Solana Treasury Firm Blames Sniper for Suspicious Meme Coin Trades – Decrypt

Jan 22, 2026 - 22:00
Solana Treasury Firm Blames Sniper for Suspicious Meme Coin Trades – Decrypt
In brief DeFi Development Corp. launched an experimental meme coin on Thursday on the Solana blockchain. An early buyer, identified by the firm as an “early sniper,” bought $4,000 of the token before the public announcement. It was soon worth $1 million. The firm said it was able to retrieve the sniper’s outstanding token balance,...

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