UK Crime Syndicate Launches Memecoin in Brazen Pump-and-Dump Scheme

BTCC / BTCC Square / CryptotimesIO /

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2025-04-24 06:20:01

British Drug Gang makes “memecoin,” tries pump and dump trick

British organized crime pivots to crypto—because why bother with old-school drug trafficking when you can rug-pull retail investors instead?

Authorities track suspicious token tied to gang operations—turns out ’community-driven project’ meant laundering profits through Telegram shills.

Another day, another proof that memecoins are the perfect vehicle for separating fools from their money—legally or otherwise.

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