Summary

A teenage boy created and released three memecoins, earning over $50,000 by selling his holdings before the price crashed (“soft rug pull”).

The backlash was swift, with the boy and his family doxed and facing threats from angry traders.

While the legality of such actions is unclear, the incident highlights the risks and ethical dilemmas in the unregulated memecoin market.

  • @cal4
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    62 months ago

    Is this really a thing? Do you have any recommendations?

    • @[email protected]
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      fedilink
      72 months ago

      I’m not sure what current market place is the go to, but I would tread with caution.

      I was in a bad way with Xanax a few years ago and used to order them on a darkweb marketplace, I nearly ruined my life and risk death from withdrawals.

      There is also the risk of other chemicals being found in prescription drugs , such as fentanyl which can kill you with even trace amounts of it.

      All that said I made dozens of orders and only ever had one not arrive. It goes without saying you should be making small orders for money you’re happy to lose. It’s often not the seller that will rip you off, but the marketplace doing an exit scam.

      • ℍ𝕂-𝟞𝟝
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        fedilink
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        32 months ago

        Wasn’t there a news piece about an eyedrop from India that killed a few people and made others go blind because of some bacterial infection?

        • @Maldreamer
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          12 months ago

          Yea, some medicine exported from India to African countries had quality issues, there was also another news about a cough syrup which caused child death

    • @Machinist
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      32 months ago

      This isn’t heavily controlled stuff. Antidepressants, heart medication, gi prescriptions, stuff insurance should cover but deductibles, yada yada. Sky Pharmacy.