2025 On-Chain Crime Recap: Trump Sparks "Celebrity Harvest Wave," Unveiling the Behind-the-Scenes Professional Team's Zeroing Trap

The information platform BubbleMap has compiled a list of what are essentially criminal activities on the blockchain in 2025. Starting from the beginning of the year, with Trump Coin sparking a wave of celebrity coins, Trump’s wife $MELANIA, Argentine President $LIBRA , and Kanye West’s $YZY were suspected to be from the same issuing team, and all subsequently fell to zero. After celebrity coins drained market liquidity, the latter half of the year was dominated by various airdrop pump-and-dump schemes. The Monad ecosystem’s aPriori protocol raised $30 million in funding, but reports indicate that 60% of the airdrops were claimed by the same entity.

Naseem profits over a hundred million USD from Trump Coin, accused of insider trading

On January 18, this year, the soon-to-be-inaugurated U.S. President Trump issued $TRUMP coin. BubbleMap discovered that an address initially invested millions of dollars and ultimately made over a hundred million USD in profit. Further investigation revealed that these addresses belonged to well-known trader Naseem. BubbleMap initially suspected insider trading, but Naseem stated that his team discovered an official Meteora address interacting with the TRUMP‑USDC trading pool the day before the liquidity pool went live.

( Trump Coin and MELANIA Coin spark scam controversy; Messari founder calls on Trump to dismiss the issuing team )

On August 17, rapper Kanye West issued $YZY , with the first purchase address suspected to belong to Naseem. What’s more suspicious is that as the first buyer, how could they afford to spend $250,000?

Argentine President $LIBRA exposes celebrity issuing scam team

Trump Coin triggered a chain reaction of celebrity coins, including Trump’s wife $MELANIA and Argentine President Javier Milei, who suddenly posted memes promoting $LIBRA on Twitter and Instagram. These coins are suspected to be from the same issuing team, especially since the LIBRA case is under corruption investigation, and the entire case has entered litigation.

( Revisit the Argentine President’s LIBRA coin issuance: a scam? The behind-the-scenes team KIP exposed; a well-known law firm willing to provide legal assistance )

In the LIBRA case, Meteora and the LIBRA issuing party are intricately connected. Regarding the defendants, Ben Chow is a co-founder of Meteora and Jupiter. Hayden Davis is the head of venture capital firm Kelsier Ventures, claiming that the firm only served as an advisor in this incident.

( Investigative report on the black hand behind Argentine President’s meme coin LIBRA: latest relationship map, KIP and Kelsier respond )

Additional notes: The celebrity coin craze also involved rapper Tyga and Dababy, as well as the Central African Republic issuing $CAR . Under the celebrity coin trend, this small African country’s coin was quickly pumped and then dumped. Even more bizarre, Chinese crypto account Dayu stated: all crypto enthusiasts should support the president’s issuance of coins. It’s unclear whether this is genuine stupidity or a parody.

( Central African Republic President personally promotes meme coin $CAR? Video flagged as “suspicious” by AI detection tools )

Celebrity coin liquidity sharply declined, Monad’s largest DeFi pump-and-dump

On the eve of the mainnet launch of the top-tier public chain Monad, its DeFi infrastructure aPriori announced the issuance of tokens. This project raised over $30 million from Pantera Capital, Arrington Capital, Hashed, and other investors including YZi Labs, Hashkey Capital, ConsenSys, Primitive Ventures. However, it was shocking to find that 60% of the airdrops were claimed by the same entity, with aPriori claiming no internal involvement.

Movement controversy: founder accused of colluding with outsiders

Additionally, in May, Rushi, a co-founder of the once top-tier public chain Movement, was accused of colluding with external market makers. According to internal investigation documents, Movement signed an agreement to allocate about 5% of the total MOVE token supply to an intermediary called Rentech, which allowed Rentech to sell up to 66 million tokens on the day after listing, causing a rapid dump.

( MOVE crashes immediately after listing! CoinDesk reports market makers profiting from wash trading and redistribution; Movement claims to be a victim )

Rushi was cut off from Movement, and another co-founder, Cooper, retreated behind the scenes. Subsequently, Movement employees founded a new company, Move Industries. Rushi filed a civil lawsuit against Movement in July, began fundraising for his new fund in the Bay Area in August, and recently announced the establishment of Nyx Group, planning to inject $100 million into the market.

( Controversial Movement co-founder Rushi establishes Nyx Group with plans to invest $100 million )

This article, “2025 On-Chain Crime Recap: Trump Sparks ‘Celebrity Harvest,’ Revealing the Zeroing Traps of Professional Behind-the-Scenes Teams,” first appeared on Chain News ABMedia.