Many people want to turn their fortunes around by trading meme coins, but if they encounter a 'rug pull' scam by the project team, they may end up losing everything. Last Friday, a somewhat famous cryptocurrency trader on X, 'Im really poor' (@MistaFuccYou), lost his last $500 due to investing in meme coins, and ended his life by gunshot just before a live stream.

'Rug pull' is a term used to describe a scam where the scammers suddenly pull the rug out from under the investors, leaving them unprepared. This usually involves the project team creating a project and falsely describing its technological architecture, goals, application scenarios, token economic model, and future development plans in the white paper, claiming 'high profits' to deceive investors. Once investors put in their money, the project team takes various measures to abscond with the funds and then disappears.

It is understood that MistaFuccYou's real name is Arnold Haro, 23 years old, an active cryptocurrency trader in the meme coin space with 9,316 followers on X. Last Friday, he shared his story of losing his last $500 in a meme coin 'rug pull' scam during a live stream on X, stating, 'There is no meaning in living anymore.'

He then picked up a six-shooter revolver during the live stream, loaded one bullet, and began a 'Russian roulette' gamble with his life, saying, 'If I die, I hope you all turn me into a meme coin.' He then aimed the gun at his temple and started shooting. The first two shots did not fire, but on the third shot, he fell before the screen. Foreign netizens believe that his act of taking his life was related not only to losing all his money but also to his existing mental health issues and a recent breakup.

Trade responsibly, cherish life. Behind the financial games played by American capitalists are countless bones; we advise undisciplined gamblers not to fund Americans anymore, otherwise, three generations will end up as slaves working for others, which is no joke.