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The $VINE, a meme token launched by Rus Yusupov, co-founder of Vine, surged in January 2025, reaching a market cap exceeding $200 million. The hype was driven by promotion from Yusupov (@Rus) and alleged X employees like @chrisparkX and @Nate_Esparza, hinting at a Vine relaunch on Elon Musk’s platform. However, shortly after peaking, wallets began selling off large amounts, triggering a massive dump and an unprecedented crash, with the price “bleeding to zero,” as X users reported. An X employee allegedly called $VINE a “scam,” while Yusupov remained silent. Recently, @Rus, @chrisparkX, and @Nate_Esparza were reported to the SEC. If accepted, the complaint could spark an investigation into the token sell-off, potentially confirming that those who hyped it were the same ones who dumped it, suggesting a coordinated scheme.



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Just quoting this lousy fraud $trenchai seriously jeopardizes the #griffain ecosystem. These scmbgs snagged over 77% of the volume from the start and already ditched nearly half. What's more, their site is a complete larp — no real project, no AI, and you're well aware, tony...

t◎ny p@tonyplasencia3
people are building for the @ store 🤖
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