X million dollar long-form champion Beaverd is exposed as a "Meme coin serial predator," and he coldly retorts, "Cry about it."

動區BlockTempo
MEME1,92%
PUMP1,18%
EGG1,39%

X Platform Long-Form Writing Competition Million-Dollar Champion Beaverd (@beaverd) Exposed by On-Chain Analysis Firm Bubblemaps, Accused of Continuously Issuing Over Ten Meme Tokens via Pump.fun and Profiting Over $600,000

(Previous context: Arthur Hayes’ long article: Elections, Oil Prices, and Printing Machines—Why Bitcoin Only Looks at Trump’s Face)

(Additional background: a16z long article: What Risks Does Quantum Computing Bring to Cryptocurrency?)

On February 4th, X platform officially announced the results of its long-form writing contest, awarding the million-dollar grand prize to Beaverd (@beaverd). His winning article was “Deloitte, a $74 Billion Cancer That Has Spread Across the United States,” exploring the role of large government consulting firms in federal and state IT systems. The article accumulated 44.71 million views, 29,000 likes, and 7,700 shares. Elon Musk himself replied under the post, saying “Disturbing.”

However, the day after the announcement, on-chain analysis firm Bubblemaps posted a lengthy investigative tweet thread, directly accusing this million-dollar winner of having a hidden identity: a Meme coin serial pump-and-dump operator.

imagine you create an app to expose financial crime

then casually realize the app is so bad you could not expose this “criminals” top 5

imagine https://t.co/UGQcpUTbkq pic.twitter.com/FFjStGomyE

— Beni 🧠 (@benixbt) February 10, 2026

adolfnigler.sol and Over Ten Similar Schemes

According to Bubblemaps’ on-chain tracking, the public address used by Beaverd is directly linked to multiple Pump.fun token deployer wallets, one of which is registered on the Solana Name Service (SNS) as “adolfnigler.sol”—a name with obvious racist connotations.

Bubblemaps tracked at least the following tokens:

Token Name Result
SIAS Market cap soared to $6 million then zeroed out within minutes; official account deactivated
somaliscan Dropped 86% from peak after the award announcement
PISS Zeroed out
4am Zeroed out
RACISM Zeroed out
ExitStrat Zeroed out
EGG Zeroed out

Bubblemaps’ analysis shows Beaverd’s typical method: Deploy tokens via Pump.fun → Use related wallets to buy en masse at the first moment → Create a false impression of price surge → Sell at the high point → Delete the token’s social accounts. Repeating this over ten times, he accumulated profits exceeding $600,000.

“Cry me a river” with No Regret

In response to Bubblemaps’ public accusations, Beaverd did not deny the wallet link nor rebut the on-chain transaction records. Instead, he left a provocative reply under Bubblemaps’ tweet:

“Cry me a river, this isn’t even one of my top five masterpieces.”

This unapologetic response immediately sparked community outrage. Many users questioned how he could have profited from repeatedly pumping and dumping retail investors’ tokens while simultaneously receiving the X platform’s official million-dollar “creator” award.

It’s worth noting that Beaverd describes himself on his personal website and X profile as “God’s most retarded soldier,” and his past tweets include racist remarks. NBC News reported that he once posted comments like “I think America is better with lighter skin, send those Somalis back,” among others. The official rules of the X long-form contest clearly state that entries “must not contain political or religious statements.”

Currently, Beaverd’s main argument is that the long-term decline of the tokens he issued is a form of “Rug Pull.”

imagine you create an app to expose financial crime

then casually realize the app is so bad you could not expose this “criminals” top 5

imagine https://t.co/UGQcpUTbkq pic.twitter.com/FFjStGomyE

— Beni 🧠 (@benixbt) February 10, 2026

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Scammers Mail Fake Ledger and Trezor Letters to Steal Seed Phrases

_Scammers use fake postal letters and QR codes to trick Trezor and Ledger users into revealing wallet seed phrases._ Crypto phishing attacks are no longer limited to emails and fake ads. Criminals are now sending physical letters to hardware wallet users. Mail looks official and urges quick

LiveBTCNews1h ago

Protect Your XRP: 6 New Phishing Tactics Identified by XRPL Contributor Wietse Wind - U.Today

Wietse Wind, developer of the Xaman wallet, warns of a February 2026 scam campaign targeting the XRP community through six methods, including fraudulent sign requests, malicious NFTs, impersonation accounts, phishing emails, fake wallets, and token giveaways. Wind emphasizes the importance of user verification and caution.

UToday7h ago

Multi-chain lending protocol ZeroLend will gradually cease operations. Users are advised to withdraw their funds as soon as possible.

ZeroLend announces it will gradually cease operations due to the protocol's current situation being unsustainable, with declining liquidity and increased malicious activities. The team is prioritizing ensuring users can safely withdraw their assets and recommends users withdraw their funds as soon as possible.

GateNewsBot9h ago

Korean police custody of 22 involved BTC confirmed to have leaked, internal circulation routes and personnel involvement are under investigation

Odaily Planet Daily reports that 22 Bitcoins held by the Gangnam Police Station in South Korea during an investigation have been confirmed to have leaked. At current prices, this amounts to approximately 2.1 billion Korean won. These Bitcoins were voluntarily submitted assets received by the police during a case investigation in 2021. The investigation shows that the cold wallet entity was not hacked, but internal assets were transferred out. Law enforcement agencies are investigating the internal flow and possible internal involvement. It is understood that this was discovered during a nationwide investigation following the disclosure of the 320 Bitcoins theft at Gwangju District Prosecutors Office. (Donga)

GateNewsBot10h ago

XRPL Validator: Privacy Upgrades for XRP-Issued Assets Could Boost Adoption - U.Today

XRP Ledger validator Vet signals an opportune moment for future adoption with privacy features for Multi-Purpose Tokens (MPTs), enabling compliance through confidential transfers. Developer Wietse Wind warns users about a surge in scams targeting XRPL, urging vigilance against deceptive practices.

UToday11h ago

OpenEden official website DNS suspected of being hijacked! The team emphasizes "do not click the link" assets remain secure

OpenEden Tokenization Platform has discovered that the DNS of the official website and portal may have been tampered with. Users are advised not to interact with the related domains for now to prevent asset theft. All on-chain reserve assets remain secure, and users can verify the underlying asset status through Chainlink. The team is investigating and will provide further updates.

動區BlockTempo13h ago
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)