13-year-old streamer known as “$Kid” creating a meme coin called “Gen Z Quant” ($QUANT) and executing a pump-and-dump scheme. In November 2024, the teenager launched the cryptocurrency on the Solana-based platform Pump.fun. During a live stream, he promoted the coin, and as its value increased, he sold off his holdings, reportedly making around $30,000. This action led to the coin’s value collapsing, causing significant backlash from the crypto community.
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