Scammer Nets Over $315,000 Worth of Ethereum Through Creation and Abandonment of Meme Coins

07/10 11:05

A scammer, whose identity is unknown, has managed to make more than $315,000 worth of Ethereum by creating and abandoning meme coins. The scammer's strategy involved creating a meme coin with a small amount of Ethereum, providing liquidity to gain investor trust, and then removing the liquidity once sufficient investment was attracted.

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