👴 86-Year-Old Lawyer’s Crypto Ponzi Gone Wrong! 💸⚖️
David Kagel, an 86-year-old former California lawyer, just got sentenced to 5 years probation for his role in a $9.5 million crypto Ponzi scheme.
And the cherry on top? He owes nearly $14 million! 😳
Kagel promised investors sky-high returns (up to 100%!) and even claimed to have 1,000 Bitcoins in escrow. Spoiler: he didn’t.
🧐 Now he’s serving probation in a senior care facility, complete with a monitoring device!
Crypto Ponzi schemes and bad health—talk about retirement goals gone wrong! 😅
🐦 Hawk Tuah: From Viral Meme to Memecoin Meltdown
It started as a spicy 🌶 viral meme when Haliey Welch dropped her infamous "hawk tuah" line in a street interview.
Fast forward to 2024, and Hawk Tuah (HAWK) memecoin soared to a $490M market cap… then crashed 91% in three hours. 🚀💥
👀 Welch denies insider trading, but data shows snipers and insider wallets controlled up to 90% of HAWK at launch.
One sniper turned $993K into $1.3M in no time, leaving retail investors clutching their "hawk tuahs." 😂
Now, investors are outraged, SEC complaints are flying, and legal vultures are circling.
The memecoin era strikes again—risky, ridiculous, and just a little viral. 🦅
🎨 Sotheby’s VP Memecoin Madness: $1M in 30 Minutes!
Art meets crypto chaos! Sotheby’s VP Michael Bouhanna launched another Solana memecoin, VOID, and one lucky trader turned $8,200 into $1M in just 30 minutes. 🎉💸
Bouhanna, also known for the banana-themed BAN memecoin, denied insider trading accusations, calling his memecoin ventures a “personal hobby.”
Meanwhile, the community joked, “Forget auctions; memecoins are the real art hustle!” 🖼🍌
Lesson of the day: Where there’s VOID, there’s profit—for someone! 😅
PS: You can read my other related crypto post below
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