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A US teen faces backlash for making ~$50K via a “soft rug pull” on Pump.Fun, which made $250M+ in less than a year and is struggling to protect users from scams (Joel Khalili/Wired)

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In less than 10 minutes, a US teen made a small fortune selling off a memecoin he’d made on a lark. Traders, feeling swindled, sought revenge.

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