Possible Signs of Money Laundering in the Meme Coin Space?
Several recent trades have raised eyebrows:
– A trader turned $608 into $881,000 — a profit of $880,400.
– Another started with just $45 and exited at $306,400 — netting the full amount.
– One user flipped $7.60 into $107,100.
– Someone invested $91 and walked away with $45,200.
– An entry of $228 became $29,200.
– Even a larger trade of $3,379 turned into $27,500.
These numbers seem unbelievable — and they may be.
This isn’t just about lucky traders or viral coins. These patterns closely resemble money laundering tactics commonly seen in the crypto space.
Here’s how it works:
1. Scammers create a meme coin.
2. Using fresh wallets, they make small purchases ($10–$500) to simulate organic interest.
3. They then inject stolen or illicit funds (often $500,000–$1,000,000+) to artificially pump the price.
4. Early wallets — which are part of the same network — now show astronomical gains on paper.
5. These wallets then sell into the hype, laundering stolen funds as “legitimate” profits.
This is a common wash-trading and laundering technique masked as meme coin success stories.
Be vigilant.
Join communities like X Mucan to understand these deceptive strategies and protect yourself from being misled.