A 23-year-old man tragically ended his life while livestreaming his death on the social media platform X, following a $500 loss on a memecoin. He spoke about his mental health issues in his last moments.
Event Broadcasted Live
The man took the extreme action during a livestream on X, stating that people should create a memecoin in his memory. The Crypto Times refrains from publishing graphic details of the incident.
Public Reaction
After the livestream ended, the news went viral. A memecoin was created in his name, sparking outrage as users condemned the exploitation of someone's tragic end for personal gain.
Call for Self-Regulation in Crypto Community
The crypto community is now demanding a self-regulatory framework to prevent such unfortunate incidents. Memecoin projects frequently overstep ethical and legal boundaries, necessitating regulation.
The incident has spurred discussions on the need for moral and legal self-regulation within the crypto community to avert similar tragedies in the future.
