After the PEPE meme coin frenzy, different meme coins akin to BEN and PSYOP gained consideration after Ben “Bitboy” Armstrong and Andrew Tate have been linked to those meme cash.
BEN and PSYOP creator ben.eth is threatened with class motion lawsuits for deceptive buyers and alleged wire fraud expenses.
BEN and PSYOP Creator ben.eth Faces Class Action Lawsuit
Mike Kanovitz, a associate at legislation agency Loevy & Loevy, and CEO at Jurat Blockchains, in a tweet on May 20 claims to file a lawsuit towards ben.eth if he doesn’t refund PSYOP presale patrons. A letter was despatched as an NFT to ben.eth deal with.
According to the letter, ben.eth might be charged with deceptive buyers, racketeering, fraud, and wire fraud. The PSYOP presale has raised over $7 million and the lawyer claims damages value $21 million if the category motion lawsuit is filed. Kanovitz has requested to return ETH to buyers as a settlement.
ben.eth has linked PSYOP meme coin with media persona Andrew Tate as a possible purchaser. Previously, YouTuber Ben Armstrong was linked to BEN meme coin after he purchased and later dumped all his token holdings.
Others are additionally claiming to file lawsuits towards ben.eth and have proven curiosity in becoming a member of the most recent class motion lawsuit. Meanwhile, ben.eth has jokes in regards to the lawsuit and focuses on airdrops.
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On-chain sleuth ZachXBT has additionally shared proof of deceptive buyers and elevating 10,000 ETH from PSYOP presale. ZachXBT has been exposing a number of meme cash as individuals are getting duped buying and selling amid memecoin season.
*pretends to be stunned* pic.twitter.com/I1qO3uFLy2
— ZachXBT (@zachxbt) May 19, 2023
BEN token is buying and selling at $0.000000061, up 1% within the final 24 hours. Meanwhile, PSYOP value jumped 200% to $0.000056 within the final 24 hours after the presale, however the value is falling constantly.
Also Read: Whales And Miners Offload Huge BTC Amid Fed Chair Powell Speech
The introduced content material might embody the private opinion of the creator and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The creator or the publication doesn’t maintain any accountability in your private monetary loss.
