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Last updated: June 19, 2025, 06:59  |  Written by: Vitalik Buterin

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Meme Coins Madness: 114 Scams Exposed By Savvy Blockchain

One crypto scammer launched 114 dodgy memecoins in two

Crypto fraud: 114 scam token in a month - The Cryptonomist

Scammers Are Increasingly Exploiting The

Scammers are increasingly exploiting the popularity of meme coins for personal gain, leaving cryptocurrency investors vulnerable. A single individual has been identified as the brains

Over the past 1.5 months one person has created 114 meme coin scams. Each time stolen funds from the scam are sent to the exact same deposit address. These are

Tapping into the trend, a scammer created several fake coins to lure investors. According to on-chain sleuth ZachXBT, the person launched around 114 meme coin

Según La Investigación De Zachxbt

Buyer Beware: 114 Meme Coin Scams Uncovered By Blockchain

Según la investigación de ZachXBT, un detective de blockchain, una dirección en particular ha lanzado 114 estafas de memecoin sólo en los últimos 45 días.

Not Dogecoin: Scammer Creates 114 Dodgy Meme Coins in 1.5

One Address Has Allegedly Launched

One address has allegedly launched “114 memecoin scams” in the past 45 days alone. Memecoins are crypto tokens inspired by, and built around popular internet jokes or memes.

The Ugly Side of Meme Coins: Experts’ Advice to Avoid Scams

Crypto scammers have been ramping up the launch of spurious memecoins over the past two months, according to crypto sleuths. According to research from blockchain

One Of The Most Notorious

One of the most notorious examples of meme coin scams was revealed by on-chain analyst ZachXBT in April 2025. He exposed a scammer who created 114 meme coins within 45 days

Twitter user NazareAmarga or Gabriel Marques, allegedly launched a fraudulent meme coin aimed at deceiving legitimate Nakamigos NFT holders, stated

One crypto wallet launched 114 dodgy memecoins in two months

Some Of The Most Popular

Un criptomonedero lanzó 114 memecoins falsas en dos meses

Some of the most popular meme coins include Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE), and often have the tendency to blow up due to their playful nature.

How to Avoid Scamming Meme Coins? The Scammer Behind 114

Vitalik Buterin can be reached at [email protected].

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