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Sotheby’s VP’s memecoin allows trader to make $1M in 30 mins
Michael Bouhanna, Sotheby’s VP, launched a new Solana-based memecoin, Nothing (VOID), enabling a trader to turn $8,200 into over $1 million in just 30 minutes. Previously, Bouhanna faced insider trading allegations over his first memecoin, Comedian (BAN), which was inspired by a $6-million banana artwork. Blockchain analytics firm Lookonchain accused him of using insider wallets to profit, but Bouhanna denied the claims, calling BAN a personal hobby unrelated to Sotheby’s. He clarified that BAN’s association with Sotheby’s was unintentional and unapproved. Despite his defenses, crypto community members criticized Bouhanna for his memecoin ventures, questioning the ethics of his actions. 1 reply
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