Hunter Biden questions claim of cashing out tens of millions of dollars: Laptop Team wallet has never sold its tokens
37 minutes ago
Crypto news outlet Market Insider reported that Hunter Biden-associated token LAPTOP has seen its market capitalization drop below $25 million, a 99.9% plunge from its launch, and estimated the project team reaped eight-figure profits. Hunter Biden, son of former U.S. President Joe Biden, responded that he had previously called the token launch "terrible", adding that relevant accounts are under review. He noted that the project team’s wallet has not sold any LAPTOP tokens to date, questioned the claim that the team cashed out an eight-figure sum, and demanded the person who made the estimate disclose the relevant wallet address.
The spot trading volume of tokenized stocks on Base chain reached $1.3 billion over the past 30 days, surging 153.8% month-over-month.
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US CFTC sues Cash FX Group and its executives, alleging involvement in a $950 million foreign exchange Ponzi scheme.
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