TechFlow to TechFlow, on February 10th, Bubblemaps reported that Beaver, the user who recently won the $1 million article contest on the X platform, had participated in a Meme coin pump-and-dump scheme.
Bubblemaps traced the user's public addresses and discovered that the associated wallet address, 2mQB8o, had issued the token $SIAS on the Pumpfun platform. This token's market capitalization once reached $6 million before quickly plummeting to zero, and the project team subsequently deleted all social media accounts. Data shows that the user participated in pump-and-dump schemes through four sidechain wallets, profiting approximately $600,000, with their own wallet also profiting an additional $25,000. Bubblemaps stated that wallets associated with this user had also issued several other Meme coin projects that ultimately went to zero.
