800eb0671613f298d094adc7cb1c0, 0xdab9cfc2e6c56a0701f50f06229c13153f89b6f9, 0x5dbeb8d043ca8c7075797591f4e75831355127e6, 0xf1a73724c878f4febecc24b39e24e86b6369f579.
I'm afraid that if you spend extra time looking for addresses that participated in the CLVA price pump, and also received Ether funding from the same central sources (addresses), then this list of addresses could be increased several times.
We can all guess who these addresses belong to. But guessing is one thing, facts are another. So, one of these addresses that provided Ether for pumping prices is 0xc74a7912c228d3f671e5973d45f16230a32c5478. If we look closely at this address, we will see an incoming transaction:
https://etherscan.io/tx/0x1a1254683f9ac1bd7268037b3b791febbeecbd0b883abbe2a02b8d592cd3ce93
This transaction came from the TAGZ exchange. It is the TAGZ exchange that is one of the previous projects owned by Mr. Bryan Seiler, who now calls himself Bryan Legend and created the Clever DeFi project !!!
So we see that instead of running a marketing campaign and creating an advertisement for the Clever DeFi project, Mr. Bryan Legend implemented the CLVA price pump, which misled the users of this project and created a false impression of the project's success. Such actions are nothing more than manipulation of the market price, which in many countries of the world is equivalent to fraud. This is just the first violation by Bryan Seiler on his new Clever DeFi project.

FAKE INVESTORS IN THE CLEVER DEFI PROJECT AND FAKE CLVA HOLDERS

Now let's take a look at all of these 20 addresses that we originally picked for our CLVA price pump research, from a likely set of other similar addresses ...
If you examine these 20 addresses in detail, you can see that each of these addresses received its original CLVA part from the address 0x0000000000000000000000000000000000000000 (Black_Hole). This Black_Hole address was used for the initial minting of CLVA tokens for addresses that ordered (bought) CLVA tokens on the official Clever DeFi website. This means that there was an organized investment in the CLVA project from several addresses, which were funded by a pair of addresses linked to each other, and at the same time, at least one of the addresses was related to the TAGZ exchange, which was owned by Mr. Bryan Seiler.
Thus, the second violation (or rather, the very first, in time, violation) that Bryan Seiler performed in the Clever DeFi project is falsification of the number of real investors in this project who allegedly bought CLVA tokens during the initial minting. By creating the illusion of more project users interested in purchasing CLVA when initially minting these tokens, Bryan Seiler hoped to attract more investment in his project. Such falsification is also nothing more than a fraudulent activity.
In addition, if we look at the Etherscan smart contract for the CLVA token, in the Holders section, we can see that there are 3,232 holders of these tokens at this point. Taking a closer look at these holders, we see that nearly 2,500 holders have less than 1 CLVA. About 500 holders have more than 10 CLVA, while only 280 holders have more than 100 CLVA. Strange statistics, isn't it?

CANCELLATION OF LIQUIDITY ON UNISWAP EXCHANGE (This is a direct violation of the Clever DeFi Whitepaper)

The fall in the liquidity pool occurred on April 24, 2021 - this can be seen on the chart https://v2.info.uniswap.org/pair/0xac119171d4dcae3d0c9f4dd8d721be0093662252 . On that day, the CLVA liquidity pool on the Uniswap exchange was reduced by approximately $ 800,000.
This drop in liquidity was created by abnormal transactions:
1.
https://etherscan.io/tx/0x6e6069151a93d396048a1cbd03d82043f58688a173bb3afcb06d9c9f8c15da18 - large transaction, which was carried out by the address 0xe311d3d42528fa5ad87a2512402cbc2ea97a71b0
2.
https://etherscan.io/tx/0x6b97043a355e86522f1adb90ec22e94aeb21af0ccfcc2a54701e5ce7e93ed1d8 - a large transaction carried out with the address 0x4c23107437a5c816fe50cab4b0d3b1584fd02a01.
3.
https://etherscan.io/tx/0xffa8d304f3283cddc1a97a1dd04e5c37ce8e054eedf36fa22c13c254799b8dc2 - large transaction carried out with address 0xf619d3a3d8439403a61115107e568ce941fd81cd
4.
https://etherscan.io/tx/0xc6f39b84fa2a016a66bd723752c67a0557ede17dfb0fee81a8f037aa9261795c - a large transaction that was carried out with the address 0x7969b70bf6e9878c6d1b381522dfa864afd24013
5.
https://etherscan.io/tx/0x54b6eee96ed13e1e1f433ac6c0094a7eca6f2eb0a20218cdaeae46da3b270fbf - a large transaction that was carried out with the address 0x4270946cedff3bdd3d9e446bbeb732dd8e5f88a6
6.
https://etherscan.io/tx/0x0e9596fbb73d2a6e4fed86949b2ee5a01af2e4677777e503dc95b6fe61fec74b - a large transaction that was carried out with the address 0x78bceae75f857d3524e56bca39a9b9d68ba1b186
7.
https://etherscan.io/tx/0x3c1228b102989e6e2b9d938091fb7e0ad08ad8582bbaaa939e034aba794930ca - a large transaction that was carried out with the address 0x006f041e059d7cb8c3c2dcaaf2aef7b3f98cb935
8.
https://etherscan.io/tx/0x95a62cc0228b00d918beccf840c8f40fd6280a21e2bff639f81a8cdcb101d961- a large transaction that was carried out with the address 0x05d664ae1a0d11c2150971533c8322454e3a0c5f
9.
https://etherscan.io/tx/0x8c097692f01fe09c38bf9f0912cfea41775335979b9ca0a959f88ba274991683 - a large transaction that was carried out with the address 0x7aa69d9d2cb913758708a2c40e7796b7864da3f2
10.
https://etherscan.io/tx/0x9441c8b4c5829f711a4b83be24972ec7fdeba8053b381171fc698abe041f731d - a large transaction that was carried out with the address 0xa2793d59e78bcdcae19b6c1ee7c1e1f08487aa3e
11. https://etherscan.io/tx/0xb56b4eff044c3bdc99150cde0932999744c7a818963034cfc2421905a08a0b8f - a large transaction that was carried out with the address 0x20f7839df2fef53f7b42865a745c8fb3c97eafd8
At the time, Bryan Legend did not give a clear definition of the ongoing drop in the liquidity pool. All he said about this in the telegram chat of the main group @cleverdefi was (literally): “It is not a negative at all. It is correct analysis but a portion of LP was re-allocated for funding to future exchange listing aswell as for market making to stabilize a higher sustainable structure when the majority of the remaining LP will be again re-added. There should be no concern here. We always act in accordance with the greater good and longevity of the project with investor's interests at the forefront of all our decisions ”.
But let's take a closer look at these 11 addresses that were used to fill the liquidity pool and which, withdrew this liquidity before the end of the 12-month freeze ...
So ... The first address is 0xe311d3d42528fa5ad87a2512402cbc2ea97a71b0. This address, like the 20 addresses that participated in the CLVA price pump, received its initial Ether funding from the smart contract address 0x941f40c2955ee09ba638409f67ef27c531fc055c:
1.
https://etherscan.io/tx/0x0f1f92e2a90edd24ef956bed80677cdfc14fc54439adebdae78cefcd0d0250a5 - as a result of this transaction, the address 0x22d72f2ed2eb80903fdd3d6776d463307785cccf made the distribution of 3 Ether between 10 addresses: 0x20f7839df2fef53f7b42865a745c8fb3c97eafd8, 0xa2793d59e78bcdcae19b6c1ee7c1e1f08487aa3e, 0x7aa69d9d2cb913758708a2c40e7796b7864da3f2, 0x05d664ae1a0d11c2150971533c8322454e3a0c5f, 0x78bceae75f857d3524e56bca39a9b9d68ba1b186, 0x7969b70bf6e9878c6d1b381522dfa864afd24013, 0x4270946cedff3bdd3d9e446bbeb732dd8e5f88a6, 0xf619d3a3d8439403a61115107e568ce941fd81cd, 0xe311d3d42528fa5ad87a2512402cbc2ea97a71b0, 0x4c23107437a5c816fe50cab4b0d3b1584fd02a01. Now, as it turns out, we immediately found a source of funding for all the major whales that participated to provide liquidity on the Uniswap exchange.
2.
https://etherscan.io/tx/0xf2b904f65c13bf77d2bb2fdf40a2c90d18d319224cccb84b280c49ac10883fd3 - as a result of this transaction, the address 0xfc41eeb6474066d66f35eaf42455499b68e21b41 allocated 225.06 Ether to the same 10 addresses as in the first transaction.
As a result of these 2 transactions, 10 of these addresses received funds, which were subsequently used to purchase CLVA tokens, as well as fill the liquidity pool. As can be seen from these transactions, there is also the fact of falsification of the number of original holders of CLVA tokens and market manipulation when filling the liquidity pool.

SELLING A HUGE AMOUNT OF SECRET CLVA, which caused the price to drop to near zero

All subsequent transactions for these 10 addresses (which were previously the main providers of filling the liquidity pool) were also similar - the remainder of CLVA tokens from these addresses were sent to the address 0xabb1a7772c78110853755db6886d930bf0e6b6b6, after which they were sent to the address 0x3742469587d18e8930d9539c9fcee6dab0be4e3e, which was sent to the smart contract 0x74de5d4fcbf63e00296fd95d33236b9794016631 and then sold. Over the past period of time, these addresses have sold hundreds of thousands of CLVA tokens, bringing the CLVA price to near zero!
Thus, Mr. Bryan Legend hid his CLVA on fictitious addresses, and subsequently sold them, bringing down the CLVA price, which, with a low level of liquidity, was in the risk zone for a fall.
All Ethers, which were also on the balances of these 10 addresses, were also transferred to other addresses. These 10 addresses directed their Ethers to addresses: 0xabb1a7772c78110853755db6886d930bf0e6b6b6, 0xe3653eeb18f243399a1a606b5def547b8bd46781, 0xf9a76d28f4060f5dbb496449897cdc4a2e13812a, 0xa48ab1E23b9212A609C740E4e7f0A8DcA1c35b40, after which, some of these Ethers were sent to the HitBTC_3 address.

Relative to address 0x22d72f2ed2eb80903fdd3d6776d463307785cccf and address 0xfc41eeb6474066d66f35eaf42455499b68e21b41, who funded Ether for 10 addresses-whales that provided liquidity on the Uniswap exchange, and which subsequently took this liquidity, as well as carried out a huge dump ...
Address 0x22d72f2ed2eb80903fdd3d6776d463307785cccf has a direct transaction:
https://etherscan.io/tx/0xdcf2f5c108a41a83c21fcd1a3fd16f34f04fd609b677d2fbbdf1620da92e19a7 - this is a withdrawal from the TAGZ exchange previously owned by Mr. Bryan Seiler (Bryan Legend).
Adress 0xfc41eeb6474066d66f35eaf42455499b68e21b41 has several incoming Ether transactions from the Clever DeFi address: Deployer 0x3cbbc1fab62896e74ef8fbd073da3ae86605e3a3, and the rarity of such transactions indicates that the recipient is directly related to the Clever DeFi project:
https://etherscan.io/tx/0x276bf45bb265c586cdc794c4014c8ecda101edefdeb1cff9bc3b0f4d204ea0b8
https://etherscan.io/tx/0x787cf2e622d25c2607ffe6d076de00e716560f30a44e16f7d03898f5b7994aa0
https://etherscan.io/tx/0xee93bd5050e6def641e429aa4b7b595cb1447899bc636b548d6b373423533e8a
https://etherscan.io/tx/0x0ad7a6385d09c481b4e33fada2da036c0dcca896d6db9e3b89354cbe513b439e

Also, manipulation of the CLVA market price was carried out using the address 0xd01b739d09cd1fd64ab6e309714ca5433e3044d7 and the address 0x3742469587d18e8930d9539c9fcee6dab0be4e3e. These two addresses are directly linked to 0xc9199b45ca3700debe5cbc643e0d02efd5495aac, which has received millions of USDC and USDT deposits from these two addresses since May 19. The address 0xc9199b45ca3700debe5cbc643e0d02efd5495aac also received large incoming USDT deposits from the only official address belonging to Celver Defi - 0xfc41eeb6474066d66f35eaf42455499b68e21b41.
The address 0xc9199b45ca3700debe5cbc643e0d02efd5495aac is also linked to the address 0xed8204345a0cf4639d2db61a4877128fe5cf7599, which financed the creation of the TAGZ5 token (contract 0x4d0425e47ee2d16b94c036715dfcb52a0cebc4dc), issued by the TAGZ exchange, which was founded by Mr. Bryan Seiler (Bryan Legend).

REFUSAL OF THE OWNER OF THE PROJECT Clever DeFi FROM FURTHER FINANCING OF THIS PROJECT

On August 21, 2021, on the official website https://clva.com/clva-what-happens-now/, Bryan Legend published an open letter, according to which Clever DeFi Pty Ltd officially stops funding the Clever DeFi protocol due to financial inappropriateness. which came as a result of the fall in the CLVA price.
But as we now know, based on the evidence of everything that is happening here, it was Bryan Legend who unreasonably removed liquidity from the pool on the Uniswap exchange, which put the CLVA price at risk of falling. It was Bryan Legend who sold hundreds of thousands of CLVAs, which drove the price to almost zero. Now Bryan Legend has refused to spend money from investors in the Clever DeFi project to maintain and develop this project. This seems nonsense, since according to the Whitepaper, almost all the funds of investors that came to the project from the initial minting of CLVA tokens should have been directed precisely to the maintenance, development and marketing of the project. Or now Mr. Bryan Seiler (Bryan Legend) has decided to keep the investors' money and now use this money for his own personal needs, simply saying that he is not interested in investing this investor money in the maintenance and development of the Clever DeFi project?

SUMMARY

Thus, based on the transactions that we identified during our investigation, Bryan Seiler (Bryan Legend), during the creation and operation of the Clever DeFi project, committed the following violations:
1. Fictitious investments in a project, in order to attract more attention from investors.
2. Manipulating the market price (pump prices) to create a fictitious opinion about the success of the project.
3. Withdrawal of a significant part of the liquidity pool before the expiration of 12 months, for no particular reason - this violates the promise that he indicated in the Whitepaper.
4. The deliberate high sales of clandestine CLVAs that Bryan Legend unofficially owned, which pushed the CLVA price down to near zero.
5. Failure to fulfill the assumed obligations for the organization of marketing.
6. At least an attempt to embezzle funds from the liquidity pool and funds for the development of the project, which is confirmed by an open letter of refusal to further fund the Clever DeFi protocol.
An official investigation into these violations could shed light on what happened. Then, if at least some of these violations were confirmed, then this would entail not only financial sanctions from the authorities, but also possible criminal prosecution, upon confirmation of the facts of fraud. But whether such an official investigation will ever happen is not known to anyone. Perhaps Mr. Bryan Seiler will get away with it now and he will continue to open more and more crypto projects, where he will also take possession of investors' money, sell his hidden tokens of these new projects, clearing the wallets of users who will continue to believe in his fairy tales.

__________________________________________________________________________________________________________________
__________________________________________________________________________________________________________________

To support authors:
BTC address: 15TFrZCEWn2FbaXhCX2R7tWCotSjGMmZvp
ETH address: 0x6c629437eF38Aa610fb14FfF8BebA7Dc5B21B29E
TRX address: TRbEpq38kNfJp7smiRPNaXAYKPGycvjnts