A new Solana-based token, Hostage Dev, claims to have taken its own developer hostage and is threatening to kill him unless the token’s market cap reaches $1 million.
Solana token ‘Hostage Dev’ is being promoted on the X platform (formerly Twitter) using a short video purporting to show a hostage that the team has kidnapped.
The ‘hostage’ can be seen bound and bagged in a nondescript room holding a cardboard placard that reads, “Please, let’s go to 1milly mcap or else I’m dead.”
Guess whos not going to sleep today? #HOSTAGE pic.twitter.com/FwwZGIctGP
— Hostage Dev (@DevHostage) February 19, 2024
Other tweets from the Hostage Dev X account read “Guess who’s not going to sleep today? #HOSTAGE,” and “Dev completely knocked out on the stream? We don’t care.”
The look of the Hostage Dev website is based on so-called ‘Wojack’ memes and traditional ‘cut-out’ ransom notes, and reads:
“We have your developer! If you want us to free him you need to pump chart to 1,000,000 marketcap.”
The Hostage Dev token currently has a 24-hour volume of $213K and a market cap of $7.58K. This means it’s $992,420 away from the kidnappers’ target of $1 million.
The site features a bagged man in a puddle of urine, a man wearing a balaclava, computers with Solana imagery, and a rising price chart.
The team isn’t exactly sure of the legality of the stunt, as it confessed on X, “Hope I don’t get swatted for this hahaha.” This was immediately followed by “Dev still hanging in, begging 😂😂😂.”
In the United States, hostage-taking is the “seizing or detention of an individual coupled with a threat to kill, injure or continue to detain… to compel a third person or governmental organization to take some action.”
Possible sentences include life imprisonment, and if the hostage is killed, the death penalty.
We’ve reached out to the Hostage Dev team and will update this piece if we hear anything back.
Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.
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