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Macalinao
Justice Department Probing Saber Labs Founders Over Solana-Based Projects: Sources
The investigation follows a CoinDesk exposé that showed Ian and Dylan Macalinao used a web of 11 pseudonymous identities to build an ecosystem of interlocking financial products around Saber.
The Macalinao Brothers Leave VC Firm After CoinDesk Exposé
Prolific crypto developers Ian and Dylan Macalinao have left their venture capital firm Protagonist VC. This comes after the Macalinao brothers used a web of secret identities to juice the value of their Solana-based DeFi project "Saber" and later pivoted to startup investing with a $100 million fund, as CoinDesk reported in August. "The Hash" panel discusses the latest fallout of the crypto industry's pseudonymous economy.
How 2 Brothers Faked a Defi Ecosystem Using Anonymous Personas
A CoinDesk investigation revealed how the Macalinao brothers used a web of bogus identities to create the illusion of a developer community, juicing value on the Saber protocol and Solana blockchain. CoinDesk Deputy Managing Editor Tracy Wang discusses the key takeaways and the impact on the future of DeFi.