Flutterby™! : Pump-n-dump

Pump-n-dump

2024-12-09 19:12:21.92803+01 by Dan Lyke 7 comments

Today in "I'm not sure how I feel about 'earns' in this context": Teen creates memecoin, dumps it, earns $50,000 — Unsurprisingly, he and his family were doxed by angry traders.

The reason I'm unsure is: It's gotta be pretty hard to find new crypto marks in this environment, right?

Via

comments in ascending chronological order (reverse):

#Comment Re: Pump-n-dump made: 2024-12-10 13:39:57.035727+01 by: DaveP [edit history]

Uh, he created multiple memecoins (three according to the story) and dumped them. So apparently it’s not that hard at all.

And two weeks late, he created five more, including one named “dontbuy” and made another $5000 from suckers.

#Comment Re: Pump-n-dump made: 2024-12-12 13:30:20.541079+01 by: DaveP [edit history]

And more: https://www.theguardian.com/technology/2024/dec/12/gambling-memecoins-donald- trump- hawk-tuah-girl-haliey-welch-crypto Bother. The “format with text” mangles the url because line-wrap. Format with html it is.

#Comment Re: Pump-n-dump made: 2024-12-12 13:30:20.541079+01 by: Dan Lyke

Okay, now I've gotta try this... https://www.theguardian.com/te...wk-tuah-girl-haliey-welch-crypto

#Comment Re: Pump-n-dump made: 2024-12-12 13:30:20.541079+01 by: Dan Lyke

It works correctly, just ellipsises the display part of the link.

#Comment Re: Pump-n-dump made: 2024-12-13 13:07:36.189435+01 by: DaveP

Maybe it’s iOS forcing the line-wrap? I do just about everything from an iPad nowadays.

#Comment Re: Pump-n-dump made: 2024-12-13 13:07:36.189435+01 by: Dan Lyke

Ugh. At some point I went through and tried to get the right settings for all of the browsers to not insert line breaks, but I could totally believe that mobile Safari fucks everything up.

#Comment Re: Pump-n-dump made: 2024-12-14 13:10:42.61632+01 by: DaveP

Yeah, don’t fix it just for me, unless you want to. I already found a workaround (or is it a reacharound?).

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