MetaMatic KYC Verification

MetaMatic $META Incident:

What happened?
MetaMatic raised 250 BNB in the presale. It was launched on March 26. 187 BNB liquidity has been added to Pancakeswap. 1 year locked. The project owner(Paul Gaudiano) was doxxed. He lives in England and is a British citizen. He has a company registered in England (https://find-and-update.company-information.service.gov.uk/company/13832530/officers). You can see the name and company address in the company records.

On March 29, a large number of tokens were minted from the contract. By selling these tokens, he bought 205 BNB in the liquidity pool and made rug pull. (Tx hash: https://bscscan.com/tx/0xf090d08e1f5f90ee32abd6a51ef9eac96b1aa4d970d2b85bc5e9df5f9096f88b)

Our initiatives:
When we first contacted the project owner, Paul, via Telegram: he said that it was the developer who created the smart contract, not him.
We asked Paul to compensate investors for their losses.
Afterwards, the Twitter account of the project was closed. Paul’s Telegram account has been deleted. We tried to reach Paul by email. So far we have not received an answer.
205 BNB stolen from investors was transferred to different accounts via fixed float.

Our assessment:
The general excuse of scammers is “I didn’t do it, the developer did.” Paul Gaudiano clearly stated in the documents and video he submitted to us that he controlled the smart contract himself.
We also asked this issue again in the video call. Paul confirmed that he controlled the smart contract himself.
Paul cut off communication with us.

Project Information

Project Name	MetaMatic
Ticker/Symbol	META
Contract	0x210FF1F04d3e49F7072Fbe96b1c9edf64e55959c
Network	BSC/BNB Chain
Presale address	DxSale

Links

For details, you should join the MetaMatic Telegram group.

Join IDOPresales Telegram channel

What is KYC Service?

During the KYC process, the identities of the team members and their connection to the project were determined.

Team members provided important documents for these determinations.

What does it mean?

KYC mainly aims to protect investors against scam-rug pull.

If team members scam people:

We will file a criminal complaint against them in the country they are in with the documents they provide to us.
We will reveal their identities.

To investors: If you think a project that has passed our KYC process is a scam or rug pull, let us know. Please also explain why you think so. Our team will review your submissions and, if true, will reveal the identity of the project owners.

Disclaimer
The fact that a project passes KYC service does not mean that we approve and recommend that project. The KYC service includes the identification of the project owner. Therefore, this service will assist the decision-making process of investors. Please DYOR.

MetaMatic Project

MetaMatic is a fully registered business in the UK, MetaMatic Ltd is a multi-chain decentralized cryptocurrency of the future based on the Binance smart chain (BSC). This token offers a new ecosystem to our investors and a chance to create a new portfolio of not only MetaMatic token but also gain reflections of 6% of all buys & sells paid back weekly to our holders in polygon (Matic). The reason we chose to pay our reflections in Matic is that it’s one of the breakout coins of 2021 and currently ranked 14th on CMC it also represents a blue chip crypto for our investors to hold & help build on their personal portfolio.