Ross Ulbricht Loses $12 Million on Pump.fun
The founder of the Silk Road Ross Ulbricht, while trying to liquidate the Ross to the Ross, loses $ 12 million pumps. Although he still retains 10 % of the supply, he only received $ 600,000 in assets.
The incident illustrates how many changes have undergone the encryption space since ULBRICHT’s last activity. Compared with the Silk Road, pumping and catering coins are a new paradigm of speed and chaos.
Ulbricht’s rude awakening of pump pumps.
according to Blockchain Analysis Company Arkham IntelligenceRoss Ulbricht has just lost $ 12 million in Pump.fun. The founder of the Silk Road Ulbrich Ten years of imprisonmentEssence
back Donald Trump pardoned him After taking office, Community characters start donation Support him to re -integrate into society.
One of these donations illustrates how many changes in cryptocurrency space in the past ten years. An anonymous developer in pump.fun launchpad And gives half of ULBricht.
However, when trying to liquidate, he inadvertently Meteorite Its value has catastrophic consequences.
“Ross Ulbricht Sorana Donation Last week, the address obtained 50 % of ROSS supply from the developer. Ross tried to increase single -sided liquidity to sell coins passively, but accidentally used Raydium CPMM (constant product marketers) instead of CLMM (centralized liquidity marketers) to create a swimming pool. “Arkham said.
Ulbricht initialized the Ross liquidity pool of the pump at the wrong price, which caused the MEV robot to immediately use and sell. At first, this only used 5 % of the total token supply, but Ulbricht tried to liquidate 35 % shortly after.
This led to a decrease of Ross token by 90 %, and he received $ 600,000 for $ 12 million in assets.
The direct response of the encrypted community is essentially sympathetic. Before the arrest, the Bitcoin trading on the Silk Road was the largest catalyst in the industry. Some people even say that many users in 2012 are familiar with cryptocurrencies alone because of the Silk Road.
Although most community members have not questioned Urbrhit’s imprisonment, his decision has greatly intensified. For example, Ulbricht was sentenced to double judgment, while some of the worst drug dealers on the Silk Road were even lighter.
Overall, the purpose of the Rose token is to help him return to the real world, but defi The cause coin has changed a lot. He still retains one -fifth of the donated ROSS tokens, which is much less valuable.
This episode shows that industry veterans like Ulbricht may still lose on Pump.fun. Most traders on the platform lose moneyThe founder of Sorana Explain strong contempt for this In an anonymous investigation.
Merchant coin transmitting table in May There is a record -level income In 2025, but also After a lot of reviewEssence Hope Urbrihit can rebound from this rude awakening.
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