T24 Token: Full Transparency Report – What Happened in October 2025
T24 Token: Full Transparency Report
What happened in October 2025 – and what we’re doing about it
1
What Happened
On Saturday, October 11, 2025 at 11:55 PM UTC, a single presale investor sold 32 million T24 tokens in one transaction. This represented a massive portion of the available liquidity on the DEX, causing the price to crash approximately 90%.
- Price before: ~$0.00036
- Price after sell: ~$0.00003 (-90%)
- Current price: ~$0.000018 (further decline due to broader Polygon ecosystem downturn)
- This was NOT a coordinated rug pull. It was one investor acting alone, emotionally, at 3 AM on a Saturday night.
2
The Full Timeline (On-Chain)
Every transaction of wallet 0xd0Da…aAdE3 involving T24, verified on PolygonScan:
| # | Date (UTC) | Type | T24 Amount | POL | USD Value | TX |
|---|---|---|---|---|---|---|
| 1 | Apr 1, 2025 17:12 | Claim | +58,800,000 | – | OTC presale | View |
| 2 | Oct 5, 2025 17:05 | Claim | +16,799,992 | – | 2nd tranche | View |
| 3 | Oct 9, 2025 22:34 | Sell | -25,379 | +20 WPOL | ~$4.80 (POL $0.24) | View |
| 4 | Oct 9, 2025 23:28 | Sell | -25,413 | +20.32 WPOL | ~$4.88 (POL $0.24) | View |
| 5 | Oct 9, 2025 23:29 | Buy | +50,212 | -40.64 POL | ~$4.37 (POL $0.107) | View |
| 6 | Oct 10, 2025 00:25 | Transfer In | +6,428,719 | – | – | View |
| 7 | Oct 11, 2025 23:55 | BIG SELL | -32,028,131 | +12,398 WPOL | ~$1,323 (POL $0.107) | View |
All transactions routed through Uniswap V4 Universal Router. USD values calculated at POL market rate on the day of each transaction.
3
The Background
- This investor purchased approximately 82 million T24 tokens for $14,000 through an OTC presale deal
- As part of the arrangement, $1,000 worth of tokens were allocated to fund a CoinGecko FastTrack listing
- CoinGecko rejected the listing due to insufficient trading volume and user interactions
- The investor was explicitly told – verbally and in writing, at least 3 times – to sell responsibly and in the interest of the project if he ever decided to exit
- Our suggestions to focus on building token utility were dismissed by the investor as “too slow” – he wanted the listing purely for price momentum
- One day after the CoinGecko rejection, the investor panic-sold 32 million tokens at 3 AM on a Saturday night
4
Why Could He Bypass Whale Protection?
- Our whale protection mechanism was active on Uniswap V3
- The investor routed all trades through the Uniswap V4 Universal Router (0x1095…9223)
- V4 was not yet covered by our protection mechanism at the time
- This gap was identified and analyzed by Etherauthority, our smart contract development team
- The V4 vulnerability was patched within the first week after the incident
5
What We’ve Done Since
- Uniswap V4 whale protection patched immediately
- Esteban Jones (project lead) paused all token promotion until the whale situation is fully resolved
- A buyout offer was made to the investor for his remaining 50 million tokens
- The investor accepted the buyout on December 25, 2025
- We are currently raising funds to complete the buyout at current market value
- Once completed, these tokens will be transferred to the project owner wallet
- 75% of the total T24 supply remains locked
6
What We’re Building (While This Gets Resolved)
We have not stopped building for a single day. In January 2026 alone:
- ~51 commits shipped across 8 major systems
- 8,077+ Spanish translations corrected
- New email platform, newsletter v2.0, AI matching system
- Mobile app updated from v1.0.18 to v1.0.21
- T24 token already integrated and tested on our staging freelancer platform
- Token utility will go live once the whale buyout is completed
The Numbers Don’t Lie
$14,000
Whale paid
~$1,333
Whale received
-$12,667
Whale’s loss (90%)
75%
Supply locked
0
Tokens sold by team
50M
Whale tokens (buyout agreed)
V4
Gap patched
51+
Commits in Jan 2026
If this were a rug pull, the whale would have profited. Instead, he lost 90% of his investment. We’re still here, still building, every single day.