Ghana ex-president–linked CWU token accused of “rug pull” as insiders dump, still hold 85%
Bubblemaps says an address cluster tied to CWU sold around $600,000 of tokens but related wallets still hold about 85% of supply.The CWU memecoin, promoted with the endorsement of former Ghanaian president John Agyekum Kufuor, previously hit a market cap near $120 million.On-chain data suggests over 200 freshly funded wallets grabbed almost all the supply at launch, contradicting claims of broad circulation and raising classic rug-pull red flags.
2026-05-26 14:52:02
