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The vast majority of meme coins promoted by influencers in X end up “dead” — their value drops by 90% or more within three months. The attention surrounding meme coins has led many famous X personalities to promote these tokens…
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The body of Kevin Mirshahi, a 25-year-old cryptocurrency influencer who had been missing since June, was found dead. Mirshahi’s body was discovered in Montreal’s Île-de-la-Visitation Park, as confirmed by the Sûreté du Québec, according to the Montreal Gazette. A passerby…
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Recommendations from crypto influencers lead to losses, scientists from three universities said
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Chinese journalist Colin Wu published the report by AC Capital expert Armonio, who explained the recent popularity of meme coins.
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Ben Armstrong, known in the cryptocurrency world as Bitboy, has announced the cessation of his daily live stream. Armstrong’s decision comes amid a flurry of personal and legal challenges, including a significant financial strain due to the production costs of…
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Anonymous blockchain sleuth ZachXBT calls out Bitboy, a crypto influencer and content creator, for selling a $3,999 indicator and paid group called ‘High IQ’ in an Oct. 27 post on X.
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The legal fallout from the collapse of crypto exchange FTX continues, with some high-profile names opting to settle while others are dismissed entirely. Crypto influencer Ben “BitBoy” Armstrong is no longer facing a lawsuit related to his promotion of FTX.…
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Police in Hong Kong have arrested an internet celebrity connected to the crypto platform JPEX, which is said to be unregulated. According to a local report on Sept. 18, the Police Commercial Crime Bureau of Hong Kong arrested Lam Zuo,…
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Blockchain analyst ZachXBT accused crypto influencers TraderSZ, Trader_XO, TraderNJ1, and PetaByte of scamming. Expert claims that they fraudulently obtained tokens, inflated their price, and sold them. His investigation consists of two parts. In the first one he covers the actions of…
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The UK's financial regulator has unveiled new proposed guidelines requiring crypto firms and influencers to add disclaimers to crypto-related memes
Follow-up
BitBoy Crypto, a.k.a Ben Armstrong, saw his Twitter account hacked, leading to an unusual anti-SEC token promotion spree. This event sheds light on Armstrong’s tumultuous past, swirling with scams, controversies, and accusations, which have profoundly punctuated his public persona. Let’s…
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Former SEC Commissioner warns of a crackdown on social media influencers promoting cryptocurrencies as concerns over manipulation and fraud rise amid recent market events.
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Crypto influencer Eunice D. Wong has recently come under fire for promoting a scam memecoin known as ThaddeusToken.
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Emin Gün Sirer, the CEO and founder of Ava Labs, won a multi-million dollar crypto defamation lawsuit after being falsely accused of affiliation with a Turkish terrorist group by an influencer.
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As TikTok’s popularity continues to surge, the platform has become a hub for financial advice, particularly in cryptocurrencies. However, recent research indicates that many videos contain misleading information or promote scams. A recent study by dappGambl examined 594 accounts and…
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A recently leaked list has exposed several high-profile celebrities cashing in on promoting cryptocurrency projects on social media. This revelation underscores the potential risks associated with taking financial advice from influencers. It casts a shadow over the integrity of the…
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