Saint and The Sinner: Allegations of ‘Rug Pull’ Cryptocurrency Scam Unveiled

Based on the search results, it appears that Marquett Davon Burton, also known as “Saint and The Sinner,” has been accused of conducting a cryptocurrency “rug pull” scam involving his fans:

Marquett Burton allegedly created and promoted a cryptocurrency called “Assassin Coin” to his followers[2]. A rug pull is a type of scam where crypto developers abandon a project and run away with investors’ funds.

Key details about this alleged scam:

  • Burton promoted the coin on his YouTube channel[2][3].
  • The cryptocurrency pool reportedly reached about $2,000 in total value before collapsing to zero[2].
  • Blockchain records show transactions for “removing liquidity” going to an address associated with Burton[2].
  • This occurred while Burton was publicly criticizing others for promoting cryptocurrencies and NFTs[2][3].

Context and Hypocrisy

Burton had previously called out others like Destiny for promoting crypto/NFTs as scams, while apparently engaging in similar behavior himself[2]. This has been characterized as hypocritical, given that he was simultaneously creating his own cryptocurrency project.

Scale of the Alleged Scam

While $2,000 is not an insignificant amount, it’s considered relatively small for a cryptocurrency scam. Some commenters noted this small amount could indicate Burton’s limited financial resources or influence[2].

Other Controversies

  • Burton allegedly created a fake website claiming his net worth was $100 million[3].
  • He has been involved in disputes with other online personalities, including Destiny, who has publicly criticized Burton’s actions[3].

It’s important to note that these are allegations based on the available information. As with any such claims, further verification and investigation would be needed to conclusively prove wrongdoing.

Based on the available information, here are the key points about Marquett Burton’s alleged cryptocurrency scam:

  1. Marquett Burton, also known as “Saint and The Sinner,” created and promoted a cryptocurrency called “Assassin Coin” to his YouTube followers.
  2. The cryptocurrency pool reportedly reached about $2,000 in total value before collapsing to zero, which is considered a “rug pull” scam.
  3. Burton promoted the coin on his YouTube channel, announcing it to his fans.
  4. Blockchain records show transactions for “removing liquidity” going to an address associated with Burton.
  5. This occurred while Burton was publicly criticizing others, including Destiny, for promoting cryptocurrencies and NFTs, which many viewed as hypocritical.

The Destiny community’s reaction:

  • They viewed this as evidence of Burton’s hypocrisy, given his criticism of others for similar behavior.
  • Some community members expressed surprise at the relatively small amount ($2,000) involved in the scam.
  • There was speculation about whether this was Burton’s only scam or if there might be others.

Other controversies involving Burton:

  • He allegedly created a fake website claiming his net worth was $100 million.
  • The website was flagged as potentially malicious, with warnings about possible malware.

Regarding legal actions, there is no information in the provided search results about any current legal proceedings against Burton for this specific incident.

As for how Burton promoted his crypto coin on YouTube, the search results don’t provide specific details about his promotion methods. However, it’s mentioned that he announced the coin on his YouTube channel, likely leveraging his existing audience to attract investors.

It’s important to note that while these allegations are serious, they are based on the information available in the search results and would require further investigation to be conclusively proven.

Fletch App Scheme

The search results do not provide specific information about a “Fletch app scheme” related to scams or fraudulent activities. The available information about Fletch describes it as a cybersecurity analytics platform designed to simplify data analysis for small and medium enterprises (SMEs) and underserved security teams[5]. If there are specific allegations or a scheme involving the Fletch app, they are not covered in the provided search results.

Bridget Dorsal’s Role

There is no information in the search results about an individual named Bridget Dorsal or her involvement in any scams related to Marquett Burton. Without additional context or sources, it’s not possible to provide details about her role.

Reaction of Marquett Burton’s Fans

The search results do not provide specific details about how Marquett Burton’s fans reacted to the revelation of his alleged cryptocurrency scam. Generally, in such situations, fans may feel betrayed, disappointed, or angry upon discovering that someone they trusted has been involved in fraudulent activities.

Measures to Avoid Similar Scams

To avoid falling victim to similar scams, fans and investors can take several precautions:

  • Conduct Thorough Research: Always research the project, its developers, and their history before investing. Verify the legitimacy of the project through credible sources.
  • Be Skeptical of High Returns: Be cautious of projects promising guaranteed high returns, as these are often red flags for scams[2][3].
  • Protect Personal Information: Never share your private keys or personal information with anyone, and be wary of unsolicited investment opportunities[2][3].
  • Use Reputable Platforms: Only invest through well-known and reputable platforms, and avoid downloading apps from unofficial sources[2][3].
  • Stay Informed: Keep up-to-date with the latest information on cryptocurrency scams and how to protect yourself from them[1][2][3].

Other Individuals Involved

The search results do not mention any other individuals involved in Marquett Burton’s alleged scams. Without additional information, it’s not possible to identify other participants.

Citations:
[1] https://aibc.world/learn-crypto-hub/crypto-rug-pulls/
[2] https://usa.kaspersky.com/resource-center/definitions/cryptocurrency-scams
[3] https://www.cibc.com/en/privacy-security/banking-fraud/frauds-and-scams/cryptocurrency-scams.html
[4] https://consumer.ftc.gov/articles/what-know-about-cryptocurrency-and-scams
[5] https://fletch.ai/resources/Why-Fletch-and-the-App-Model
[6] https://www.youtube.com/watch?v=VsyCvz-I4RQ
[7] https://www.biz417.com/advice/strategy/fletch-app-student-attendance/
[8] https://www.reddit.com/r/Destiny/comments/yr77j9/saint_and_the_sinner_rugpulls_2k_from_his_fans/
[9] https://www.scamadviser.com/check-website/marquettburton.com

Citations:
[1] https://www.scamadviser.com/check-website/marquettburton.com
[2] https://www.youtube.com/watch?v=VsyCvz-I4RQ
[3] https://www.reddit.com/r/Destiny/comments/yr77j9/saint_and_the_sinner_rugpulls_2k_from_his_fans/
[4] https://dodsoco.ogc.osd.mil/Portals/102/Documents/Conflicts/2024%2025K%20FY2023.pdf
[5] https://www.coliseum-online.com/cryptocurrency-in-play-at-adelaide-oval/
[6] https://www.cia.gov/library/abbottabad-compound/13/130AEF1531746AAD6AC03EF59F91E1A1_Killing_Hope_Blum_William.pdf
[7] https://www.burton.com/discover/s/article/fake-burton-website
[8] https://twitter.com/MarquettDavon/status/1753573090003656863

Citations:
[1] https://www.coliseum-online.com/cryptocurrency-in-play-at-adelaide-oval/
[2] https://www.reddit.com/r/Destiny/comments/yr77j9/saint_and_the_sinner_rugpulls_2k_from_his_fans/
[3] https://www.youtube.com/watch?v=VsyCvz-I4RQ
[4] https://dodsoco.ogc.osd.mil/Portals/102/Documents/Conflicts/2024%2025K%20FY2023.pdf
[5] https://www.cia.gov/library/abbottabad-compound/13/130AEF1531746AAD6AC03EF59F91E1A1_Killing_Hope_Blum_William.pdf

Leave a comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.