The situation for scam coins is getting worse and worse. Previously, they slowly controlled the spot market from the secondary market to accumulate spot order book liquidity, and then surged up in a sudden pump so the market could gamble—allowing exchanges to make money too. Now $H directly falsely claims a hacker intrusion, liquidating everyone holding spot, cashing out over $30 million, drawing in a large number of people to use contracts to go short—then the project team pumps the price upward again to harvest many short-sellers.