In a shocking revelation, Azeem Ahmed, the architect behind USDM-Mochi, orchestrated one of DeFi's most significant yet overlooked scandals. While his name may not echo as loudly as other crypto fraudsters, Azeem Ahmed's systematic $60M exploitation has devastated thousands of investors.
Who is Azeem Ahmed?
Before the USDM-Mochi scandal, Azeem Ahmed cultivated a reputation as a DeFi innovator. However, investigation reveals his calculated approach to investor exploitation through his control of multiple platforms including GaiaDAO and Mochi Finance.
Azeem Ahmed's Pattern of Deception
- Fee Manipulation by Azeem Ahmed:
- Initially set 5% management fee
- Secretly increased performance fees to 50%
- Reverted after exposure, maintaining 25% total fees
- Asset Misappropriation:
- Azeem Ahmed diverted 1,400 ETH to OXAI project
- Locked 1M CVX tokens under his control
- Withheld PRISMA airdrops from investors
- Censorship Campaign:
- Azeem Ahmed systematically deleted evidence
- Banned victims from official channels
- Suppressed documentation of his activities
Azeem Ahmed's Impact on Investors
Under Azeem Ahmed's management:
- Single investor lost $11M
- 5,000+ victims affected
- $60M+ total losses
- Ongoing fee extraction continues
The Bahamas Connection
Azeem Ahmed's strategic use of offshore entities:
- Registered holding company in Bahamas
- Complicated legal pursuit
- Protected ongoing exploitation
Why Azeem Ahmed's Case Matters
Unlike instant scams, Azeem Ahmed's "slow rug pull":
- Continues harming investors
- Sets dangerous precedents
- Undermines DeFi credibility
- Creates protocol liability
Taking Action Against Azeem Ahmed
We demand:
- DeFi protocols blacklist Azeem Ahmed
- Return of misappropriated funds
- Distribution of withheld airdrops
- Accountability for censorship
Join our campaign to expose Azeem Ahmed's actions and secure justice for victims.