Montreal’s ‘raccoon guy’ collected over $110,000 in cryptocurrency fees

Montreal resident, known as the "raccoon guy," has accumulated over $110,000 in cryptocurrency fees from an obscure coin called Pepper. The cryptocurrency, named after Berman's adopted raccoon, was launched on October 10 by an online trader named Hiruzen. Berman credits Hiruzen for partnering with him to collect transaction fees from users on the Pump.fun platform.

While the financial risks for investors are high, Berman has used part of the earnings to pay off debt and plans to use the remainder to establish an animal sanctuary. The Pepper coin's value has dropped significantly since its peak, and financial experts warn of the potential for financial loss on unregistered platforms.