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Teen Brutally Rug Pulls Crypto Community, Pleads Them Not to Tell His Parents
Buy-n-Shoot NewsRug Pulled A kid in his early teens made a small fortune after running a brutal crypto pump-and-dump scheme. As Wired reports, California resident Adam Biesk's son launched 1 billion memecoins dubbed Gen Z Quant last month. He spent roughly $350 to buy 51 million tokens for himself. The teen then streamed himself on the online coin launch platform Pump.Fun, leading to a sharp increase in the price of Gen Z Quant — much in the vein of the platform's name. Hours later, the minor pulled the ripcord, cashing out with $50,000 worth of crypto in his pockets. "No way. […]
