Ronald Branstetter has created a memecoin that has skyrocketed to a market capitalization of $420 million, turning it from a crypto skeptic into a fan of space. But now, six weeks after his first foray into the industry, he says he lost everything in his wallet hack.
Branstetter fired unicorn fart dust (UFD) From the basement in December, you can try to prove Crypto is worthless to YouTube audiences of gold and silver investors, or he says it “unicorn fart dust” I’m calling.
However, the Meme Coin gambler saw this video and bought a large amount of coins. He sped up his token and quickly changed his Bran Starter holdings to UFD worth $1.2 million.
The token flew out on the first night, so Branstetter sold half of his holdings, I said Decryption He regrets doing so, wants to buy more, and has no plans to sell it.
However, on Monday afternoon, Branstetter claims his wallet was hacked, selling everything the attacker had in his wallet.
On-chain data exceeds that UFD worth $1 million All tokens were sold after being sent to an unknown wallet Approximately 50 transactions Before receiving Sorana It was spreading Countless wallets. That goes without saying that the approximately $200,000 worth of Solana and other tokens that have been ejected from Branstar’s wallet.
Within 20 minutes of realizing the hack, Meme Coin Community Leader Live streams have begun To explain the situation to his community. In the 10-minute video, Branstetter admitted that he was shaking with the experience. He broke crying and said he didn’t regret creating the token and confirmed that he wanted to continue with the project.
“If I had to go back and try again, I’ll say yes, I’ll try again,” Branstetter said before filling his eyes and pausing in tears. “I still know there are good people, so I’ll still try it again.
UFD has dropped 24% over the past 24 hours, with a current price of $0.123. This is a 69% drop from the highest mark set ever since over a week ago.
Emergency – $ UFD – Unicorn Fart Dust Meme Coin https://t.co/j0ho9ie4cn
– RonsBasement (@basementron) January 27, 2025
Branstetter later revealed that he was fooled by a fake reporter from an unknown organization who may have gained unauthorized access to his account. An interview occurred after clicking on the video call link, but Branstetter said “I felt it from the start.”
Soon, the wallet was drained, he said. Unfortunately, this is a common scam in the crypto world. It’ll be successful Decryption In an attempt to scam people in the industry.
“Nothing has changed about the dust on unicorn farts. The dust on unicorn farts is still (about) “attracting good things.” I still believe in the dust of unicorn farts. I still believe in the community,” explained Branstetter.
When the news breaks, Some people guessed The creator of Meme Coin sold the tokens themselves and fake the entire hack. But while this crowd appears to be a minority, many of the UFD community once again gather behind its creators, bringing tokens over $425,000 New mutli-sig wallet– It is intended to be controlled by the creator of the token.
“You touched me very deeply, very deeply, perhaps some of my darkest times,” Branstetter said. Live stream After the donation. “You’re now offering an example to a world of profits that a community can make.”
Edited by Andrew Hayward
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