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tldr; Ryan Garcia recently launched a meme coin called $RYAN, which quickly crashed, causing investors to lose nearly all their money. This incident has been labeled a 'rug pull,' a fraudulent scheme in the crypto world. Despite the scandal, the boxing media has largely ignored the story, possibly due to conflicts of interest, as Garcia is involved with entities like Ring Magazine, now owned by Saudi interests. Garcia had promoted the coin as a charitable initiative, but after the crash, he deleted all related social media posts. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.