The younger streamer behind a viral meme coin known as Quant was doxxed by the crypto group after he ripped off buyers, as reported by Decrypt and The Crypto Occasions. Throughout a livestream earlier this week, the child giddily watched the value of his meme coin go up earlier than promoting his stake for $30,000 and flipping off viewers, inflicting its worth to plummet.
The younger investor, who stories declare is 13 years previous, began gaining consideration after his publish on X went viral. “Simply made 2k earlier than college. Lock in,” the publish mentioned, alongside a photograph of the child holding up his telephone to point out off his beneficial properties. When the boy later launched his token Quant throughout a livestream, investments rapidly began coming in — till he pulled all the cash out of the token utterly, Decrypt stories.
However issues began to show unusual and ultimately ugly when members of the group appeared for methods to take revenge:
That is simply the newest instance of a pattern round meme coin creators selling their tokens via livestreams, which contain wild — and generally harmful — stunts.