Every memecoin or NFT is ultimately, a rug pull waiting to happen. Especially if there exist core investors with a big slice of the coin pie. All the red flags were there and yet people still invested. They got what they deserved. An expensive lesson in DYOR.
Although I have no sympathy for crapto investors, we cannot excuse the scammers themselves. Especially because they also abused their public positions to help this coin gain value.