Cuba’s Foreign Affairs X Account Disabled Amid Memecoin Controversy
- The X account for Cuba’s Ministry of Foreign Affairs was disabled following memecoin rug pull allegations.
- A crypto trader claimed Cuba launched three memecoins, each allegedly involved in pump-and-dump schemes.
- The initial CUBA token on Solana reportedly reached a $30 million market cap before collapsing.
- Lifetime trading volumes for the initial token were reported at $158.7 million, with a current market cap of $4.3 million.
- Speculation suggests the ministry’s account may have been hacked; no official comment was made.
The X account for Cuba’s Ministry of Foreign Affairs became inaccessible after accusations emerged that it promoted and then abandoned multiple memecoins on Solana, including one that peaked at a $30 million market cap. The total trading volume for the initial token was noted to be $158.7 million.
Source (2.6)https://www.theblock.co/post/335888/cuban-x-account-appears-inactive-after-solana-memecoin-rug-pull-allegations