Dossier

Case file 005 · 3 Oct 2026 Money trail · preview

One hub wallet, 117 copies, 17,137 ORBIO of stake sold

From 28 Sep to 3 Oct, a relay of 147 throwaway wallets, started and topped up by one hub wallet, launched 117 Orbio agents, 66 of them copies of Build Week projects. Most of the trading in them came in their first minute, from wallets that buy and sell within seconds, and it paid them creator fees. Since Orbio lifted the stake lock on 1 Oct, the wallets have withdrawn and sold 97% of the stake, and the sales paid for the next launches. Dossier now posts each new copy a median 43 seconds after launch, when nearly all the buying is done.

117
Orbio agents from one relay of wallets
17,137 ORBIO
stake withdrawn and sold, 97% of it
0.69 ETH
what the stake and CREDIT sold for
83%
of their trading came in each token's first minute

What we found

  1. One hub wallet started every leg of the relay.

    Hub0xcf98…a179 · ETH out and back
    Leg 128 wallets · 5 agents, 20 on Pons
    Leg 23 wallets · 3 agents
    Leg 316 wallets · 15 agents, 1 on Pons
    Leg 493 wallets · 93 agents, 6 on Pons
    28 Sep29 Sep30 Sep1 Oct2 Oct3 Octstake lock lifted
    Each bar runs from a leg's first launch to its last. On the hub's row, the small dots are its ETH to the legs and the larger ones the ETH that leg 4's wallets sent back. Days in UTC.

    The hub, 0xcf98…a179, got its first ETH on 15 Sep and has sent 52 transactions. From 28 Sep it started a relay of throwaway wallets, in four legs: 0.002 ETH to the first wallet of leg 1 at 12:09 UTC on 28 Sep, then on 1 Oct 0.002 ETH to leg 2 at 17:16, 0.01 ETH to leg 3 at 17:37 and 0.003 ETH to leg 4 at 20:36, and 0.005 ETH to a second branch of leg 4 at 21:40. It also topped up leg 1 once and started a three-wallet side branch on 30 Sep. The first wallet of legs 2, 3 and 4 had already received the previous leg's leftover ETH, 25 seconds to 5 minutes before the hub's top-up; between legs 1 and 2 that ETH waited 15 hours in a wallet that launched one token on Pons. Within a leg, each wallet got its first ETH from another wallet of the relay. In all, 141 of the relay's 147 wallets launched 117 Orbio agents, #183 to #840, and 31 tokens straight on Pons. In its busiest 24 hours, from 02:14 UTC on 2 Oct, the relay launched 74 of the 200 new Orbio agents.

    Hub starts leg 1 ↗Leg 1's ETH reaches leg 2 ↗Hub tops up leg 2 ↗Hub tops up leg 3 ↗Leg 3 hands on to leg 4 ↗Hub tops up leg 4 ↗

  2. 66 of the 117 copy Build Week projects. All 117 are red.

    The 117 agents, by verdict

    292761
    • Another contract is the project's 29
    • The project says it has no token 27
    • Red for the wallets they came from 61

    What they copy

    64251
    • Build Week winners' projects 64 Ora 21, Foundry 12, Trenches 12, Ludi 9, Roberto 6, Tank 2, Orbio Research Desk 2
    • An approved builder's project 2 Umbra
    • Other projects 51
    Verdicts as of 06:58 UTC on 3 Oct.

    The agents use the names, tickers and X accounts of real projects: 21 copy Ora, the project of Build Week winner @Queenxrypt; 12 Foundry, 12 Trenches, 9 Ludi, 6 Roberto, 2 Tank and 2 Orbio Research Desk, all Build Week winners; and 2 Umbra, an approved builder's project. Most of the other 51 copy other projects, such as OrbioBook (9) and Pebble (5). 56 are confirmed copies, under the same rule as every verdict on this site: for 29, the project's own X account or website lists a different contract, and the other 27 copy Foundry, Ludi and Roberto, which say they have no token. The remaining 61 are red for the wallets they came from. The relay's 31 tokens on Pons aren't Orbio agents and aren't in these counts.

    Foundry: "There is no token" ↗Ludi: "there is no $LUDI token" ↗Trenches posts its own contract ↗OrbioBook posts its own contract ↗

  3. The copies trade in their first minute.

    ORBIO traded on the 45 indexed curves: 1,159,621 in all

    83%14%3%
    • Within 60 s of launch 83% 958,748 ORBIO
    • 1 to 5 minutes 14% 161,306 ORBIO
    • Later 3% 39,567 ORBIO

    The 377 times a wallet bought one of the copies

    2717729
    • Sold again within a minute 271
    • Sold again later 77
    • Not sold 29
    From Dossier's trade index; each buyer is the sender of its trade's transaction.

    Dossier's trade index holds 891 trades on 45 of the 117 agents' bonding curves. 82.7% of the ORBIO they moved, 958,748 of 1,159,621, changed hands within 60 seconds of launch, and 96.6% within five minutes. 231 wallets bought; none of them is one of the relay's 147. Of the 377 times a wallet bought one of the copies, it sold again in 348, a median 22 seconds after its first buy, and 40 wallets that bought three or more of the copies made 56.6% of all buys. That is how sniping bots trade, so we infer, but can't prove, that most of the buyers are bots. Other launches trade this way too: for the 133 other agents Dossier's channel posted red between leg 4's first launch and its last, 75.3% of the trading came in the first minute. Every trade pays the token's creator fees, and those fees are what the relay collects. The index misses some curves: $NUBS #304 traded 20 times between 10 and 47 seconds after launch, and none of them is in it.

    A buyer in 9 of the copies buys $LUDI #766 at 10 s ↗and sells at 15 s ↗$NUBS #304's curve: 20 trades in 47 s ↗

  4. Dossier posts them in about 40 seconds. The buying is over by then.

    Buys40 from 33 wallets · 59,398 ORBIO
    Sells46 before the post · 3 later
    launch+30 s+60 s+90 sDossier posts
    $LUDI #766's trades in its first 90 seconds, sized by ORBIO; three later sells aren't shown. The post time is Telegram's own.

    Dossier's channel has got quicker with the relay's copies. Leg 3's went out a median 1.8 hours after launch, and on the evening of 1 Oct leg 4's mostly 4 to 10 minutes after; 15 of the 117 were marked red without a post. Since 16:08 UTC on 2 Oct, after Dossier's wallet check began counting a wallet's first small funding (case file 003), the channel has posted all 62 of the relay's new agents a median 43 seconds after launch, 47 of them within a minute; 37 of the 62 are red for the wallets they came from. The buying was still over: of the 244,830 ORBIO spent on the 14 of them that traded, 239,707, or 97.9%, was spent before the post. $LUDI #766 shows how: launched at 22:42:24 UTC on 2 Oct, it drew 40 buys from 33 wallets, all of them 10 to 44 seconds after launch, for 59,398 ORBIO. Dossier posted it at 58 seconds, after 86 of its 89 trades.

    $LUDI #766's launch ↗Dossier's post on it ↗$ORA #791: 61,586 ORBIO of buys in 41 s, posted at 53 s ↗

  5. The stake started leaving 87 minutes after the lock came off.

    13 launch walletswithdrew 13 agents' stake, 19:32 to 21:32 UTC on 1 Oct
    7,203.59 ORBIO, each within 47 s
    Hub 0xcf98…a179sold it all in two swaps at 21:46 and 21:48
    0.231 ETH
    0x19ba…07d60.19999 ETH, 44 s after the second salea bridge, inferred
    Dashed: what we infer rather than prove.

    Half of each agent's creator fees is staked for it, and since Orbio upgraded its vault at 18:05:18 UTC on 1 Oct the owner can withdraw it at once (case file 003). At 19:32:18, 87 minutes later, the wallet behind $ORA #509 withdrew 1,416.76 ORBIO of stake and sent it to the hub 17 seconds later. By 21:32:30, 13 of the relay's wallets had done the same for 10 agents of leg 3, 2 of leg 1 and 1 of leg 4, each paying the hub 13 to 47 seconds after its withdrawal: 7,203.59 ORBIO in all. At 21:46:50 and 21:48:01 the hub sold exactly that much ORBIO, in two swaps, for 0.231 ETH. 44 seconds after the second sale it sent 0.19999 ETH to 0x19ba…07d6, a contract called with bridge(string,address,uint256,bytes), the function MetaMask's bridge router uses; we infer the ETH left Robinhood Chain.

    The vault upgrade ↗$ORA #509's withdrawal ↗Its payment to the hub ↗The hub's first sale ↗The hub's second sale ↗0.19999 ETH to 0x19ba…07d6 ↗

  6. Then each wallet sold its own stake and paid for the next launch.

    Trading86 trades by 53 s
    CREDIT65.04 minted at 44 s
    minted
    Stake1,362.63 ORBIO
    withdrawn
    Sale0.0553 ETH
    sold
    Next wallet0.0573 ETH, then $LUDI #767
    paid#767
    launch+2 min+4 min+6 min+8 minDossier posts
    $LUDI #766's launch wallet, 22:42:24 to 22:51:24 UTC on 2 Oct.

    From 22:45 UTC on 1 Oct the wallets stopped paying the hub in ORBIO and sold for themselves: 16 withdrawals by 14 wallets, 9,933.82 ORBIO, the first from each agent a median 18.5 minutes after its launch. They also sold 655.60 of the 678.49 CREDIT minted to them, and passed the ETH to the next wallet of the relay. $LUDI #766's wallet was the fastest: 65.04 CREDIT was minted to it 44 seconds after launch; it withdrew its 1,362.63 ORBIO of stake at 2 minutes 27 seconds, swapped it for CREDIT and sold that CREDIT for 0.0553 ETH, and at 4 minutes 45 seconds sent 0.0573 ETH to a new wallet, which launched $LUDI #767 three and a half minutes later. The top earner, $ORBIOBOOK #689, did the same in 14 minutes with 2,294.83 ORBIO of stake and passed on 0.109 ETH. Six of leg 4's wallets also sent the hub 0.40 ETH between 23:10 on 1 Oct and 01:57 on 3 Oct, and at 23:25 on 2 Oct the hub sent 0.31 ETH to 0x19ba…07d6.

    $LUDI #766's withdrawal ↗Its CREDIT sale ↗0.0573 ETH to the next wallet ↗$LUDI #767's launch ↗0.10 ETH to the hub ↗0.31 ETH to 0x19ba…07d6 ↗

  7. 97% of the stake, sold for 0.69 ETH.

    The 117 agents' creator fees: 35,264.40 ORBIO

    17,137.41 ORBIO494.79 ORBIO14,495.23 ORBIO3,136.96 ORBIO
    • Stake withdrawn and sold 17,137.41 ORBIO 26 agents, 29 withdrawals
    • Stake still in the vault 494.79 ORBIO $FOUNDRY #580
    • Converted for the agents' CREDIT and AI balance 14,495.23 ORBIO
    • Orbio's treasury 3,136.96 ORBIO
    From Orbio's agents API. The shares other than the stake changed at 18:05 UTC on 1 Oct.

    By Orbio's API at 06:59 UTC on 3 Oct, trading in the 117 tokens has produced 35,264.40 ORBIO of creator fees. Half, 17,632.20 ORBIO, was staked for the agents, and 17,137.41 ORBIO of it, 97.2%, has been withdrawn from 26 agents; the 29 withdrawals on chain add up to the same figure. Only $FOUNDRY #580 still has its 494.79 ORBIO staked. The withdrawn ORBIO and the 655.60 CREDIT sold for 0.693 ETH: 0.231 ETH by the hub and 0.462 ETH by 18 of the wallets. Launching the 148 tokens cost 0.074 ETH in launch fees. The hub put 0.028 ETH into the relay and got 0.002 ETH of it back; apart from that and under 0.01 ETH from other wallets, the relay paid its way with its own sales. Orbio's treasury took 3,136.96 ORBIO of the same fees.

    Orbio's agents API ↗$FOUNDRY #580, the one stake left ↗$ORBIOBOOK #689's withdrawal ↗and its sale ↗

  8. At 07:17 UTC on 3 Oct, a funded wallet is waiting.

    Leg 4's last walletlaunched $ORA #839 at 02:14
    0.0067 ETH, 02:15
    0xbfbd…9847in a 29 Aug chain; the hub paid it 0.002 ETH on 28 Sep
    02:17
    0xd0a5…ba11launched $FNDRY #840 at 02:18
    0.0061 ETH, 02:20
    0x3fc2…2d98no transactions by 07:17waiting
    Times are UTC on 3 Oct.

    Leg 4's last wallet launched $ORA #839 at 02:14:05 UTC on 3 Oct and at 02:15:39 passed its ETH to 0xbfbd…9847, a wallet the hub had paid 0.002 ETH on 28 Sep. That wallet passed it on at 02:17:08 to a new one, which launched $FNDRY #840 at 02:18:18 and at 02:20:23 sent 0.00605 ETH to another new wallet, 0x3fc2…2d98. At 07:17 UTC that wallet had sent no transactions, and the hub's last move was at 01:57. 0xbfbd…9847 is older than the relay: on 29 Aug it was part of a chain of wallets that launched tokens straight on Pons, two of which sent 0.05 ETH each that day to 0x6b82…8940, the wallet that sent the hub its first ETH on 15 Sep.

    Leg 4 hands on to 0xbfbd…9847 ↗$FNDRY #840's launch ↗0.00605 ETH to 0x3fc2…2d98 ↗The hub pays 0xbfbd…9847 on 28 Sep ↗29 Aug: 0.05 ETH to 0x6b82…8940 ↗15 Sep: the hub's first ETH ↗

The 117 launches, in order (verdicts as of 3 Oct)

  1. $TANK#183
  2. $TANK#192
  3. $NUBS#304
  4. $PANTHEON#307
  5. $FOMC#320
  6. $ROBERTO#436
  7. $UMBRIS#444
  8. $T97#448
  9. $TRENCHES#455
  10. $TRENCHES#457
  11. $TRENCHES97#459
  12. $TRENCHES#462
  13. $TRENCHES#464
  14. $TRENCHES#471
  15. $TRENCHES#473
  16. $TRENCHES#483
  17. $TRENCHES#486
  18. $TRENCHES#494
  19. $TRENCHES#496
  20. $ORBOOK#497
  21. $ORA#509
  22. $ORA#516
  23. $ORA#541
  24. $ORA#547
  25. $ORBIOHUSH#552
  26. $ORBHUSH#559
  27. $ORA#568
  28. $ORA#572
  29. $FOUNDRY#580
  30. $ROB#594
  31. $UMBRA#602
  32. $GOSSIP#604
  33. $FNDRY#606
  34. $SENT#610
  35. $FOUNDRY#611
  36. $ROBERTO#612
  37. $RBRTO#616
  38. $FNDRY#620
  39. $SENTINEL#627
  40. $PEBBLE#628
  41. $ORBIOBOOK#629
  42. $JOSE#632
  43. $FOUNDRY#641
  44. $LMO#642
  45. $MOTIONMKTS#646
  46. $ORDESK#668
  47. $ORA#676
  48. $UMBRA#678
  49. $ORA#679
  50. $VEKTOR#680
  51. $ORA#681
  52. $RHIO#682
  53. $FOUNDRY#685
  54. $ORA#687
  55. $ORBIOBOOK#689
  56. $ORBFATHER#695
  57. $ORBIOBOOK#698
  58. $ORBFATHER#700
  59. $RBRTO#702
  60. $ORBIOBOOK#703
  61. $PHA#704
  62. $ORBIOBOOK#706
  63. $TURNY#712
  64. $ANTIREKT#714
  65. $PEBBLE#715
  66. $ORDESK#716
  67. $ORBFATHER#717
  68. $ORBOOK#718
  69. $TURNY#723
  70. $HTTPS86#726
  71. $ORBIOBOOK#727
  72. $ORBIODOG#728
  73. $ECO#731
  74. $MASSINK#733
  75. $ORA#735
  76. $PEBBLE#737
  77. $ORBIOBOOK#740
  78. $LUDI#766
  79. $LUDI#767
  80. $ORA#770
  81. $FOUNDRY#772
  82. $ZERO#773
  83. $LUDI#776
  84. $ORA#778
  85. $ORBFATHER#781
  86. $LUDI#783
  87. $HILLS#789
  88. $ORA#791
  89. $TURNY#793
  90. $LUDI#796
  91. $ORA#799
  92. $FNDRY#800
  93. $LUDI#801
  94. $UMBRIS#804
  95. $LEAF#806
  96. $ORA#808
  97. $FOMC#809
  98. $FNDRY#810
  99. $LEAF#813
  100. $ORA#816
  101. $FARADAY#819
  102. $ORA#822
  103. $LUDI#823
  104. $ROBERTO#824
  105. $PEBBLE#827
  106. $FARADAY#829
  107. $FNDRY#830
  108. $ORA#831
  109. $LUDI#832
  110. $ORA#833
  111. $TURNY#834
  112. $PEBBLE#835
  113. $FNDRY#836
  114. $ORBFATHER#837
  115. $LUDI#838
  116. $ORA#839
  117. $FNDRY#840

Impersonator · 56Impersonator's wallet · 61

The relay, hand-off by hand-off

Show every wallet and transfer
  1. Hub0xcf98…a179

    Got its first ETH on 15 Sep from 0x6b82…8940 and has sent 52 transactions. Holds 0.184 ETH at 07:17 UTC on 3 Oct.

  3. Leg 1 · first wallet0x1b21…77bd

    Passed the ETH on without launching. Leg 1's 28 wallets launched 5 Orbio agents and 20 tokens straight on Pons; the hub topped it up once more, with 0.002 ETH on 30 Sep.

    4. 26 more wallets in leg 1.

    • Leg 1 · last launch0x8848…134c

      Launched $FOMC #320 Impersonator's wallet 1 Oct 02:05 UTC Receipt ↗

    • Hand-off0xb6c7…f393
    • Hand-off0xfcea…89d6

      Held the ETH for 15 hours.

      Launched a token straight on Pons 1 Oct 02:16 UTC Receipt ↗

    • Leg 2 · first wallet0x24a3…0acd

      The hub sent it 0.002 ETH 25 seconds later. Leg 2's 3 wallets launched 3 agents by 17:29.

      Launched $ROBERTO #436 Impersonator 1 Oct 17:18 UTC Receipt ↗

      • 1 more wallet in leg 2.

      • Leg 2 · last wallet0x38eb…a6ac

        Launched $T97 #448 Impersonator 1 Oct 17:29 UTC Receipt ↗

      • Leg 3 · first wallet0x4cbb…8099

        The hub sent it 0.01 ETH 4 minutes 59 seconds later. Leg 3's 16 wallets launched 15 agents and 1 token on Pons by 20:26.

        Launched $TRENCHES #455 Impersonator 1 Oct 17:38 UTC Receipt ↗

        • 14 more wallets in leg 3.

        • Leg 3 · last wallet0x15b6…0f05

          Launched $ORA #541 Impersonator's wallet 1 Oct 20:26 UTC Receipt ↗

        • Leg 4 · first wallet0x5296…faab

          The hub sent it 0.003 ETH 1 minute 51 seconds later, and 0.005 ETH to a second branch at 21:40. Leg 4's 93 wallets launched 93 agents and 6 tokens on Pons by 02:14 on 3 Oct.

          Launched $ORA #547 Impersonator's wallet 1 Oct 20:42 UTC Receipt ↗

          • 91 more wallets in leg 4.

          • Leg 4 · last wallet0xfec5…4d89

            Launched $ORA #839 Impersonator's wallet 3 Oct 02:14 UTC Receipt ↗

          • Reused wallet0xbfbd…9847

            In a chain of wallets that launched tokens straight on Pons on 29 Aug. The hub sent it 0.002 ETH on 28 Sep, and it sent 0.0022 ETH back on 29 Sep.

          • Next leg0xd0a5…ba11

            Launched $FNDRY #840 Impersonator 3 Oct 02:18 UTC Receipt ↗

          • Funded, waiting0x3fc2…2d98

            No transactions at 07:17 UTC on 3 Oct.

          Every Orbio agent from the relay

          #TokenLaunchedLinks toVerdict now
          1$TANK #18328 Sep 17:19 UTC Launch ↗@thelivingtankImpersonator
          2$TANK #19228 Sep 17:32 UTC Launch ↗@thelivingtankImpersonator
          3$NUBS #30430 Sep 21:49 UTC Launch ↗@nubs_on_xImpersonator's wallet
          4$PANTHEON #30730 Sep 21:58 UTC Launch ↗@PantheonIncImpersonator's wallet
          5$FOMC #3201 Oct 02:05 UTC Launch ↗@FOMCxyzImpersonator's wallet
          6$ROBERTO #4361 Oct 17:18 UTC Launch ↗@RobertoAgentAppImpersonator
          7$UMBRIS #4441 Oct 17:23 UTC Launch ↗@arsumbrisaiImpersonator's wallet
          8$T97 #4481 Oct 17:29 UTC Launch ↗@trenches97Impersonator
          9$TRENCHES #4551 Oct 17:38 UTC Launch ↗@trenches97Impersonator
          10$TRENCHES #4571 Oct 17:45 UTC Launch ↗@trenches97Impersonator
          11$TRENCHES97 #4591 Oct 17:49 UTC Launch ↗@trenches97Impersonator
          12$TRENCHES #4621 Oct 17:56 UTC Launch ↗@trenches97Impersonator
          13$TRENCHES #4641 Oct 17:59 UTC Launch ↗@trenches97Impersonator
          14$TRENCHES #4711 Oct 18:03 UTC Launch ↗@trenches97Impersonator
          15$TRENCHES #4731 Oct 18:09 UTC Launch ↗@trenches97Impersonator
          16$TRENCHES #4831 Oct 18:38 UTC Launch ↗@trenches97Impersonator
          17$TRENCHES #4861 Oct 18:45 UTC Launch ↗@trenches97Impersonator
          18$TRENCHES #4941 Oct 19:01 UTC Launch ↗@trenches97Impersonator
          19$TRENCHES #4961 Oct 19:04 UTC Launch ↗@trenches97Impersonator
          20$ORBOOK #4971 Oct 19:10 UTC Launch ↗@orbiobookImpersonator
          21$ORA #5091 Oct 19:26 UTC Launch ↗@useoradotsiteImpersonator's wallet
          22$ORA #5161 Oct 19:34 UTC Launch ↗@useoradotsiteImpersonator's wallet
          23$ORA #5411 Oct 20:26 UTC Launch ↗@useoradotsiteImpersonator's wallet
          24$ORA #5471 Oct 20:42 UTC Launch ↗@useoradotsiteImpersonator's wallet
          25$ORBIOHUSH #5521 Oct 20:49 UTC Launch ↗@OrbioHushImpersonator's wallet
          26$ORBHUSH #5591 Oct 20:56 UTC Launch ↗@OrbioHushImpersonator's wallet
          27$ORA #5681 Oct 21:25 UTC Launch ↗@useoradotsiteImpersonator's wallet
          28$ORA #5721 Oct 21:56 UTC Launch ↗@useoradotsiteImpersonator's wallet
          29$FOUNDRY #5801 Oct 22:38 UTC Launch ↗@foundryxyzImpersonator
          30$ROB #5941 Oct 22:57 UTC Launch ↗@RobertoAgentAppImpersonator
          31$UMBRA #6021 Oct 23:04 UTC Launch ↗@useumbraaImpersonator's wallet
          32$GOSSIP #6041 Oct 23:08 UTC Launch ↗@_gossipRHImpersonator's wallet
          33$FNDRY #6061 Oct 23:15 UTC Launch ↗@foundryxyzImpersonator
          34$SENT #6101 Oct 23:23 UTC Launch ↗@sentinel_uiImpersonator
          35$FOUNDRY #6111 Oct 23:26 UTC Launch ↗@foundryxyzImpersonator
          36$ROBERTO #6121 Oct 23:30 UTC Launch ↗@RobertoAgentAppImpersonator
          37$RBRTO #6161 Oct 23:41 UTC Launch ↗@RobertoAgentAppImpersonator
          38$FNDRY #6201 Oct 23:44 UTC Launch ↗@foundryxyzImpersonator
          39$SENTINEL #6271 Oct 23:56 UTC Launch ↗@sentinel_uiImpersonator
          40$PEBBLE #6281 Oct 23:59 UTC Launch ↗@PebbleClickImpersonator's wallet
          41$ORBIOBOOK #6292 Oct 00:07 UTC Launch ↗@orbiobookImpersonator
          42$JOSE #6322 Oct 00:23 UTC Launch ↗@orbiodotsoImpersonator's wallet
          43$FOUNDRY #6412 Oct 02:14 UTC Launch ↗@foundryxyzImpersonator
          44$LMO #6422 Oct 02:19 UTC Launch ↗@letmeoutagentImpersonator's wallet
          45$MOTIONMKTS #6462 Oct 02:32 UTC Launch ↗@motionmktsImpersonator's wallet
          46$ORDESK #6682 Oct 12:40 UTC Launch ↗@ordesk_botImpersonator
          47$ORA #6762 Oct 14:44 UTC Launch ↗@useoradotsiteImpersonator's wallet
          48$UMBRA #6782 Oct 14:58 UTC Launch ↗@useumbraaImpersonator's wallet
          49$ORA #6792 Oct 15:03 UTC Launch ↗@useoradotsiteImpersonator's wallet
          50$VEKTOR #6802 Oct 15:14 UTC Launch ↗@VektorbuildImpersonator's wallet
          51$ORA #6812 Oct 15:18 UTC Launch ↗@useoradotsiteImpersonator's wallet
          52$RHIO #6822 Oct 15:23 UTC Launch ↗@rhioagentImpersonator
          53$FOUNDRY #6852 Oct 15:26 UTC Launch ↗@foundryxyzImpersonator
          54$ORA #6872 Oct 15:41 UTC Launch ↗@useoradotsiteImpersonator's wallet
          55$ORBIOBOOK #6892 Oct 15:51 UTC Launch ↗@orbiobookImpersonator
          56$ORBFATHER #6952 Oct 16:08 UTC Launch ↗—Impersonator's wallet
          57$ORBIOBOOK #6982 Oct 16:12 UTC Launch ↗@orbiobookImpersonator
          58$ORBFATHER #7002 Oct 16:17 UTC Launch ↗@OrbFatherAppImpersonator's wallet
          59$RBRTO #7022 Oct 16:21 UTC Launch ↗@RobertoAgentAppImpersonator
          60$ORBIOBOOK #7032 Oct 16:25 UTC Launch ↗@orbiobookImpersonator
          61$PHA #7042 Oct 16:30 UTC Launch ↗@PhalaFoundationImpersonator's wallet
          62$ORBIOBOOK #7062 Oct 16:33 UTC Launch ↗@orbiobookImpersonator
          63$TURNY #7122 Oct 16:42 UTC Launch ↗@turnysiImpersonator's wallet
          64$ANTIREKT #7142 Oct 16:48 UTC Launch ↗@Antirekt_AgentImpersonator's wallet
          65$PEBBLE #7152 Oct 17:00 UTC Launch ↗@PebbleClickImpersonator's wallet
          66$ORDESK #7162 Oct 17:05 UTC Launch ↗@ordesk_botImpersonator
          67$ORBFATHER #7172 Oct 17:09 UTC Launch ↗@OrbFatherAppImpersonator's wallet
          68$ORBOOK #7182 Oct 17:35 UTC Launch ↗@orbiobookImpersonator
          69$TURNY #7232 Oct 18:06 UTC Launch ↗@turnysiImpersonator's wallet
          70$HTTPS86 #7262 Oct 18:22 UTC Launch ↗—Impersonator's wallet
          71$ORBIOBOOK #7272 Oct 18:34 UTC Launch ↗@orbiobookImpersonator
          72$ORBIODOG #7282 Oct 18:39 UTC Launch ↗—Impersonator's wallet
          73$ECO #7312 Oct 19:11 UTC Launch ↗@orbioeco_Impersonator's wallet
          74$MASSINK #7332 Oct 19:16 UTC Launch ↗@MaxGuruAIImpersonator
          75$ORA #7352 Oct 19:20 UTC Launch ↗@useoradotsiteImpersonator's wallet
          76$PEBBLE #7372 Oct 19:24 UTC Launch ↗@PebbleClickImpersonator's wallet
          77$ORBIOBOOK #7402 Oct 19:30 UTC Launch ↗@orbiobookImpersonator
          78$LUDI #7662 Oct 22:42 UTC Launch ↗@LudiArenaImpersonator
          79$LUDI #7672 Oct 22:50 UTC Launch ↗@LudiArenaImpersonator
          80$ORA #7702 Oct 22:55 UTC Launch ↗@useoradotsiteImpersonator's wallet
          81$FOUNDRY #7722 Oct 22:58 UTC Launch ↗@foundryxyzImpersonator
          82$ZERO #7732 Oct 23:02 UTC Launch ↗@Zerotrace_soImpersonator's wallet
          83$LUDI #7762 Oct 23:05 UTC Launch ↗@LudiArenaImpersonator
          84$ORA #7782 Oct 23:15 UTC Launch ↗@useoradotsiteImpersonator's wallet
          85$ORBFATHER #7812 Oct 23:18 UTC Launch ↗@OrbFatherAppImpersonator's wallet
          86$LUDI #7832 Oct 23:21 UTC Launch ↗@LudiArenaImpersonator
          87$HILLS #7892 Oct 23:45 UTC Launch ↗@hhillsofficialImpersonator's wallet
          88$ORA #7912 Oct 23:48 UTC Launch ↗@useoradotsiteImpersonator's wallet
          89$TURNY #7932 Oct 23:52 UTC Launch ↗@turnysiImpersonator's wallet
          90$LUDI #7962 Oct 23:59 UTC Launch ↗@LudiArenaImpersonator
          91$ORA #7993 Oct 00:04 UTC Launch ↗@useoradotsiteImpersonator's wallet
          92$FNDRY #8003 Oct 00:10 UTC Launch ↗@foundryxyzImpersonator
          93$LUDI #8013 Oct 00:12 UTC Launch ↗@LudiArenaImpersonator
          94$UMBRIS #8043 Oct 00:24 UTC Launch ↗@arsumbrisaiImpersonator's wallet
          95$LEAF #8063 Oct 00:29 UTC Launch ↗@lastleafpotImpersonator's wallet
          96$ORA #8083 Oct 00:35 UTC Launch ↗@useoradotsiteImpersonator's wallet
          97$FOMC #8093 Oct 00:37 UTC Launch ↗@FOMCxyzImpersonator's wallet
          98$FNDRY #8103 Oct 00:40 UTC Launch ↗@foundryxyzImpersonator
          99$LEAF #8133 Oct 00:44 UTC Launch ↗@lastleafpotImpersonator's wallet
          100$ORA #8163 Oct 00:50 UTC Launch ↗@useoradotsiteImpersonator's wallet
          101$FARADAY #8193 Oct 01:03 UTC Launch ↗@faradaydeskImpersonator's wallet
          102$ORA #8223 Oct 01:08 UTC Launch ↗@useoradotsiteImpersonator's wallet
          103$LUDI #8233 Oct 01:12 UTC Launch ↗@LudiArenaImpersonator
          104$ROBERTO #8243 Oct 01:17 UTC Launch ↗@RobertoAgentAppImpersonator
          105$PEBBLE #8273 Oct 01:22 UTC Launch ↗@PebbleClickImpersonator's wallet
          106$FARADAY #8293 Oct 01:26 UTC Launch ↗@faradaydeskImpersonator's wallet
          107$FNDRY #8303 Oct 01:30 UTC Launch ↗@foundryxyzImpersonator
          108$ORA #8313 Oct 01:33 UTC Launch ↗@useoradotsiteImpersonator's wallet
          109$LUDI #8323 Oct 01:39 UTC Launch ↗@ludiarenaImpersonator
          110$ORA #8333 Oct 01:48 UTC Launch ↗@useoradotsiteImpersonator's wallet
          111$TURNY #8343 Oct 01:51 UTC Launch ↗@turnysiImpersonator's wallet
          112$PEBBLE #8353 Oct 01:55 UTC Launch ↗@PebbleClickImpersonator's wallet
          113$FNDRY #8363 Oct 02:00 UTC Launch ↗@foundryxyzImpersonator
          114$ORBFATHER #8373 Oct 02:05 UTC Launch ↗@OrbFatherAppImpersonator's wallet
          115$LUDI #8383 Oct 02:10 UTC Launch ↗@ludiarenaImpersonator
          116$ORA #8393 Oct 02:14 UTC Launch ↗@useoradotsiteImpersonator's wallet
          117$FNDRY #8403 Oct 02:18 UTC Launch ↗@foundryxyzImpersonator

          What this shows, and what it doesn't

          It shows

          • One operation, inferred from the money: one hub started or topped up every leg, each new leg began with the last one's leftover ETH, and the legs' wallets paid the hub their stake or their ETH.
          • A copy earns its fees in its first minute, mostly from wallets that buy and sell within seconds, and since 1 Oct its stake can be sold minutes later: the relay has withdrawn 97.2% of its stake, and its sales paid for its next launches.
          • Dossier's wallet check now catches the relay's new copies a median 43 seconds after launch, most of them by their wallets. That is still after 97.9% of the ORBIO spent buying them.

          It doesn't show

          • Who runs it. The hub and the relay's wallets have no name attached.
          • Who the buyers are. None of the relay's 147 wallets traded its tokens, but the buyers could include other wallets of the same operator. That most of them are bots is inferred from their timing.
          • Where the ETH went. The hub sent 0.51 ETH to 0x19ba…07d6, whose function matches MetaMask's bridge router; we didn't follow it off Robinhood Chain.
          • That this is the operation of case files 001 or 003. Neither the hub nor any of the 147 wallets has a transfer with theirs, with collectors X and Y, with 0x3eac…3bc7, or with the exchange deposit address 0x9a3e…9cc0.
          • That 0x6b82…8940, the hub's first funder, belongs to the same people. The 29 Aug chain that included 0xbfbd…9847 paid it 0.1 ETH, which suggests it but doesn't prove it.
          • That withdrawing breaks a rule. Orbio's white paper lets an agent's owner withdraw its stake at any time.

          Related

          Case file 003: two collector wallets, and the day Orbio lifted the stake lock. Read it →

          Case file 002: the copies around Orbio's winners announcement. Read it →

          Case file 001: one wallet chain, 49 Orbio launches. Read it →

          $LUDI #766, traded out in 44 seconds. Read it →

          $ORBIOBOOK #689, the relay's top earner: 4,589.65 ORBIO in fees. Read it →

          The real $TRENCHES, Orbio agent #498. Read it →

          How we checked

          We started from the hub 0xcf98418a01f3111ce3c9251755acfd404503a179's full transaction list on the public explorer and from Dossier's wallet groups, and followed every plain ETH transfer between low-activity wallets, both ways. That gave 147 wallets: 141 launched, and 6 only passed ETH on, including 0xbfbd…9847, which was first used on 29 Aug. Every hub top-up, hand-off between legs, launch, withdrawal, payment, sale and transfer named here was re-read from a public Robinhood Chain node: sender, receiver, amount, and that it succeeded.

          Agents, owners and launch times are from Orbio's vault as Dossier indexed it, and every launch transaction was re-read. Fees, stake, withdrawals and conversions are from Orbio's public agents API at 06:59 UTC on 3 Oct. The ETH from each sale is the seller's balance change in that block plus gas, read from a node that serves past state; CREDIT has 6 decimals.

          Trades are Dossier's index of ORBIO moving into and out of each bonding curve, which misses some curves; each buyer or seller is the sender of the trade's transaction, read from the node. Post times are Telegram's own timestamps for the 102 posts on the relay's agents in Dossier's channel, which are up to 46 seconds later than Dossier's records; the 15 agents marked red without a post are left out of the timing figures.

          Verdicts are as of 06:58 UTC on 3 Oct, under the same rule as every verdict on this site: a token is a confirmed copy only when the real project's own X account or website lists a different contract or disowns it.

          Money-trail analysis is in preview here. It is coming to every file on Dossier. All case files →