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INVESTIGATIONFile: THE HIRE LAUNCH · launch wallet sold at launch, then received the fee wallet's sell proceeds · gray list

The wallet that launched $HIRE sold its 22% two seconds later. HIRE's fee wallet now sends it the SOL from its sells

HIRE sells an AI marketing team for memecoins, paid for with a share of every coin's fees. We followed the money on launch day: the wallet that created $HIRE dumped its stake in two seconds, and it is where HIRE's central wallet sends the SOL from selling those fees.

trenchbook.app · The wallet that launched $HIRE sold its 22% two seconds later. HIRE's fee wallet now sends it the SOL from its sells · filed Oct 12, 2026, updated Oct 12, 2026 · trenchbook.app/dispatch/hire-launch-wallet

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Update, 12 October 2026, 1:49 PM ET: the launch wallet has done this before. At 10:14:43 AM ET on 9 October, 24 seconds after @UseHivepad announced Hive, "a Solana memecoin launchpad" whose coins are paired with $HIVE, the same wallet created $HIVE through Uxento, bought about 9.6% of supply for 3.04 SOL and sold all of it two seconds later for 6.09 SOL. $HIVE's market cap peaked near $114,000 and is now under $5,000; as of 1:47 PM ET, hivepad.app shows "DEPLOYMENT_PAUSED". We haven't checked whether Hive's fee wallet also paid this wallet.

HIRE calls itself "The AI memecoin agency". On hireagents.fun, anyone can launch a pump.fun coin paired with HIRE's token, $HIRE, instead of SOL. In return, the site says, the coin gets seven AI agents that post memes, build it a website and pay for its Dexscreener listing. The site's domain was registered at 11:49 PM ET on 9 October, about 90 minutes before the @UseHireAgents account was created.

At 9:38:27 AM ET on 12 October, @UseHireAgents announced the product. Thirty-one seconds later, at 9:38:58 AM ET, a wallet we'll call the launch wallet, CB83…11ZZQ, created $HIRE (slot 456066197). Its metadata reads "Launched on discord.gg/uxento": it went out through Uxento, a third-party launch tool, not through hireagents.fun. Five seconds after that, at 9:39:03 AM ET, @UseHireAgents replied to its own post with the new coin's address. The address is in the account's bio, the team calls $HIRE "our own token", and at 12:33 PM ET it thanked pump.fun for verifying it.

In the same transaction the launch wallet bought 223,687,296 $HIRE, about 22% of supply, for 8.08 SOL. Two seconds later, at 9:39:00 AM ET (slot 456066206), three seconds before the team posted the address, it sold all of it back into the curve for 20.08 SOL. That's about 12 SOL in two seconds, from the buyers who came in between. The coin went on to a market cap above $1 million without it.

HIRE's own site names the wallet its fees go to. The launch page says "HIRE's central wallet is set as the coin's creator" for coins launched there, and links Eunj…ypsP; the same address is built into the site's code. That wallet collects the coins' fees, paid in $HIRE, from pump.fun's fee vault, and the team's own first fee-claim post links a burn it signed. Every claim we checked burned about half in the same transaction, like this one.

The rest is where the launch wallet comes back in. Between 9:46 AM and 12:46 PM ET the central wallet sold $HIRE eight times on PumpSwap. In seven of those sells, the SOL from the sale went in the same transaction to the launch wallet, not to the central wallet: 15.88 SOL in all, against 0.64 SOL kept by the central wallet. The biggest was 8.19 SOL at 12:16:29 PM ET. It kept going: another sell at 1:16 PM ET sent the launch wallet 1.32 SOL more the same way. So the launch wallet isn't paid after the fact; it is where the central wallet's own sell proceeds land.

HIRE's docs say what the fees are for: "Every 15 minutes it is claimed: 50% is burned, 25% is sold for SOL to pay for costs (Dexscreener listings and the AI team) and 25% is airdropped to wallets holding at least 500k $HIRE." Across the nine claims from 9:45 AM to 12:45 PM ET, 23,977,071 $HIRE in all, the burn held: 50.2%. Airdrops came to 12.6%, sent to 416 wallets (one batch), about half the promised share. The central wallet sold 16.9% itself and sent 20.3% to another wallet, FTWpt…KQgg, which sold it for SOL. That makes 37.2% turned into SOL against the 25% the docs describe. Claim by claim, four of the nine matched 50/25/25 to the token. In three, at 9:45 AM, 11:00 AM and 12:00 PM ET, holders got nothing from that claim and the unburned half was sold or sent to FTWpt. The first of those is the one the team announced with "430,282 $HIRE going to holders in the first airdrop, within 15 min": the central wallet sold 430,283 $HIRE at 9:46 AM and another 430,283 at 9:55:58 AM, six seconds after the post went up, and the first airdrop went out at 10:02 AM ET, paid from the next claim.

That first airdrop has its own twist. At 10:00 AM ET the team asked "all employees, if this wallet belongs to you" to sell the 12% of supply held by HzrrVE…WL93, saying it was keeping buyers away. Two minutes later, the largest single payment in the first airdrop batch, 461,493 $HIRE, went to that same wallet. Asked about another large holder, the team said "Of course it's not the $HIRE team." It hasn't said who controls the launch wallet.

Some of that SOL does look like costs. The launch wallet and FTWpt each made identical payments of about 2.7 SOL, through the same payment program and with order memos, to the same address, 21wG4F…Ttgv (launch wallet, FTWpt). That is consistent with paying for listings, as the docs promise, though we haven't identified the recipient.

Why would a project's fee money flow to the wallet that dumped its launch? The team posted the coin's address five seconds after it was created and calls it its own token, so this isn't a stranger's copy. Beyond that there are possibilities, not findings. The launch wallet may be HIRE's own costs wallet, and the two-second sale was the team taking a launch allocation off the table. Or a launch partner created the coin for the team and is paid from the fees. What the chain shows is narrower: the wallet that sold 22% of $HIRE in its first two seconds is the wallet that receives HIRE's central-wallet sell proceeds.

As of 1:16 PM ET on 12 October, hireagents.fun's home, docs and launch pages still show "CA TBA", and the launch page says the $HIRE address "shows here once $HIRE is live", though the team's X account has carried it since 9:39 AM ET.

What we don't know
  • Who controls the launch wallet. The team claims $HIRE as its own token but hasn't named the wallet that created it, and the chain only shows that it receives the central wallet's sell proceeds.
  • Whether other wallets bought in the launch block. @FableDotMarket says five linked wallets took another 12% in the same bundle; we haven't checked that.
  • Whether the missed airdrop shares will be made up later, and which recipients hold the 500k $HIRE the docs require.
  • Who 21wG4F…Ttgv is, the address both the launch wallet and FTWpt paid about 2.7 SOL each.
  • Who controls FTWpt…KQgg, the wallet that received 20.3% of the claimed fees and sold them.

Where $HIRE's fees went, 12 October, 9:45 AM to 12:46 PM ET

Nine claims, 23,977,071 $HIRE; shares of the total claimed.
ShareDocs sayMeasured$HIRE
Burned50%50.2%12,040,093
Airdropped (416 wallets)25%12.6%3,024,193
Sold by the central wallet25% sold for SOL16.9%4,041,884 → 15.88 SOL to the launch wallet, 0.64 kept
Sent to FTWpt, which sold it20.3%4,864,759
Turned into SOL25%37.2%8,906,643

The claims, checked

who said it, and what the evidence shows
HOLDS UP

“50% is burned”

HIRE docs

50.2% across nine claims, 9:45 AM to 12:45 PM ET on 12 October, burned in the same transaction as each claim.

PARTLY TRUE

“25% is airdropped to wallets holding at least 500k $HIRE”

HIRE docs

Airdrops happen, to 416 wallets so far, but they came to 12.6% of claimed fees, not 25%. We didn't check the 500k threshold.

PARTLY TRUE

“25% is sold for SOL to pay for costs (Dexscreener listings and the AI team)”

HIRE docs

37.2% was turned into SOL: 16.9% sold by the central wallet, with the SOL going to the wallet that launched and dumped $HIRE, and 20.3% sent to FTWpt, which sold it. Some payments look like listing costs; where the rest goes is unproven.

PARTLY TRUE

“430,282 $HIRE going to holders in the first airdrop, within 15 min”

@UseHireAgents, 9:55 AM ET 12 Oct

That claim's unburned half was sold in two sells of 430,283 $HIRE, at 9:46 AM and at 9:55:58 AM ET, six seconds after this post. The first airdrop went out at 10:02 AM ET, paid from the next claim.

The evidence

each line links to the transaction
SEVERE

The launch wallet sold its 22% two seconds after creating $HIRE

It bought 223,687,296 $HIRE for 8.08 SOL in the creation transaction at 9:38:58 AM ET and sold all of it at 9:39:00 AM ET for 20.08 SOL.

WARNING

HIRE's central wallet sends its sell proceeds to the launch wallet

In 7 of its 8 PumpSwap sells between 9:46 AM and 12:46 PM ET, the SOL went to the launch wallet in the same transaction: 15.88 SOL, against 0.64 SOL kept.

WARNING

Airdrops at about half the advertised share so far

12.6% of claimed fees went to 416 wallets; the docs promise 25%. Four of nine claims matched 50/25/25; in three, holders got nothing. 37.2% was turned into SOL against the 25% described.

CLEAN

The 50% burn checks out

Each claim burned about half in the same transaction: 12,040,093 of 23,977,071 $HIRE across nine claims.

The wallets

4 on file
launch walletCB83…1ZZQCreated $HIRE via Uxento at 9:38:58 AM ET, bought 22% for 8.08 SOL, sold all 2 s later for 20.08 SOL; receives the central wallet's sell proceeds (15.88 SOL, 9:46 AM to 12:46 PM ET).
HIRE's central walletEunj…ypsPNamed on hireagents.fun as where creator rewards go. Claims fees in $HIRE, burns half, airdrops, sells.
fee-share recipientFTWp…KQggReceived 4,864,759 $HIRE (20.3% of claimed fees) from the central wallet and sold it for SOL.
payment recipient21wG…TTgvReceived identical ~2.7 SOL payments with order memos from the launch wallet and FTWpt.

The trail

how the wallets connect
Eunj…ypsPsends its sell proceeds, in the same transaction (7 of 8 sells, 15.88 SOL) →CB83…1ZZQHIRE's central wallet → launch walletproof 1 ↗proof 2 ↗
Eunj…ypsPsent 4.86M $HIRE (20.3% of claimed fees) →FTWp…KQggHIRE's central wallet → fee-share recipientproof ↗
CB83…1ZZQpaid ~2.7 SOL with an order memo →21wG…TTgvlaunch wallet → payment recipientproof ↗
FTWp…KQggpaid ~2.7 SOL with an order memo →21wG…TTgvfee-share recipient → payment recipientproof ↗

The coins

$HIRE98AG…pumplaunched Oct 12, 2026 · graduated to PumpSwap; about $860K market cap at 1:16 PM ET on 12 Oct (DexScreener)
$HIVEFB8b…pumplaunched Oct 9, 2026 · launched by the same wallet via Uxento; peaked near $114K, under $5K on 12 Oct

Sources

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Know more, or named here and want to reply? DM @trenchbookapp on X. A wallet's owner who proves control of it gets their reply printed.