Hunter Biden says LAPTOP market maker should ‘buy it all back and burn it’
Hunter Biden released a forensic review of the LAPTOP memecoin launch and said the token was not a rug pull. The account says the launch used very thin liquidity, that market makers later sold or withdrew liquidity, and that the founders did not sell their allocation.
What this rests on
What it means
Each sentence links inside to the piece that supports it.
Users and traders who watched LAPTOP’s launch saw a token that started with very little liquidity and later moved sharply, so the first morning after this account matters because the launch conditions are now part of the public record. That affects how people read the crash and the later dispute over who sold and who did not, since the report says the founders did not sell and points to market-maker-linked activity instead.
In practice, what changes is the framing around the launch: the token is being described as a memecoin launched on Base on Sept. 9, with a forensic review now published after the crash. What stays the same is that the token already fell by more than 98% on launch day, so the new material does not change what happened to holders before the review appeared.
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Has this happened before?
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