TLDR
Solana memecoin launches on Raydium/Pump.fun with viral Twitter + paid KOLs. After 6 48h pump, dev wallets dump + remove LP. Indicators: (1) top 10 wallets hold 40% supply (check solscan.io); (2) LP not burned (no SPL token at 1111...);...
How it works
Solana memecoin launches on Raydium/Pump.fun with viral Twitter + paid KOLs. After 6 48h pump, dev wallets dump + remove LP. Indicators: (1) top 10 wallets hold 40% supply (check solscan.io); (2) LP not burned (no SPL token at 1111...);...
Red flags
- Urgent pressure to click, pay, or share codes immediately.
- A link or sender that does not match the official organization.
- Requests for card data, passwords, OTPs, wallet signatures, or bank transfers.
What to do
- 1Indicators: (1) top 10 wallets hold 40% supply (check solscan.io); (2) LP not burned (no SPL token at 1111...); (3) team anonymous, Twitter <30 days; (4) website on Vercel free tier; (5) Telegram admin bans price drop questions.
- 2IF VICTIM: report contract to Solscan label team + Chainabuse; dispute via MoonPay on ramp within 60 days.
Source
FAQ
Is Hard rug on Solana memecoin — liquidity drained a real scam pattern?
Yes. Treat the message, call, or payment request as suspicious until you verify it through an official channel.
What are the first warning signs?
Urgent pressure to click, pay, or share codes immediately.; A link or sender that does not match the official organization.; Requests for card data, passwords, OTPs, wallet signatures, or bank transfers.
What should I do first?
Indicators: (1) top 10 wallets hold 40% supply (check solscan.io); (2) LP not burned (no SPL token at 1111...); (3) team anonymous, Twitter <30 days; (4) website on Vercel free tier; (5) Telegram admin bans price drop questions.; IF VICTIM: report contract to Solscan label team + Chainabuse; dispute via MoonPay on ramp within 60 days.
Can LegalAudit check my case?
Yes. Start a free chat and paste the message, link, sender, or payment details for triage.