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A entrepreneur launched a Meme token and conducted a rug pull, profiting $1.48 million, and has now deleted the promotional tweet.

2025-02-06 00:14

BlockBeats News, February 6th, according to lookonchain monitoring, Tanzanian businessman and entrepreneur Mohammed Dewji MO (@moodewji) launched the TANZANIA token and sold it to investors, making a profit of $1.48 million.


He distributed 90 SOL tokens (worth about $18,000) to 20 wallets, then purchased 7.93 billion TANZANIA tokens (accounting for 79.5% of the total supply). After completing the accumulation, he disclosed the contract address, and subsequently sold all 7.93 billion TANZANIA tokens in exchange for 7,373 SOL tokens (around $1.5 million), ultimately profiting 7,283 SOL tokens (about $1.48 million). Currently, he has deleted all related tweets.

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