QAnon, Indus.Gold and Rug Pull

QAnon is a conspiracy theory that says about the presence of a network of cannibalistic pedophiles working in consonance to bring down the erstwhile US President. The conspiracy theory links late president John F Kennedy, Donald Trump, Elon Musk and, if not weird enough already, Aliens! 

QAnon could have been like any other conspiracy theory. However, Mashable reported that some people involved were trying to fraudulently benefit upon the believers of this theory. 

Apparently two users namely Whiplash347 and PatriotQakes operated separate groups on Telegram in support of this theory and had a huge number of subscribers. Subscribers were encouraged to invest in Cryptocurrencies. Scam tokens were created and the assets were transferred in exchange for real money. The tokens were created under the domain name

However, all these tokens were part of what is termed in the Crypto sector as a ‘Rug Pull’. It is a scam in which an entity promotes people to invest in a Cryptocurrency, hike the price, gain as much as possible and then abandon the currency. The currency’s price drops to users leaving the buyer with nothing.


  1. David Blake Avatar
    David Blake

    QAnon was the offspring of a conspiracy theory known as Pizzagate. In 2016 the website WikiLeaks released a trove of e-mails that Russian hackers had stolen from the account of John Podesta, Hillary Clinton’s campaign chair for her 2016 presidential election bid. On the website 4chan—a forum characterized by trollish behaviour, extreme content, and lax moderation—anonymous users posited that the use of the term “cheese pizza” in Podesta’s e-mails was code for “child pornography” and that a Washington, D.C., pizzeria named Comet Ping Pong, from which Podesta had ordered, was engaged in the sexual exploitation of children. Ultimately, Pizzagate conspiracy theorists invoked the existence of an elite cabal of satanic cannibals operating a child sex trafficking ring out of the basement of Comet Ping Pong (the restaurant does not, in fact, have a basement).

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