Kashif

*Exposing Serious Transparency Issues in KuCoin Web3 Wallet Reward Distribution* 🚨 *I request the KuCoin Exchange Team and KuCoin CEO to properly investigate the KuCoin Web3 Wallet team* *We Want help From Kucoin Exchange* 🔗 TX Hash: 0xcc129093a9a5a093766dfc5df753d43c0e15a7503479e4ef7e4cd37f64ecc9d1 @zachxbt For a long time, the community noticed small inconsistencies in reward distributions, but during the last 2 weeks the situation became much worse and many real users suffered heavy losses instead of rewards. We tried resolving this privately through customer support, but support keeps repeating the same “bot activity” explanation without providing any verifiable proof. After detailed on-chain analysis, I believe there are major contradictions between the official event rules and the actual reward distribution. 📌 Event Reward Structure: - Total Reward Pool = 10,000 USDT - 7,000 USDT → Leaderboard rewards - 2,800 USDT → Milestone rewards - Remaining rewards → Lucky ranks & last 24h top users Leaderboard rules: - Top 1% → 40% - 1%–5% → 30% - 5%–10% → 15% However, on-chain data does not match these rules. ━━━━━━━━━━━━━━━ 🔎 PROOF #1 — Missing Rewards ━━━━━━━━━━━━━━━ For months, on-chain history shows only around 6k–7k USDT being distributed instead of the full 10k USDT reward pool. When questioned, customer support claims rewards are distributed from “multiple wallets”, but this appears false. Many community members shared their wallet histories with me, and all rewards were distributed from the same wallet, not multiple wallets. This raises a serious question: Where is the missing 3,000 USDT? ━━━━━━━━━━━━━━━ 🔎 PROOF #2 — Phase 12 Contradiction ━━━━━━━━━━━━━━━ In Phase 12: - Leaderboard rewards were distributed - But milestone winners did NOT receive milestone rewards Customer support blamed “bot activity”. But this explanation makes no sense because: ✅ The same wallets still received leaderboard rewards ❌ Yet those same wallets did not receive milestone rewards If wallets were considered bots, why were leaderboard rewards still paid to them? ━━━━━━━━━━━━━━━ 🔎 PROOF #3 — Phase 13 Contradiction ━━━━━━━━━━━━━━━ After community complaints about missing milestone rewards, the next phase showed another strange distribution pattern. This time: ✅ Milestone rewards were distributed 2800$ ❌ But leaderboard rewards were missing for almost all real users 7000 USDT According to the rules: - Top 1% should receive 40% (= 2,800 USDT) But on-chain analysis shows: - Around 70% of rewards (~4,500 USDT) went only to top wallets - Many leaderboard users received nothing Several real traders generated: - 10k–12k USDT volume - Paid 50–60 USDT fees Yet received 0 rewards. Meanwhile, milestone winners received milestone rewards only. Again, customer support blamed “bot activity”, but if those wallets were bots, then why were milestone rewards still paid to them? ━━━━━━━━━━━━━━━ 🔎 PROOF #4 — Fake / Unverifiable Winner Sheets ━━━━━━━━━━━━━━━ The published winner sheets appear highly suspicious. The sheets show: - 1,000+ users - Huge trading volumes But on-chain activity suggests far fewer real participants. For example: - If 1,000 users truly participated with high volume, - Why did only around 80 wallets receive rewards on-chain? Real users paying hundreds of dollars in fees would not remain silent if rewards were truly distributed fairly. ━━━━━━━━━━━━━━━ Blockchain transactions are public and verifiable. The community deserves: ✅ Transparency ✅ Verifiable reward distributions ✅ Proper investigation ✅ Fair rewards according to Rules @kucoincom @KuCoin_Web3 @BC_KuCoin Please investigate this matter seriously before more trust is damaged. #KucoinWeb3Scam