Donations Fall Short as James Wynn Faces Rug Risk Accusations
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- Crypto watchdog MASTR accused Wynn of soliciting donations and a possible $90K rug-pull.
- James Wynn got $8.9K from 245 wallets, as MASTR calls them, the “dumbest wallets”.
- Wynn’s $100M gains reversed as liquidations cut his account to approximately $900.
James Wynn’s latest memecoin launch drew weak demand after online watchdogs accused the trader of using donations to fund another risky move.
Crypto watchdog MASTR posted an update saying Wynn’s self-assigned $ASSDAQ allocation was worth around $90,000. They pointed out that the trader could sell the tokens in the market, potentially rug-pulling the investors.
Additionally, MASTR said around 245 wallets directly sent funds to Wynn after he asked for donations for his token launch. According to the post, total contributions reached roughly $8,900 at the time of publication.
MASTR called the senders…
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