The WhipLash347 channel has 277,000 subscribers and the QSI channel has 30,000. There are two main Telegram hub channels that coordinate to share the fraudulent tokens – Quantum Stellar Initiative (QSI) and WhipLash347. “ were promoting pump and dumps, and this appeared to be a very large and well organized Ponzi Scheme.” WhipLash347 and the Quantum Stellar Initiative
“I am without doubt that WhipLash347, Emily, and QSI are scam artists,” Rocky Morningside, a former admin of the QSI chats, told Logically. The leaders, WhipLash347 and PatriotQakes (also active in the community under her real name, Emily Tang), capitalized on distrust in both financial institutions and mainstream media to lend credence to the assets they promoted, and bombarded their tens of thousands of followers with misinformation about crypto ventures. Combining conspiracizing with bad investment advice, the WhipLash347 and Quantum Stellar Initiative (which has no relationship with the Stellar network) Telegram channels coordinated to produce a weekly curated list of cryptocurrency assets, claiming that they had access to secret military intelligence and knew which assets were going to succeed.
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