Not content with their recent Mango trading exploit, Avraham Eisenberg (the guy who exploited the Mango platform for millions) has recently taken to twitter to brag about rug pulling shitcoins:

https://preview.redd.it/2c5dsoxufjv91.png?width=592&format=png&auto=webp&s=8cde8e2c5bb278cbfec93933053c9920bd526a5b

https://preview.redd.it/avb3ooxufjv91.png?width=588&format=png&auto=webp&s=76bbc3c8ffd7bf3a66198fb95f5e2c40ea24b718

Whilst I think investing in these shit coins is an absolute gamble and you are essentially banking on "greater fool" theory to ensure you can make money, purposefully rug pulling projects is absolute scumbag behaviour and I can't help but wonder what the legality is around bragging about it on twitter.

I've always been a big proponent of "less regulation is better" as a bitcoiner but fucking hell, if someone can spin up a scamcoin, deploy it, make a hundred grand and then brag about it on twitter all within a few hours something needs to change. I'd hoped after 13 years people would be a bit smarter and avoid shit like this like the plague but apparently not.

That said, his point about being "so far from the bottom" is true, if there is still money, $250k by his claim, being thrown at absolute shitcoin garbage with 0 marketing and 0 use case, pure speculation and degenerate gambling (likely with bots) we have a long way to go before the market bottoms out.