Jproof! (Went J Poof)
Note: Some of those actors involved in this scam have their own dossier page – Here
Especially the creator: Stew Peters Coleman (Mickelberg) – POSER JEWNAMER, Liar, Pedojacketing, Grifting, Violent, Thieving Fraud
On Oct 7th, 2025 Sulaiman hosted a X space to address allegations against Stew Peters, moderated by Dan Bilzerian and plaintiff was Lucas Gage (not our best debaters/thinkers…)
First part (up until AK joins) LUCAS GAGE V STEW PETERS – IS JPROOF A SCAM? w/ DAN BILZERIAN
The Public Opinion Trial of Stew Peters over Jproof Scam FULL (Download Full video and broken down clips HERE)
100k Liquidity Drain – Jproof Scam Investigations: Stew Peters MASSIVE 100k Liquidity Scam (Huge % of Total Money In) PONZI
100k Liquiduity Drain Rug – Huge percent of Jproof Liquidity
30k Mystery Buyer (Insider Whale?) – Jproof Scam Investigations: 30k Mystery Buyer (Insider Whale?) DID THEY GET FREE JPROOF TOO!?
JQR Allies caught in Lies – Jproof Scam Investigations: JQR’s Trillion LIED about Deleted (Gold Leaf Steak Mid Famine) Spaces
Stew Caught without Evidence – In Lies, remembers he has to go..
Stew Caught In Lies Over Shitcoin Gambling in Jproof – Bolts
Stew Peters Used Jew Solana for Jproof. Jews Want Your Sols
Stew Peters Caught Dissembling with Conflation – Lying
Illegal promotions of JProof by Stew Peters – False Promises
Stew Caught Lying About Lucas Working With Jews (Trust Stew or YOU A JEW)
Stew Slips – “Other Rug Pulls”
Lucas Gage Calls Out Jew Peters Many Lies on J Poof
Stew Insider Buyers Connected To Insiders
Stews Story Changes – Here he says Nobody Knew pre Launch
Apparently Stew Didn’t Actually Fire The Phony Market Maker
Stew Caught Draining Liquidity in Fees after promising reinvestment
Carlos Cortez & Stew Peters – Partners in J Poof and Sponsorship – Liquidity Lies
Stew Peters Caught Lying About Profit Taking & More
Stew Keeps Deflecting From Point – Insider Trading LP Awards Profit Taking
Trillion Caught in Lies – Panicks. Denies 30k REPLACEMENT
Stew’s Conflicting Stories – Intermingling Funds J Poof
Stew Caught Intermingling Funds J Poof
Stew insider wallet interactions j poof
Stew Peters Caught In Insider Wallet Interaction – J Poof
Stew Peters Caught Lying About Selling Jproof – Violating Securities Laws
Stews Story Changes – Here he says Nobody Knew pre Launch
Stew Peters Used Jew Solana for Jproof. Jews Want Your Sols
Stew admitted he sent jproof to Wulf, Caulin, and Uncensored at JQR Radio – They lied the whole time, and were in fact part of this crypto scam rug pull being paid or gifted to by Stew Peters
Jproof Scam Investigations: Stew Peters Admits to Paying Caulin, Wulf, Uncensored @ JQR Radio
30k Mystery Buyer JQR Guys Possibly
Stew Peters Admits to Paying Caulin, Wulf, Uncensored
Trillion Caught Lying over Deleted JQR Spaces (Jproof Gold Leaf Steak Spaces)
The Mo Khan Giveaway
Public Service Announcement JPROOF SHITCOIN PUMP N DUMP (Stew Peters Coleman, Lucas Gage, etc)
“$JPROOF by
@realstewpeters
is officially a scam token
I called this project at $3M MC and it sits at $36M MC
✡️ I soent weeks shilling for this token and made several images for the project, as well as defended against FUD because I trusted Stew and the team at
@JPROOFCoin
After careful consideration from concerns brought up by
@Delko_Radio87
and
@funkmachine__
who had the BALLS to express their concerns about potential fraud within the project on
@JQRADIO247
when STEW PETERS was present, me and my team spent days looking into these concerns further
The team was calculated in their scamming efforts, even evading all the previous concerns brought up by
@burkeanorder
in his amazing thread
https://x.com/burkeanorder/status/1921929036428685700
That revealed all of the possible ways this token could be scammed, I still was in denial
However, today 06/02/2025, the team exposed themselves by taking 3M $JPROOF tokens from the Market Maker wallet (which contained originally 20M tokens transferred directly from Stews wallet) Website link below
20M tokens to MM wallet
https://solscan.io/tx/2KDhwwWcrh1s91t7rK8Q763i4vgWd3kPBkr2J1xnfFUQNLhefiH8NLqGLoVpQS5rMVGmtmXuQr3A7ZNfCAxGdqxW
Upon questioning the team about the subsequent 25% dip in price today, they admitted the following (see pics) although they deleted me from the Telegram and the questions I was asking.
“Where did the 3Million $JPROOF come from that was paired to the $10k in SOL in the new pump swap LP?”
“Where is the transaction for the “BUY” of the 3M $JPROOF to pair with the SOL to create the pool as suggested by BB today that “anyone can buy JPROOF and create a pool”?
At this point they just banned me from the TG and deleted my messages, although these retarded MFs forgot to delete their own incriminating responses to my questions, which my homie was able to screenshot quickly.
These screenshots reveal:
• Stew Peters transferred 20M tokens to a “market maker wallet” or so they called it
• 3M $JPROOF was taken from that wallet and paired with $10k in $SOL and added to a new LP without any notification to the community
• Insiders aware of this pairing sniped this supply and immediately sold for ~$60k profit
• The team LIED about the LP being locked
• The team LIED about the contract being immutable
• The team LIED about “buying” this supply (see pics) and instead took these directly from the MM wallet which was a direct trasnfer from Stews wallet
• Stew has been silent on this while collecting tens of thousands of dollars of his community who most of which are much less rich than he is”
Even Lucas Gage turned on Stew Peters over this, confronting him in DM
Meet the insiders:
Insider #1 – AKA The Market Maker – Or Stew’s Buddy Andrew who bought JProof less than 30 minutes after Stew created it
Insider #2: Bought over 1 million JProof within 1 hour and 40 minutes after creation for $108 and sold 500,000 six days later for $22,407.
Insider #3: Bought JProof within 3 hours of its creation, has been selling tops, making large profits along the way. These buys came before Stew publicly announced it on Twitter over a day later.
Insider #4: Carlos Cortez, bought JProof 24 hours before Stew’s public announcement on Twitter.
This guy works with Stew Peters, he’s got about 25 complaints against him with the SEC. He’s caused a lot of people to lose money – https://www.carlsonlaw.com/carlos-cortez-oldsmar-advisor/
Insider #5: Bought JProof hours before Stew’s announcement on Twitter and made tens of thousands of dollars in profits, even dumping a $100,000+ sell onto the community.
Stew sent a total of 20,950,000 JPROOF valued at $1.14 million to his “Professional Market Maker” and received back 13.6 million JProof worth $346,300. Would Stew like to account for all the missing 7.35 million JPROOF and $800,000?
Stew’s “professional” (Andrew) who ran the Market Maker wallet, admitting he fucked up.
ALSO
These are the wallets that bought JProof before Stew announced it on Telegram on April 12, 2025 at 4:48 UTC:
1. Stew creates JProof on April 11, 23:15 UTC
https://solscan.io/tx/33EC7Kf6Xmnf8UMckLW5sgxJuxEhN7XSikKyZg1sTPcDG6UUJ9u8c6RsHXP8zq3Sn3B5pW9AN9gPjUd1WifYtv1o
2.Andrew/MM buys April 11, 23:35 UTC
https://solscan.io/account/7h2KXM9DwPSzRLPeEbg7DZfFmaAVhVyVj7MwrHjhMKcj
3. Unidentified insider buys on April 12, 00:20 UTC, 1.1k swaps on JProof over 1 month, so very active; fully exited May 9
https://solscan.io/account/GXcNAzC7pYjWAVwo5QyqCbPetbTNUoR1MdMKZgu4J6Gh
4. Another unidentified insider buys at 0:36 UTC; 70 swaps, fully exits May 19
https://solscan.io/account/77i7gPB7ny14jbYZN6phi9TGLCZRZGagAhYYgeYFRL2W
5. Unidentified insider at 0:55 UTC, wallet still active 23 days ago, 67 swaps
https://solscan.io/account/E3EBYdmyCmYXuk5URGRstqRKy4mWAybqN4pC9bUd3yA8
6. Cortez buys JProof at 1:46 UTC
https://solscan.io/account/LoT3yLKm7zvrQNSgxiiEQ8RbVHgF3XzP5QYBLj8zknQ
7. Another insider wallet bought at 2:03 UTC
https://solscan.io/account/FSBxoF
The Network
Carlos Cortez
Exhibit A – Rental Property:
Previously listed for rent at $3,500 per month until last week, when the listing was removed.
Current estimated value: $580,000.
Exhibit B – Gated Mansion (Primary Residence):
Purchased in 2022 amid the BCCCOM Crypto scandal. Instead of compensating the victims of his theft, Cortez was purchasing luxury homes and SUVs.
Current estimated value: $1.7 million.
Exhibit C – Condominium (Likely a Flip):
Purchased only two weeks after the launch of the JProof scam.
Current estimated value: $280,000.
From Watchdog
I hope you’re doing well.
Attached is the PDF containing our ongoing investigation and the latest troubling discoveries. Please review all the evidence carefully and don’t hesitate to reach out if you have any questions or need clarification.
As you’ll see, we are working very hard and will remain fully committed to uncovering the truth and ensuring justice for the victims as well as the broader community.
Thank you for your time and attention. Wishing you a great day.
Warm regards,
Paula
Follow-up Letter for Mr. Gage on Carlos Cortez Jproof Involvement - from Watchdog
You were CC’d on this email because, as an investigative journalist yourself, I knew you’d appreciate the depth of research and documentation involved.
We truly need all the help we can get in exposing those who harm others. With your platform, Mr. Gage’s reach, and AK’s social presence, your voices are incredibly important in ensuring this information reaches the public. While some mainstream outlets are already investigating the story, and government authorities are being notified, amplification from independent journalists and influencers like yourselves is crucial. Others who have reported on Cortez through Reddit, X, and Bluesky have already received hundreds of thousands of views and overwhelmingly positive feedback.
When you publish your exposé, Dustin, please send us the link so we can log and archive it on our end.
Thank you again for everything you do.
Btw, your prior research you sent us on Peters and Cortez was invaluable – many of your findings directly helped us uncover the additional information included in our PDF report to Mr. Gage that we have released to the Media and the Government Organizations.
Wishing you a great day, and yes, go right ahead and publish!
Paula
Update from Watchdog
You’re not going to believe how deep this goes. We finally tracked down the records — seven separate lawsuits filed right in Pinellas County while Cortez was living there. Every one of them tells the same story: same methods, same language, same cycle of deception. It’s the exact same playbook he’s running right now.
Here’s the pattern that shows up across all seven complaints:
-
Recruitment through retirement seminars that specifically targeted older, vulnerable and retired investors (teachers, widows, etc) – NO SHAME.. NONE!
-
Promises of “no risk” and “guaranteed high returns” through a supposedly regulated crypto platform called BCCOMM (you’ve seen the name before, but not the details)
-
Cortez presenting himself as an independent fiduciary while claiming he’d personally invested hundreds of thousands of his own money to make the deal look safe.
-
Clients wiring funds directly to third-party accounts that had nothing to do with legitimate investment custodians.
-
Fabricated account dashboards and performance reports showing fake gains to keep the money flowing in.
-
Complete failure to disclose the 10 percent commissions he was pocketing or any of the conflicts of interest involved.
-
Telling victims not to hire their own attorneys or contact regulators because “his lawyers were handling recovery.”
-
Continuing to solicit new investments even after the CFTC had already opened an investigation into BCCOMM.
It’s all there in black and white — retirees, widows, and seniors who trusted him completely, losing everything under the banner of “fiduciary advice.” Now that we’ve connected these earlier cases to what’s happening today, it’s clear this wasn’t an accident or misunderstanding — it’s the same operation recycled step for step. He and Stew did the same thing with JProof.
This one really speaks for itself. Once people see how perfectly this lines up with what’s happening now, it’s going to hit hard.
Cortez Lawsuit Files
Stewart v. Cortez (June 3, 2022)
https://drive.proton.me/urls/8PTSGT7N64#RPryJe9BWHc1
Schwartz v. Cortez (April 18, 2022)
https://drive.proton.me/urls/YR9CEVV8MG#SURUkUFbyGFa
Martin v. Cortez (April 8, 2022)
https://drive.proton.me/urls/G96MM3ED90#7tSO3N4WiZS0
Olson v. Cortez (September 10, 2021)
https://drive.proton.me/urls/1PECVD0BX0#yxifmJD9eFqG
Bentrovato v. Cortez (July 1, 2021)
https://drive.proton.me/urls/6SADCKHD70#RR3uYMO48jMk
Wagg v. Cortez (June 24, 2021)
https://drive.proton.me/urls/CENCEG92YM#XNF5Zrl2je9r
Gray v. Cortez (April 16, 2021)
https://drive.proton.me/urls/Z79CGZSGER#8swsnHHIY5q5
Update from Watchdog 11.11.25
So, Carlos clearly knows about the pressure campaign our group has been applying – millions of views on Reddit alone, plus the mounting attention from regulators.
Here’s his latest video from yesterday. I know you’re busy, but if you speed it up to 1.5x, you can get through it in about 30 minutes. It’s nonstop victimhood – and, according to him, we’re not criticizing Carlos because he’s a thief and a scam artist (as his own people have called him), but because we’re supposedly “jealous” of his success.
He’s even using God and Bible scriptures to deflect from his crimes against the elderly and vulnerable people he’s ripped off across the country – trying to wrap fraud in a veil of faith.
Also, one of our journalists has an interview with Raw Story today. Let’s see where this all goes.
You’ve always been great at analyzing psychology and body language – and the man looks guilty as hell. He knows we’re watching, and he knows we know.
We all know, justice and press coverage move very slowly, but you are seeing the result of all we are doing in real time, and it is awesome!
We’ll get there!
Have a great morning!
PH
JQ Radio
Insider Trading
Ask Stew (since he blocked me) about these buys from the MM wallet even before the token was announced
4/11/25 1.3Million Jproof for $170
4/13/25 another buy
Yet he told the community he “hired a professional” to setup the MM as
@LucasGageX
said in his video
It’s been an insider game entire time
Securities Fraud?
Date: June 4, 2025 VIA REGISTERED MAIL AND EMAIL Mr. Stewart Peters Redwing, PA, c/o Stew Peters Network Email: stew@thepcradioshow.com; Phone: (651) 315-0001 contact@jproofcoin.com Re: Legal Notice of Potential Securities Fraud and Demand for Compliance with Investigation Regarding JProof (JPROOF) Token Sell-Off
Dear Mr. Peters, We represent a block chain securities , investor(s) in the JProof (JPROOF) cryptocurrency token, a Solana-based digital asset promoted under your leadership. This letter serves as formal notice of your alleged breach of contractual obligations and potential violations of U.S. securities laws, specifically securities fraud contributing to a 48.69% price decline by May 27, 2025. We demand your immediate compliance with the terms of the JProof token sale agreement and full cooperation with a subsequent investigation into these transactions.
Background JProof was marketed as a decentralized finance (DeFi) project aimed at disrupting traditional financial systems, with you, Mr. Peters, holding approximately 85% of the token supply and serving as the primary figurehead. Investors, including our client(s), purchased JProof tokens with the expectation of value appreciation, based on representations you’ve made + marketing materials, and your public statements, including those on X on or about May 21 and May 31, 2025. These representations suggested that developer-held tokens were subject to a traditional lock-up period, prohibiting premature sales to protect investor interests.
However, credible evidence, including public posts on X and blockchain transaction records, indicates that a significant portion of JProof tokens, valued at approximately $1.6–$2.08 million at an average price of $0.08, were transferred from developer wallets / side wallets (believed to be under your control) to personal or exchange wallets (e.g., MEXC, Meteora) between May 4 and May 30, 2025. These transfers coincided with a market capitalization decline from approximately $113–$196 million to $42 million by May 27, 2025, causing significant financial windfall, harm to investors.
Allegations of Securities Fraud We have reason to believe that JProof tokens may constitute securities under the Howey Test (SEC v. W.J. Howey Co., 328 U.S. 293 (1946)), as they involve an investment of money in a common enterprise with an expectation of profits derived from the efforts of you and your team. As such, the following actions may violate Section 10(b) of the Securities Exchange Act of 1934 (15 U.S.C. § 78j) and SEC Rule 10b-5 (17 C.F.R. § 240.10b-5), as well as other applicable securities laws:
Failure to disclose these transfers as sales constitutes a material omission, misleading investors who relied on your statements.
Market Manipulation: The transfer of these tokens, representing a significant portion of JProof’s daily trading volume in May 2025, likely caused or contributed to the 48.69% price decline (from $0.1177 to $0.041–$0.0538). Such actions, if intentional, constitute manipulative conduct in violation of securities laws.
Demands To address these violations and mitigate further harm, we demand the following within fourteen (14) days of receipt of this notice: Cease Unauthorized Transfers: Immediately halt all transfers of JProof tokens from developer-controlled wallets, including but not limited to the “main wallet” referenced in community reports, unless expressly authorized by the token sale agreement or whitepaper.
Provide Blockchain Evidence: Submit verifiable blockchain transaction records (e.g., Solscan transaction hashes) for the alleged 6 million token burn (May 21, 2025) and PumpSwap liquidity pool burn (June 2, 2025), as well as any other burns claimed.
Disclose Wallet Activity: Provide a full accounting of all JProof token transfers from developer wallets between May 1 and June 4, 2025, including: Wallet addresses involved.
Transaction hashes for all transfers Recipient addresses (e.g., personal wallets, exchanges, or market makers).
Compensate Affected Investors: Propose a plan to compensate investors for losses resulting from the price decline, estimated at $71–$154 million in market capitalization (from $113–$196 million to $42 million), pending confirmation of your liability. Reservation of Rights Failure to comply with these demands within fourteen (14) days will compel us to pursue all available legal remedies, including but not limited to: Filing a complaint with the U.S. Securities and Exchange Commission (SEC) for securities fraud and unregistered securities offerings. Initiating a civil lawsuit for securities fraud, breach of contract, and/or fraud under state and federal law, seeking damages, disgorgement of profits, and injunctive relief. Referring this matter to the U.S. Department of Justice (DOJ) or Federal Bureau of Investigation (FBI) for investigation of wire fraud or related crimes. Notifying affected investors and coordinating a class action lawsuit, if applicable.
We reserve the right to share this notice and related evidence with regulatory authorities, including the SEC, and to use it in any legal proceedings.
We strongly advise you to consult legal counsel to address these serious allegations. This notice has been sent via registered mail and email to ensure receipt and is retained for our records.
lesson learned?
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