12-year-old schoolboy made $30 thousand on cryptocurrency by deceiving investors (5 photos)

A young trader created the QUANT cryptocurrency, waited for it to grow, and screwed investors by selling the token for $30,000. Zoomer broadcast his actions on a stream, and at the end showed the crypto community the middle finger.





It all started with a photo in X, in which a 12-year-old schoolboy boasts about $2,000 earned on crypto.

“Just made $2,000 before school. Record it,” read a post on an account that presumably belonged to the boy.

Thanks to reposts from crypto investors in X, the post gained about 3 million views.



On the wave of popularity, the boy created a meme token QUANT and launched a live broadcast, where he promoted the cryptocurrency. When the token's market capitalization reached $1 million, the zoomer sold the portfolio, after which the price fell by 54% in a matter of seconds.

At first, the young trader pretended to be surprised, and then began jumping and showing the middle finger to the audience, horrified by the profit.





Crypto Twitter Gets Revenge on Zoomer: Crypto Traders Raise QUANT Market Cap to $85M in Four Hours. If the boy had held the briefcase, he would have made around $4M.

"I believe that anyone who invested in QUANT and watched the livestream, including myself, genuinely thought it could be a promising coin. After all, it's not every day you see a 12-year-old kid make $2,000 by launching his own token. "The excitement was intense," one Decrypt trader said.

Those who weren't satisfied with this kind of revenge leaked the child's identity, address, school, and his mother's Instagram account, filling the page with hateful comments.

"Your kid stole my fucking money."



Later, the student created two additional tokens, SORRY and LUCY (the name of his dog, Lucy), earning $13,000 and $12,000 respectively. The boy invested 1.5 SOL to buy over 51 million SORRY coins and then sold them for $13,000. Zoomer invested and made money with LUCY in a similar way. In total, the young trader earned $53,000.



Oddly enough, it was the child's deception that made the token so popular.

It remains unknown whether the streamer will face any consequences for such transactions.