PANews, February 10 — According to Bubblemaps, the winner of the X Creator Competition with a $1 million prize, @beaverd, has been accused of profiting approximately $600,000 through a Memecoin project scam. Investigations revealed that their associated wallet had launched the $SIAS token, which surged to a market cap of $6 million before quickly dropping to zero, and all social media accounts were deleted. Additionally, @beaverd used multiple related wallets to operate, suspected of launching multiple Memecoins and ultimately cashing out.
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