Insiders capitalized on a lucrative opportunity, reaping substantial profits by dumping Thug tokens on unsuspecting investors like you. Here's how the scheme unfolded:👇
Initially, the Insiders deployed 1,500 SOL, equivalent to $225K, across 4 wallets to purchase a staggering 674 million Thug tokens. Remarkably, this transaction occurred concurrently with the developer's addition of liquidity.
Following the acquisition, the Insiders swiftly distributed the 674 million Thug tokens among multiple wallets. Subsequently, they orchestrated a sell-off, divesting 464 million Thug tokens for a staggering return of 11,454 SOL, valued at $1.72 million.
In a mere span of 10 hours, the Insiders amassed an impressive profit of 9,954 SOL, amounting to $1.49 million. Notably, they took the additional step of burning the remaining 210 million Thug tokens, eliminating any potential future supply.
Wallets involved in the scheme:👇
A9ZLprzhNpqA1LFnxacPLDeoW8zUzPcEjowHkjt6U3z8
EEWZsfedvVFxUHGQWaLRm81WfpsQGeEcGCK6zejcATLu
AVr3u59fPoUuxY7yBfLWyYd2tJBBF3Gp1814tpwaBdRy
4HoZUWFS3r3fVmhyEHWn8uKf1SQ4bznkTiRYL9YiMhhA
Be vigilant against such manipulative tactics in the future to safeguard your investments.