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Milady Maker NFT Crashes: Founder Tied With Suicide Cult

Milady Maker NFT Crashes: Founder Tied With Suicide Cult
© Copyright Image: DailyCoin.com

Over the past few days, popular NFT avatar collection ‘Milady Maker‘ has lost a majority of its value after its founder, Charlotte Fang, admitted she was the personality behind a Twitter account endorsing nazi content and extreme hate speech.  

Although Fang subsequently announced that she would be stepping back from the NFT project, the anime-inspired collection has fumbled 75% of its price since Friday, and trades at around 0.344 ETH or $675 on the OpenSea marketplace at the time of writing.

Nazi Associations

Last year the first NFTs for the Milady Maker collection were revealed as the creation of the online collective ‘Remilia’. 

Each of NFT was an avatar wearing 2000’s Tokyo street fashion, and came in different rarities. The highest tier, called “SS” raised discussion about similarities to the guard of Hitler and the nazi’s Third Reich. It seemed to be more than coincidence as some of the lower rarity avatars even wore T-shirts that included the word “Treblinka”, the name of the concentration camp built by Hitler’s nazis in occupied Poland during WWII.

Despite that, the aesthetic collection attracted high-profile investor attention. One of the avatars was sold for $45,000 and the collection as a whole reached an all-time high average price of $6.3K in April.

Ties With a Suicide Cult

Eventually, it came to light that appeared the leader and self-proclaimed CEO of Remilia was Charlotte “Charlie” Fang, who had been active on social media for some time and attracted attention of DeFillama’s analyst ‘0xngmi’ due her to ominous far-right and cult-related posts.

The personal investigation led 0xngmi to the discovery that Charlie had been hiding behind the Twitter account “Miya”, which used to share extremely racist content. The account was used to openly encouraged the murder of Jews, and the removal of voting rights from black folk. It also alleged the disturbing views that homosexuality was a disease, and that women must be “tamed”. 

Somehow, that was not the end of it, as darker revelation were made as multiple sources reported Miya’s connections with ‘SystemSpace’, an obscure suicide cult that asserts that reality is an artificial simulation, and urges people to commit suicide to get the afterlife – which they described as a cyberpunk paradise.

Born back in 2017 as an online 4chan community, the movement has been railed as an attempt to “troll people into suicide”. The reality showed that the cult was no joke, as a 17-year-old Canadian follower sadly killed himself in 2017. 

Child Grooming

Reportedly, it is not only Miya, but also other members of the Remilia collective that have racist views and ties with SystemSpace, says 0xngmi. 

According to him, Remilia members followed multiple anorexic teen girls on Twitter to groom them further into eating disorders and self-harm. 

Both Charlotte Fang and the Remilia team denied the connections and tried to hide the ties linking them with each other via a network of anonymous accounts. However, they eventually surrendered and admitted the truth on Saturday, May 21st.

“OK, full disclosure: I was Miya”, wrote Charlotte Fang, admitting that her “toxic baggage” was hurting Milady Maker’s NFT community and that she would be stepping down from the team.

She further stated that the Milady Maker NFT collection remains under the leadership of YOJIMBO KING and creative director Milady Sonoro, who designed all 10,000 of the controversial NFT avatars, and are the owners of the Milady Maker account on OpenSea. 

At the time of writting, 3,000 owners hold Milady Maker NFTs. Dozens of sales offers appear every hour, but only a few individual transactions have been completed. The average floor price of the collection is 0.27 ETH ($530) at the time of writing, and the total volume traded today is $8.1K. 

Read more: https://dailycoin.com/milady-maker-nft-crashes-founder-tied-with-suicide-cult/

Text source: DailyCoin.com

Disclaimer: Financial information and news are not financial advice, read the disclaimer.
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