A Solana memecoin, a family name, a 98% collapse: a documented case file on $NATRO

Key facts (all primary-source verified)

• On 21 May 2026, 20:11 UTC, the $NATRO Solana token launched on Pump.fun. Contract address: 9TmTw3B4WVzfZY15Cf28uK3vk32QUixCYcM9W1RrtdiF.

• In the 24 hours before the launch, David Natroshvili — founder and CEO of Spribe (the iGaming studio behind the global crash-style gambling product Aviator) — published a sequence of Instagram Stories from his verified account (@davidnatro1) personally soliciting paid presale investment, naming himself as a co-participant ("with me & @natroalex"), setting a $1,500 minimum entry threshold, and directing contact to his minor son's personal Telegram (@natroalex1). Five Stories preserved before expiry.

• The token's price collapsed approximately 98% within 48 hours. Market capitalization fell from a stated $200K+ at launch to approximately $36 (per Pump.fun API at filing).

• Refund requests from affected early 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 72 hours of the refund refusal: natrocoin.net was taken offline (Wayback Machine preserved the complete pre-takedown snapshot), the NATRO link was removed from the founder's Instagram bio, and the paid promotional video by KOL @jrcryptex (114K followers) was deleted from Instagram.

• A formal letter was delivered to Spribe legal channels (info@spribe.co, legal@spribe.co, and two named executive addresses) on 25 May 2026 at 12:24 UTC. As of release: no public response.

Case file

In the press

External coverage as the case circulates in the industry. Reproduced with attribution — characterizations are the outlets’ own, not the file’s. This section will grow.

iGaming trade publication · LinkedIn · 30 May 2026

iGaming Insides

“Spribe founder David Natroshvili accused of crypto scam”

An editor at the iGaming trade outlet iGaming Insides published a Russian-language summary of the case on LinkedIn. It recounts the family-name pitch ("most coin founders are anonymous, Alex isn’t"), David Natroshvili’s pre-launch presale Stories shot over a Bentley and a Ferrari with a $1,500 minimum and a direct line to his son, the near-empty tier rooms (Foyer 13, Floor 10, Lounge 2 holders + 3 admins, Inner Circle never created), the ~98% collapse, the "Nothing to say" and "stfu" refusals, and the 72-hour evidence scrub — noting the Wayback Machine preserved the site. The post closes: "Very strange business, of course."

iGaming Insides — Telegram channel ↗

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