Founder of Whales Market, founder of #Solana-based GM AI protocol, accused of rug pull 💸

Hung Dinh, the entrepreneur behind Dextercap, raised $30 million 💰 for GM AI, but the token's price crashed shortly after its launch.

@FabianoSolana and others in the crypto community accuse Hung Dinh of converting the funds to stablecoins 🔄 and failing to deliver on his commitments.

Hung Dinh responded by acknowledging mismanagement and promising to find a way to compensate investors.