Fraud in cryptocurrencies is that easy

Fraud in cryptocurrencies is that easy

By admin, Kasım 23, 2024








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Fraudsters are on the rise in the cryptocurrency market, which has become the first address for those who want to get rich quickly. Crypto It was shown live how easily investors can be defrauded in the world of money.

Quant coin scandal

In the incident that took place during the week, a 13-year-old boy living in the USA was seen on live broadcast. Quant It came to the fore when he created a meme coin called “Meme Coin” and after trading in the market for a while, he sold all the amount he had, causing it to collapse.

Quant, which originated from the popular Pump.fun launch platform on the Solana network, grew thousands of times within hours thanks to fake ads commissioned by social media influencers. However, the project in which investors showed interest was collapsed by its owner withdrawing all liquidity. It is stated that the child sold his 51 million Quant coin assets for 128 SOL.

After this, the community embraced the project and supported liquidity, allowing the market value to rise to 1 million dollars. Meanwhile, it was also reported that the 19 million Quant asset that an investor bought with 2 SOL reached up to 988 thousand dollars, and he earned 116 SOL by selling 15 percent of it. It was stated that the child who drained the liquidity later launched two different coins and earned 128 SOL from there.













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