FBI Director Kash Patel Fake Memecoins Flood Pump.Fun

As soon arsenic Kash Patel got appointed arsenic the caller FBI Director, scammers wasted nary clip flooding Pump.fun with fake memecoins nether his name. Given Patel’s ties to Trump, his sanction is present being utilized to currency successful connected the hype, but these coins are wholly worthless.

In conscionable the past 24 hours, hundreds of Kash Patel-themed tokens person been created wrong minutes of each other, arsenic the quality came retired of Kash Patel being appointed arsenic the new FBI Director. 

Most of them person the aforesaid price, the aforesaid value, virtually zero, and a marketplace headdress of conscionable $4.9K, which is fundamentally non-existent. These are thing but speedy scams designed to fool radical into buying earlier they disappear.

One much reddish emblem is that maximum proviso of these coins are held by a azygous oregon a fewer addresses, astir apt by creators, and person precocious accidental of rug pull.

Pump.fun’s unfastened quality makes it casual for scammers to motorboat tokens instantly, and this is conscionable the latest illustration of however hype-driven crypto tin crook into a playground for rug pulls. 

With truthful galore of these fake coins popping up, it’s a wide warning: don’t autumn for the hype. Always DYOR earlier touching immoderate memecoin.

Also Read: Fake Pi Coin Crashes aft Launch connected Pump.Fun