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Home»Stock Market»Solana’s Newest Absurd Rip-off: From Eight-Determine Good points to a Tiny $260 Rug Pull
Stock Market

Solana’s Newest Absurd Rip-off: From Eight-Determine Good points to a Tiny $260 Rug Pull

EditorBy EditorMay 28, 2026No Comments3 Mins Read
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Solana’s Newest Absurd Rip-off: From Eight-Determine Good points to a Tiny 0 Rug Pull
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TL;DR:

  • Dealer James Wynn allegedly launched and drained the $WORLD memecoin on Solana, netting simply 3.2 SOL, equal to round $260.
  • On-chain knowledge exhibits the identical pockets that created the token bought 220 million WORLD tokens inside minutes of launch, throughout seven consecutive transactions.
  • Wynn claimed his account was hacked, however the group rejected the reason given his prior historical past with memecoins all through 2025.

Solana was as soon as once more the stage for an alleged rug pull involving a widely known identify within the business. On Might 27, the token $WORLD —whose full identify was THE REAL WORLD— was launched on Pump.enjoyable with the contract tackle AmpR1bXuz5hVQZ7CTtBbrHW91MB6TDrJ5Np7rupApump. Minutes after launch, the pockets that created it liquidated the whole place.

What Does the Solana On-Chain Knowledge Present?

On-chain knowledge out there on Solscan identifies pockets HH7jLETzcS…5R3QCgzW2M as chargeable for swapping 220 million WORLD tokens for 26.5 Solana (SOL) in a single transaction valued at $2,242. After deducting charges and preliminary prices, the online consequence was roughly 3.2 SOL, round $260. On-chain analytics account Lookonchain printed that the dealer behind that pockets was James Wynn, a dealer who had accrued over $100 million in unrealized good points on the Hyperliquid platform.

James Wynn(@JamesWynnReal) simply launched a token referred to as $WORLD and rugged it.

He made solely 3.2 $SOL($260) from it.https://t.co/ZVWYPylm9l pic.twitter.com/DrXUFFlpSo

— Lookonchain (@lookonchain) Might 28, 2026

In complete, the pockets executed seven exit transactions inside the identical block window. The smaller transactions ranged between $8.40 and $841, with a closing exit of $2,242 in a single transfer. Wynn had posted the token’s contract on his X account moments earlier than the gross sales have been executed, racking up greater than 44,000 views earlier than he talked about any incident.

No one Believed Wynn’s Phrases

Hours later, Wynn posted on X that his account had been hacked. The group’s response was skeptical. A person recognized as sadcryptoguy999 wrote: “Certain, we’ve heard that one earlier than.” One other, saitama_gtz, identified that Wynn had launched a number of memecoins all year long and referred to as him outright a scammer. Essentially the most cited remark got here from hahahodling: “He went from $100 million in unrealized good points to rugging for two SOL. This downfall must be studied.”

Rug pull scam Solana

The on-chain evaluation on Solana exhibits that the pool creation, the preliminary buy of 66 million WORLD tokens for two SOL, and the following gross sales share the identical transaction hash: 4UPU5ydUqXuq8X. On DEX Screener, the token’s chart exhibits a single peak close to $0.0000165 adopted by a collapse to $0.0000034. The market cap on the time of publication was $3,300. The token remained lively on Pump.enjoyable with a 24.3% progress on its bonding curve. No extra assertion from Wynn was made past the tweet in regards to the hack.



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