$BERNIE
The Most Notorious Meme Token in Crypto History
Disclaimer: This is a meme token with no intrinsic value. DYOR and invest responsibly.
About Bernie Madoff
The man behind the largest Ponzi scheme in history
Bernard Lawrence Madoff orchestrated the largest private Ponzi scheme in history, defrauding thousands of investors out of tens of billions of dollars over at least 17 years. His fraudulent investment scheme was estimated to be worth about $64.8 billion based on the amounts in the accounts of Madoff's 4,800 clients.
Born on April 29, 1938, Madoff was a former chairman of the NASDAQ stock exchange. He founded the Wall Street firm Bernard L. Madoff Investment Securities LLC in 1960. The firm was one of the largest market makers on Wall Street and had a separate asset management division that was later revealed to be operating as a massive Ponzi scheme.
In 2009, Madoff pleaded guilty to 11 federal felonies and admitted to turning his wealth management business into a massive Ponzi scheme. He was sentenced to 150 years in prison with restitution of $170 billion. Madoff died in prison on April 14, 2021, at the age of 82.
Madoff's scheme collapsed during the financial crisis of 2008 when he could no longer attract new investors whose money was needed to fund withdrawals. The fallout from Madoff's scheme was widespread, affecting thousands of investors, including charities, pension funds, and wealthy individuals. His case led to significant reforms in financial regulation and oversight.
The $BERNIE token pays ironic homage to this infamous figure in financial history, with a key difference: unlike Madoff's scheme, our tokenomics are completely transparent and designed to benefit all holders equally.
Tokenomics
Unlike Bernie's scheme, our tokenomics are transparent and designed to reward holders.
Total token supply
Fixed supply with no ability to mint additional tokens, ensuring scarcity and potential value appreciation over time.
Of fees redistributed to holders
Every transaction incurs a small fee that is automatically redistributed to all token holders proportional to their holdings, creating passive income.
Liquidity burnt and locked forever
All initial liquidity tokens have been permanently removed from circulation, ensuring the trading pair will exist forever and cannot be manipulated.
Unlike Bernie Madoff's fraudulent investment scheme, $BERNIE token operates with complete transparency on the blockchain. All transactions are public, verifiable, and governed by smart contract code that cannot be altered.
Contract Address
Verify our contract on the blockchain
- Automatic redistribution of transaction fees to all holders
- Anti-whale mechanisms to prevent price manipulation
- Fully renounced contract ownership for true decentralization