According to BlockBeats, the well-known KOL Adam Cochran has recently been caught up in the rug storm again. The Geld token he issued rose more than 2 million times in one hour on the Base chain, but investors found that they could not sell it. Geld claims to be a proof-of-work token. The issuer Adam Cochran is the former managing partner of venture capital fund Cinneamhain Ventures and currently serves as an advisor to Defi protocol Synthetix. Because Adam set the Uniswap router to the v3 Sepolia testnet contract, the token could not be sold. At present, the market value of Geld's token has reached 9 trillion US dollars, which is equivalent to the amount of funds managed by Wall Street asset management giant BlackRock, and far exceeds Japan's GDP. Previously, Adam was questioned for promoting the cipher.fan project, which announced that it would stop operating after one day of operation, causing a large number of users to face financial losses.