Cryptocurrency scams unravel: uncovering the facade of RUGPULL and its mastermind, Barkmeta.
Who is Barkmeta?
Barkmeta, known as Christian Barker, was a fashion designer before entering the crypto space. In 2021, he immersed himself in NFTs and quickly gained a large following on social media, now surpassing 200,000 followers. However, not many are aware of his involvement in major fraudulent operations.
Kanye's Memecoin Launch
Barkmeta was instrumental in building the hype around the memecoin *RUGPULL*, which was showcased as a potential breakthrough. During a Twitter Space, he assured easy gains, but it was a setup for fraud. His unusual behavior during the live stream was concerning, especially when Kanye's account shifted focus to crypto topics, drawing in numerous unsuspecting investors and leading to substantial financial losses.
Leaked Scam Details
Leaked audio from Barkmeta's private channel exposed his scamming operations. A specialized group orchestrated a string of scams since 2022, including the notorious *$POX*. They employed various tactics to siphon cryptocurrency funds and managed to evade repercussions.
This incident underscores the need for heightened vigilance and due diligence among investors in the cryptocurrency sector to avoid falling victim to scams.