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Xeer· 2025-07-13 15:31
Financial Misconduct Concerns - A founder raised $50 million from investors but considers it "his money" [1] - The founder is generating $200 thousand per month from yield farming using his stablecoins [1] - The founder's token has a market cap under $700 thousand with $100 thousand liquidity [1] - Investors are underwater while the founder spends lavishly on travel [1] Governance and Ethics - The report raises ethical questions about a founder's use of investor funds [1] - Highlights a potential conflict of interest between the founder's personal gains and investor returns [1]
X @Xeer
Xeer· 2025-07-13 14:20
rich kid pulls up to the shark table, fresh off a few online poker wins, thinking he’s the next phil ivey. he’s got the chip flourish down, the sunglasses on, and just enough confidence to lose it all in record time.it’s a familiar scene in crypto. every cycle, someone with a trust fund and a ledger thinks they’ve cracked the code after flipping a couple memex coins. they mistake temporary luck for permanent edge, unaware they’re swimming with megalodons.the only difference? the poker fish at least have the ...
X @Xeer
Xeer· 2025-07-13 04:22
Technical Performance - The industry acknowledges the smooth presale experience on pumpdotfun's site, despite high traffic [1] - The industry suggests studying pumpdotfun's site performance, noting its reliability under heavy load [1] - The industry contrasts pumpdotfun's performance with other teams that struggled with significantly less traffic [1]