Cycle of grift: serial scammer rugs a meme to fund his 100th high-leverage liquidation, threatens to sue when called out

James Wynn gained twitter fame by posting idiotic high leverage trades. A couple early trades went well (luck) but he's been liquidated a hundred times over since then and is dead ass broke.

So he does what any professional trader would do: he launched a memecoin yesterday and rugs it within 30 minutes. Then he uses that to open yet another 100x short on BTC at $113k. Note that BTC is currently over $114k today.

That brings us to our boy Tom Crown (one of our former r/cryptocurrency podcast hosts and YouTube analyst) calls him out for the pump and dump.. James responded by messaging him with a threat to sue lmfao:

My lawyers have collected everything on you. You’ll hear from them next. See you in court Tom for defamation. You’ve contributed to me losing millions of dollars from various exchange deals one that named you.

Odds on whether he actually gets sued? This cycle is absolute clown show.