• Ross Ulbricht Loses $12M on Pump.fun Due to Liquidity Pool Mistake

  • Jan 31 2025
  • Length: 3 mins
  • Podcast

Ross Ulbricht Loses $12M on Pump.fun Due to Liquidity Pool Mistake

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  • Summary

  • Silk Road founder Ross Ulbricht has faced a $12 million loss on Pump.fun after attempting to liquidate ROSS tokens. Arkham Intelligence reported that Ulbricht, or whoever has access to his wallet, attempted to liquidate the ROSS meme coin, which led to a significant drop in its value and resulted in substantial financial losses.
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