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Bubblemaps: X $1 million article contest champion Beaver has participated in meme coin pump and dump, profiting over $600,000
Deep Tide TechFlow News, February 10 — According to Bubblemaps monitoring, user Beaver, who recently won the $1 million article contest on the X platform, participated in a meme coin pump-and-dump scheme.
Bubblemaps tracked this user’s public address and found that their associated wallet address 2mQB8o had issued the token $SIAS on the Pumpfun platform. The token’s market cap once reached $6 million before quickly dropping to zero, and the project team subsequently deleted all social media accounts. Data shows that the user participated in the pump-and-dump operation through four sidechain wallets, profiting approximately $600,000, with their personal wallet additionally earning $25,000. Bubblemaps states that wallets linked to this user have also issued multiple meme coin projects that ultimately went to zero.