From May 27 to May 31, the user released 12 meme coins on behalf of TV star Caitlyn Jenner and earned 2,381 SOL ($405,000). This was noticed by Lookonchain analysts.
Be wary of tokens launched by celebrities.🚨
We fund that @Caitlyn_Jenner earned 2,381 $SOL($405K) by launching 12 #MEMEcoins on #Solana in the past 4 days.
1/ A thread. 🧵 pic.twitter.com/zqVaMjhjqf
The tracked address has issued 44.56 million Jenner tokens on the Pump platform.fun, spending 1.3 SOL ($221) on it. After the asset price increased, he sold all the coins for 253 SOL, earning $43,000.
Later, he moved Solana to two addresses, one of which belongs to the Binance exchange.
Lookonchain discovered many addresses associated with the user, from which he launched 12 meme coins and subsequently sold them.
The total profit was ~2,381 SOL ($405,000). This amount went to the already mentioned Binance deposit address.
Earlier it became known that the creator of the Jenner token is a certain Sahil Aurora.
According to reports, after issuing the token as an intermediary, he involved Jenner in its promotion, and later "siphoned off all assets to disposable wallets." At that time, Jenner's capitalization exceeded $26 million.
Also, tokens from Rich The Kid, Soulja Boy and other famous personalities are allegedly associated with Aurora.