Solana

<div class="protos">
 <div>
 <div>
 <div>
 A new <a rel="noopener noreferrer nofollow" title="Crypto" href="https://thebittimes.com/tag/crypto.html">Crypto</a> project claims to have taken its own developer <a rel="noopener noreferrer nofollow" title="hostage" href="https://thebittimes.com/tag/hostage.html">hostage</a> and is threatening to kill him unless the currency’s market cap reaches $1 million.
 Solana token ‘Hostage Dev’ is being promoted on X (formerly Twitter) using a live stream purporting to show a hostage that the team has kidnapped.
 The ‘<a rel="noopener noreferrer nofollow" title="hostage" href="https://thebittimes.com/tag/hostage.html">hostage</a>’ can be seen bound and bagged in a nondescript room holding a cardboard placard that reads, “Please, let’s go to 1milly mcap or else I’m dead.”&nbsp;Other tweets from the <a rel="noopener noreferrer nofollow" title="Hostage Dev" href="https://thebittimes.com/tag/hostage-dev.html">Hostage Dev</a> X account read “Guess who’s not going to sleep today? #HOSTAGE,” and “Dev completely knocked out on the stream? We don’t care.”
 <figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="976" height="1024" src="https://cdn.thebittimes.com/images/2024/02/20/8981bc98b46005c15b486067ffaf7bb7.webp" alt class="wp-image-61062" srcset="https://cdn.thebittimes.com/images/2024/02/20/8981bc98b46005c15b486067ffaf7bb7.webp 976w, https://cdn.thebittimes.com/images/2024/02/20/8981bc98b46005c15b486067ffaf7bb7.webp 286w, https://cdn.thebittimes.com/images/2024/02/20/8981bc98b46005c15b486067ffaf7bb7.webp 768w, https://cdn.thebittimes.com/images/2024/02/20/8981bc98b46005c15b486067ffaf7bb7.webp 1178w" sizes="(max-width: 976px) 100vw, 976px">
 <figcaption class="wp-element-caption">
 “Please, let’s go to 1milly mcap or else I’m dead.”
 </figcaption>
 </figure>
 The look of the Hostage Dev website is based on so-called ‘Wojack’ memes and traditional ‘cut-out’ ransom notes, and reads “We have your developer! If you want us to free him you need to pump chart to 1,000,000 marketcap.”
 The <a rel="noopener noreferrer nofollow" title="Hostage Dev" href="https://thebittimes.com/tag/hostage-dev.html">Hostage Dev</a> <a rel="noopener noreferrer nofollow" title="token" href="https://thebittimes.com/tag/token.html">token</a> currently has a 24-hour volume of $213K and a market cap of $7.58K. This means it’s $992,420 away from the kidnappers’ target of $1 million.
 <figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="450" src="https://cdn.thebittimes.com/images/2024/02/20/ecec37f6b8df0314a38b6a933eaad621.webp" alt class="wp-image-61030" srcset="https://cdn.thebittimes.com/images/2024/02/20/ecec37f6b8df0314a38b6a933eaad621.webp 1024w, https://cdn.thebittimes.com/images/2024/02/20/ecec37f6b8df0314a38b6a933eaad621.webp 300w, https://cdn.thebittimes.com/images/2024/02/20/ecec37f6b8df0314a38b6a933eaad621.webp 768w, https://cdn.thebittimes.com/images/2024/02/20/ecec37f6b8df0314a38b6a933eaad621.webp 1536w, https://cdn.thebittimes.com/images/2024/02/20/ecec37f6b8df0314a38b6a933eaad621.webp 2048w" sizes="(max-width: 1024px) 100vw, 1024px">
 <figcaption class="wp-element-caption">
 The site features a bagged man in a puddle of urine, a man wearing a balaclava, computers with Solana imagery, and a rising price chart.&nbsp;
 </figcaption>
 </figure>
 Read more: Bitcoin dad’s beef with daughter goes viral after Musk response
 The team isn’t exactly sure of the legality of the stunt, as it confessed on X, “Hope I don’t get swatted for this hahaha.” This was immediately followed by “Dev still hanging in, begging .”
 In the United States, hostage-taking is the “seizing or detention of an individual coupled with a threat to kill, injure or continue to detain… to compel a third person or governmental organization to take some action.” Possible sentences include life imprisonment, and if the hostage is killed, the death penalty.&nbsp;
 Got a tip? Send us an email or ProtonMail. For more informed news, follow us on&nbsp;X,&nbsp;Instagram,&nbsp;Bluesky, and&nbsp;Google News, or subscribe to our&nbsp;YouTube&nbsp;channel.
 </div>
 </div>
 </div>
</div>
Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/developer-taken-hostage-to-pump-new-solana-token-tbt80293.html">https://thebittimes.com/developer-taken-hostage-to-pump-new-solana-token-tbt80293.html</a>

Developer ‘taken hostage’ to pump new Solana token

TheBitTimes

Other articles published on Feb 20, 2024

From Gaming to Earning: NuggetRush, Immutable, and The Sandbox Redefine Play-to-Earn

Crypto ETFs See Record-breaking $2.45 Billion Inflows in One Week

Crypto investment products reach the highest AUM

Stellar (XLM) Eyes New Era With Mega Upgrade, Will Validators Fall in Line?

Elon Musk’s X is unraveling in real time – And crypto’s role?

Meme Tokens Attract Investor Optimism as Market Heats Up

Join our free newsletter for daily crypto updates!