Get the latest tech news
He Built Memecoin Factory Pump.Fun. Did He Make a Small Fortune Dumping His Own Shitcoins as a Teen?
Long before Dylan Kerler developed memecoin launchpad Pump.Fun, somebody going by the same name made tens of thousands of dollars “rug-pulling” crypto coins that they created.
That secrecy stems partly from a concern about “personal security and safety,” Tweedale told WIRED in an interview last year, acting as a shield against any would-be extortionists attracted by the crypto wealth passing through Pump.Fun coffers. When WIRED visited the property on April 15, an individual speaking over the intercom declined to answer questions or identify themselves but said that Kerler “doesn’t live here anymore,” thereby confirming the accuracy of the electoral records. Though some investors continued to hope that Dylan Kerler would return—“I can smell the white paper," joked one person on October 24, days after the price had collapsed—the eventual outcome would have been easily predicted by anybody paying close enough attention.
Or read this on Wired