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Blockchain detective ZachXBT accused one of the most famous American boxers of advertising suspicious cryptocurrency projects and numerous cases of deceiving investors.
Floyd Mayweather recently often wrote about the FLOYD token. However, he then abruptly deleted his advertising posts, raising ZachXBT's concerns about the possible failure of the crypto project.
The athlete often implemented schemes for pumping and resetting the asset price (pump and dump), contributing to an artificial overestimation of the token rate before cashing out his own investments. While leaving other depositors with empty pockets. ZachXBT urged subscribers to be wary of veiled calls from celebrities to invest in questionable tokens.
The blockchain detective recalled that boxer has already made tens of millions of dollars in profits from the Mayweverse, Ethereum Max, Bored Bunny, Real Floyd NFT and Moonshot projects, as well as from other crypto projects that conducted ICOs in 2018. The listed startups turned out to be fraudulent, ZachXBT emphasized. And rhetorically asked readers: does Mayweather deserve trust?
In 2022, one of the investors in the Ethereum Max token sued Floyd Mayweather, accusing the athlete of colluding with the founders of the project and selling tokens to raise the price. In 2018, the U.S. Securities and Exchange Commission (SEC) fined Boxer for promoting a fraudulent ICO.
Floyd Mayweather recently often wrote about the FLOYD token. However, he then abruptly deleted his advertising posts, raising ZachXBT's concerns about the possible failure of the crypto project.
The athlete often implemented schemes for pumping and resetting the asset price (pump and dump), contributing to an artificial overestimation of the token rate before cashing out his own investments. While leaving other depositors with empty pockets. ZachXBT urged subscribers to be wary of veiled calls from celebrities to invest in questionable tokens.
The blockchain detective recalled that boxer has already made tens of millions of dollars in profits from the Mayweverse, Ethereum Max, Bored Bunny, Real Floyd NFT and Moonshot projects, as well as from other crypto projects that conducted ICOs in 2018. The listed startups turned out to be fraudulent, ZachXBT emphasized. And rhetorically asked readers: does Mayweather deserve trust?
In 2022, one of the investors in the Ethereum Max token sued Floyd Mayweather, accusing the athlete of colluding with the founders of the project and selling tokens to raise the price. In 2018, the U.S. Securities and Exchange Commission (SEC) fined Boxer for promoting a fraudulent ICO.
