Ramazan Eles 
A Solana (SOL)-based meme coin deployer has managed to pocket hundreds of thousands of dollars within a mere hour, according to data shared by on-chain analytics platform Lookonchain.
The deployer of WSB, a meme coin on the Solana network, amassed a staggering $810,000 in profit in a one-hour exploit. The scheme involved minting 1 billion WSB tokens on the Solana blockchain and subsequently injecting 600 million WSB along with 400 SOL into the liquidity pool. Prior to initiating WSB trading, the deployer created 32 wallets and distributed 643 SOL among them.
These 32 wallets, orchestrated by the deployer, successfully acquired 362 million WSB, representing 36.2% of the total supply at the commencement of trading.
They then swiftly sold the 362M WSB for 4,371 SOL, worth approximately $708,000. Following this, the deployer distributed the remaining 400 million WSB to over 100 wallets. They quickly offloaded 200 million WSB of these holdings for 1,250 SOL, valued at $202,000.
Through this series of transactions, the deployer managed to rake in a profit of 5,000 SOL, equivalent to $810,000. This profit-making scheme, which bears the hallmarks of a scam, has drawn criticism from the cryptocurrency community.