Tapioca Foundation Offers $1 Million Bounty to Recover Stolen Funds
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Tapioca Foundation Attack: The Tapioca Foundation offered a $1 million bounty to recover $4.7 million lost in a phishing attack, successfully retrieving $2.7 million in ETH while the attacker still holds significant funds, leading to a drastic drop in TAP token value.
Concerns Over Influencer Endorsements: Influencer Jaypeg faces accusations of scamming a meme coin project, while Andrew Tate's endorsements of various meme coins have raised concerns about market manipulation, as many tokens he promoted saw substantial losses shortly after launch.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
