On June 15, 2026, Ethos announced that @ashen_one is being slashed for 250 credibility score by @serpinxbt. The slash centers on Ashen’s past promise that the $SLAB team would never sell, and on claims that team wallets later sold anyway.

The case doesn’t only affect Ashen. More than 70 people support Ashen on Ethos, and those supporters now risk their own credibility score as well.

The allegation

Serpin’s case against Ashen comes down to three points:

• Ashen said “we will never sell” about $SLAB
• Team wallets then allegedly dumped six figures’ worth of the token
• Ashen now won’t show the wallets

The gap between the public promise and the alleged selling, along with the refusal to disclose the wallets, is the basis for the 250-point slash.

Community members raised it first

Serpin’s slash isn’t built on a single accusation. It references several posts that community members highlighted over the week before the slash, each calling Ashen out for rugging the coin. Those accounts include:

• @jakeyPRMR
• @vydamo_
• @FTPager
• @tontheneko
• @notneil___

One of the referenced posts is a thread by @jakeyPRMR, which opens: “Here’s how a @phygitals employee rugged his community for over $128,000 USD.” The thread goes on to lay out jakeyPRMR’s account of what happened.

Several independent accounts making the same claim over several days gives the slash a wider base of evidence than one person’s complaint.

Why Ashen’s supporters have something at stake

On Ethos, backing someone isn’t a free signal. Ashen has over 70 supporters on the network, and according to Ethos, each of them now risks their own credibility score because of the slash.

That’s the point of tying reputation together. When you put your name behind someone, their conduct reflects on you. A slash like this one tests whether the people who backed Ashen made a sound call, and it reminds everyone on the network that support carries weight in both directions.

The case at a glance

• Slashed account: @ashen_one
• Slashed by: @serpinxbt
• Amount: 250 credibility score
• Token: $SLAB
• Core claim: a “we will never sell” promise, followed by alleged six-figure selling from team wallets that Ashen won’t disclose
• Supporters at risk: more than 70

This thread first appeared on X.