Father runs Aviator (Spribe). Son launched $NATRO on the family name. Refunds refused, founder said "stfu", site wiped within 72 hours. Holders lost ~98%.
On 21 May 2026, a Solana memecoin called $NATRO was launched on Pump.fun by Alex Natroshvili — son of David Natroshvili, founder and CEO of Spribe, the studio behind the global gambling product Aviator. The pitch was the family name. Within seventy-two hours of refunds being refused, the website, the promotional video, and the social-bio links had all been scrubbed. The blockchain trail, the archived website, and the chat logs were not.
$NATRO was marketed as a "networking coin" promising tier-gated access to private chats with high-net-worth individuals and industry insiders. The pitch leaned explicitly on the Natroshvili family name and the Spribe / Aviator association as the trust signal.
The website's own FAQ — captured in full on the Wayback Machine before deletion — addressed the rug-pull question directly: "The reputation hit lasts forever; the cash from a rug doesn't." The founder's 30,000,000-token bag was publicly committed never to move, with the line: "If that bag ever moves, you have permission to roast us publicly."
Within days, the price collapsed approximately 98%. Refund requests from affected holders were refused. The team admin's response to a structured proposal: "Nothing to say." The founder's personal Telegram reply, when contacted directly: "stfu." Within the same 72-hour window, the official website was taken offline, the NATRO link was removed from the founder's Instagram bio, and the paid promotional video by KOL @jrcryptex was deleted from Instagram.
This file documents what was promised, what was delivered, and what was removed afterwards.
NATRO's marketing was not subtle about its central asset. From the website's hero page: "It's not about what you make. It's who picks up when you call." Below that, the founder section opened with the line: "Most coin founders are anonymous. Alex isn't. His name is on the project, his face is on TikTok and Instagram, and his family is well-known globally."
The pitch — preserved in the Wayback Machine archive of natrocoin.net — was explicit. $NATRO was sold as a "networking coin" with a tier-gated bot that, in exchange for holding the token, would admit buyers to private Telegram rooms with "people you wouldn't normally get to talk to."
Four tiers were defined — The Foyer, The Floor, The Lounge, The Salon. The top room (Tier IV · Inner Circle · 20,000,000 NATRO) was described as: "The top chat. Names you'd recognize, real money behind them, people who can actually open doors."
The founder's father, David Natroshvili, is publicly known as the founder and CEO of Spribe — the studio behind Aviator, a globally distributed crash-style gambling product licensed in multiple jurisdictions.
"Two things, in order of importance: it isn't worth it. A wildly successful exit on something like this would be a rounding error against what the Natroshvili name is actually worth. The reputation hit lasts forever; the cash from a rug doesn't."
| Tier | Threshold | What was promised | What was delivered |
|---|---|---|---|
| I · The Foyer · Entry | 1,000,000 NATRO | "The big group chat. A few thousand holders, lots of chatter, announcements." | 13 members |
| II · The Floor · Members | 5,000,000 NATRO | "Smaller and more active. AMAs, intros, day-to-day useful conversation." | 10 members |
| III · The Lounge · Premium | 10,000,000 NATRO | "Bag size starts mattering. Founders, HNW holders, creators whose audiences you'd recognize." | 2 holders + 3 admins |
| IV · The Salon · Inner Circle | 20,000,000 NATRO | "The top chat. Names you'd recognize, real money behind them, people who can actually open doors." | Never created |
| ↗ · The compiler of this file | 220,000,000 NATRO | 11× above the highest defined tier. Per the marketing, the highest possible access. Admitted to the Lounge (3 admins + 2 other holders). The Salon was never created. | No real access |
The launch occurred on 21 May 2026 at 20:11 UTC via Pump.fun. Within hours of trading opening, the price had spiked and then begun a steep descent. By 23 May, holders in the project's own Telegram channel were openly discussing losses. By 24 May, the team began removing public traces of the project from their channels — while the official NATRO Telegram channel, with 5,964 subscribers, continued to publish recruitment messages aimed at new buyers.
"Hold the coin, the bot checks your wallet, and you end up in a private chat with people you wouldn't have run into otherwise."
Rooms created at unviable sizes. Foyer: 13 members. Floor: 10. Lounge (10M threshold): 2 holders + 3 admins. Salon (Inner Circle, 20M threshold): never created. After the chats opened, one admin voluntarily left the groups.
"Alex's 3% bag is publicly committed to never moving." Public wallet address. On-chain verifiable at any time.
On-chain audit in progress. The creator wallet shows continuing swap and liquidity activity post-launch. Whether this corresponds to the named 30M founder bag, or to a separate team allocation, requires further on-chain forensics.
"$200k+ committed at launch · 5,500+ pre-launch members & counting."
Current MC ~$6,700 — a 97%+ drawdown from the stated launch valuation. 352 wallets remain.
"A wildly successful exit on something like this would be a rounding error against what the Natroshvili name is actually worth."
By the same logic, a refund covering affected holders — estimated at $30,000–$50,000 total — would also be a rounding error against the family standing. The team chose not to pay it. That choice is itself an answer about the actual valuation.
Official NATRO Telegram channel post, 24 May 2026: "Daily promotions rolling out on every platform. Don't miss out."
New retail buyers were being actively recruited while existing affected holders were being told "Nothing to say" and "stfu" by team admin and founder respectively.
A pattern of evidence removal began roughly forty-eight hours after launch and continued in parallel with the team's refusal to engage with refund requests. What follows is a chronological reconstruction, compiled from screenshots taken before each removal, Wayback Machine captures, and Telegram channel logs.
In the 24 hours before the public Pump.fun launch, @davidnatro1 — the verified Instagram account of Spribe founder and CEO David Natroshvili — publishes a sequence of Stories tagging @natroalex and personally offering paid presale access to the NATRO token.
The Stories, preserved before they expired, contain (verbatim):
- "I have many celebs on the line to post about natro this will be crazy🔥" - "If you want to get involved in the crypto project presale with me & @natroalex — DM @natroalex1 on telegram. Minimum investment size for presale is 1.5k" (captioned over a Bentley interior) - "We're opening private access to our crypto project presale with me & @natroalex — Telegram by DM · 1.5k min entry · Limited access available" (captioned over a Ferrari on a Monaco street)
In parallel, Alex Natroshvili (@natroalex, verified) posts: "I saw all the dms of asking where to buy natrocoin, pumpfun download it 8 pm tommorow monaco time🔒" — the Pump.fun launch announcement.
This sequence is materially different from a passive reshare. David is named as a participant ("with me & @natroalex"), the entry threshold is set by him ($1,500), and contact is routed to the founder's personal Telegram. The case file's subsequent §V framing of David as "amplifier" understates the role this evidence documents.
$NATRO is launched on Pump.fun. Marketing is rolled out across the founder's verified Instagram (@natroalex, 54.1K followers), amplified by his father's verified account (@davidnatro1), and supported by a paid promotional video from crypto KOL @jrcryptex (114K followers).
Inside the project's own Telegram channels — "NATRO Foyer" and "NATRO Lounge" — holders begin documenting losses. Messages include: "I lost 2K," "I lost 6K," "It's over," "Fucking shit coin." No remediation follows.
In the Foyer, the room is at 13 members. Holders are openly using the words "Natro scam" and "Fucking scam." An admin (handle: OC) leaves the group. A Telegram system message marks the moment: "OC left the group."
A structured refund proposal is presented to the team admin. Methodology: verify wallets, reference fair launch-window market cap, compensate affected early holders accordingly. Estimated total cost: $30,000–$50,000. The team admin's eventual reply: "Nothing to say."
The "natrocoin.net" link disappears from @natroalex's verified Instagram bio. The bio previously featured "natrocoin.net" as the project's official destination; after this change, the project link is no longer publicly associated with the founder's primary social presence.
The project's official website returns a 404 from its Netlify host. The marketing copy, the tier descriptions, the founder section, and the FAQ — including the now-significant "What stops you from rugging?" answer — are no longer publicly accessible at the canonical URL.
Wayback Machine captured a complete snapshot before deletion.
The 35-second video that opened with "It's called NATRO" and ended with "Launching 21st May — www.natrocoin.net" is removed from the @jrcryptex Instagram feed. The post had previously been liked and re-shared via Instagram Stories by both @natroalex and @davidnatro1.
On the same day the website is taken offline, the project's official Telegram channel (5,964 subscribers) posts: "Daily promotions rolling out on every platform. Don't miss out." The team is actively pursuing new retail entrants while refusing dialogue with affected existing holders.
After hours of structured proposals offering a clean off-ramp — refund affected early holders, the matter closes — the founder Alex Natroshvili replies personally from his verified Telegram account @natroalex1. The reply is two letters: "stfu." No prior dialogue. No explanation. No counter-offer.
A holder addresses a formal letter to Spribe corporate (info@spribe.co, legal@spribe.co, and two named executive addresses). The letter sets out the facts, attaches the Wayback Machine archive, and proposes a clean private resolution path. A 72-hour window for considered response is stated explicitly.
Forty-two minutes after the formal email is sent, Alex Natroshvili initiates direct contact via Instagram DM. Over the next two hours the tone shifts repeatedly — from invitation, to co-victim framing, to instruction, to dismissal, to ridicule, to silence (the holder is blocked).
The following quotes are reproduced from screenshots of verified accounts and project channels. Every quote is timestamped and was preserved before any subsequent deletion or block.
“stfu.”
“Nothing to say.”
“Delete this comments your just making a fool out of yourself.”
“Spribe legal is not responding to you / Who do u think u are.”
“what do you expect t investing in a meme coin? It's literally a gamble. Cry more.”
Can a reputation be sold this cheaply?
If the $NATRO launch — or the family name used to sell it — cost you money, time, or trust, describe what happened in your own words. Comments are read and moderated before they appear. Keep to what you experienced and can stand behind.
Add your account →Each of the named parties below was identified as a participant in the NATRO launch by the project's own public marketing materials, captured in full by Wayback Machine and screenshot prior to any deletion. None of them is anonymous; each has a verified public account that was used to promote the token.
Identified by the project's website as the founder. The founder section opened with: "Most coin founders are anonymous. Alex isn't. His name is on the project, his face is on TikTok and Instagram, and his family is well-known globally." Profile listed as "Boxer / Car Collector / Watch Collector".
Father of the founder. Founder & CEO of Spribe, the studio behind Aviator. In a recent video interview described Spribe as "one of the biggest companies in the world."
Cryptocurrency influencer whose 35-second video promoting NATRO was liked and re-shared via Instagram Stories by both @natroalex and @davidnatro1. The video was deleted from the @jrcryptex Instagram feed on 24 May, in the same 72-hour window as the website takedown.
Verified Instagram account that publicly defended the NATRO launch in the comment threads under @davidnatro1's posts. Bio reads "Legal · I scale HNW portfolios."
Captured by Wayback Machine before the site was taken offline. Includes the hero pitch, the tier table, the founder section, tokenomics, and the full FAQ — including "What stops you from rugging?".
Token-2022, Solana mainnet. Total supply 1,000,000,000. Launched via Pump.fun bonding curve.
9TmTw3B4WVzfZY15Cf28uK3vk32QUixCYcM9W1RrtdiF
The wallet that created the $NATRO mint. Continued swap and liquidity activity is observable post-launch. Relation to the publicly-stated "Alex's 3% bag" allocation pending further on-chain forensics.
76qavBCaqDzn6KP6q5Qzu5sXVUXSqXWQpCTTF6Tye7xx
Holds approximately 220,000,000 NATRO. Independently verifiable on Solana.
GsCKRFsTYbU4CuTDYP9NLDDMvsVVWSnpdVDst3nKb6JJ
Complete screenshot archive of NATRO Foyer, NATRO Lounge, and direct messages with the team admin (@arifazii) and the founder (@natroalex1). Includes the "Nothing to say," "stfu," "Delete this comments," "Who do u think u are," and the founder's claimed loss figures. Available on request to journalists and counsel.
Sent 25 May 2026, 12:24 UTC to: gsamkharadze@spribe.co, shalva@spribe.co, info@spribe.co, legal@spribe.co. Subject: "Time-sensitive: NATRO token launch — public record preparation."
Kutztown University Foundation's own announcement of the alumnus return and dedication ceremony on 2 September 2025. Confirms: David Natroshvili — founder & CEO, Spribe — MBA Kutztown 2001; gift made in Spring 2025 with his wife Nina; renovation of the Pennsylvania SBDC lead office in the deFrancesco Building; suite named in his honor.
Cited here as a primary source documenting the standing the NATRO marketing referenced.
Every screenshot and video below was captured before the corresponding deletion, scrub, or block. Click any exhibit to view full size. The complete uncompressed archive is available to journalists, counsel, and regulators on request.
The Pump.fun bonding curve graduated, meaning at the protocol level there was no contract-level rug — the team cannot drain the migrated AMM pool. What did happen: refunds to affected early holders were refused, the website and promo links were scrubbed, and the founder replied "stfu" to a structured proposal. The case file documents this conduct against the marketing record. Readers draw their own conclusion.
Founder of the $NATRO Solana memecoin (launched 21 May 2026) and son of David Natroshvili, founder and CEO of Spribe — the studio behind the global crash-style gambling product Aviator. Verified Instagram @natroalex (54.1K followers), Telegram @natroalex1. The launch marketing leaned explicitly on his family name.
The site was taken offline on 24 May 2026, within 72 hours of refunds being refused. The complete pre-takedown version was captured by the Wayback Machine — the hero pitch, the four-tier ladder, the founder section, tokenomics, and the full FAQ (including the answer to "What stops you from rugging?") are all preserved there.
Spribe corporate has not commented publicly. The founder and CEO of Spribe, David Natroshvili (father of the $NATRO founder Alex), amplified the launch from his own verified Instagram account — including a reshare of the paid promotional video. A formal letter was sent to Spribe legal channels on 25 May 2026. As of the time of filing, no public response.
Technically yes — the SPL token on Solana exists (mint authority is None, freeze authority is None) and the pump_swap AMM pool is live. In practice the market is effectively dead: market cap is ≈$36 as of the case-file filing, DexScreener shows zero active pairs (auto-hidden under their liquidity threshold), and the last trade was ~25 May 2026.
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