{"id":94190,"date":"2026-02-11T20:00:37","date_gmt":"2026-02-11T17:00:37","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=94190"},"modified":"2026-02-11T20:05:15","modified_gmt":"2026-02-11T17:05:15","slug":"x-contest-winner-suspected-of-serial-rug-pulls","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/x-contest-winner-suspected-of-serial-rug-pulls\/","title":{"rendered":"X Contest Winner Suspected of Serial Rug Pulls"},"content":{"rendered":"<p>The user known as beaverd, who won $1 million in the X Creators contest, is allegedly a scammer, according to analysts at Bubblemaps.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">1\/ The winner of the $1,000,000 X Article <a href=\"https:\/\/twitter.com\/beaverd?ref_src=twsrc%5Etfw\">@beaverd<\/a> is a serial rugger who made $600k from memecoin pump &#038; dumps \ud83e\uddf5 <a href=\"https:\/\/t.co\/k8rttfbNtg\">pic.twitter.com\/k8rttfbNtg<\/a><\/p>\n<p>\u2014 Bubblemaps (@bubblemaps) <a href=\"https:\/\/twitter.com\/bubblemaps\/status\/2021209399377990103?ref_src=twsrc%5Etfw\">February 10, 2026<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>According to researchers, a wallet associated with the user is involved in several <a href=\"https:\/\/forklog.com\/en\/news\/how-to-spot-a-rug-pull-signs-and-safeguards\">rug pulls<\/a> amounting to over $600,000.<\/p>\n<p>Identifying himself as a crypto enthusiast, beaverd caught the attention of analysts after winning a competition for the best article on the social network X. He wrote about the role of a major U.S. government consulting firm in federal and regional procurements.<\/p>\n<p>By tracking the user&#8217;s public address, Bubblemaps discovered links to several coins dumped in a Pump and Dump scheme.<\/p>\n<p>One of these is SIAS on Pump.Fun. The asset&#8217;s market cap soared to $6 million before plummeting to zero. Four wallets linked to beaverd bought the token at launch and dumped it, collectively earning $600,000.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;Ironically, he never publicly tweeted about SIAS, yet he swapped them from a public wallet for an additional $25,000,&#8221; added Bubblemaps.<\/p>\n<\/blockquote>\n<p>Analysts noted that SIAS is not the first scam incident associated with beaverd. He has launched &#8220;dozens&#8221; of coins that have become worthless.<\/p>\n<p>The user has been launching fraudulent tokens over the past year. His projects include PISS, EGG, RACISM, and others.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"910\" height=\"1024\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-4feb694bf0279b27-6042115270657391-910x1024.png\" alt=\"image\" class=\"wp-image-275043\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/img-4feb694bf0279b27-6042115270657391-910x1024.png 910w, https:\/\/forklog.com\/wp-content\/uploads\/img-4feb694bf0279b27-6042115270657391-267x300.png 267w, https:\/\/forklog.com\/wp-content\/uploads\/img-4feb694bf0279b27-6042115270657391-768x864.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/img-4feb694bf0279b27-6042115270657391-1365x1536.png 1365w, https:\/\/forklog.com\/wp-content\/uploads\/img-4feb694bf0279b27-6042115270657391.png 1600w\" sizes=\"auto, (max-width: 910px) 100vw, 910px\" \/><figcaption class=\"wp-element-caption\">Source: X.<\/figcaption><\/figure>\n<p>In the thread under Bubblemaps&#8217; post, <a href=\"https:\/\/x.com\/beaverd\/status\/2021215733875687871\" title=\"\">beaverd appeared<\/a> and stated:<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;Cry all you want. And this isn&#8217;t even in my top 5 hits.&#8221;<\/p>\n<\/blockquote>\n<p>Back in January, former New York City Mayor Eric Adams was <a href=\"https:\/\/forklog.com\/en\/news\/former-new-york-mayor-denies-rug-pull-allegations-after-nyc-token-collapse\">accused<\/a> of a rug pull following the collapse of NYC Token.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The user known as beaverd, who won $1 million in the X Creators contest, is allegedly a scammer.<\/p>\n","protected":false},"author":1,"featured_media":94191,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"Beaverd, winner of $1M in X Creators contest, suspected of serial rug pulls.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[44,1246,596],"class_list":["post-94190","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cybercrime","tag-scammers","tag-tokens"],"aioseo_notices":[],"amp_enabled":true,"views":"139","promo_type":"1","layout_type":"1","short_excerpt":"Beaverd, winner of $1M in X Creators contest, suspected of serial rug pulls.","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/94190","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=94190"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/94190\/revisions"}],"predecessor-version":[{"id":94192,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/94190\/revisions\/94192"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/94191"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=94190"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=94190"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=94190"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}