“Polygon Exposed: High-Level Manipulation of Meme Coins Leads to Community Outrage and Investor Losses?”

Polygon community member Rahul has accused senior personnel of manipulating a meme coin called $ELE, providing screenshots as evidence. Individuals involved include advisor Kenzi Wang, co-founder Jack Lu, and strategic leader Sanket Shah. The project revolved around the story of co-founder Sandeep raising an elephant but was actually just a publicity stunt. Insiders sold off the tokens, and developers and KOLs were not compensated. The team attempted to shift blame but was ultimately exposed for fraud. The community is calling for a culture of transparency, integrity, and respect and for the responsible parties to be held accountable.