Solana

ZachXBT

<ul class="news-points"> 
 <li>ZachXBT revealed that the creators of the URF meme coin have disappeared.&nbsp;</li> 
 <li>They raised around 2,400 SOL, amounting to $450,000.&nbsp;</li> 
 <li>American influencer Bryce Hall promoted the meme coin in several posts.</li> 
</ul> 
The team behind a meme coin project based on the Solana blockchain has disappeared after raising a significant sum from its presale,<a href="https://coinedition.com/safereum-price-plummets-more-than-95-after-1-2-million-rug-pull/"> rug pulling</a> on the investors.&nbsp; 
As revealed by blockchain investigator ZachXBT via a<a href="https://twitter.com/zachxbt/status/1775271634926289053" target="_blank" rel="nofollow"> post</a> on social media platform X (formerly known as Twitter), American social media personality and bare knuckle boxer, Bryce Hall promoted the meme coin heavily.&nbsp; 
ZachXBT stated that Hall helped the creators of the project dupe investors by promoting the presale, which allowed them to raise 2,400 SOL, or around $450,000. Notably, the team has vanished less than 24 hours after launch, while the social media accounts related to URF have had zero activity since March 26.&nbsp; 
Further, the creators have been using the funds generated from the presale to trade meme coins on exchanges via the address 2Y8hZh5on4q9wyqXoNYC8oYPUVQMunrzqW8qDmxup4R8.&nbsp; 
In a March 19 X post, ZachXBT<a href="https://twitter.com/zachxbt/status/1770193696669270347" target="_blank" rel="nofollow"> highlighted</a> that such cases of rug pulls are gradually increasing on the So…
The post <a href="https://coinedition.com/another-day-another-solana-rug-urf-team-vanishes-after-450k-presale/">Another Day, Another Solana Rug: URF Team Vanishes After $450K Presale</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Another Day, Another Solana Rug: URF Team Vanishes After $450K Presale

Coin Edition

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