Meme Coin Creator Loses $1.2 Million in Wallet Hack
- Ronald Branstetter created Unicorn Fart Dust (UFD), which reached a market cap of $420 million.
- Branstetter’s holdings were valued at $1.2 million before a wallet hack.
- Over $1 million worth of UFD was transferred to an unknown wallet and sold in about 50 transactions.
- An additional $200,000 in Solana and other tokens were stolen from Branstetter’s wallet.
- The UFD community donated over $425,000 to support Branstetter after the incident.
Ronald Branstetter, creator of the meme coin Unicorn Fart Dust, experienced a significant loss when his crypto wallet was hacked, resulting in the theft of over $1.2 million in assets. Despite this setback, the community rallied to support him with donations exceeding $425,000.
Source (2.6)https://decrypt.co/303190/wholesome-solana-meme-coin-dev-hacked?rand=52368