# Community Concerns - Public Disclosure #1 - Exchequer RBTC to OKEx **URL:** \ **Category:** General Commons\ **Created:** [March 8, 2026, 5:58pm UTC](https://forum.sovryn.com/t/community-concerns-public-disclosure-1-exchequer-rbtc-to-okex/3545 "2026-03-08T17:58:18Z")\ **Posts on this page:** 7\ **Page:** 1
**Author:** ![Brianna](https://avatars.discourse-cdn.com/v4/letter/b/6f9a4e/32.png) [@Brianna](https://forum.sovryn.com/u/Brianna)\ **Post date:** [March 8, 2026, 5:58pm UTC](https://forum.sovryn.com/t/community-concerns-public-disclosure-1-exchequer-rbtc-to-okex/3545/1 "2026-03-08T17:58:18Z")
On Dec 04 2025 09:35:49 AM a [transaction sent 12 BTC](https://rootstock.blockscout.com/tx/0xf09e5dde0ab0ac7bf436613b39d1a2d7e3b2a2d9953826569de9e8c953a7d1d6?tab=index) from [Exchequer](https://rootstock.blockscout.com/address/0x924f5Ad34698fD20C90fe5d5a8A0ABD3b42dC711?tab=index) to [0xD9ECb390a6A32aE651D5C614974C5570c50a5D89](https://rootstock.blockscout.com/address/0xD9ECb390a6A32aE651D5C614974C5570c50a5D89?tab=index) (from here on 0xD9). On Dec 04 2025 21:04:32 PM [0xD9 through pow-peg transferred 12 BTC](https://rootstock.blockscout.com/tx/0x28f7cbc5d4f4f1f74fd064434594479348dc8af5f9e11bf5aac89eac2f4ed82a) to Bitcoin address [1BVZ13Q7C66UUKsUUq3ReaauJsH9JXxQam](https://www.blockchain.com/explorer/addresses/btc/1BVZ13Q7C66UUKsUUq3ReaauJsH9JXxQam) On 07 Dec 2025 07:46:54 [1BVZ transferred 11.99899292 BTC to address bc1qccy9mn9h2ed6sjf7pvx7af6zc7zax0qaegadw5](https://www.blockchain.com/explorer/transactions/btc/45f6e40a5c46687fbcd08f14245f86d6198c406b2a16e7dde768154782d2b173). Address [bc1…adw5](https://www.blockchain.com/explorer/addresses/BTC/bc1qccy9mn9h2ed6sjf7pvx7af6zc7zax0qaegadw5) is tagged as [OKEx wallet](https://bitinfocharts.com/bitcoin/address/bc1qccy9mn9h2ed6sjf7pvx7af6zc7zax0qaegadw5-nodusting) and also shows many [sweep transactions](https://www.blockchain.com/explorer/transactions/btc/377d737f69f99b5a4b9c4f927205f34ab97399d5309ee988e85ea81437831db5) with other addresses tagged as [OKEx wallet](https://bitinfocharts.com/bitcoin/address/bc1quq29mutxkgxmjfdr7ayj3zd9ad0ld5mrhh89l2). This exchange could also be Gemini as [tagged here](https://www.oklink.com/bitcoin/address/bc1qccy9mn9h2ed6sjf7pvx7af6zc7zax0qaegadw5). These sweep addresses have received 50k+ to millions of BTC also confirming they’re exchange addresses. On Jan 22 2026 11:03:00 AM [Exchequer sent 6.729820437622064715 BTC to 0xD9](https://rootstock.blockscout.com/tx/0xc9f566bed8b57344d2ff229f40fcafa2099c68dbb5d8e990889eafbeb1a96127?tab=internal). 0xD9 then [transferred 6.720622283151417873 BTC through powpeg](https://powpeg.rootstock.io/status/txId/0x908f54830b31cc02d48ba37e0682634c8ea55cc3f6e424e59d89c09809f8223c) again to Bitcoin address [1BVZ](https://www.blockchain.com/explorer/addresses/btc/1BVZ13Q7C66UUKsUUq3ReaauJsH9JXxQam) On 23 Jan 2026 03:49:58 1BVZ [transferred 6.72047804 BTC](https://www.blockchain.com/explorer/transactions/btc/f753d78ebaabc95129e303871e25723625dc3dd95fd69cc7a2492d89fefba93e) again to tagged OKEx wallet [bc1…adw5](https://www.blockchain.com/explorer/addresses/BTC/bc1qccy9mn9h2ed6sjf7pvx7af6zc7zax0qaegadw5). On Jan 24 2026 09:04:55 AM [Exchequer transferred the remaining 4.4166 BTC to 0xD9](https://rootstock.blockscout.com/tx/0x336a6d72c79a6ca542803b36257ce27f0a80a32d2d40d812e45e11e3986bdd5f?tab=internal). 0xD9 then [transferred 4.420050650562483275 BTC through powpeg](https://powpeg.rootstock.io/status/txId/0x2d4057da74999f99545274c79e883dfa231784dd1b61286321ae4ada8840f8e2) to Bitcoin address 1BVZ. On 27 Jan 2026 04:14:14 1BVZ [transferred 4.42002177 BTC](https://www.blockchain.com/explorer/transactions/btc/dd5b45fe835262695206664cecd624e329eb25a4399ffef7016a8795ce6efdc4) again to tagged OKEx wallet [bc1…adw5](https://www.blockchain.com/explorer/addresses/BTC/bc1qccy9mn9h2ed6sjf7pvx7af6zc7zax0qaegadw5). [Exchequer](https://rootstock.blockscout.com/address/0x924f5Ad34698fD20C90fe5d5a8A0ABD3b42dC711?tab=tokens) now sits with a balance of about $200k, most of which is value from SOV tokens (~$125k). Over 2 months almost $2mm worth of BTC @$85,000 BTC/USD has left Exchequer and into OKEx or Gemini - both platforms widely known for futures trading. After Bitcoin fell in early February (hitting $60k on Feb 5), on Feb 17 @yago announced to the forum the need to take over the FeeSharingCollector contract: [https://forum.sovryn.com/t/staking-update-temporary-adjustment-to-staking-rewards](https://forum.sovryn.com/t/staking-update-temporary-adjustment-to-staking-rewards) > The recent significant decline in BTC price has materially impacted our operational position and requires a prudent adjustment to ensure the project’s longevity. I think the community would greatly appreciate an honest response from @Armando or @yago on the details of what happened. An honest response would help stop the speculation and assumptions of bad intentions. We can all understand feeling financially pressured, compounding mistakes, and holding a trade for far too long. Also a comment on how going forward sending the FeeSharingController protocol fees to GovernorVault (a contract controlled by bitocracy) could help mitigate the risks of even the best intentions. Please understand SIP-0088 is crafted specially to address this. The community is hoping we have your support in making more positive decisions going forward. Thanks all for your support and help in building a stronger community! ---
**Author:** ![TM1](https://dub1.discourse-cdn.com/flex017/user_avatar/forum.sovryn.com/tm1/32/126_2.png) [@TM1](https://forum.sovryn.com/u/TM1)\ **Post date:** [March 8, 2026, 6:13pm UTC](https://forum.sovryn.com/t/community-concerns-public-disclosure-1-exchequer-rbtc-to-okex/3545/2 "2026-03-08T18:13:44Z")
Anyone even knew that exchequer was trading on a cex? I mean.. seriously? Yago? Community also very probably would have helped in finding better market entries to gamble treasury. (Seems like longing the top on leverage?) Is that the reason Armando doesn’t know yet how to come up with the loong overdue financial statement? Not much financial anymore.. so it’ll be just statement at least. This findings of Brianna (thank you so much for your efforts) are drawing a very very dark picture about leadership, exchequer and guardians (if it’s not all the same actors anyways) ---
**Author:** ![Kobayoshi](https://dub1.discourse-cdn.com/flex017/user_avatar/forum.sovryn.com/kobayoshi/32/979_2.png) [@Kobayoshi](https://forum.sovryn.com/u/Kobayoshi)\ **Post date:** [March 9, 2026, 10:36am UTC](https://forum.sovryn.com/t/community-concerns-public-disclosure-1-exchequer-rbtc-to-okex/3545/3 "2026-03-09T10:36:20Z")
Exchanges can effectively be used as mixers. Maybe those funds were just sent to okex so the trail could go cold before they were forwarded to their actual destination. Or maybe just degen futures trading. Goodness me. New lows on the chart, new lows off the chart. Impressive for Sovryn ---
**Author:** ![TM1](https://dub1.discourse-cdn.com/flex017/user_avatar/forum.sovryn.com/tm1/32/126_2.png) [@TM1](https://forum.sovryn.com/u/TM1)\ **Post date:** [March 9, 2026, 11:36am UTC](https://forum.sovryn.com/t/community-concerns-public-disclosure-1-exchequer-rbtc-to-okex/3545/4 "2026-03-09T11:36:31Z")
Yes, and it seems new all time lows are constantly made on ethics as well. ---
**Author:** ![sovrynday1](https://avatars.discourse-cdn.com/v4/letter/s/7c8e57/32.png) [@sovrynday1](https://forum.sovryn.com/u/sovrynday1)\ **Post date:** [March 9, 2026, 12:22pm UTC](https://forum.sovryn.com/t/community-concerns-public-disclosure-1-exchequer-rbtc-to-okex/3545/5 "2026-03-09T12:22:12Z")
new lows in lies burying themselfs stacked against overwhelming evidence if there was nothing to hide, everyday that goes by without having a detailed financial report counts as one more attempt trying to further hide & lie their way out of this (once again, as the many times previously as well) ---
**Author:** ![TM1](https://dub1.discourse-cdn.com/flex017/user_avatar/forum.sovryn.com/tm1/32/126_2.png) [@TM1](https://forum.sovryn.com/u/TM1)\ **Post date:** [March 18, 2026, 7:06pm UTC](https://forum.sovryn.com/t/community-concerns-public-disclosure-1-exchequer-rbtc-to-okex/3545/6 "2026-03-18T19:06:44Z")
10 days later.. I think anyone who already was concerned about leavership got their answers quite loud and clear. ---
**Author:** ![Kobayoshi](https://dub1.discourse-cdn.com/flex017/user_avatar/forum.sovryn.com/kobayoshi/32/979_2.png) [@Kobayoshi](https://forum.sovryn.com/u/Kobayoshi)\ **Post date:** [March 22, 2026, 7:48am UTC](https://forum.sovryn.com/t/community-concerns-public-disclosure-1-exchequer-rbtc-to-okex/3545/7 "2026-03-22T07:48:08Z")
Plain and simple fraud. This is a very sad reality to have to face after 5 years as a staker for this project. I really sincerely wish leadership the very best of karma. Hopefully an investigative journalist will pick this up. We should also reach out to some YouTubers who cover scams like this.