Hunter Biden releases laptop and memecoin online evidence report, calling for token buyback and destruction
2026-10-08 10:06:07
According to CoinMeta, Hunter Biden released an evidence report regarding the launch process of laptop and memecoin, and called on relevant market makers to repurchase and destroy the tokens. The report stated that a market maker's associated wallet received $500,000 before the launch, but only about $5,200 was used for the initial liquidity pool of laptop. This amount was less than 30,000 tokens, which represents approximately 0.003% of the initial supply of 1 billion tokens, making the price highly susceptible to small transactions. Within less than two minutes after the launch of laptop, the price rose from $0.05 to around $320, but by the end of the first hour, it had fallen by about 98%. Transactions related to another market maker recorded a net inflow of about $2.18 million in USDC, while the first market maker's associated wallet earned approximately $686,000 from its liquidity position.
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