Latest News on Pump-and-dump

Blockchain analytics firm Bubblemaps flagged Rugproof for suspicious token activity, alleging a deceptive launch structure mimicking a rug pull setup.

An amended lawsuit accused Pump.fun and key Solana partners of operating an unlicensed digital casino that funneled billions through deceptive memecoin schemes.

The pastor claimed that “God told” him to shill INDXcoin, which caused financial losses to at least 300 investors.

Spreading claims that Pump.fun’s $500 million presale tokens are locked due to a missing withdrawal function are false.

Celestia co-founder Mustafa Al-Bassam said the team remains fully committed despite community outrage over alleged insider dumping and a 95% token drawdown.

Some vanished into the ocean, others into thin air. A few weren’t even dead.

Movement Labs has terminated co-founder Rushi Manche following controversy surrounding a market maker deal with Rentech and Web3Port that triggered significant price drops.

Movement Labs suspended co-founder Rushi Manche after controversy over a market maker deal he brokered, which triggered a third-party investigation and Coinbase’s delisting of MOVE.

Argentina’s Chamber of Deputies voted to launch an investigation into President Javier Milei on allegations he promoted the Libra memecoin scam.

Smart money traders continue seeking speculative investment opportunities despite signs the memecoin “supercycle” has ended.

Memecoin activity flourished after the launch of US President Donald Trump’s TRUMP memecoin on Jan. 18, but fell off after “Libragate.”

Token listing announcements stir up hype, but data shows a majority of tokens sell-off once listed.

Ether price rallied 7% after a new memecoin protocol was launched, but data shows traders are not buying the hype.

A proposed class-action suit alleged all crypto tokens on Pump.fun are “unregistered security memecoins” that earned the platform nearly $500 million.

A memecoin bearing Haliey Welch’s likeness rose to a market capitalization of roughly $500 million after its launch on Dec. 4 before dropping by 90%.