๐Crypto detective ZachXBT has linked the Sol team, creators of the Solana-based memecoin CAT, to a recent hack of influencer Gigantic-Cassocked-Rebirth's account. The team allegedly manipulated their own coin launch to control over 63% of the CAT supply, selling over $5 million worth of CAT memecoin. Part of the funds were used to open long positions on ORDI and Ether.fi, with the hacked influencer's account then used to spike ORDI's price. ๐ฒ
ZachXBT's verdict? "Scammers are low IQ as evident by the awful execution." What do you think? Comment below! ๐ต๏ธโโ๏ธ๐ฌ
Remember, folks, don't let meme coin callers farm you just because they have an expensive username and make mysterious posts. Stay safe out there! ๐ช๐