OpenVPP Connection to SEC? Hester Pierce?
Opened by B7n7...KMEU | 22 Sept 2025
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ZachXBT
@zachxbt
Sep 17, 2025
This week the project @OpenVPP ($OVPP) claimed to be working with the US government on the tokenization of energy. 12 hrs ago Hester Pierce replied saying she does not work alongside or endorse private crypto projects. OpenVPP then hid her reply from the post. I reviewed the [...]
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ZachXBT
@zachxbt
Sep 18, 2025
Update: OpenVPP appears to potentially be misrepresenting another partnership with Commonwealth Edison (ComEd). When contacted the company stated: “We did not partner with them and are not interested”
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ZachXBT
@zachxbt
Sep 19, 2025
Update: OpenVPP appears to be potentially misrepresenting a third partnership with Smartcar When contacted the founder stated: “His company is using Smartcar's self-service API offering. (It's something that anyone can access and use on our website.) My company, Smartcar, and [...]
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Bubblemaps
@bubblemaps
Sep 18, 2025
It gets worse $OVPP is 80% bundled The top 150 holders were funded simultaneously and sniped the token
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ZachXBT
@zachxbt
Sep 17, 2025
Update: The OpenVPP team made a statement and says the reply was accidentally hidden by a 24/7 intern.
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OpenVPP
@OpenVPP
Sep 17, 2025
Good morning, VPPs. Out of respect for our nation’s leadership, we wanted to clarify that the recent photo featuring our founder and Commissioner Hester Pierce does not signify any form of partnership or endorsement. During our discussion, we sought her guidance on how best to c [...]
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OpenVPP claimed US government partnership for $OVPP energy tokenization, but SEC's Hester Pierce denied involvement and her reply was hidden. ZachXBT found misrepresentations with ComEd and Smartcar; Bubblemaps showed 80% bundled in 150 wallets from Coinbase (10%), Union Chain (10%), ChangeNOW (20%), and Binance (40%) clusters.