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Hydraze 🏴‍☠️
Serpin Taxt's review for Hydraze 🏴‍☠️
Score: 1766
NEGATIVE

"Reason to be cautious about Hydraze"

People wanted me to negatively review Hydraze instead of slashing him, so I am doing that here. Hydraze promoted what is now alleged in federal court to be a Ponzi scheme- and he wasn't just a bystander. He sat on the governance team of the UA3/StakX syndicate structure (according to the lawsuit), was a signatory on the multi-signature wallet that controlled investor funds (according to the lawsuit), and actively directed his On Chain Buccaneers community to deposit money into these instruments. They even had their own 15% weekly return pool just for OCB (lol) The scheme, TradeAI and later StakX, promised returns like *15% every 10 days with "principal protection."* That's roughly 14,000% annualized. Anyone with basic financial literacy knows that's a Ponzi. A later review of over one million transactions found the trading accounts actually lost more than $4 million; the only way anyone got paid was with money from newer depositors. Hydraze posted on Discord claiming depositors were earning 14.58% in a single week. He told his community the syndicate was "asset backed with $15M worth of Banksy art." He funneled his followers in, and when it collapsed, suddenly claimed he had "zero visibility" into the accounts, and still does today (why wouldn't he?) This isn't a one-off either. Hydraze also recently promoted Aquabot, another project that rugged its community, backed by a shady partnership. The pattern is clear- build trust, promote "opportunities" through partnerships, and when things collapse, distance yourself. His followers / people in OCB aren't partners in these ventures.. they're exit liquidity (and somehow they don't seem to know it?) Some have told me I should wait for the court to decide before taking any action on Ethos. But that argument has never once been the standard for a single slash or review on this platform. Ethos is entirely independent of the court system; it's a community driven credibility layer, not a legal tribunal. No one has ever been required to wait for a verdict before slashing. Credibility scores are meant to reflect what the community knows right now, not what a judge rules two years from now. Those who defended against the slash told me to leave a negative review instead, so here we are. Final statement: his credibility score on Ethos doesn't reflect any of this. His score gives him a stamp of trustworthiness people rely on when deciding whether to follow him into the next opportunity. His trustworthiness comes almost exclusively from a small group of friends in various alpha groups. While this is the definition of reputable per the protocol today, I don't believe Hydraze is as reputable as his followers tend to think he is.

886 upvotes
March 23, 2026

Comments

This is a better way in my opinion. I'm not a follower of Hydraze and before he replied to a slash I was participating in, I didn't know much about him. I do realize he's an OG with a strong support base and such a review will warn others, because the first time I saw his profile, there were no negative reviews. I agree a few negative reviews do not change one's opinion of a person, but I must say that your reviews do matter, like your slashes, because of what you represent. I defended the Slash because I felt it was wrong of you to initiate a slash, but it would have been better if you'd only done a review, and not taken that backend action of removing his balance human verifications (as alleged by him).
KU$H
KU$H
1298
Mar 23, 2026
people saying "wait for the verdict" dont understand reputation isn't about legal guilt it's about risk and risk doesn't wait for a judge, by the time a verdict comes the next 10 scams can already happened If a reputation system waits for courts, then it's already failed
PABLO
PABLO
1680
Mar 23, 2026
Defended the slash and upvoted the negative review.
I appreciate you at least adding context to this review (*according to the lawsuit), something you failed to do multiple times over the last few days as you went around making false statements of fact. Regarding my trust coming from a 'small group of friends in various alpha groups', this is again complete nonsense. Just read the comments on the slash, you are literally delusional. Of course my friends and people in my community who knew the truth would defend me. But many of the people who have both reviewed me positively and defended me in this slash are not well known to me or part of my community. Well over half the people who defended I have never spoken to before. As the founder of the platform I almost guarantee you know the people who sided with you more than I know the people who defended me. The majority of well known people on CT defended whilst all the high scores that slashed are ETHOS maxis who nobody outside this eco-system knows. Yet they all have insanely high scores because they inflate each other doing an insane amount of ETHOS grind. So tell me again I am the one who relied on my trustworthiness from a small group of friends...the hypocrisy. I also did not go around rallying troops to defend me, despite multiple people telling me I should. Had I done so you would almost certainly have lost the slash, instead I let it play out, deliberately didn't ask anyone to defend me or post on any socials. Ultimately if I have a community of people who trust me that is consensus and should be reflected on my score, many of the people affected by the situation are actively using ETHOS. Many of whom have reviewed or vouched for me already, thus the TradeAI saga was already baked into my score. Maybe others would have left positive reviews and all could leave negative if they saw fit. You should trust your own platform more to do it's job instead of acting as an overlord who wants to correct scores as you personally see fit. Of course some of the projects we enter with don't do well or turn out to be scams, we're literally trading HIGHLY speculative assets: memecoins, DeFi, perps, NFT's etc. We buy coins called things like DOGWFIHAT and HARRYPOTTEROBAMASONIC10INU...if that's not for you then don't get involved but use your brain please. We do not ever give financial advice or promise certain outcomes. We are a community who try to help each other do well in the space, leaning on each others knowledge to try & succeed together. We have found tonnes of amazing plays and projects, I always thought ETHOS was one of these.