Short answer: RYO-CHAN presale at ryochan.com collected SOL at Squads multisig address 5WzmuNt4iYqviMX7C8SvtVYxohhRaee7LTw8N9TFEe9j. Blockchain analysis documented SOL outflows to private wallets; no SPL token mint confirmed at time of investigation.

RYO-CHAN presale at ryochan.com collected SOL at Squads multisig address 5WzmuNt4iYqviMX7C8SvtVYxohhRaee7LTw8N9TFEe9j. Blockchain analysis documented SOL outflows to private wallets; no SPL token mint confirmed at time of investigation.

Website vs records

Marketing saysRecords showVerify at
ryochan.com presale with token contract listed as TBD; promises Q2-Q3 2025 exchange listingSolscan shows SOL inflows and outflows at presale wallet; no confirmed SPL token mint documented. Q2-Q3 2025 exchange listing date came and went with no token created. Presale Phase 2 still live as of June 2026.BlockchainSolscan presale wallet
30% of presale funds allocated to CEX/DEX liquidityZero SOL sent to any CEX or DEX for liquidity. Drain wallet outflows to private addresses and an XT.com hot wallet are on Solscan (including 20.99 SOL on May 3, 2025).BlockchainSolscan drain wallet 7kvU21
Initial Market Cap: 70 MIL for a token that does not existMarket cap displayed for a token with no contract address, no mint transaction, and no on-chain liquidity. Gap-fill analysis estimated 670–755 unique depositor wallets.ArchiveGap-fill report PDF (2026-06-20)

What do primary sources show about RYO-CHAN?

  • Presale wallet 5WzmuNt4iYqviMX7C8SvtVYxohhRaee7LTw8N9TFEe9j received SOL from participants; outflows traced on Solana blockchain.

  • Unverified

    Helius API gap-fill reporting from June 2026 estimated about 670–755 unique depositor wallets at the presale address. That estimate is not independently reproduced here. The same report asserted that 8,580 SOL was sent from an aggregation wallet to XT.com deposit addresses, but it identified the wallet only by the eight-character prefix 3wQj5hJH. We have not re-derived the amount from on-chain records, and the site treats the 8,580 SOL figure and the XT.com KYC lead as unverified.

  • Drain wallet 7kvU21PVKyM3ZnRXguAAbadukq7D34FRYbVjEFveC3y5 sent SOL to private addresses and to XT.com hot wallet 41uCv6a1JPwZT4pDAN4AGvPosHVx2ndkNFEFgKLzd5wx (including a 20.99 SOL transfer dated May 3, 2025), while the ryochan.com Phase 2 page remained live after those outflows.

Related records

Search terms: RYO-CHAN presale · RYO-CHAN scam · ryochan.com token