Crypto traders face backlash for profiting from CD Tenerife player's death

Screenshots circulating on X show trading positions for tokens labeled "MIGUEL" and "Miguel" placed directly alongside news headlines reporting the striker's passing. One post displayed a profit of $84.99, while another showed a position yielding $90.29, both utilizing photographs of De Miguel in his club kit. These assets appeared on the Pump.fun platform, which has previously faced intense scrutiny for its moderation policies.

Prominent crypto accounts, including those of users like Loshmi and Meme Detective, publicly condemned the activity, arguing that leveraging a human life for speculative profit crosses a fundamental ethical line. Despite the relatively small sums involved, the incident has reignited debates regarding the platform's ability to police its own ecosystem. Although Pump.fun previously committed to expanding its human moderation team and deploying automated systems to purge inappropriate content, these tokens bypassed existing filters, highlighting the ongoing difficulty in curbing predatory behavior in the memecoin market.