PANews|Oct 18, 2026 09:04
[Specter Retweets Warning to Community About InfoFi Project BILL Suspected Scam, Token Price Plummets 97% from Peak]
On-chain investigator Specter retweeted a post on the X platform, warning the community that the InfoFi project BILL is suspected to be a scam. Reportedly, the price of the Billion (BILL) token has dropped approximately 97% from its historical peak. Over the past two months, 17 wallets associated with the project team have transferred approximately 988 million BILL tokens to Bybit. Additionally, an independent deposit address transferred 360 million BILL tokens to Bybit this week. These tokens originated from the project's team multisig wallet.
Statistics show that approximately 1.35 billion BILL tokens have flowed into Bybit over the past two months, accounting for about 13.6% of the total token supply, with an estimated value of around $15 million. The project team had previously raised $30 million in funding from venture capital institutions.
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