CoinVoice recently learned that according to Cointelegraph, the WAP token promoted by the famous American rapper Cardi B on the social platform X has caused controversy. The initial investigation by blockchain analyst Wazz showed that the wallet address published by Cardi B was related to multiple rug pull projects. Blockchain security company PeckShield suspected that Cardi B's X account may have been hacked.

However, Wazz refuted PeckShield's speculation, saying that her account had not been hacked. "This was a planned behavior, as evidenced by multiple propaganda, cartoons, and previous tweets. In addition, you looked at the wrong pool of funds, and the actual liquidity was $700,000."

Blockchain data visualization platform BubbleMaps found that 60% of the WAP token supply was tied up at the time of issuance. In addition, about $500,000 worth of tokens were sold within 10 hours of the project's launch. BubbleMaps also pointed out: "In order to avoid tracking, all wallets involved in the bundling transferred their tokens one-to-one to brand new addresses 4 hours ago." [Original link]