Spencer Benterud is a pathological liar and fraudster. In December 2024, he announced to his followers that he was launching his own crypto project and token called Cadabruh. He claimed it was a long-term project with a solid team of developers, and everything seemed normal for a new project. There was even a presale. People—his followers—received their tokens later than promised, but that was overlooked. However, the tokens were distributed in a mysterious way, with no announcement about how much each person actually bought during the presale. Still, everything appeared to be functioning.
In early January 2025, he began promoting and marketing the project through Instagram. By then, the tokens were available for everyone to purchase on the Raydium platform. This is when his actions, which are criminally punishable, began. He engaged in a so-called pump-and-dump scheme, where he started offloading all his tokens while continuing to "pump" them on his Instagram account and Telegram channels. Many people have now lost their money—it was essentially stolen. Instead of earning and benefiting long-term, which could have been 100x more profitable, Spencer Benterud chose to scam others. A short-sighted approach with severe consequences.
A pathological liar with delusions of grandeur, Spencer Benterud has recently deleted all his Instagram posts praising, promoting, and encouraging people to buy Cadabruh because he fears that the authorities may begin investigating him for financial fraud and implementing a pump-and-dump scheme. It doesn’t matter that he lives in Panama. He has a history of engaging in fraud. His pattern seems to be creating a fraudulent scheme every now and then, posting about it on his social channels like Instagram, and when he has scammed enough money, he deletes the posts and waits a few months for the issue to fade. Then, he starts a new scheme targeting new followers who haven’t yet encountered or recognized Spencer Benterud as a scammer.
