Rune2026-09-02 15:38:33Rune Admits Acquisition Post Was Fabricated, FAMI and JINQIAN Market Caps Drop Below $20MIn a surprising turn of events, trader Rune has retracted his earlier claim about acquiring a Nasdaq-listed company, announcing on social media platform X that the entire post was fabricated using the AI tool Claude. He emphasized that the numbers were made up and exaggerated. Community members had already cast doubt on the claim, pointing out that no Nasdaq stock exists with a market capitalization of $4.8 million, a share price of $0.12, and a short interest ratio of 92.3% simultaneously. The impact was immediate on the tokenized stock FAMI and the meme coin JINQIAN, which were previously speculated to be related to Rune's alleged acquisition plan. According to GMGN data, FAMI's market cap plunged to approximately $18 million, a steep one-hour drop of 46%, while JINQIAN's market cap fell to around $17.5 million, down 57% in the same timeframe. Both tokens have now fallen significantly from their recent highs, reflecting the market's reaction to the revelation of fabricated information.1130
Binance2026-07-23 02:00:14CZ Says Fake Screenshots and Bogus Legal Letter Are Being Circulated, Plans to Spend Less Time Refuting FUDBinance founder CZ said recent private chat screenshots and a so-called legal letter circulating online were fabricated, adding that he plans to spend less time responding to such FUD posts one by one.470
