BitBoy Claims to Doxx Shiba Inu Founder From Karma DAO Member List

2 mins
Updated by Ryan Boltman
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In Brief

  • Crypto influencer BitBoy says that the pseudonymous founder of SHIB belonged to a social community on Telegram called Karma DAO.
  • The member list of Karma DAO includes former FTX co-founder Sam Bankman-Fried and Unification founder Neyma Jahan.
  • Despite Jahan's claims to the contrary BitBoy asserts that Jahan is the founder of SHIB and has been hiding to protect his family.
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Crypto influencer Ben Armstrong, aka BitBoy Crypto, has claimed that Unifaction founder Neyma Jahan is the pseudonymous founder of memecoin Shiba Inu. 

Based on publicly available information, BitBoy initially said there was a tie between Sam Bankman-Fried and Shiba Inu through an OpenSea account in the name of Alameda Research.

BitBoy Claims Sam Bankman-Fried is Not Ryoshi

However, BitBoy’s sources later confirmed to the influencer that there was no link between SBF and Shiba Inu, chalking the misunderstanding up to a wallet discrepancy in Shib Inu’s early days.

He suggested that the professional networking chat group Karma DAO could reveal Shiba Inu’s founder. Furthermore, the DAO’s member index included former FTX executives Sam Bankman-Fried, Ryan Salame, and Unification founder Neyma Jahan. 

Karma DAO member index
Karma DAO Member Index | Source: BitBoy Crypto

According to Armstrong, Karma DAO incubated Project Serum, a Solana DEX that Bankman-Fried created, and Unification, a project that played a key role in creating Shibarium and ShibaSwap.

A collection of tweets from listed member Andrew Lee suggested that he knew the pseudonymous memecoin founder Ryoshi.

Plaintiffs recently sued BitBoy for claiming that he did not disclose compensation he received for promoting FTX before the exchange filed for bankruptcy in November 2022. BitBoy dropped a $200,000 defamation lawsuit against fellow YouTube content creator Atozy last year.

Unification Founder Refutes Claims

BitBoy noted that a community organizer within Karma DAO’s Telegram account had “fund” appended to their name, the ticker symbol for Unification. 

Citing firsthand screenshots, BitBoy claims that the community organizer had sent $6 billion in SHIB to Vitalik Buterin to generate hype around the token. 

BeInCrypto reported that SHIB’s founders sent Buterin the SHIB in May 2021. The Ethereum co-founder burned 90% of the tokens, saying he did not think anyone should have that concentration of power.

In a Twitter thread, Jahan denied BitBoy’s claims that the Unification CEO had business ties with Sam Bankman-Fried. He added that he had only been in the room once with the former FTX co-founder.

Despite being excited about blockchain technology, he affirmed that he withdrew from the public eye because of the attention.

Armstrong said that Jahan posted the disclaimer to deflect attention from his family because he is a SHIB billionaire.

A pseudonymous Twitter user IamT singled out four people they believe are linked with founding SHIB. These are Jahan, his partner, Andrew Lee, and Michael Song.

For Be[In]Crypto’s latest Bitcoin (BTC) analysis, click here.

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David Thomas
David Thomas graduated from the University of Kwa-Zulu Natal in Durban, South Africa, with an Honors degree in electronic engineering. He worked as an engineer for eight years, developing software for industrial processes at South African automation specialist Autotronix (Pty) Ltd., mining control systems for AngloGold Ashanti, and consumer products at Inhep Digital Security, a domestic security company wholly owned by Swedish conglomerate Assa Abloy. He has experience writing software in C,...
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