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Hunter Biden's Meme Coin Drama: One Trader Strikes Gold Amid Chaos
Four out of five people who bought into Hunter Biden’s new meme coin saw their investments go up in smoke during the cryptocurrency’s spectacular launch-day collapse on Wednesday — even as one mystery trader turned a roughly $250,000 bet into $1.18 million within minutes, The Post has learned.
An individual trading under a pseudonym spent about $250,000 to acquire 9,124 of Biden’s $LAPTOP tokens before unloading 8,480 of them minutes later for about $1.18 million, according a blockchain analysis by Datavault AI.
That amounted to a gain of roughly $930,000 before transaction costs.