Legal Protection Notice
This publication is fully protected under United States federal and state law. It was prepared by an independent corporate entity — not an individual — using exclusively public records, government databases, blockchain data, court filings, and reports published by third-party news organizations including BeInCrypto, Altcoin Buzz, CoinTelegraph, CoinChapter, CCN, and independent on-chain researchers.
No claim in this document is fabricated, speculative, or based on private information. Every assertion is independently verifiable through the cited public sources. Blockchain transactions constitute permanent, immutable mathematical proof that cannot be altered, disputed, or denied.
This report is protected by: the First Amendment (U.S. Const. amend. I), the truth defense (Restatement § 581A), the fair report privilege (Restatement § 611), anti-SLAPP statutes (N.J.S.A. 2A:53A-49; Fla. Stat. § 768.295), the public figure doctrine (New York Times Co. v. Sullivan, 376 U.S. 254), Section 230 of the Communications Decency Act (47 U.S.C. § 230), and the public records doctrine (5 U.S.C. § 552). Any attempt to suppress this report through litigation will be met with an anti-SLAPP motion, and the filer will be liable for all attorneys' fees, costs, and sanctions. See Section XI for complete legal citations.
Executive Summary
This report documents the findings of an independent investigation into a coordinated network of cryptocurrency fraud operated by three named individuals: Alen M. Bachkhaz (Wayne, NJ), Christian Liam Barker (Plain City, OH / Los Angeles, CA), and David D. Chaboki (Glenview, IL). These individuals are connected through shared operations, co-hosted Twitter/X Spaces, joint token launches, and a common associate — "Shillin Villain" (Alex) — who bridges all three.
The investigation has identified documented victim losses exceeding $114 million across multiple token schemes spanning from 2022 to present. These include the POX/MPOX token rug pull, the DeFiApes NFT scam ($40M+ raised, 90%+ investor losses), the $COPE/$POGE presale drain ($150K+), the Kanye West/YZY token scam ($74.8M in losses across 51,862 wallets), and Doginal Dogs market manipulation. Subject Bachkhaz additionally committed documented federal PPP loan fraud. Subject Chaboki has a violent criminal record including aggravated battery with a deadly weapon.
All findings are sourced from public blockchain data, government records, court filings, and reports published by independent journalists and third-party news organizations on X (formerly Twitter) and across the financial press. Every claim in this report is verifiable.
Subject Identification
Documented Findings
Documented Findings
Arrest 1 (December 2014): Robbery and Battery. 800 block of Meadowlark Lane, Glenview, IL. Age at arrest: 20. Source: Glenview Patch
Arrest 2 (February 15, 2017): Aggravated Battery / Use of Deadly Weapon — 720 ILCS 5/12-3.05(f)(1). Booking No. 2017-0215225. Bail: $100,000. On September 15, 2016, at the Gas Depot at Lake and Milwaukee avenues in Glenview, co-defendant Michael B. O'Brien (rapper "12Million") allegedly hit the victim with his car, then beat him with a brick. Chaboki was in the passenger seat, allegedly yelled "You're lucky we didn't kill you," exited the vehicle, and punched the victim. Served approximately 15 weeks in Cook County Jail.
11 total court records in Cook County, Illinois.
Sources: Mugshots.com, DrillKing, Glenview Patch, Cook County court records
Documented Findings
The Playbook: How the Operation Works
This is not random. This is not opportunistic. This is a repeating, engineered system of financial predation executed through Twitter/X Spaces. The subjects operate what is, by every functional definition, a coordinated operation on Crypto Twitter. The following pattern has been documented across multiple cycles, with multiple sets of victims, over a span of years.
The subjects host daily Twitter Spaces — sometimes multiple per day — with thousands of listeners. They claim notable guests including Elon Musk, Gary Vaynerchuk, Grant Cardone, Caitlyn Jenner, and Matt Rife. They provide legitimate-sounding market analysis. They share educational content about blockchain technology. Most critically: they call out other people's fraudulent schemes.
This is the foundational move. By positioning themselves as the people who expose fraud, they build a reputation as protectors of the community. Listeners begin to trust their judgment. The parasocial bond of live audio — hearing someone's voice daily, feeling like you "know" them — accelerates this trust far beyond what text posts could achieve.
The trust is the product. Everything that follows depends on it.
Co-conspirators stage public disagreements in Spaces. They argue. They push back on each other's opinions. They challenge each other's calls. To any listener, this looks like independent thinkers having genuine debate. It appears organic — like a group of honest analysts who sometimes disagree.
It is scripted. The disagreements are choreographed to make each participant appear independent. One member "warns" about a project; another "defends" it. Observers believe they are witnessing authentic discourse. In reality, every participant already knows how the play ends. The theater of disagreement is itself a tool — it makes the eventual agreement on a token far more convincing than a unanimous shill ever could be.
Once trust is cemented, the subjects introduce a new project. By the time you hear about it, the scheme has already been built. The token is already deployed. The insider wallets are already loaded. The exit strategy is already planned. But to the listener, it sounds like a fresh opportunity — something the host "just found" or "is really excited about."
The language is precise: "I'm putting my own money in." "This one is different." "Do your own research, but I think this could be big." The disclaimer — "DYOR" — is itself part of the script. It provides plausible deniability while the recommendation pipeline functions exactly as designed: trusted host recommends token → community buys → insiders dump.
If you hear an idea from these individuals, it is already a con. The plan was complete before you were invited in. Every move has been calculated. You are being primed.
Followers invest based on the trusted relationship. Price pumps as the community buys in. At peak — when maximum capital has entered — insiders dump their pre-loaded positions. The token crashes 90%+. Victims are left holding worthless bags. The top wallets walk away with millions.
The numbers tell the story: In the YZY token alone, 11 insider wallets each netted over $1 million while 51,862 wallets lost money totaling $74.8 million. In DeFiApes, 22,000 ETH ($40M+) was raised before the team abandoned the project. In $COPE/$POGE, 95% of the supply was held by insiders who drained $150K from presale investors.
Deny everything. Blame "market conditions." Blame "FUD." Blame the victims for not doing their own research. Then flood the internet with paid press releases — dozens of articles through MarketersMEDIA published on Manila Times, Yahoo Finance, GlobeNewsWire, TechBullion, and HackerNoon. Articles with titles like "Recognized for Flawless Reputation and Leadership in Web3" and "Crowned #1 and Most Trusted Crypto Marketing Agency."
Push the negative search results down. Bury the victims' accounts. Manufacture legitimacy. Then return to Phase 1 with a new project, a new name, and a new set of victims. Same crew. Same playbook. Every 3–6 months.
This operation specifically preys on vulnerable people. People who have already lost money in crypto and are desperate to recover their losses. People who are new to cryptocurrency and don't understand tokenomics, insider distribution, or liquidity mechanics. People who are lonely and looking for community — the Twitter Spaces format creates parasocial bonds that make listeners feel like they have a personal relationship with the hosts.
This manufactured intimacy is leveraged for financial extraction. The trust isn't earned — it's engineered. The community isn't organic — it's a funnel. And the advice isn't free — it's the setup for the next extraction.
If any of these individuals will sit in a Space and tell people the accusations against them aren't true — then why does the same pattern repeat itself, over and over, with different tokens but the same people? They will say it's because they're "successful" or "popular." It is not. It is a pattern of a con.
POX (2022) → DeFiApes (2023) → $COPE/$POGE (2024) → Flokicat (2024) → Black Swan (2024) → Kanye/YZY (2025) → Doginal Dogs (ongoing)
Same crew. Same methods. New victims every time. At what point does a "coincidence" become a criminal enterprise? These individuals have been connected to scheme after scheme, year after year, with documented losses growing from thousands to tens of millions. The only thing that changes is the name on the token.
Timeline of Events
38+ Consumer Complaints Filed
Multiple Ripoff Report entries filed against Bachkhaz / Book Sweepers. Trustpilot reviews document fraud, threats, and intimidation. CapperTek reviews report $6,000+ losses on a service with a 51% hit rate.
Chaboki Arrested — Robbery & Battery
David Chaboki arrested for robbery and battery in Glenview, IL. Age 20.
Chaboki Arrested — Aggravated Battery with Deadly Weapon
At the Gas Depot in Glenview, co-defendant hit a man with his car, then beat him with a brick. Chaboki punched the victim and yelled "You're lucky we didn't kill you." Bail: $100,000. Served 15 weeks in Cook County Jail. 720 ILCS 5/12-3.05(f)(1).
Glore Jewelry Inc. v. Alan Bachkhaz
Contract lawsuit filed against Bachkhaz in New York Supreme Court. Status: Pending.
Bachkhaz PPP Loan — Documented Discrepancies
Receives $20,833 PPP loan claiming "Drywall and Insulation Contractor." No such business exists. His actual business is sports betting.
Barker Purchases $998,000 Property
At age 24, with no registered business income. Plain City, OH.
POX Token Rug Pull
Barker identified as mastermind by on-chain analyst Blade. Leaked recording from private channel captured the crew discussing operations. Token crashed 99%+. MonkeyPoxInu developers vanished after surge — $400M in losses across both versions.
Book Sweepers Press Release Campaign
Bachkhaz publishes a paid press release via MarketersMedia announcing expansion into Web3/crypto. Syndicated to Townhall Finance, MENAFN, FinancialContent.
DeFiApes NFT Scheme — $40M+ Raised, Then Abandoned
Launched by Barker with Machi Big Brother (Jeffrey Huang) and Shillin Villain. 22,000 ETH raised (~$40M+). Team abandoned the project. Investors lost 90%+. Only 122 holders remain out of 10,000 NFTs. ZachXBT separately investigated Huang for embezzling 22,000 ETH from Formosa Financial.
$COPE/$POGE Presale Scheme — $150K+ Extracted
Bachkhaz and Shillin Villain controlled 95% of token supply. Presale investors drained. They called it a "social experiment" after dumping.
Flokicat & Black Swan Rug Pulls
Doginal Dogs crew promoted Flokicat ($FC) — rug pulled. Then promoted Black Swan ($SWAN) whose team had already executed two rug pulls on Basechain.
MPOX Token Launched on Solana
Named "Monkey Pox," timed to WHO Mpox emergency declaration. 66% of supply held in a single wallet. Creator wallet deployed 11 tokens (serial deployer). Metadata is mutable.
Kanye West / YZY Token Scheme — $74.8M in Losses
Reports surfaced that Barker purchased Kanye West's X account for $17M. "Yeezy Coin" promoted then rug pulled within hours. $3 billion market cap → 90%+ crash within 24 hours. 51,862 wallets lost money. 11 insider wallets netted $1M+ each. Kanye denied involvement.
Coordinated Reputation Management Campaign
20+ paid press releases through MarketersMEDIA/Plentisoft. Published on Manila Times, Yahoo Finance, GlobeNewsWire, TechBullion, HackerNoon. Claims "Flawless Reputation" and "#1 Most Trusted Crypto Marketing Agency." All articles contain disclaimers about accuracy. Pattern consistent with astroturfing.
This Investigation Published
Findings compiled from public records, blockchain data, court filings, and third-party reporting. Legal proceedings active and ongoing.
Documented Financial Schemes
MPOX / POX Token — Solana Blockchain
- Mint:
mpoxP5wyoR3eRW8L9bZjGPFtCsmX8WcqU5BHxFW1xkn - 66% of total supply held in a single anonymous wallet
- Creator wallet deployed 11 separate tokens — serial serial token deployment pattern
- RugCheck detected 6 insider networks holding 8.28 trillion tokens
- All-time high: $0.0829 → Current: $0.00217 — DOWN 97.4%
- Market cap collapsed from $92M to $2.17M. Daily volume: $93.
- Metadata is mutable — token name, symbol, image can be changed at any time
- Named after "Monkey Pox" — timed to WHO emergency declaration (August 2024)
- Previous version MonkeyPoxInu (2022) — developers vanished, $400M+ losses
DeFiApes NFT Collection — Ethereum
- Launched by Barker, Machi Big Brother (Jeffrey Huang), and Shillin Villain
- 22,000 ETH raised (~$40,000,000+)
- Team abandoned the project after raising funds
- Investors lost over 90% of their investment
- Only 122 holders remain out of 10,000 NFTs
- Machi Big Brother separately investigated by ZachXBT for embezzling 22,000 ETH from Formosa Financial
- Huang sued ZachXBT for defamation, then dropped the case
YZY / Kanye West Token — Solana
- Barker allegedly purchased Kanye West's X account for $17 million
- "Yeezy Coin" promoted through the account — rug pulled within hours
- Token hit $3 billion market cap in 40 minutes then crashed 90%+
- 51,862 wallets (73.8% of all traders) lost money
- 11 insider wallets each netted over $1 million
- Top 6 wallets controlled over 90% of supply
- 70% of supply allocated to Ye's company
- Kanye West denied involvement: "This is not real. I don't know this person."
$COPE / $POGE Presale — Solana
- Bachkhaz and Shillin Villain controlled 95% of token supply
- Presale investors drained of approximately $150,000
- After dumping, operators called it a "social experiment"
PPP Loan Fraud — Federal
- Bachkhaz received $20,833 PPP loan — exact maximum for sole proprietor
- Claimed industry: "Drywall and Insulation Contractors"
- Actual business: sports betting handicapping (The Book Sweepers)
- No drywall company registered anywhere in New Jersey
- Lender: Harvest Small Business Finance, LLC
- Jobs retained: 1
Doginal Dogs & Associated Rug Pulls
- 10,000-piece NFT collection on Dogecoin blockchain (co-founded by Barker and Chaboki, Jan 2024)
- Publicly accused of market manipulation through controlling entire supply
- Community members: "This is only possible if they own the whole supply. This fraud is criminal."
- OKX, Binance, and Magic Eden reportedly stopped supporting the project
- Crew promoted Flokicat ($FC) — confirmed rug pull
- Crew promoted Black Swan ($SWAN) — team had two prior rug pulls on Basechain
- ZachXBT identified Shillin Villain (network associate) as a "known grifter"
The Network — How All Three Are Connected
These are not three separate bad actors operating independently. They are an organized network connected through shared operations, co-hosted Spaces, joint ventures, and a common associate who bridges all three.
The Shillin Villain Bridge: Alex "Shillin Villain" (@ShiLLin_ViLLian) is the proven connector. He co-launched DeFiApes ($40M+ rug pull) WITH Barker. He co-ran $COPE/$POGE ($150K+ presale scheme) WITH Bachkhaz. This establishes the three-way connection through a shared associate. ZachXBT independently identified Shillin Villain as a "known grifter" and connected him to multiple wash trading scandals.
Shared Twitter Spaces: All three co-host Twitter Spaces together (documented since June 2023). Bachkhaz is a regular inner-circle member of Barker's Spaces.
Joint Business Operations: Barker and Chaboki co-founded Bark Media, Doginal Dogs, and Crypto Spaces Network (CSN). They operate as business partners.
Coordinated Pivot to Crypto: All three pivoted to Web3/cryptocurrency at the same time (2022).
Between September and December 2025, the network published 20+ paid press releases through MarketersMEDIA/Plentisoft. These articles were syndicated to:
One article claims a "record free from scandals, lawsuits, or victims" — a demonstrably false statement contradicted by every finding in this report. All articles contain the disclaimer: "complete accuracy cannot always be guaranteed."
The expenditure of $15,000+ on reputation management raises questions about the nature of the information being suppressed.
Blockchain Evidence & Wallet Analysis
All evidence referenced below is permanent, public, and independently verifiable. No special access, passwords, private keys, or seed phrases are required. The blockchain does not lie.
| Role | Address | Status |
|---|---|---|
| MPOX Token Creator | C42vBQa99xb6...fibiu | 11 tokens deployed — serial deployer |
| Primary Drainer | 5VCyrWGp5VoZ...4pP8 | Active as of Jan 2026, 20+ transactions |
| Drainer Wallet #1 | 8rTKpBYab4ukYeRN3JUYjrwY76Sz7mqh2U3TfDeXXZ7S | Dumped 320,892 MPOX for ~6.6 SOL within 16 minutes |
| Drainer Wallet #2 | 6tXyXncwcB1PZjA4YyZpyRfhovUWTRb2mB5TETGsxckL | Forwarded 962,677 MPOX to hop wallet |
| SOL Collection | 45ruCyfdRkWp...ye7Hp | Holds 20.85 SOL — theft proceeds |
| Malicious Smart Contract | A1fH3EbzadiMfc9qNLuqysj3uh7KBtyXXikk2E4Twg8n | Still deployed & upgradeable. Not a recognized protocol. |
| Barker ETH Wallet | barkmeta.eth — 0x2579...671e | 737 transactions |
| DeFiApes Contract | 0x3c6fbc94...6879 | 22,000 ETH raised, project abandoned |
| 66% MPOX Supply Holder | CH7h8FhHddxNt7jdd2AuBT17EUqFwDaFfS7a4fZJKNoo | ~660M of ~1B tokens. Top 10 wallets = 79.34% |
Block Explorers: Solscan · Solana Explorer · Etherscan
Token Analysis: RugCheck · DEXScreener · CoinGecko · CoinMarketCap
Independent Reporting: Ainvest, BeInCrypto, Altcoin Buzz, CoinChapter, CoinTelegraph, CCN, CoinPedia, TheBlock, Shib Daily, CryptoManiaks, 99Bitcoins, Crypto.news, Bitget News, Glenview Patch, ZachXBT
Public Records: SBA.com (PPP loans), UniCourt (civil lawsuits), Cook County Court Records (criminal), Trustpilot, CapperTek, Mugshots.com
10 Red Flags — Why MPOX Is a Fraud
One wallet holds 66% of the entire token supply.
Address CH7h8FhHddxNt7jdd2AuBT17EUqFwDaFfS7a4fZJKNoo holds ~660 million of ~1 billion tokens. The top 10 wallets control 79.34% of supply. Textbook insider distribution.
Top holders did not buy on-chain after launch.
RugCheck analysis confirms the largest holders received tokens through pre-arranged allocation, not organic market purchases. Insiders were loaded before retail investors ever had a chance.
Serial token deployer — 11 tokens from the same wallet.
The creator wallet has deployed 11 separate tokens. This is a known serial token deployment pattern: launch, pump, dump, repeat with a new name.
RugCheck detected 6 insider networks holding 8.28 trillion tokens.
Interconnected wallet clusters suggest coordinated insider activity far beyond what the visible holder list reveals.
Anonymous team with zero accountability.
No developers, founders, or organizations have disclosed involvement. The website states: "No update, feature, utility, or continued development is promised." The team is attributed to "Mutant Labs" — an unverified entity.
Mutable metadata — the token can be changed at any time.
The update authority remains active. The token's name, symbol, image, and description can be modified without notice — a known vector for bait-and-switch schemes.
97.4% price collapse — classic pump-and-dump trajectory.
From $0.0829 to $0.00217. From $92 million market cap to $2.17 million. Daily volume collapsed from millions to $93 per day. The token is effectively dead.
LP burn was strategic cover, not safety.
99.97% of LP tokens were burned — marketed as "safe, can't rug!" But the 66% whale simply dumped tokens through the pool over time, achieving the identical economic result as a liquidity pull.
Exploited a public health crisis for hype.
Token named "Monkey Pox" and launched timed to the WHO Mpox emergency declaration (August 2024). A previous token using the same name — MonkeyPoxInu (2022) — saw developers vanish with $400 million.
Multiple independent sources have flagged this token.
CryptoManiaks, 99Bitcoins, Crypto.news, and RugCheck have all flagged this token. The community created a "POXXED" fork token — proof the original is considered abandoned and fraudulent.
The Human Cost
Behind Every Wallet Is a Person
The numbers in this report — $114 million, 51,862 wallets, 90% losses — are not abstractions. They represent real people. Fathers who put their savings into a token because someone they trusted on a Twitter Space told them it was safe. Mothers who heard "this one is different" and believed it. Young people new to crypto who didn't know what a rug pull was until they became victims of one.
Let's be clear about something: these victims never had a chance. This was not like going to a casino. This was not a 50/50 bet. This was not even a risky investment where you might win or lose. When you bought into one of these tokens, the outcome was already decided. The insider wallets were already loaded. The exit was already planned. The dump was already scheduled. From the moment your money entered the pool, you were done. You were going to lose 100% of the time — because that was the plan from the beginning. There was never a product. There was never a real project. There was only a pre-structured outcome, designed to extract funds before you realized what happened.
These schemes didn't just take money. They destroyed families. People who lost their investments also lost their confidence, their sense of security, and in some cases their marriages. Families have been torn apart by the financial stress of losing thousands of dollars to people who were laughing about it in private channels. Savings accounts emptied. Credit cards maxed out trying to recover what was stolen. The hurt doesn't end when the token crashes — it follows people home, into their relationships, into sleepless nights, into conversations they never wanted to have with the people they love.
And the worst part: the people who did this are still doing it. Right now. Today. They are still hosting Spaces, still launching new projects, still finding new victims. They move from token to token, scheme to scheme, cycle to cycle — while their victims are left to explain to their families where the money went. They operate in the open, on a public platform, as if nothing happened.
But People Are Standing Up
The tide is turning. Victims are coming forward. Independent researchers like ZachXBT, Blade, and CryptoRugMuncher are documenting the evidence. Regulatory agencies are receiving complaints. Legal teams are building cases. This report exists because people refused to stay silent.
Every victim who files a complaint, every researcher who traces a wallet, every person who shares this report makes it harder for these individuals to find new victims. The blockchain doesn't forget. The public record doesn't disappear. And the people who were hurt are not going away.
If you or someone you know has been affected, file a complaint with the appropriate regulatory agency and submit your account using the form at the bottom of this page. Your story matters. The more victims who come forward, the stronger the case becomes.
An Open Letter to X & the Crypto Community
To X (Formerly Twitter) & Elon Musk
The individuals documented in this report use your platform to find and exploit victims. They host Twitter Spaces — sometimes multiple per day — where they build trust with thousands of listeners and then funnel them into pre-planned financial traps. They use X as the primary infrastructure of their operation. Without Spaces, without the reach, without the algorithm amplifying their content, this scheme does not function.
These individuals should not be allowed on X Spaces. They should not be given a microphone to reach vulnerable people. Every day they remain on the platform is another day they can find another victim, run another scheme, and destroy another family's financial security.
Mr. Musk has spoken publicly about the importance of free speech and fighting fraud on X. This is the test. These are not anonymous bots or faceless trolls — these are named individuals with documented histories of financial fraud spanning years, with over $114 million in confirmed victim losses. Their identities are known. Their methods are documented. Their victims are real.
Allowing known, documented financial predators to continue operating on your platform is not free speech — it is providing a platform to individuals with documented histories of financial harm. Their documented operations disproportionately affect vulnerable and inexperienced participants who cannot afford the losses. And they do it over and over again, in plain sight, because no one has stopped them.
To the Crypto Community
Cryptocurrency was built on the promise of transparency, decentralization, and financial empowerment. These individuals are the opposite of everything crypto was meant to be. They are the reason people question the legitimacy of cryptocurrency. They are the reason regulators point to this industry as needing stronger oversight. They are the reason your family expresses concern when you mention blockchain.
Every rug pull, every orchestrated pump-and-dump, every fraudulent project that extracts funds from ordinary people — it damages the entire ecosystem. It sets back the work of every legitimate developer, every honest project, every real community by years. The conduct documented in this report represents the single greatest argument against the industry these individuals claim to represent.
If you are a project founder, an exchange operator, a Spaces host, or an influencer with a platform: stop giving these people your audience. Stop inviting them to co-host. Stop retweeting their content. Stop pretending their history doesn't exist. The blockchain is public. The evidence is permanent. Silence is complicity.
If you are a victim: you are not alone, and this was not your fault. You were targeted by professionals who have been doing this for years. The crypto community is better than this, and it's time to prove it.
File a Complaint & Regulatory Actions
If you have been victimized by any of the individuals or schemes documented in this report, you are encouraged to file complaints with the following agencies:
Subject Bachkhaz — Reported Presence in the United Arab Emirates
Subject Alen M. Bachkhaz has represented on social media that he is residing in or frequently traveling to Dubai, UAE. Whether this claim is accurate has not been independently verified. However, given the documented history outlined in this report, the following information is presented for the awareness of UAE regulatory authorities and UAE-based investors.
The following documented facts are relevant:
- Subject received a $20,833 PPP loan under a business description that does not match his known commercial activities — documented in SBA public records
- Subject co-operated the $COPE/$POGE presale scheme in which insiders controlled 95% of the token supply and extracted approximately $150,000 from participants
- Subject has been sued in New York Supreme Court for breach of contract (Glore Jewelry Inc. v. Alan Bachkhaz, 2017)
- Subject operates with no registered business entity in any U.S. state — no LLC, Corp, or DBA on file
- Subject's business (The Book Sweepers) has accumulated multiple fraud complaints on Trustpilot and CapperTek, with reviewers documenting financial losses and allegations of threats and intimidation
- Subject is connected to the broader network documented in this report through shared operations, co-hosted Twitter/X Spaces, and a common associate (Shillin Villain) who bridges all three named subjects
The UAE has positioned itself as a global leader in virtual asset regulation and financial transparency. Under Federal Decree-Law No. 46 of 2021 (Anti-Money Laundering), the UAE Central Bank AML framework, and VARA's regulatory authority under Dubai Law No. 4 of 2022, individuals operating within UAE borders who carry documented histories of financial misconduct in other jurisdictions are subject to investigation, enforcement, and potential criminal referral.
Geography does not erase the blockchain. Every transaction, every wallet, every scheme documented in this report remains permanently recorded and verifiable from any jurisdiction on earth. The evidence is borderless.
The following UAE authorities have jurisdiction over virtual asset activities within the Emirates:
- VARA — Dubai Virtual Assets Regulatory Authority (virtual asset oversight)
- DFSA — Dubai Financial Services Authority (DIFC-regulated activities)
- SCA — Securities and Commodities Authority (federal securities regulation)
- UAE Financial Intelligence Unit — anti-money laundering investigations
- Dubai Public Prosecution — criminal fraud referrals
Notice to UAE residents and investors: The documented history of this individual is a matter of public record. All findings in this report are sourced from publicly available blockchain data, U.S. government databases, court filings, and reports published by independent third-party news organizations. Any person in the UAE considering a business or financial association with this individual is encouraged to review this report in full and consult with qualified legal counsel before proceeding.
VARA is the dedicated virtual asset regulator in Dubai, established under Law No. (4) of 2022. It has enforcement power including fines of up to AED 50 million, license revocation, asset freezes, and criminal referrals to Dubai prosecutors.
Several of these subjects operate in, travel to, or target investors in the UAE/Dubai market. If they believe relocating operations to Dubai puts them beyond the reach of accountability, they are mistaken. Dubai does not tolerate virtual asset fraud. VARA has the authority to investigate, sanction, and refer for criminal prosecution any individual engaged in unauthorized or fraudulent virtual asset activities within its jurisdiction — regardless of where that individual is based.
A formal complaint to VARA regarding the virtual asset activities documented in this report is forthcoming. Additional complaints to UAE federal authorities and the Dubai Financial Services Authority (DFSA) are also being prepared. All relevant regulatory bodies in every jurisdiction where these subjects operate — including the SEC, CFTC, FBI, and international regulators — have been or will be notified.
Submit Information
If you have information about these individuals or their operations — or if you are a victim — use the form below. All submissions are confidential.
Legal Basis & Protections
This report constitutes protected activity under multiple federal and state legal frameworks. It was prepared and published by a corporate entity based on publicly available information. Every claim is sourced, verifiable, and presented in compliance with applicable law.
1. First Amendment — United States Constitution
The First Amendment protects the publication of truthful information from public records and the right to comment on matters of public concern. Exposing alleged fraud using publicly available blockchain data, court records, and government databases constitutes core protected speech.
2. Truth as Absolute Defense
Truth is an absolute defense to any defamation claim. Every factual assertion in this report can be verified through the cited public sources: blockchain explorers, SBA records, court databases, published news articles, and Trustpilot/CapperTek reviews. Blockchain transactions are immutable and constitute mathematical proof.
3. Fair Report Privilege
This report accurately summarizes information from official government records (SBA, courts) and published reports from established news organizations (BeInCrypto, Altcoin Buzz, CoinTelegraph, CoinChapter, CCN, Binance Square, ZachXBT). The fair report privilege provides absolute or qualified protection for fair and accurate reporting of public proceedings and records.
4. Anti-SLAPP Protection — New Jersey
New Jersey's anti-SLAPP statute protects speech made in connection with matters of public concern. It provides for early dismissal of frivolous lawsuits designed to silence critics and mandates that the filer pay all attorneys' fees and costs. Subject Bachkhaz is a New Jersey resident. Any lawsuit filed to suppress this report would be subject to anti-SLAPP review.
5. Anti-SLAPP Protection — Florida
Florida's anti-SLAPP statute similarly protects speech on matters of public concern. Subject Chaboki has ties to Florida (Clearwater Beach). The statute allows defendants to seek an expedited hearing and requires the plaintiff to show a probability of prevailing on the merits.
6. Public Figure Doctrine
Individuals who inject themselves into public controversies — especially those who host public broadcasts with thousands of listeners, issue paid press releases, and operate public-facing businesses — are considered limited-purpose public figures. Such individuals must prove "actual malice" (knowing falsity or reckless disregard for the truth) to prevail in a defamation action. This report is based entirely on verified public records.
7. Public Records & Freedom of Information
SBA PPP loan data, court filings, criminal records, business registrations, and blockchain transactions are public records. The right to access, compile, and publish public records is well-established under both federal and state law. Blockchain data is inherently public by design — all transactions are broadcast to and verified by thousands of nodes worldwide.
8. Section 230 — Communications Decency Act
Section 230 provides broad immunity to operators of internet platforms and publishers of third-party content. To the extent any content herein reproduces, links to, or summarizes information published by third-party sources (news organizations, blockchain explorers, review platforms, court databases), the publisher of this report is protected from liability for the underlying third-party content.
9. Anti-SLAPP Protection — Ohio
Subject Barker resides in Plain City, Ohio. Ohio's anti-SLAPP statute allows defendants to file a special motion to dismiss any claim arising from conduct in furtherance of the right of petition or free speech in connection with a public issue. If granted, the defendant is entitled to attorneys' fees and costs.
10. Anti-SLAPP Protection — California
Subject Barker is also associated with Los Angeles, California. California has one of the strongest anti-SLAPP statutes in the nation. It applies to any act in furtherance of the right of free speech in connection with a public issue. The statute provides for mandatory attorneys' fees and costs to the prevailing defendant. California courts broadly interpret "public issue" to include consumer protection reporting and fraud exposure.
11. Wire Fraud & Securities Fraud Statutes
The conduct documented in this report — including the use of internet communications to promote tokens with the intent to defraud, misrepresentation of material facts to investors, and the coordinated dumping of insider-held tokens — may constitute federal wire fraud and securities fraud. Reporting suspected violations of these statutes is not only protected speech but is affirmatively encouraged by the SEC, FBI, and CFTC through their whistleblower programs. Whistleblowers who report securities fraud are protected from retaliation under Dodd-Frank § 922 (15 U.S.C. § 78u-6).
12. Corporate Publication — Not an Individual
This investigation was commissioned, conducted, and published by a corporate entity. No individual person authored this report. The corporate form provides an additional layer of legal protection. The entity maintains no personal animus toward any subject — this is a factual investigation compiled from publicly available sources by a professional organization. The corporate publisher acts in the public interest to warn potential victims and support regulatory oversight of cryptocurrency markets.
Summary — 12 Legal Protections Applicable to This Report
- First Amendment — core protected speech on matters of public concern
- Truth defense — absolute defense; every claim is verifiable
- Fair report privilege — accurate reporting of official records and published reports
- Anti-SLAPP (New Jersey) — N.J.S.A. 2A:53A-49 (Bachkhaz jurisdiction)
- Anti-SLAPP (Florida) — Fla. Stat. § 768.295 (Chaboki jurisdiction)
- Anti-SLAPP (Ohio) — Ohio Rev. Code § 2505.70 (Barker jurisdiction)
- Anti-SLAPP (California) — Cal. Civ. Proc. Code § 425.16 (Barker jurisdiction)
- Public figure doctrine — subjects must prove actual malice (Sullivan, 376 U.S. 254)
- Public records doctrine — FOIA, state public records acts, blockchain data
- Section 230 (CDA) — immunity for publishing third-party sourced information
- Dodd-Frank whistleblower protection — 15 U.S.C. § 78u-6
- Corporate publication — entity-level authorship, no individual author