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Altcoin News

QUANT Kid’s Dog Stolen After Rug Pull, Kidnapper Launches $BARI

The alleged kidnapper demanded a public apology and financial restitution from the boy, claiming the theft was a retaliation for the rug pulls.

Written By:
Dishita Malvania

Reviewed By:
Dhara Chavda

Last updated: November 22, 2024 5:15 PM
Published November 22, 2024 1:53 PM
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Last updated: November 22, 2024 5:15 PM
Published November 22, 2024 1:53 PM
QUANT Kid's Dog Stolen After Rug Pull, Kidnapper Launches $BARI

An angry investor kidnapped Gen Z $Quant rugpull trader’s dog named, Bari. The Quant rug pull has sparked outrage, to which the kidnapper stole his dog, and even launched a new meme coin named after the dog, $BARI.

bari twitter account
Source: X

The drama traces back to November 20, when the young developer launched the Gen Z Quant (QUANT) token on the Pump.fun platform. The token soared 260% in minutes, but the boy abruptly sold all his holdings, crashing the price and earning $30,000. Enraged investors accused him of orchestrating a rug pull. To add fuel to the fire, the boy created two additional tokens, LUCY and SORRY, repeating the same scam and pocketing $24,000.

The community’s anger grew as the boy mocked his victims online, leading to doxxing attacks that exposed his family’s details.

Reports of the dog-napping emerged on X, with an unnamed individual admitting to stealing Bari. The alleged kidnapper demanded a public apology and financial restitution from the boy, claiming the theft was a retaliation for the rug pull.

The individual even launched the $BARI token using the stolen dog’s image as its mascot, saying, “I want everyone who lost to make their money back here.” They demanded the boy to purchase $5,000 worth of $BARI and issue an apology video. Until then, they claimed Bari would remain with them.

Surprisingly, the $BARI token surged over 300% within hours of its launch, reaching a market cap of $800,000 before stabilizing at $309,000. Meanwhile, QUANT plummeted over 61%, with its market cap dropping to $19 million from its peak of $81 million.

Also Read: Investor Loses $6 Million in $GIGA to Fake Zoom Link Scam

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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Dishita Malvania - Senior crypto journalist at The Crypto Times
By Dishita Malvania
Follow:
Dishita Malvania is a Crypto Journalist with 3 years of experience covering the evolving landscape of blockchain, Web3, AI, finance, and B2B tech. With a background in Computer Science and Digital Media, she blends technical knowledge with sharp editorial insight. Dishita reports on key developments in the crypto world—including Litecoin, WazirX, Solana, Cardano, and broader blockchain trends—alongside interviews with notable figures in the space. Her work has been referenced by top digital media outlets like Entrepreneur.com, The Independent, The Verge, and Metro.co, especially on trending topics like Elon Musk, memecoins, Trump, and notable rug pulls.
Dhara Chavda- Crypto Research Analyst at The Crypto Times
By Dhara Chavda
Follow:
Dhara Chavda is a Content Strategist and Research Analyst with 5 years of experience in the crypto industry. She holds a Bachelor’s degree in Computer Engineering and brings a strong technical perspective to her work. Dhara specializes in DeFi, price analysis, and the core mechanics of cryptocurrencies. She also works on crypto news, including research, analysis, and assigning stories, ensuring accurate and timely coverage of key developments in the space.

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