DraftKings content creator Taylor Mathis has internet crypto bros furious after completing a ‘rug pull’ on her meme coin

Taylor Mathis Scandal: It’s Friday, and if you’re reading this, you’re probably hanging on to the last remaining heartbeat at work for the final hours before finally heading home for the weekend. I’m going to guide to home with the wildest story circulating on the badlands of the internet: “Walking Bets” Taylor Mathis and her alleged meme coin scandal.

It’s impossible to ignore how quickly Taylor Moore and her meme coin scandal caught fire over the last 24 hours. According to internet detectives, Taylor Mathis is at the center of what they’re calling a crypto “rug pull,” and there’s speculation that the Feds might come knocking on her door soon.

Here’s the rundown on Taylor Mathis according to @Tyler_Did_It– who insists he’s not a lawyer:

The Taylor Mathis situation with $TAYLOR has gotten very messy.

For quick background, Taylor Mathis is a sports betting content creator and analyst for DraftKings, known widely in sports for her "Walking Bets" videos.

Here's where her story meets crypto (and goes south)

TLDR:… pic.twitter.com/JRfL7cBBKt

— TylerD 🧙‍♂️ (@Tyler_Did_It) October 24, 2024

1. The Creation: A group of crypto-loving degenerates minted a meme coin called TAYLOR coin, inspired by none other than Mathis herself.
2. The Endorsement: Mathis agrees to promote the coin, securing 2% of the total supply (that’s 20 million tokens, for those keeping track).
3. The Hype: Within three days, TAYLOR coin hits a $6 million market cap, all thanks to her endorsement and some serious hype on social media.
4. The Dip: Just as quickly, the coin takes a nosedive, dropping below a $1.5 million market cap.
5. The Dump: Late last night, Mathis allegedly dumps her entire 2% stake, pocketing 95 SOL ($16,000) and sending the coin’s value into freefall, bottoming out below $100,000.
6. The Aftermath: Mathis hops on X (formerly Twitter), saying, “Yea the crypto thing is not for me lol.” She also claims she’ll donate the funds to a toy drive—only to delete that tweet soon after.
7. The Rebuy: In a bizarre twist, her wallet reportedly buys back 34 million tokens for $9,000, sparking a partial rebound in TAYLOR coin’s value. She even starts engaging with users about her rebuys, calling it “crazy lore.”

Walking Bets with host, Taylor Mathis (lol)

a well endowed sports handicapper cutie discovered that convex 📱 filter (like selena gomez & sydney sweeney perfected yrs ago) that makes boobs look even bigger so crypto ghouls built a memecoin around her and now she's suspected of securities fraud 🤣 $Taylor #TaylorMathis pic.twitter.com/k0r1fezmP8

— MJChile (@Maynard29Jim) October 25, 2024

Now, the internet is losing it. Some people are yelling “FRAUD,” while others are convinced she’s heading for a courtroom to face federal charges.

It’s a mess, and I can’t help but laugh at the absurdity of it all. The idea that a meme coin tied to a social media influencer like Mathis could lead to a full-blown scandal? It’s peak 2024.

The funniest part? The same guys who have been glued to her 4K videos for months are now furious that she may have made a quick buck off a meme coin. It’s like a meme come to life: dudes who were captivated by her, now bitter that she cashed in on their fascination.

A meme coin named after a social media star allegedly duping a bunch of crypto bros who yell “SECURITIES FRAUD!” on Elon Musk’s social platform? It’s the kind of absurdity that feels like a fever dream.

The guys who are shouting “SHE’S A FRAUD!” have no one to blame but themselves. Letting your admiration for Taylor Mathis cloud your judgment? That’s on you. It’s not like this is the first time in history that guys have lost money over boobs.

Remember: Boobs are undefeated, but don’t cry when they take your money. Just ask Steven Conrad Jr who learned that the hard way in a Strip Club on Bourbon Street when TLL was down in the Big Easy for Eagles-Saints earlier this season.

It’s a lesson as old as time, and it’s Business 101.

Join The Chase