X Platform Long-Form Writing Competition Million-Dollar Champion Beaverd (@beaverd) Exposed by On-Chain Analysis Firm Bubblemaps, Accused of Continuously Issuing Over Ten Meme Tokens via Pump.fun and Profiting Over $600,000
(Previous context: Arthur Hayes’ long article: Elections, Oil Prices, and Printing Machines—Why Bitcoin Only Looks at Trump’s Face)
(Additional background: a16z long article: What Risks Does Quantum Computing Bring to Cryptocurrency?)
On February 4th, X platform officially announced the results of its long-form writing contest, awarding the million-dollar grand prize to Beaverd (@beaverd). His winning article was “Deloitte, a $74 Billion Cancer That Has Spread Across the United States,” exploring the role of large government consulting firms in federal and state IT systems. The article accumulated 44.71 million views, 29,000 likes, and 7,700 shares. Elon Musk himself replied under the post, saying “Disturbing.”
However, the day after the announcement, on-chain analysis firm Bubblemaps posted a lengthy investigative tweet thread, directly accusing this million-dollar winner of having a hidden identity: a Meme coin serial pump-and-dump operator.
imagine you create an app to expose financial crime
then casually realize the app is so bad you could not expose this “criminals” top 5
imagine https://t.co/UGQcpUTbkq pic.twitter.com/FFjStGomyE
— Beni 🧠 (@benixbt) February 10, 2026
adolfnigler.sol and Over Ten Similar Schemes
According to Bubblemaps’ on-chain tracking, the public address used by Beaverd is directly linked to multiple Pump.fun token deployer wallets, one of which is registered on the Solana Name Service (SNS) as “adolfnigler.sol”—a name with obvious racist connotations.
Bubblemaps tracked at least the following tokens:
| Token Name |
Result |
| SIAS |
Market cap soared to $6 million then zeroed out within minutes; official account deactivated |
| somaliscan |
Dropped 86% from peak after the award announcement |
| PISS |
Zeroed out |
| 4am |
Zeroed out |
| RACISM |
Zeroed out |
| ExitStrat |
Zeroed out |
| EGG |
Zeroed out |
Bubblemaps’ analysis shows Beaverd’s typical method: Deploy tokens via Pump.fun → Use related wallets to buy en masse at the first moment → Create a false impression of price surge → Sell at the high point → Delete the token’s social accounts. Repeating this over ten times, he accumulated profits exceeding $600,000.
“Cry me a river” with No Regret
In response to Bubblemaps’ public accusations, Beaverd did not deny the wallet link nor rebut the on-chain transaction records. Instead, he left a provocative reply under Bubblemaps’ tweet:
“Cry me a river, this isn’t even one of my top five masterpieces.”
This unapologetic response immediately sparked community outrage. Many users questioned how he could have profited from repeatedly pumping and dumping retail investors’ tokens while simultaneously receiving the X platform’s official million-dollar “creator” award.
It’s worth noting that Beaverd describes himself on his personal website and X profile as “God’s most retarded soldier,” and his past tweets include racist remarks. NBC News reported that he once posted comments like “I think America is better with lighter skin, send those Somalis back,” among others. The official rules of the X long-form contest clearly state that entries “must not contain political or religious statements.”
Currently, Beaverd’s main argument is that the long-term decline of the tokens he issued is a form of “Rug Pull.”
imagine you create an app to expose financial crime
then casually realize the app is so bad you could not expose this “criminals” top 5
imagine https://t.co/UGQcpUTbkq pic.twitter.com/FFjStGomyE
— Beni 🧠 (@benixbt) February 10, 2026
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