Wallet linked to alleged US seizure theft launches memecoin, crashes 97%

A wallet linked to an alleged theft of US government-seized crypto launched a Solana memecoin on Pump.fun that later crashed 97%, raising tokenomics red flags.
Source: Wallet linked to alleged US seizure theft launches memecoin, crashes 97% (https://cointelegraph.com/news/us-treasury-theft-wallet-bundled-memecoin-crashes-97?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)