The Binance address behind Sahil Arora's Ansem receipt got 99% of its SOL from his own wallets

01 · The receiptsSahil Arora's receipts for paying Ansem

On 6 November, a crypto promoter posted a screenshot of a payment from May 2024. It showed 129.5 SOL leaving his account. He said the money paid Ansem, one of crypto's best-known traders, to push a star's coin. Ansem replied that he had never dealt with him.

The promoter is Sahil Arora, who posts as @villainmonkey. In May and June 2024 he helped launch memecoins tied to Caitlyn Jenner, Jason Derulo and other stars. A memecoin is a token with no business behind it that trades on hype. Caitlyn Jenner later said he had scammed her, and the rapper Rich the Kid said Sahil hacked his X account to push a coin, as Cointelegraph reported.

Ansem, who posts as @blknoiz06, is a trader with a big following who calls memecoins in public. In crypto he is a KOL, short for key opinion leader, someone whose posts can move a coin's price.

Sahil's claim is simple. He says he paid Ansem, and Ansem pushed his coins. "Every single celeb launch that happened had a txn go out to my twin," he wrote. He calls Ansem his twin. Ansem replied in one line, "no i have never done anything with sahil".

Bitquery indexes every transfer on Solana, so we traced the ones Sahil posted and the wallets on both sides. No transfer from Sahil's wallets reached the wallets he says are Ansem's. The 129.5 SOL went into a Binance account that Sahil's own wallets had filled since January. Eleven days later the same account took 663 SOL from Sahil's presale for a fake Iggy Azalea token, an early sale whose buyers never got their tokens. One limit applies throughout. A payment between two Binance accounts happens on Binance's own books, so the chain cannot rule one out.

02 · How it worksHow to read a Solana receipt

An exchange gives each user their own deposit address, a wallet that belongs to that one account. Money sent there soon moves to the exchange's hot wallet. That is the big wallet it collects deposits into and pays withdrawals from. So anyone who pays the same deposit address is paying the same user.

Withdrawals, or payouts, work the other way round. They come out of a hot wallet that pays thousands of people, so they tell you only which exchange paid. Only the exchange knows whose account the money left.

Sahil's coins launched on Pump.fun, a site where anyone can create a memecoin in a minute. Some launches start earlier with a presale, where people send SOL to a wallet before the token exists and expect a share of it when it launches. Wallets that buy in a token's first seconds are called snipers, and launch teams often snipe their own coins.

We count a wallet as part of Sahil's group when it shares an exchange deposit address with his main wallet. Six wallets pass that test, and one of them uses the Pump.fun profile name "sahilsays". A deposit address belongs to one account, so we rate the six as one owner with high confidence.

03 · The receiptThe 129.5 SOL went to an account Sahil kept filling

Sahil's wallet sent the payment just after midnight UTC on 28 May. The address that got it shows a Binance icon on the block explorer, as @ThePrayasu pointed out. In our labels it is a Binance deposit address, and it passed each coin it got on to Binance's hot wallet.

That address took in 2,583 SOL in its life, from January to June. Sahil's group sent 99% of it. His main wallet alone paid it six times in the week around the "payment". The "sahilsays" wallet paid in during April, a month before JENNER.

We found no transfer between Sahil's six wallets and the two he says are Ansem's, in any token or direction. The timing is wrong as well. Sahil wrote that the money left "moments before" Iggy Azalea launched her coin, $MOTHER. Her token came 20 hours and 32 minutes later.

04 · The presaleA memecoin presale that paid the same Binance account

In late May, Sahil told his Telegram chat that Iggy Azalea would launch a coin with him. Then he posted a wallet for a presale. Decrypt reported that buyers sent about $380K and never got tokens. Iggy launched her own coin, $MOTHER, and said she was not working with him.

The presale wallet took its first payment at 21:51 UTC on 27 May. Within 15 seconds, 84 wallets had paid in. By 1 June it held 3,104 SOL from 1,149 wallets, and half of them sent just 1 SOL.

The wallet had no SOL of its own before the sale. On 8 June it sent 663 SOL to the Binance address from Sahil's receipt. Decrypt reported that transfer in July. Two years later, Sahil posted an earlier payment into the same address as proof that he paid Ansem.

Most of the rest went to a Poloniex address that Sahil's other wallets also use. The buyers got 4 SOL back in all. None of Sahil's wallets sent them a single token that year.

05 · The launchTwo wallets took 30% of the fake IGGY token in 25 seconds

Iggy's real coin, $MOTHER, went live at 21:00 UTC on 28 May. Seventy-three minutes later a token called "Iggy Azalea" appeared on Pump.fun. Sahil posted its link to his Telegram chat, Decrypt reported. Two minutes before the launch, Binance sent the same small sum to two wallets. One of them created the token. Within 25 seconds the other one, and Sahil-group wallet AFbEzm, had bought 30% of the supply.

Both sold into a rush. In the first 35 minutes 5,678 wallets bought IGGY, and 234 of them had also paid into Sahil's sale. AFbEzm turned about 12 SOL into 538 SOL with one sale into the token's Raydium trading pool. That took 13 minutes. The other wallet took 517 SOL in five sells, then sent 325 SOL to AFbEzm. That night the token's creator sent 27.3 SOL to Sahil.

Decrypt reported that IGGY fell from a $1.35M market value to $160K within the hour. In August 2024 the data firm Bubblemaps looked at Sahil's launches, according to a Coin-Turk summary. It found that he controlled more than 40 addresses and usually held 25% to 40% of a coin's supply. He sold as the hype lifted the price. The IGGY launch shows the same early grab of supply.

06 · Ansem's walletsAnsem's "exchange withdrawals" came from HitBTC and Binance

Sahil also posted two withdrawals into a wallet he calls Ansem's sub-wallet. They add up to 504.5 SOL, on 25 June, two days after Jason Derulo's JASON launched. That wallet then sent 377 SOL on to the one he calls Ansem's main wallet. The amounts and signatures match the chain. Our labels don't tie either wallet to Ansem. That link comes from Sahil.

The two payouts came from two exchanges. One left a HitBTC hot wallet that pays thousands of people. The other left a payout wallet that Binance's hot wallet topped up 215 times. Both had already paid that wallet in May, before JENNER and $MOTHER existed.

That leaves one route open. Say Sahil moved money from his Binance account to an account of Ansem's inside Binance. The chain would look exactly like this. One of Sahil's own posts points there: "Also, @cz_binance can help doxx". Only Binance's records can settle that, though anyone can follow the public side with the Bitquery MCP.

07 · The other KOLs"Every KOL": what Sahil's wallets show

Sahil says the KOLs "were all paid minions, every KOL". So we checked his six wallets against the 84 wallets on Kolscan's public leaderboard of KOL traders. We looked at SOL, USDC and USDT, both ways, and Sahil's wallets sent them nothing.

One transfer ran the other way. The wallet Kolscan lists as Latuche sent 1 SOL to the IGGY presale, 15 seconds after it opened, like 1,148 other buyers. Kolscan lists the wallets KOLs trade from today, so a payment to an older wallet would not show up.

In June and July, Sahil made 197 sends of about 10 SOL each. They look like payouts. They were mostly buys: 173 of them went into Pump.fun tokens.

Money did flow to Sahil from three wallets that launched star coins. Their Pump.fun profiles are named "caitlyn", "jasondevv" and "showmaster", and they created JENNER, JASON and a KatyPerry token. Together they sent him 564 SOL.

Sahil bought two of those tokens within five minutes of launch, and he funded "showmaster" two minutes before its first coin. Each wallet went on to create dozens of other coins, and in February 2025 the "caitlyn" wallet made one called Broccoli, just as a thread on X had claimed. They look like launch wallets that Sahil or his team ran. We rate that as moderate.

Sahil now says he "Paid in USDC". The biggest stablecoin transfer out of his wallets was 32,226 USDC. It went out in two parts on 11 July into an Allbridge pool, a bridge that moves coins to other chains, and we did not trace the other side. The same thread on X says Sahil once claimed Ansem got $100K to host a Twitter Space for Davido's coin. We did not check the DAVIDO launch wallets.

Sahil also says Asian traders got Ansem's own token early in private deals. Our four-month $ANSEM report covers the nine wallets that got its first 50 million tokens, but neither report can see whether they paid.

08 · What is leftDid Sahil pay Ansem? Only Binance can say

Each receipt Sahil has posted leads back to accounts his own wallets fed. The payment went into a Binance account that also took his presale money. Exchange wallets that pay thousands of people paid Ansem's side. Neither proves a payment. Neither rules one out.

Two things could change that. Binance can see who owns the address, and whether it ever paid an account of Ansem's. And Bubblemaps says it will soon expose "one of crypto's largest KOLs", while Sahil says his evidence will go to Bubblemaps. Until then, the record on-chain shows Sahil's money moving between his own accounts, with his buyers' money moving alongside it.

We read each transfer from Bitquery's Solana data and checked the key ones on a public node. Memecoin launches like these leave a clear trail of who profits. The full Solana history is also sold as files, as the Solana dataset on the Bitquery Data Store.

The record

FAQ

Did Sahil Arora pay Ansem?

We found no on-chain payment. The 129.5 SOL that Sahil posted went into a Binance deposit address that his own wallets and his IGGY presale filled, and no transfer links his wallets to the wallets he calls Ansem's. A transfer inside Binance would not show on-chain, so Binance's records are the only way to settle it.

Whose Binance account got the 129.5 SOL?

The chain cannot name the owner. Sahil's own wallets sent 99% of all the SOL that address ever received, and his IGGY presale wallet sent it 663 SOL. That makes Sahil's own account the most likely owner, with moderate to high confidence.

What was the Iggy Azalea IGGY presale?

In May 2024 Sahil collected SOL from more than a thousand wallets for an Iggy Azalea token that the singer said she was not part of. Buyers sent about 3,100 SOL and never got tokens. A token called Iggy Azalea launched on Pump.fun on 28 May and lost most of its value within an hour.

What is a KOL in crypto?

KOL stands for key opinion leader. In crypto it means a trader or influencer whose posts move prices, often for memecoins. Sahil says many of them took payments to promote coins without saying so.

Did the wallets Sahil calls Ansem's get money from exchanges?

Yes. A HitBTC hot wallet and a Binance payout wallet paid them, in May and June 2024. Those exchange wallets pay thousands of customers, so the withdrawals do not show who sent the money.