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US resident Christopher Williamson woke up one fine morning to find that he had become the world’s first trillionaire, thanks to his investment in crypto. His trading account on Coinbase on June 16 had a balance of $ 1,309,245,148,628.7.
However, the happiness was short-lived when the nursing student realized that the trillion balance posted on his Coinbase account was a “technical error”. Williamson had invested $ 20 (around Rs 1,400) in RocketBunny cryptocurrency just a few days ago. He has been trying his hand at cryptocurrency for the past eight months.
RocketBunny cryptocurrency last listed a price of 0.000000000036 (12 decimal places after zero), but it gained 9% on June 23 – thanks to the enthusiasm of Williamson – after falling 76% in 22 days in June.
Williamson told Fox 5 News Network that he literally fell out of bed when he saw the number on his phone and at first thought he was still asleep before checking the “again” balance sheet of billions ”.
Williamson tweeted that he needed someone to explain what was going on. He also said he had to write a check and had a penguin-shaped mega yacht waiting.
The Georgian student even tweeted billionaire Elon Musk, CEO of Tesla and SpaceX, asking for advice on his new fortune. Williamson contacted Coinbase after trying to move the currency to another wallet to withdraw it, but it was not showing the same price. And his Coinbase trading account was blocked.
Coinbase’s official Twitter account responded two days later. “Sorry – the penguin yacht may have to wait – our team is aware of the display error causing this wishful thinking for some ERC20s. They are working to fix – in the meantime, negotiating the asset will reflect its current market value. ”
Coinbase, one of the largest cryptocurrency exchanges in the world, (@coinbase, @CoinbaseSupport) has created many memes to mark Williamson’s ‘trillionaire’ days such as: “I now understand how @BillMurray really felt in the movie Groundhog Day. I’m going to need this emotional support penguin now. Penguin #stopmessingwithmeporkchop.
Day 4 as a trillionaire… @coinbase @CoinbaseSupport – I now understand how @BillMurray really felt in the movie Groundhog Day. I’m going to need this emotional support penguin now. 🐧 #stopmessingwithmeporkchop pic.twitter.com/Ivjr1x6cpL
– Christopher Williamson (@ Christo44044658) June 19, 2021
RocketBunny, a new entrant to the cryptocurrency world, has a unique proposition promising to be a deflationary token with a maximum supply of 777 quadrillion.
In RocketBunny currency, each transaction results in a 4% tax which is distributed in four equal parts: 1% each to cardholders, The Rabbit’s Hole, as locked-in liquidity and as a bonus to liquidity providers. As the volume increases, the amount spent increases logarithmically, eventually leading to an exponential decrease in supply.
Despite numerous appeals to Coinbase and RocketBunny, Williamson’s issue of a trillion plus a balance ($ 173 trillion as of June 21) in his trading account could not be resolved and his account is frozen. Williamson said he would have helped people if he really got a trillion, like opening a free clinic and helping pay off his sister’s home loan.
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