December 3, 2024
Crypto traders doxx 13 year-old-boy who rugged two pump.fun tokens
 #CriptoNews

Crypto traders doxx 13 year-old-boy who rugged two pump.fun tokens #CriptoNews

Cash News

A 13-year-old boy got doxxed by crypto traders after pulling the rug on a pump.fun token he named Gen Z Quant. Traders doxxed his whole family and turned them into pump.fun tokens.

Crypto traders doxx 13 year-old-boy who rugged two pump.fun tokens - 1
The price chart of Gen Z Quant, a token belonging to a 13-year-old who rugged the original token at $30,000, November 20, 2024 | Source: DEX Screener

A 13-year-old boy has been caught in the middle of one of the most random rug-pulls the crypto community has ever witnessed. On Nov. 20, the unnamed boy launched a token on pump.fun under the ticker QUANT and watched as the price go up by 260% mere minutes after launching.

Not even an hour later, the boy dumps all his QUANT tokens, effectively pulling the rug from under traders who had bought the token minutes before. The boy made a profit of $30,000 by inflating the price and selling all his tokens.

As if that was not enough, he went online and flipped the middle finger at the traders who had been burned by QUANT’s rug-pull. He then went on to do the same thing by launching another token of the same name, which he later dumped for another $12,000 in profit.

Not long after, more experienced traders took over and brought the token’s market cap up to $70 million. The Gen Z Quant token he launched as an elaborate troll is currently trading at $0.05571 according to DEX Screener. It has soared to nearly 50% in the past six hours but is gradually going down hill by 13% in the past hour.

Although the boy has managed to turn his initial $30,000 token into a $2.4 million token, the crypto community was not going to let his misdemeanor slide.

Traders began doxxing the boy’s family and locating his school, tracking their social media accounts and complaining about the funds they lost thanks to the boy’s rug pull. Soon enough, developers began launching new pump.fun tokens named after the boy’s family members with their profile pictures revealed to accompany them.

Pump.fun tokens with the ticker QUANT DAD, QUANT SIS and QUANT MOM have already been circulating the markets, as well as tokens accompanied by a picture of the boy’s whole family and their pet dog with the ticker CABAL.

“Kid put his bloodline on the line,” one user pointed out.

“Then the community cto’d it to $135 million. He could’ve had 1.2 million. Then they doxxed his name, address and sschool. The community is roothless,” said a user on X.

One trader dubbed the boy “the future of finance,” while another reminded the community that this boy represents a messed up generation that has been “optimized to do that to people.”

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