A newly launched Solana-based meme coin, LICK, has become the center of a major financial scandal after blockchain investigators linked its creation to John Daghita, an individual accused of stealing $40 million from US government seizure addresses. On-chain data from analytics platform Bubblemaps reveals a single wallet tied to Daghita controls a staggering 40% of the token’s total supply, raising immediate alarms about extreme centralization and investor risk. This development follows a detailed investigation by on-chain sleuth ZachXBT, who traced millions in cryptocurrency movements back to funds seized from the historic Bitfinex hack, uncovering a complex web of alleged theft and raising serious questions about access to government-managed crypto assets.
about LICK Meme Coin Tied to $40M US Government Theft Probe
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January 28, 2026 | 22:44
January 28, 2026 | 22:44
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Posts were generated last weekSolana
26 posts last weekSolana (SOL) is a high-performance blockchain platform designed for decentralized applications and cryptocurrencies, known for its fast transaction processing and scalability.
Clawdbot Rebrand Chaos: Crypto Scams & Security Flaws Exposed
A trademark dispute triggered a chaotic rebrand of the viral AI app Clawdbot, leading to account hijacking by crypto scammers who pumped a fake token to a $16 million market cap before its collapse. Security researchers simultaneously discovered hundreds of exposed Clawdbot instances with critical authentication vulnerabilities, highlighting the risks of rapid viral growth outpacing security measures.
about Clawdbot Rebrand Chaos: Crypto Scams & Security Flaws ExposedClawdBot Founder Denies Token Ties, Warns of Meme Coin Scams
The founder of the open-source AI project ClawdBot has issued a forceful public warning against cryptocurrency scams after fraudsters hijacked his social media accounts to promote a fake meme coin. Peter Steinberger’s disavowal of any token involvement underscores a growing crisis where viral tech projects are exploited for speculative trading without developer consent, highlighting the predatory nature of unauthorized token launches in the crypto space.
about ClawdBot Founder Denies Token Ties, Warns of Meme Coin ScamsSolana Price Dips Below $130, Faces Key Resistance at $126
Solana (SOL) has extended its recent decline, failing to maintain stability above the $132 level and now trading firmly below $130 against the US Dollar. The cryptocurrency faces a significant technical hurdle with a key bearish trend line forming near $126, a level that will likely dictate its near-term trajectory. With technical indicators pointing to continued weakness, SOL’s path to recovery hinges on defending crucial support zones while overcoming substantial resistance.
about Solana Price Dips Below $130, Faces Key Resistance at $126