Could “The Heist of Paid Network” be the alibi to a perfect crime?

Early Tokens
3 min readMar 12, 2021

It seems that nowadays people who are involved in crypto are literally able to create wealth out of thin air. Paid Network V2 tokens have been recreated and disbursed to a majority of holders since a couple of days now. The fact that those tokens have been created out of thin air, and that more hush tokens bonuses have been promised, did not affect the price of the new PAID V2 tokens who have held steadily around $2 and it does not seem to bother anybody, as to where these tokens came from, but the simple fact is that you cannot create wealth out of nothing and this is exactly what has happened here, since perhapsthere may be more to this story, read on as I explore an alternative theory.

The brief of “their side of” the story is that Paid Network’s CEO Kyke Chassé allegedly had entrusted the contract creation, back when they got started, to a third party freelance developer, who left access to their addresses’ mneumonics on a git hub repository inside a copy of the contract representing a new token, and that the “alleged” hacker(s) found it and exploited an unlimited mint function which was burried in the code and used it to issue new tokens!

While this is plausible, some say it is really unlikely! I mean, who does that ? Leaving an access code worth millions of dollars inside a publicly accessible repository of another token and being able to link that the found address from the mneumonic code also controls part of the creation of the PAID tokens! I am suggesting instead that Tom Cruise should look into this plot for his next Mission Impossible!

So we are supposed to believe that an organisation like Paid Network who supposedly has the backing of several powerful venture funds, is going to just leave the keys to the vault at the door for anyone to have access to ? Do they really think , at Paid Network, that crypto investors suck their thumbs to believe such nonsense? or could this be, perhaps, part of an elaborate exit strategy, whereas the V2 PAID tokens have been generated to hide someone else cashing out and no one being the wiser? Who really knows! Still, if their scenario is possible, then mine might as well be!

This is the stuff movies is made of in fact as this entire movie, we are asked to believe in, creates the perfect opportunity to hide one of the smartest heists in crypto history. Steal in Plain sight and hide under another theft! Think about it, what a great alibi! Simulate a hack, re-issue new tokens and give bonuses to everyone, plus as another bonus the price of the token remains the same as previously, and make sure that it does or else all this would have been done in vain!

The other twist in this plot is the mysterious tokens which have been left in the exchanges and private pools such as launchpool. Paid is not admitting it, but no one knows or can know who owned what and when as soon as their tokens entered that realm , and that provides the perfect opportunity to completel hide all traces of who got paid! It may also be the main reason why token holders whose only mistake was to followed Paid Network’s direction and trust their tokens to these pools have been neglected and not re-issued tokens 8 days now after the “heist”. These same people who are being banned and silenced in the Paid Network telegram groups as quickly as dissent is forming, are not even aware of how big a plot they are part of, as they are providing the perfect cover and alibi to what could be the perfect crime, if such is the case. No one will ever know for sure, except the one(s) who got Paid!

Perhaps the authorities in Thailand should look into what is happening in their own backyard. I am not sure they are even aware of what is happening , but somebody certainly needs to get involved and look into this.

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Early Tokens

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