A Ross Ulbricht-linked wallet address has reportedly lost $12 million in an attempt to provide liquidity for a meme coin called ROSS.

Ross Ulbricht-associated wallets lost $12 million due to errors while providing liquidity for the fan-made ROSS meme coin on Raydium.

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Ross Ulbricht lost 80% of his ROSS holdings, after two mistaken attempts at building the token's liquidity pools on Raydium. Ulbricht remains a LP on the exchange with the remaining 10% of his tokens.

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