ZachXBT: Strongly advise staying away from Rain Protocol
Odaily Planet Daily News ZachXBT stated that the on-chain addresses of the Rain Protocol team overlap with the funding sources of failed projects such as TOMI and Data Ownership Protocol (DOP).
On-chain tracking shows that the Rain Protocol deployer's associated address (0xa35e...b8bc) and the TOMI team multi-signature associated address (0xa810...d5d1) had transferred funds to the same address (0xbac1...4fb0) in October 2025. Additionally, an address that received DOP multi-signature funds had also sent remittances to this address. The report points out that projects like TOMI and DOP can be traced back to Israeli founder Moshe Hogeg, who was previously detained on suspicion of crypto fraud. Currently, Rain Protocol's total value locked on Arbitrum is $27.2 million, all in its native token, and its token price appears to be manipulated through a Uni V3 LP address associated with the deployer.
