Public accusations from the analytics firm Bubblemaps allege a popular crypto influencer known as Beaver engaged in repeated memecoin pump-and-dump schemes. The firm’s on-chain analysis linked wallets to the creator, showing a pattern of launching tokens that later collapsed after sales. Beaver responded dismissively, telling critics to “cry me a river” shortly after winning a $1 million creator competition.
A public dispute has erupted after Bubblemaps alleged wallets linked to creator Beaver were involved in repeated memecoin pump-and-dump activity. The accusations came shortly after Beaver won a $1 million X Creators competition.
Bubblemaps published a thread tracing on-chain activity tied to wallets it claims are connected to the influencer. According to the analysis, those wallets repeatedly launched memecoins via Pump.fun and sold shortly after, leaving tokens nearly worthless.
One highlighted token, $SIAS, briefly surged to an estimated $6 million market capitalization before rapidly dumping. Bubblemaps estimates profits of roughly $600,000 across the linked wallets from this activity.
Bubblemaps pointed to Solana explorer data showing multiple CREATE TOKEN actions from wallets in the same cluster. The firm claimed wallets traded tokens despite no public promotion, suggesting insider positioning during launches.
Hours after the thread gained traction, Beaver responded on X with a dismissive post. The creator wrote, “cry me a river” and added the examples were “not even the top 5 greatest hits.”
The reply did not dispute the wallet links or on-chain transactions outlined by Bubblemaps. It drew immediate backlash from parts of the crypto community questioning the ethics of such launches.
The controversy comes amid debate around memecoin culture and creator incentives on crypto-native platforms. Analysts have increasingly scrutinized launches where insiders profit early while retail participants absorb losses.
