$ALT Whodunit: Crypto ’Beast’ Disappears Following $190M Pump-and-Dump Frenzy
Crypto's latest mystery unfolds as a shadowy 'Beast' vanishes—leaving retail bagholders clutching $190M in $ALT losses.
How the scheme roared to life
Coordinated buys, influencer hype, and Telegram whispers sent $ALT parabolic—until the trapdoor opened. Classic playbook, fresh casualties.
The aftermath: Ghost town
On-chain sleuths trace the cash-out to offshore mixers, while exchanges scramble to explain lax listing checks. 'Due diligence? That costs extra,' joked one trader.
Lesson (un)learned
Until the next shiny token distracts the herd, at least. The cycle continues—just check your portfolio's pulse.