Meme Coin Creator Said He Had No Hands

Meme Coin Creator Said He Had No Hands, So He Couldn’t Rug—He Lied

A man claiming to have no hands started a live Twitch stream encouraging crypto users to invest in his “I don’t have hands, I cannot rug you guys, chill,” the dev’s Twitch channel, NoHandsNoRug, proclaimed heavy-handedly.Can you guess what happened just three minutes into the stream?According to several attendees of the livestream, which occurred on Sunday, the coin, First time joining a pumpfun “no hands cant rug” live stream.I am dying man pic.twitter.com/sknIg5QCPF— playboicarti.btc (@krmkrispy) May 5, 2024The exploit, which took about three seconds to execute, immediately drained all liquidity from the token, leaving holders—sorry—empty-handed. It’s not the first time that a nefarious crypto user has taken advantage of live streams to whip up excitement for a new meme coin. Last week, a mom performed sexually suggestive acts on her purported son’s live stream to pump his meme coin, This week’s less graphic sleight-of-hand may not“Dick,” another user replied. In total, the NoHands dev made away with about 7 SOL, worth barely more than $1,000 at the time.But in crypto, one degen’s trash can always become another’s treasure. After a clip of the dastardly dev’s hand reveal began circulating on Twitter (aka X), it quickly attracted attention. Within a day, a group of four anonymous friends told On Monday, they started a Twitter HANDS’ purported new leadership say they are taking steps to prevent the token from being rugged by burning its liquidity. According to Wusi, an pseudonymous crypto user who bought HANDS during the dev’s initial livestream, told They have since reinvested 2 SOL back into the project.Edited by Andrew Hayward