Hunter Biden calls for LAPTOP market makers to buy back and burn tokens

Hunter Biden has a request for the trading firms behind his memecoin’s launch: buy back the excess tokens and burn them. The call follows a forensic review commissioned after $LAPTOP’s September debut. The review ties the token’s wild opening swings to thin liquidity and market-making missteps, and it found that some of those market makers walked away with sizable gains. From launch to forensic review $LAPTOP went live on September 9, 2026, on Base, the Ethereum layer-2 network built by Coinbase. The token launched with a supply of 1 billion units and a starting price of approximately $0.05. Things moved fast. The price shot up almost immediately, and for a moment the token’s fully diluted valuation sat somewhere between $144 billion and $317 billion. The spike did not last. $LAPTOP fell 98% to 99% within hours, a drop driven largely by how little liquidity was backing the market. By early October 2026, the token had settled around $0.079. On October 7, 2026, Groom Lake published an independent forensic review of the launch. Its central finding concerned one market maker that contributed only about $5,200 in liquidity, a figure the review put at less than 0.003% of the total supply...