
Crypto investigators like Nicolas Vaiman have made significant progress in unravelling scams linked to crypto meme coins, especially those launched by celebrities and influencers. Vaiman was scammed in 2022 in a meme coin rug pull, which led him to develop software to track coins passing through crypto wallets.
Vaiman's investigation into meme coins launched by Caitlyn Jenner, Rich The Kid, and Soulja Boy revealed that the same crypto wallet was being used for the token releases. The coins plummeted in value soon after launch, leading to massive investor losses.