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Altcoin News

QUANT Kid’s Dog Stolen After Rug Pull, Kidnapper Launches $BARI

The alleged kidnapper demanded a public apology and financial restitution from the boy, claiming the theft was a retaliation for the rug pulls.

Written By Dishita Malvania
Fact Checked by Dhara Chavda
Published November 22, 2024 1:53 PM·Updated 2 years ago
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QUANT Kid's Dog Stolen After Rug Pull, Kidnapper Launches $BARI

An angry investor kidnapped Gen Z $Quant rugpull trader’s dog named, Bari. The Quant rug pull has sparked outrage, to which the kidnapper stole his dog, and even launched a new meme coin named after the dog, $BARI.

bari twitter account
Source: X

The drama traces back to November 20, when the young developer launched the Gen Z Quant (QUANT) token on the Pump.fun platform. The token soared 260% in minutes, but the boy abruptly sold all his holdings, crashing the price and earning $30,000. Enraged investors accused him of orchestrating a rug pull. To add fuel to the fire, the boy created two additional tokens, LUCY and SORRY, repeating the same scam and pocketing $24,000.

The community’s anger grew as the boy mocked his victims online, leading to doxxing attacks that exposed his family’s details.

Reports of the dog-napping emerged on X, with an unnamed individual admitting to stealing Bari. The alleged kidnapper demanded a public apology and financial restitution from the boy, claiming the theft was a retaliation for the rug pull.

The individual even launched the $BARI token using the stolen dog’s image as its mascot, saying, “I want everyone who lost to make their money back here.” They demanded the boy to purchase $5,000 worth of $BARI and issue an apology video. Until then, they claimed Bari would remain with them.

Surprisingly, the $BARI token surged over 300% within hours of its launch, reaching a market cap of $800,000 before stabilizing at $309,000. Meanwhile, QUANT plummeted over 61%, with its market cap dropping to $19 million from its peak of $81 million.

Also Read: Investor Loses $6 Million in $GIGA to Fake Zoom Link Scam

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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