M3M3 Token Investors File Lawsuit—Accuse Founders of $69M ’Pump-and-Dump’ Scheme

Investors claim rug pull masqueraded as DeFi innovation—another case of ’trust us, we’re crypto experts’ gone predictably sideways. Legal team cites drained liquidity pools, doctored audits, and the classic exit strategy: founders vanishing to a ’non-extradition country.’ Bonus jab: Another day, another nine-figure ’utility token’ turning out to be a glorified Ponzi with a whitepaper.

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Michaela has no crypto positions and does not hold any crypto assets. This article is provided for informational purposes only and should not be construed as financial advice. The Shib Magazine and The Shib Daily are the official media and publications of the Shiba Inu cryptocurrency project. Readers are encouraged to conduct their own research and consult with a qualified financial adviser before making any investment decisions.