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The 'WallStreetBets' brand has been exploited in at least two distinct crypto fraud incidents: a 2021 Telegram pre-mine scam using a fake 'WallStreetBets – Crypto Pumps' channel that stole over $2.1 million in BNB and ETH, and a 2023 Ethereum meme token (WSB Coin) that surged to a $50 million market cap before insiders allegedly dumped $635,000 worth of tokens within days of launch, collapsing the price by over 90%. Neither token was authorized by Reddit or the r/WallStreetBets subreddit, and ZachXBT publicly identified the alleged perpetrators in the 2023 incident.

CoinsPaid is an Estonia-based cryptocurrency payment processor founded by Max Krupyshev that was targeted in two major security breaches: a $37.3 million hack in July 2023 attributed by the company and the FBI to North Korea's Lazarus Group (achieved via a sophisticated social engineering campaign using fake job offers), and a second breach in January 2024 resulting in approximately $7.5 million in losses. Despite the company's stated transparency and rapid operational recovery, the consecutive incidents raise significant concerns about its security posture and its status as a repeated high-value target for state-sponsored threat actors.