ZachXBT Alleges Ex-Pro Fortnite Player Involved in $3.5M Memecoin Scam
ZachXBT’s investigation has linked addresses connected with a former professional Fortnite player and cybersecurity analyst to multiple high-profile account takeovers. Blockchain investigator ZachXBT has accused an Australian former professional Fortnite player and blockchain security analyst of orchestrating memecoin scams that allegedly stole approximately $3.5 million. In a thread posted on X on November 27, ZachXBT […]
Solana Memecoin Trader Makes $5.6M with CHILLGUY Token
After purchasing tokens associated with a viral internet meme, a Solana-based memecoin trader made $5.6M at the current market price from a $160 investment. A wallet made two purchases of the Just a chill guy (CHILLGUY) memecoin on Nov. 15, according to data from Solana’s blockchain explorer Solscan. The trader exchanged 9.6 million CHILLGUY tokens […]
Pepe Coin Whale Dumps 500B, Signals Meme Coin Selloff
Pepe Coin (PEPE) surged 75% after Coinbase and Robinhood listings, with one whale selling 500 billion PEPE for $11.8 million, earning $45 million in profit. As a result of the listings on Coinbase and Robinhood, the price of Pepe Coin (PEPE) experienced a significant increase of 75% in the past twenty-four hours. The on-chain data, […]
Caitlyn Jenner Sued by JENNER Memecoin Buyers
A lawsuit filed on November 13 claims Caitlyn Jenner misled investors by marketing a “memecoin” as an unregistered security. A proposed class-action lawsuit alleges that Caitlyn Jenner, a former Olympian, is marketing memecoins as an unregistered security on behalf of a number of individuals who have purchased the celebrity currency. Naeem Azad and Mihai Caluseru, […]
Crypto.com’s Nadex Lists 4 Memecoin Derivatives
Nadex, the North American derivatives exchange of Crypto.com, has included derivatives contracts associated with memecoins such as FLOKI and PEPE in a recent filing to the US CFTC. According to the filings, Nadex has also included derivative products associated with Dogelon Mars (ELON) and BONK. According to CoinMarketCap, the aggregate market capitalization of the four […]