PeckShield flagged HNUT, a Solana meme token themed around “Holly The Squirrel,” after the token collapsed about 99% shortly after launch in what on-chain analysts call a bundled rug pull. The incident raises fresh concerns about fast-moving meme projects on Solana.
A single copy-paste of a poisoned wallet address from a transaction history led to a nearly $50 million loss in USDT, underscoring the stealth of modern address-spoofing attacks. The incident highlights persistent risks for even careful crypto users.

The U.S. Department of Justice has seized approximately $15 billion in bitcoin linked to Chen Zhi, the alleged leader of a massive crypto scam operation based in Cambodia. The operation defrauded victims worldwide through social media and used political influence to evade law enforcement.