Bubblemaps: X Creator Contest Million-Dollar Winner Participated in Memecoin Scam

ZkProver · 2026-02-11T15:08:49+00:00

Bubblemaps has detected that user Beaver, who recently won the X platform's $1 million article contest, was involved in meme coin pump-and-dump schemes. The associated wallet participated in multiple failed projects and profited approximately $625,000.

ZkProver

2026-02-11 15:08:49

Abstract generation in progress

ChainCatcher reports that, according to Bubblemaps monitoring, a user named Beaver, who recently won the X platform’s $1 million article contest championship, participated in meme coin pump-and-dump activities.

Bubblemaps tracked this user’s public address and found that their associated wallet address 2mQB8o issued the token $SIAS on the Pumpfun platform. The token’s market cap once reached $6 million before quickly dropping to zero, and the project team subsequently deleted all social media accounts. Data shows that the user engaged in pump-and-dump operations through four sidechain wallets, profiting approximately $600,000, with an additional $25,000 profit from their personal wallet. Bubblemaps states that wallets linked to this user have also issued multiple meme coin projects that ultimately went to zero.

MEME0,32%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.