The MemeCoin Mirage: How Pump.fun Is Being Exploited by Serial Scammers
The MemeCoin Mirage: How Pump.fun Is Being Exploited by Serial Scammers In the ever-evolving landscape of crypto, memecoins have carved out a chaotic, unpredictable niche—some projects moon within hours, while others vanish just as fast. But behind the hype, something much darker is brewing. It’s no longer just about luck or poor research—it’s about systematic exploitation. And it’s time we talk about the bad actors fueling it. Two wallets, countless rug pulls, and over $400,000+ stolen in mere days. This isn’t trading. This is organized crypto crime. Meet the Wallets That Won’t Stop Rugging Let’s start with the evidence. Wallet 1: HyNYVymnFmi87NsQqWzLJhUTPBKQUfgfhd… Username: @shitoshi__ Followers: 9232 Created Coins: 10 (and counting) Solana Balance: $270.05 (at the time of writing) Known as “shitcoin fartamoto”—and that name might be the only honest thing about them. Wallet 2: GZVSEAajExLJEvACHHQcujBw7nJq98GWUEZtood9LM9b Username: @mrdevvvv Followers: 322 Tokens Create...