Another graveyard for meme coins is added: Kishu Inu founder is sued by U.S. prosecutors for wire fraud, accused of misleading investors about the founder’s holdings and token sales, with the amount involved exceeding $9 million.

Behind the meme-coin overnight-riches myth, half of it is the pincer. The founder yells “diamond hands” while secretly dumping—this script has been seen too many times.

$KISHU #Meme