TechFlow news: On February 10, according to monitoring by Bubblemaps, Beaver—the winner of X’s $1 million article contest—previously participated in meme coin “pump-and-dump” schemes.
Bubblemaps traced the user’s publicly disclosed address and found that the associated wallet address 2mQB8o had launched the token $SIAS on Pumpfun. The token’s market cap briefly reached $6 million before rapidly collapsing to zero; the project team subsequently deleted all its social media accounts. Data shows that the user executed pump-and-dump operations using four sidechain wallets, earning approximately $600,000. Additionally, the user’s personal wallet earned another $25,000. Bubblemaps noted that wallets linked to this user have also launched multiple other meme coin projects that ultimately collapsed to zero.
