Another melon!!! The extramarital girlfriend of a family fund started a KEETA project and burned through 140 million US dollars To be honest, the extramarital girlfriend is pretty good!!! 1. Some users pointed out that the Keeta testnet block browser is a fake page built by Vercel, and the transaction data is suspected of being forged; the Swap function is unavailable; the white paper and documents are accused of being "AI patchwork 2. Keeta claims 10 million TPS, but the actual TPS of the testnet is only below 5,000, and third-party monitoring shows that the real-time TPS is only 1210-1779 3. This project is promoted by "unknown KOLs (such as Nekoz)" rather than led by developers, and its technical strength is worrying, and the token economic model is questioned: issuing coins before the mainnet is launched, high taxes and fees, inflated valuations (full circulation market value exceeds US$1.6 billion), and the team has excessive control over token supply 4. In 2023, Schmidt led Keeta's $17 million seed round through Steel Perlot, becoming the core endorsement of the project, Steel Perlot CEO Michelle Ritter is Schmidt's extramarital girlfriend. The company relies on Schmidt's family office Hillspire for transfusions (a total of $140 million in capital injection), but it has fallen into losses due to high salaries (90 employees have an annual salary of more than $300,000) and high operating costs (monthly rent of $160,000). 5.50% of the tokens are allocated to the community, but 80% will be unlocked at one time during the TGE phase, and the remaining 48 months will be unlocked. The specific allocation rules are not disclosed. KTA's increase is concentrated in the low-liquidity period on weekends (such as an 8-fold increase on May 6), and it is only listed on low-liquidity DEX, not on mainstream exchanges.