If those involved in the dump fail to come forward, wsbmod has threatened to report them to the police and the FBI.
A moderator of the popular trading subreddit r/WallStreetBets has dumped a large portion of the WSB Coin , a token project that claims to be the official memecoin of Wall Street Bets.
On May 2, WSB was launched by people involved in moderating the WallStreetBets Reddit forum. The subreddit gained notoriety for thethat there would be no allocation for the team and that 10% of the coins would be reserved for the subreddit. The website writes: “It’s the fairest launch memecoin you will find with no team allocation and no presale. Just a free airdrop and some coins for the community. 10% of the $WSB supply is reserved as a treasury for the r/wallstreetbets sub to do with as they please.”
However, just days later, one of the token’s team members started to dump massive amounts of tokens. On May 4, on-chain detective ZachXBT
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