07-19-2021, 09:18 AM
How “influencers” have scammed their followers out of millions.
<!-- SC_OFF --><div class="md"><p>Let's look at some of the cases of influencers shilling shitcoins. I would link more tweets but they've all been deleted. Still, let's get into this:</p> <ul> <li><strong>Banksocial</strong> - Promoted by <strong>Faze Banks</strong> on May 27 after which it peaked at high of around $0.000015 and has since fallen to $0.000000647. Another member, Faze Kay, was also involved (just as he will be in another scam).</li> <li><strong>MILF Token</strong> - Promoted by Twitch streamer Adinross (4.4m followers). <a href="https://www.youtube.com/watch?v=U_V4qr51Mhw&t=437s">Clip Here.</a> Three weeks later he then went on to say he only did it <a href="https://clips.twitch.tv/TriangularAssiduousDumplingsDancingBaby-wDwTkDBIEZ-KJR3V">for the money</a> and "hoped" none of his fans bought into it. If one of Ross' fans invested $100 in MILF Token during his stream, they would have approximately $5.80 today. </li> <li><strong>Titscoin</strong> - On April 30, Tana Mongeau posted a video to her Instagram Stories telling people how her stake in this coin bought her a Rollsroyce and that they should get theirs now. If you invested $100 on the day Mongeau claimed her Titscoin investment resulted in the purchase of a Rolls Royce, you would have approximately $0.0000000000000000001664 today. Faze Kay also promoted this coin.</li> <li><strong>Save The Kids Token</strong> - This has made headlines recently and guess who was involved? You're right Faze Kay. He along with other members of the <strong>Faze clan</strong> and people like <strong>RiceGum</strong> promoted the launch of this token acting as "ambassadors". Save the Kids hit as high as $0.04 on launch day. Just hours after that high, it tanked. If you invested $100 in Save the Kids on launch day, it would be worth around $3.39 today. </li> </ul> <p>Other Examples:</p> <ul> <li>Mark Cuban <a href="https://blogmaverick.com/2021/06/13/the-brilliance-of-yield-farming-liquidity-providing-and-valuing-crypto-projects/">promoting</a> TITAN. It fell from an ATH of $65 to now somewhere near $0.0000008907 (edit: users have said this wasn’t really a scam)</li> <li>Jake Paul Among others promoting scam coins. <a href="https://centennialbeauty.com/influencers-promoting-cryptocurrency/">Link.</a></li> <li><a href="https://mashable.com/article/influencers-altcoin-scams">Another list of examples</a></li> </ul> <p>There is honestly way too many of these influencers who don't care about consequences as long as they get their money. <strong>Remember their names, remember their faces</strong>, we may be bearish now but as soon as things change, they'll be back.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/bexji"> /u/bexji </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/omunlh/how_influencers_have_scammed_their_followers_out/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/omunlh/how_influencers_have_scammed_their_followers_out/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>Let's look at some of the cases of influencers shilling shitcoins. I would link more tweets but they've all been deleted. Still, let's get into this:</p> <ul> <li><strong>Banksocial</strong> - Promoted by <strong>Faze Banks</strong> on May 27 after which it peaked at high of around $0.000015 and has since fallen to $0.000000647. Another member, Faze Kay, was also involved (just as he will be in another scam).</li> <li><strong>MILF Token</strong> - Promoted by Twitch streamer Adinross (4.4m followers). <a href="https://www.youtube.com/watch?v=U_V4qr51Mhw&t=437s">Clip Here.</a> Three weeks later he then went on to say he only did it <a href="https://clips.twitch.tv/TriangularAssiduousDumplingsDancingBaby-wDwTkDBIEZ-KJR3V">for the money</a> and "hoped" none of his fans bought into it. If one of Ross' fans invested $100 in MILF Token during his stream, they would have approximately $5.80 today. </li> <li><strong>Titscoin</strong> - On April 30, Tana Mongeau posted a video to her Instagram Stories telling people how her stake in this coin bought her a Rollsroyce and that they should get theirs now. If you invested $100 on the day Mongeau claimed her Titscoin investment resulted in the purchase of a Rolls Royce, you would have approximately $0.0000000000000000001664 today. Faze Kay also promoted this coin.</li> <li><strong>Save The Kids Token</strong> - This has made headlines recently and guess who was involved? You're right Faze Kay. He along with other members of the <strong>Faze clan</strong> and people like <strong>RiceGum</strong> promoted the launch of this token acting as "ambassadors". Save the Kids hit as high as $0.04 on launch day. Just hours after that high, it tanked. If you invested $100 in Save the Kids on launch day, it would be worth around $3.39 today. </li> </ul> <p>Other Examples:</p> <ul> <li>Mark Cuban <a href="https://blogmaverick.com/2021/06/13/the-brilliance-of-yield-farming-liquidity-providing-and-valuing-crypto-projects/">promoting</a> TITAN. It fell from an ATH of $65 to now somewhere near $0.0000008907 (edit: users have said this wasn’t really a scam)</li> <li>Jake Paul Among others promoting scam coins. <a href="https://centennialbeauty.com/influencers-promoting-cryptocurrency/">Link.</a></li> <li><a href="https://mashable.com/article/influencers-altcoin-scams">Another list of examples</a></li> </ul> <p>There is honestly way too many of these influencers who don't care about consequences as long as they get their money. <strong>Remember their names, remember their faces</strong>, we may be bearish now but as soon as things change, they'll be back.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/bexji"> /u/bexji </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/omunlh/how_influencers_have_scammed_their_followers_out/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/omunlh/how_influencers_have_scammed_their_followers_out/">[comments]</a></span>Kind Regards R