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Solidus Names Telegram’s ‘PumpCell’ as Multi-Chain Pump-and-Dump Ring

Solidus Labs urges exchanges to adopt real-time AMM monitoring to protect retail traders.

Overview

  • The forensic report details an invite-only Telegram group coordinating token launches and timed exits across multiple chains.
  • Solidus estimates the operation netted about $800,000 in October 2025 from a few dozen micro-cap pumps.
  • Tactics included seeding AMM liquidity, using sniper bots like Maestro and Banana Gun within seconds of launch, and fabricating meme narratives to draw copy traders.
  • The group focused on new tokens on Solana and BNB Chain, with synchronized bot-driven buying to create rapid artificial price spikes.
  • Examples cited include Solana’s ZERO surging to nearly a $2 million fully diluted value before collapsing, with proceeds routed to centralized exchanges and an Eastern European OTC broker.