Dylan Kerler, co-founder of memecoin launchpad Pump.Fun, shares a name with an individual who previously profited from rug-pulling schemes in cryptocurrency. The WIRED investigation highlighted eight coins launched by this person back in 2017, including eBitcoinCash and EthereumCash, which ultimately led to significant financial losses for investors. While Pump.Fun aims to standardize coin issuance and protect against these scams, concerns arise from Kerler's alleged past activities in the crypto market. Pump.Fun was founded in early 2024 by three twentysomething entrepreneurs.
An individual using the name Dylan Kerler previously created and quickly sold off cryptocurrencies, earning up to $75,000 through dubious rug-pulling tactics.
Using the same name, Kerler's current venture, Pump.Fun, aims to standardize cryptocurrency creation to protect investors from such unethical practices.
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