From millions extracted to missing tokens manipulation case: the high-risk model of projects endorsed by officials

LiquidityWitch · 2026-01-13T05:00:12+00:00

A well-known project team manipulated the market through liquidity pools, causing the token's market value to plummet by over 81%. Similar manipulative behaviors have occurred in the past, and the market should remain vigilant against such traps.

LiquidityWitch

2026-01-13 05:00:12

Abstract generation in progress

【Crypto World】On-chain data has once again exposed a manipulation storm. A well-known project team orchestrated a “$2.43 million inflow, $1.5 million outflow” magic trick through carefully designed liquidity pool operations — nearly $1 million in price difference just vanished into thin air.

This project’s token was once extremely popular, reaching a market cap of $600 million. But what happened? The decline was ruthless, eventually shrinking to around $110 million, a drop of over 81%. Sounds familiar? Similar tricks have been played out a few years ago on tokens endorsed by certain celebrities — those projects are now either involved in fraud lawsuits or their assets have been frozen.

To put it simply, when tokens endorsed by political figures start to play tricks, you need to be more cautious of seemingly professional operations like liquidity pools. This is not just an issue for individual projects but a trap that the entire market must face.

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faded_wojak.eth

· 4h ago

1 million dollars disappears out of thin air? This trick is really clever, and they still dare to do it openly I've long become smart about celebrity-endorsed coins, one word—run I'm tired of the liquidity pool tricks; now the market is full of routines 6 billion dropped to 1.1 billion, and this wave of retail investors was cut again Beware everyone, projects with big backers are actually more dangerous A price difference of 1 million, how many retail investors had to be fooled to gather that So, on-chain data exposure is the real deal; marketing can't fool me That's why I only look at charts and don't trust any endorsements

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CryptoFortuneTeller

· 4h ago

It's the same old trick again, a million dollars just disappeared like that. This thing is absolutely crazy. Coins endorsed by politicians should have long been approached with caution. The last one was the same. A series of manipulations in the liquidity pool, retail investors losing everything. From 600 million down to 110 million, how many people lost their lives because of this? Celebrity endorsements = high risk. This equation should be etched in your mind. Another classic rug pull. When will we be able to stop these people?

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BearMarketBarber

· 4h ago

It's the same old trick again. Operate the liquidity pool, and 1 million is gone. Truly impressive. Looks familiar, right? Projects endorsed by celebrities have never disappointed... in the disappointing way. Coins backed by politicians' platforms should be approached with caution. This time, they're about to pull off another round.

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blocksnark

· 4h ago

1 million dollars gone just like that? To put it nicely, it's liquidity management; to be blunt, it's players' hard-earned money. As soon as a politician endorses it, I immediately leave the group. This trick is all too familiar. Celebrity tokens are basically pre-set meat grinders; why are people still jumping in? Once again, some people are going to get slaughtered and doubt their lives, what a pity. The more professional a liquidity pool looks, the more dangerous it seems. I might switch to doing DeFi risk assessment instead.

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RamenStacker

· 4h ago

1 million dollars disappears out of thin air, this move is brilliant --- It's the same old story of celebrity endorsements, wake up everyone --- Liquidity pools, how come people still jump into this trick --- 81% decline... is anyone still buying the dip? --- Governance tokens are a ticking time bomb, stay away --- A $1 million price difference? Is this what you call "market operation"? Laughable --- Looking at those lawsuits, you can tell history is about to repeat itself --- Dare to ask, how many such "meticulously designed" schemes are still undiscovered? --- Liquidity pools sound professional, but they're actually just a front for scamming retail investors --- From 600 million to 110 million, who can withstand this roller coaster?

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BearMarketBro

· 5h ago

Coming back with this again? I've seen plenty of liquidity pool plays, but how can someone still dare to take over when 1 million just disappears out of thin air? Celebrity-endorsed coins are all aggressive; who is it this time? 81% drop, this is what they call "mechanism innovation." Told you earlier, politician coins are the hardest to defend against, with tricks so deep it's ridiculous. The problem is retail investors are still sleepwalking. Doesn't anyone look at on-chain data?

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