cryptofamily

Last week, Ross Ulbricht's Solana donation address received 50% of the total ROSS memcoin supply from the developer, totaling over $12 million. On January 30, Ross Ulbricht accidentally zeroed out the memcoin price while trying to replenish the asset's liquidity pool on decentralized exchange Raydium.

MEV Bot bought up the incoming 35% supply of ROSS memcoins and sold them all out for a profit of over $600000, causing the memcoin's price to collapse by nearly 90%.

Ross Ulbricht still holds about 10% of the original supply of memcoins correctly added to Raydium Concentrated Liquidity at a separate address for about $200000.

Arkham experts commented that it remains unclear whether Ulbricht himself controls the memcoin cryptocurrency wallets. If so, this could be a "sad wake-up call," as it means that during his eleven years in prison, Ulbricht may have lost the skills to effectively manage a trading environment that is not at all familiar to him in its current form.

You can't go back and change the beginning, but you can start where you are and change the ending. 
- C. S. Lewis

It will be unfortunate if management ends up in the hands of someone who is unfamiliar with the current trading environment 202 $DEGEN