This story contains listings of suicide. If you or someone you know need help, call for free 1-800-273-8255 24 hours.
The twenty -three -year -old Arnold Robert Haro spoke his last words on the phone in his hand. “When I die, I hope you will turn this into a memecoin,” he said. Then Haro took his own life.
Haro died on February 21 in his parental home in Madera County, California, a death certificate obtained by CBNewz shows. His suicide was sent live to his followers on X, where he went the handle @mistafuccyou. Images of Haro's death have since been removed from the platform, but the incident was briefly mentioned on his trending tab.
In the hours after the death of Haro, people created dozens of memecoins – a kind of very volatile crypto currency that was used as a vector for financial speculation – after him modeled. Traders have an opportunity to take advantage, in particular traders piled up in one of the coins, which drove the value of its value up to $ 2.1 million in total. (The currency has since lost 96 percent of its value.)
On X, some tried to claim that the person who was behind the Mistafuccyou -Munt had given Haro's last wish. But most have denounced the impulse among traders to try to take advantage of his death. “If you exchange this, you are sick,” wrote a user.
Speculation ran unbridled on X that Haro had terminated his life because he had lost money to a memecoin rugpull – a maneuver where someone makes a new coin, promotes this online and then sells their participations in one dive in one swoop, who devalues the interests of everyone. Wired could not confirm whether this Haro had happened, but his friends disputed the story. “It had nothing to do with crypto … It is not what all these crypto -nerds seem to think,” one of Haro's friends who goes on social media through J Nova told Wired. In the meantime, Haro's family has described his death as the result of 'his struggle with depression'.
In Microkosmos, the incident lays the race to the soil in Memecoin Trading Circles, where only the most horrible and morally bankrupt ideas are now being rewarded with attention, says Azeem Khan, co -founder of the Morph Blockchain and Venture Partner at Crypto VC company Foresight Ventures.
“We have reached the point where the most potentially exciting launch that people are looking at is Kanye who is trying to launch a Swastika-Munt,” says Khan, in reference to now deleted X reports made by an account associated with the artist Kanye West. “That's how terrible this space is.”
Until last year, launching a Memecoin was relatively expensive and technical stressful, which meant that few came on the market. Only Dogecoin – the original memecoin – and a handful of derivatives had some form of a long service life.
That comparison was reversed with the arrival of pump. Fun, a platform that makes it easy for everyone to launch a memecoin without costs. Since Pump.Fun was launched in January 2024, many millions of memecoins have flooded the market, including the coins modeled to Haro.
