Gen Z Quant (QUANT)
A Solana memecoin launched on Pump.fun in November 2024 by a teenager who 'rug-pulled' it live on stream, selling his ~51M tokens for ~128 SOL (~$30K). He repeated the move with further tokens; the community then doxxed him and ironically pumped QUANT.
Also known as: Gen Z Quant, QUANT, Gen Z Quant memecoin
Summary
Gen Z Quant (QUANT) was a memecoin created on November 20, 2024 on the Solana launchpad Pump.fun. While livestreaming, the teenage creator executed a "rug pull," selling his entire ~51 million-token allocation for about 128 SOL (~$30,000) and crashing the price. He then launched and similarly dumped further tokens (reported as LUCY and SORRY), netting roughly another $24,000. [1][2]
Aftermath
Angry traders identified and doxxed the minor and his family, drawing criticism over harassment of a child; outlets such as DL News declined to name him. In an ironic twist, the community kept buying QUANT after the creator exited, briefly pushing its market capitalization into the tens of millions. The episode became a widely cited example of the abuse enabled by zero-friction memecoin launchpads. [1][2]
Bracketed numbers refer to the numbered sources listed below.
People & entities involved
Sources (2)
See also
Gala Games exploitTokensOn May 20, 2024 an attacker abused a privileged minter account on the GALA token contract to mint 5 billion GALA (≈$200M+ nominal) and dumped ~600M of them for ~$22M of ETH before Gala froze the address. Gala Games called it an internal access-control failure; the attacker later returned the ~$22M.
HEX / PulseChain (Richard Heart)ProjectsCrypto projects (HEX, PulseChain, PulseX) created by Richard Heart (Richard Schueler). In July 2023 the U.S. SEC sued him for offering unregistered securities that raised $1B+ and for allegedly misappropriating ~$12M for luxury goods (including a 555-carat diamond). A court dismissed the case in 2024 for lack of U.S. jurisdiction; there was no finding of wrongdoing and Heart denies the allegations.
This page was last updated on Jun 15, 2026. View revision history.
