From a blockchain skeptical to a fan of the room, Ronald Branstetter created a meme gold that went skyrocketed to a market cap of$ 420 million. But today, six weeks since his first venture into the market, he says that he’s lost all in a budget exploit.
In an effort to convince his YouTube audience of gold and silver investors that crypto is worthless, Branstetter created Unicorn Fart Dust ( UFD ) from his basement in December.
Meme gold gamblers saw this picture, nevertheless, and bought the gold en masse—causing his key to soar, quickly turning Branstetter’s assets into$ 1.2 million value of UFD.
Branstetter sold quarter of his investments the day the coin went flying, but he told three weeks later that he regretted doing it, wants to buy more, and has no plans to sell despite admitting that the money would change his life.  ,
But, on Monday evening, Branstetter claims that his finances was stolen, with the perpetrator selling everything he had in his pocket.  ,
Over$ 1 million worth of UFD was sent to an unknown wallet, according to on-chain data, and all of the tokens were sold over roughly 50 transactions before the received Solana was distributed across countless wallets. That’s not to notice the roughly$ 200, 000 worth of Solana and other tokens that were drained from Branstetter’s budget.
The image gold group chief started a video within 20 days of noticing the exploit to explain the situation to his group. In the 10-minute videos, Branstetter admitted that he was shook up by the encounter. He cried out, stated that he didn’t dread creating the key, and that he wanted to carry on the project.
” If I had to go up and do it all over again, I say yes, I’d do it all over again”, Branstetter said, before pausing with tears filling up his eyes. Because I am aware that there are still great people out there and that great attracts nice, I would continue to do it.
UFD is down 24 % over the last 24 hours to a current price of$ 0.123. It’s down 69 % from its all-time high mark set just over a week ago.
Afterwards, Branstetter revealed that he had been defrauded by a fictitious reporter working for an unknown company who might have hacked into his accounts. After clicking the video call website, an appointment did arise, but Branstetter said it “felt off from the beginning”.
Almost instantly, he said, the bag was drained. This, however, is a common fraud in the world of crypto—with some swindlers impersonating in efforts to try and deceive people in the industry.
” Unicorn Fart Dust has not changed. Unicorn Fart Dust is still]about ] ‘ great attracts good.’ I also think that Unicorn Fart Dust exists. I also believe in the community”, Branstetter explained.
Some people made up their minds as the information broke that the joke coin’s inventor had sold the currencies himself and faked the whole hack. This group appears to be a majority, however, as much of the UFD group has rallied behind its father once again, sending over$ 425, 000 of the key to a fresh mutli-sig wallet—intended to be controlled by the token father.
In a video following the funds, Branstetter said,” You have touched me very, very greatly through what has likely been some of my saddest time. ” You are providing, right now, an example to the world of the great that a neighborhood can do”.
Daily Debrief Newsletter
Start every day with the best news stories right now, plus unique characteristics, a audio, video and more.