Последние посты
Rivol Research
27 июл., 10:38
I have submitted the evidence behind my RSquad investigation to the Swiss Federal Supervisory Authority for Foundations. The submission includes eight PDF reports documenting 11 verified transfers totaling 2.64M USDT and 1.25M GRAM, wallet attribution, andRivol Research
18 июл., 19:21
How TON Ecosystem Reserve legitimized 531M TON mined by Telegram's orbit under the guise of a "community donation"On April 7, 2022, TON Foundation launched TON Ecosystem Reserve under a 3-of-5 multisig, promising TON product integrations, community growth, and partnerships. On April 21, an official TON channel called it a record $1B raise and thanked whales who gave TON "without asking for anything in return."This was not a broad community raise. Nineteen Large Giver miner wallets in a linked cluster contributed 420.32M TON directly. Another 17 linked wallets sent 106.9M to Reserve. Fifteen transferred at least 99.99% of their balances, while two sent 98.98% and 98.89%. Another wallet contributed 4M after receiving 29.27M from a Large Giver miner. The same miner funded an early TON-project payout wallet. Together, 37 linked early-mining wallets supplied 531.22M TON - 99.99% ofRivol Research
17 июл., 14:03
Как развиваются обновления TONЧтобы обеспечить техническое превосходство TONRivol Research
16 июл., 09:04
How TON Foundation extracted $4.66M through RSquad From Jan 17, 2025 to Jun 19, 2026 TON Foundation sent at least $4.66M to one public RSquad wallet: $2.64M USDT and 1.25M GRAM worth $2.022M when transferred. Earlier addresses and connected wallets are notRivol Research
15 июл., 17:57
How TON Foundation extracted $4.66M through RSquadFrom Jan 17, 2025 to Jun 19, 2026 TON Foundation sent at least $4.66M to one public RSquad wallet: $2.64M USDT and 1.25M GRAM worth $2.022M when transferred. Earlier addresses and connected wallets are not included.TON Foundation repeated one cycle three times: when an RSquad product failed to launch, stopped updating, or left TON infrastructure, the same team received the next project. TON BTC Teleport remained on testnet - TON Pay followed. TON Pay stopped moving - Rust Node followed. After the largest transfer, 1.25M GRAM ($2.022M) on Jun 19, the team shipped node/v0.9.0, the final release. Five days later TON removed all ten Rust Node pages from its official documentation.During TON BTC Teleport and TON Pay development RSquad received $2.09M from TON Foundation. No product split was disclosed. Bitcoin bridge development stoppedRivol Research
8 июн., 09:12
Few people realize just how decentralized TON is. - Pavel Durov, replying to Chainspect's post about TON "decentralization"Yes, Pavel. Few do. And you would prefer it stayed that way. Because the moment people stop counting validators and start tracing the money, "decentralization" collapses into one circle that holds the network. And that circle is you. The whole thing holds together only as long as few look.Rivol Research
7 июн., 19:51
Telegram's orbit controls two thirds of TON stake - three quarters with its affiliated whales. Genuinely independent money: 8.6%. ton.org sells it as the #2 most decentralized chain.Durov calls TON "one of the most decentralized blockchain networks on the planet", ton.org front-pages "#2". I traced 100% of the foundation's own staking dashboard on-chain. Table:The orbit. Ton Strategy, NASDAQ vehicle of ex-foundation-president Manuel Stotz, holds 27.7%, Telegram's own treasury wallet - 19.4%. Two owners - 47%, enough for a third - and they move as one circle: honest Nakamoto, 1. The trace is worse: Telegram's real footprint is 30.3% - treasury-funded wallets under other flags: a third of Kiln's deposits (6.86M, 5.43M, 5.03M, 4.76M TON in May 2025 to fresh wallets - right into Kiln) and an unlabeled group - 82% treasury-funded (11.1M at link). Add Stotz's TONX and TOP - which holdsRivol Research
5 июн., 09:51
tonmate.pro: someone is building a "TON treasury on NASDAQ", and the timing points to the Telegram orbitI came across tonmate.pro while going through TON-related domains. Its header: "The TON Foundation-Aligned, UAE-Backed Treasury," and below it "Traded on NASDAQ." Let me explain what that actually means and why it caught my eye.A "treasury traded on NASDAQ" is a specific model: a public company that holds a crypto asset on its balance sheet, so investors buy its stock to get exposure to the coin. TON already has one, TON Strategy (NASDAQ: TONX), Stotz's vehicle, which proves the model is real. tonmate aims at the same model but brands itself differently: "UAE-Backed", tied to the United Arab Emirates, the exact jurisdiction Vernham declares and the same orbit the entire Gram rebrand is structured through. So it isn't just copying TONX, it's pointing at the Gram/UAE side of this.TRivol Research
2 июн., 07:56
Telegram is renaming Toncoin to GRAM. Here is what the announcement leaves out. On 1 June Pavel Durov announced it: TON's native currency is becoming Gram, ticker TON to GRAM, step 4 of 7 of MTONGA. The network keeps the name TON, no swap, no migration, yourRivol Research
1 июн., 18:50
Telegram is renaming Toncoin to GRAM. Here is what the announcement leaves out.On 1 June Pavel Durov announced it: TON's native currency is becoming Gram, ticker TON to GRAM, step 4 of 7 of MTONGA. The network keeps the name TON, no swap, no migration, your balance is unchanged (10 TON becomes 10 GRAM), transition in about 3 weeks. He linked the new page, gram.org. The same day the official Toncoin channel opened a one-week community vote on TON Vote, weighted by TON balances.I traced this from public records a week before. The trademark, the shell and the lawyers were already on the record, and my findings are archived with dates before 1 June (links at the end). This is about the part the announcement does not mention: who assembled the name, and how.8 Sep 2025: a BVI shell, Vernham Group Inc, bought the GRAM trademark from Lantah Co (USPTO reel 9184/0626). Three registriesChannel created
25 мая, 19:33
О канале
Rivol Research является каналом, который занимается расследованиями и анализом TON экосистемы. В последних постах канал упоминает о расследовании, связанном с TON Ecosystem Reserve и Telegram, а также о действиях Федерального надзорного органа Швейцарии по отношению к TON Foundation.
