Hunter Biden Blames Market Maker for LAPTOP Meme Coin Collapse

Hunter Biden has said that a forensic review of the LAPTOP launch found the token’s extreme rise and collapse were caused by unusually thin liquidity and later market-maker activity, while on-chain records showed the founders had not sold their allocation. The account challenges the earlier perception of a rug pull, but the market makers remain unnamed (merely referred to as Market Maker 1 and Market Maker 2), and the investigation was commissioned by the project team. LAPTOP Launch Exposed By Thin Liquidity Biden said Groom Lake reviewed every recorded trade from the launch and found that a market maker given $500,000 deployed only about $5,200 into the initial pool.