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Master of Anons: How a Crypto Developer Faked a DeFi Ecosystem

The Macalinao brothers used a web of bogus identities to create the illusion of a dev community, juicing value on the Saber protocol and Solana blockchain. Now they're moving to Aptos.

Updated Apr 9, 2024, 10:56 p.m. Published Aug 4, 2022, 7:00 p.m.
Ian Macalinao is one half of the Saber brothers (Danny Nelson/CoinDesk)
Ian Macalinao is one half of the Saber brothers (Danny Nelson/CoinDesk)