@beaverd, the winner of X’s $1 million writing contest, is now facing a very different kind of scrutiny. Blockchain analytics platform Bubblemaps has accused him of being a “serial rugger” who made $600,000 by launching meme coins on pump.fun.
X announced the winner on February 4, awarding Beaver $1 million for his article titled Deloitte, a $74 billion cancer metastasized across America. The piece focused on alleged corruption tied to Deloitte’s government contracts. The report also notes that Beaver was already known in parts of the English-speaking crypto community as an active meme coin trader.
Bubblemaps links a public Solana address to the $SIAS launch
According to Bubblemaps, investigators traced a linked Solana address, “2mQB8o,” from Beaver’s public wallet activity. That address allegedly launched $SIAS on pump.fun. The token reportedly surged to a $6 million market cap within 7 minutes of deployment, then collapsed to zero over the next 10 minutes after heavy selling by the developer. Its X account was later logged out.
Bubblemaps said Beaver was not only the project’s dev, but also used 4 additional addresses to snipe the token, generating a combined profit of $600,000. The platform added that the wallet cluster it linked to Beaver had launched multiple other tokens as well, and those tokens also went to zero.
Beaver’s reply fueled the backlash instead of cooling it
Beaver did not deny the accusations in a restrained way. His response was blunt: “Cry me a river. Also this isn’t even one of my top 5 most successful launches.” That remark quickly became part of the story itself.
The source says a segment of the English crypto crowd still backed him. In that view, meme coins are openly speculative and participants accept the risk. Some supporters also pointed out that Bubblemaps acknowledged Beaver did not promote $SIAS through his X account, which shifted the debate toward an older question in crypto markets: if someone launches a token and profits from price manipulation without publicly shilling it, does that count as fraud.
His Somaliscan work shaped a very different public image
Part of Beaver’s support base comes from Somaliscan, an open-source data site described in the source as tracking more than $55 trillion in U.S. government spending. Its database covers spending flows, political donations by public officials, healthcare funding, federal loans, and summaries tied to people connected to the Epstein files. Beaver’s prize-winning article argued that Deloitte received $40 billion in U.S. government contracts while causing $34 billion in losses by his estimate, a finding the source says came out of his work building the Somaliscan database.
After X announced the writing prize, Beaver immediately promoted Somaliscan and posted a CA in the replies. The dispute around him has now moved beyond a personality clash. It has pushed a familiar issue back into view for crypto traders: where the line sits between on-chain market manipulation, meme coin issuance, and conduct the market should treat as outright deception.