TREE NEWS update: Hunter Biden said an independent investigation cleared the LAPTOP token team of cashing out, attributing the token’s collapse to a market maker that seeded only about $5,200 and under 30,000 tokens into the liquidity pool, or 0.003% of total supply. The thin liquidity drove the price from $0.05 to roughly $317 in under two minutes before a 98% drop within an hour. He said founder tokens remain in one wallet and his personal tokens are locked for six months, then released over two years.
Hunter Biden Denies LAPTOP Token Cash-Out, Blames Market Maker for 98% Crash
AI take
The denial matters less than the mechanics it describes: a pool seeded with a fraction of supply turned a tiny token into a violent two-minute spike and near-total collapse, which is a liquidity-structure failure rather than a simple exit. That distinction shapes how similar launches get judged, since locked founder allocations and thin market-maker seeding are now the visible fault lines. Whether the promised release schedule is actually verifiable on-chain is the open question.
Generated by AI for reference only.
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