Unsurprisingly, he and his family were doxed by angry traders.

    • @[email protected]
      link
      fedilink
      English
      1045 days ago

      IDK what you want to call it.

      It’s silly to get mad at the kid for selling a shitty meme coin people were willing to pay for when that’s the whole reason they exist.

      • shoulderoforionOP
        link
        fedilink
        485 days ago

        enough people automatically buy into every coin created, a couple bucks here, a couple bucks there, hoping one will take off, that’s where this 50k bump earnings, and the millions in valuation comes from. kid invested $300 buying a stake in his own coin, he could’ve lost it. he didn’t.

      • Andy
        link
        fedilink
        English
        294 days ago

        Yeah. Everyone who got mad at him is basically like, ‘Hey! Fuck you, asshole, for selling before I got a chance to sell! I wanted to do that, but you did it before I could do it! No fair!’

        Also: the coins are now with far more than when he sold. So strangely, the folks who got rug pulled ended up with an actually valuable coin and an opportunity to sell at a high price. Which makes zero sense to me. But they apparently have no reason to complain. It worked out great for everyone, somehow.

        Very stupid.

      • @x00z
        link
        English
        305 days ago

        Better words to use here:

        • swindles
        • defrauds
        • pockets
        • scams
        • @[email protected]
          link
          fedilink
          English
          50
          edit-2
          5 days ago

          It’s none of those.

          There is not, and never was, any reasonable belief or expectation that there was any path to resembling an actual currency. The entire market is shitty gambling hoping you’re the one who times their sale correctly.

          • sunzu2
            link
            fedilink
            -485 days ago

            Fraud is a criminal offense dear… The fact that you are defending is telling on where we are within societal collapse time lin

            Cheers;)

            • @[email protected]
              link
              fedilink
              English
              325 days ago

              You clearly don’t know what fraud is.

              All shitcoins are idiotic gambling. The entire nonsense game is to be the one who sells their bullshit before everyone gets bored of it. Winning against everyone else playing the same stupid game isn’t fraud.

              • sunzu2
                link
                fedilink
                -475 days ago

                And this attitude is what got UnitedHealth parasite wacked;)

                He too dindu nuffin haha

                • @[email protected]
                  link
                  fedilink
                  English
                  23
                  edit-2
                  5 days ago

                  You realize what he did is literally the only reason those coins exist?

                  Nobody was investing. This isn’t taking a stock of an actual company and manipulating it to steal from shareholders. The only purpose of these coins is to play this bad game.

                  • sunzu2
                    link
                    fedilink
                    -245 days ago

                    You blaming the victim… Look up how fraud is defined under your state’s law

                    Sure idiots getting punked is cute. I know that government doesn’t give a fuck about financial crimes unless you fuck over the rich

                    But the intent to defraud here is pretty clear.

                    As if the state won’t enforce its one laws, looks like the people might

                    All good by me if parasites get wacked lol

      • @givesomefucks
        link
        English
        55 days ago

        IDK what you want to call it.

        Scammed

        Obviously.

        The entire purpose of crypto is a scam. People buy it only because they hope it will later be worth more and they can sell it. Even tho the act of selling it lowers the price especially if they have a lot.

        You’re saying it’s right because it’s working as intended and legally it’s not prohibited.

        Other people say it’s a scam because they’re putting their personal morals over the law. That’s textbook antisocial behavior, and not always a bad thing. The French resistance in WW2 were antisocial, MLK was antisocial, Occupy was antisocial.

        It can be bad too, like the KKK or the people from 1/6

        But when the majority of a society is antisocial (doesn’t matter good or bad ways) that society is usually fucked.

        And this week just gave a pretty good example that a majority of people put their personal morals above societies laws.

        At a certain point, the people change societies to match their morals, the opposite is always temporary.

      • @9point6
        link
        English
        4
        edit-2
        5 days ago

        I see where you’re coming from but then you could easily headline this as “Teenage con man scams $50k”

        Just because some people are gullible, and even if they’re also often shitty people, it doesn’t mean they deserve to be scammed

        • @[email protected]
          link
          fedilink
          English
          155 days ago

          What promises did he make?

          Selling something that has no value for money to people who know it has no value isn’t a scam.

        • @ZapBeebz_
          link
          English
          74 days ago

          As someone who has basically come to see “memecoin” and “scam” as synonyms, I have a hard time having any sympathy for anyone who puts money into this shit. Everyone knows that the endgame of every memecoin is for the creator to walk away with all the profit, right? Enough incidental people win a bit of money to keep everyone gambling that they can beat the scam, but everyone has to know that they’re feeding the scam when they buy in, right?

      • sunzu2
        link
        fedilink
        -145 days ago

        Are you juarifying criminal behavior now?

        Hmmm

    • @cabron_offsets
      link
      English
      65 days ago

      It’s not like this kid is a health insurance CEO.

      • sunzu2
        link
        fedilink
        -95 days ago

        Yeah there are only a few people who would want him dead… So far but he getting a strong start on his parasite career

    • @PriorityMotif
      link
      English
      5
      edit-2
      4 days ago

      Is defrauding crypto investors really that bad though?

    • lurch (he/him)
      link
      fedilink
      English
      24 days ago

      if he mined the coins at home, he basically traded electricity his parents paid for. idk where they mine on this platform tho

    • sunzu2
      link
      fedilink
      -65 days ago

      Hmm… Learning that being a prasite is profitable is dangerous.

      The adjustor might take notice tho