Solidus Labs’ forensic analysis reveals coordinated token manipulation across Solana and BNB Chain, highlighting vulnerabilities in AMM-driven markets and bot-enabled trading.
Solidus Labs has uncovered a Telegram group called PumpCell allegedly running highly coordinated pump-and-dump schemes across Solana and BNB Chain since late 2024. The investigation found that PumpCell deployed or targeted new tokens, seeded liquidity, used sniper bots like Maestro and Banana Gun for instant trades, and created meme-based hype to lure retail buyers before coordinated exits. One token reached a $2 million valuation within an hour. In October 2025 alone, PumpCell generated an estimated $800,000 in profits, with funds moved through centralized exchanges and an Eastern European OTC cash broker to avoid compliance. The report warns that crypto’s AMM-driven, cross-chain environment and bot execution speed make such operations difficult to detect, calling for advanced real-time analytics and wallet clustering tools.