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

ZkProver · 2026-03-07T17:16:36+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

2026-03-07 17:16:36

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

Bubblemaps tracked this user’s public address and found that their associated wallet 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 this user profited about $600,000 from pump-and-dump activities through four sidechain wallets, with an additional $25,000 profit in their personal wallet. Bubblemaps states that wallets linked to this user have also issued multiple meme coin projects that eventually went to zero.

MEME-6.21%

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