This Meme Token Crashed 90 Percent With Insider Selling Allegations! Rug Pull?

WallStreetBets’ unofficial meme token, WSB, which became popular on social media platform Reddit, has lost 90% of its value after a massive sale by one of the team.

Managing the moderation bots of WallStreetBets and creator of the meme token “zjz.eth”millions reserved for the team WSB triggered a serious drop in price by selling. While the sales by the team employee led to rug pull claims, the situation was first Ice Bagz It was noticed by a Twitter user named Cryptocurrency security company PeckShieldAlert to the details of the event on-chain with data clarified.

According to the data, the person who completed the WSB sale with two different transactions, 635 thousand dollars decentralized exchange (DEX) worth of WSB Uniswap over sold. Then, the team worker who continues Uniswap transactions, $46.7 million made another huge sale.

A social media account established to represent the moderators of the WSB project reacted to the situation and shared it. in the shipmentzjz.eth and is_unpopular He targeted another team employee with the nickname. 771k followers WSBMod in this post shared from his account two team workers threatened to give to the police:

Hey zzz.eth, If you don’t contact me within 4 hours, I will file a complaint with the police and the FBI. You’re acting like you’re totally crazy. I don’t understand why he did this. If you somehow have an explanation, you have to speak up, but I don’t know how that is possible. You still have a chance to get the money back.

This warning, covering a period of 4 hours by WSBMod, was shared after the fraudulent employees did not respond. in the shipment where they both live disclosed And to the police It was stated that the application was made on the subject.

According to CoinGecko data, in the last 24 hours 90% depreciating WSB, 0.00054165 at dollar level $0.00004827 as much as it declined. WSB at the time of writing From $0.00006223 is being traded.


source site-10