After the PEPE meme coin frenzy, different meme coins comparable to BEN and PSYOP gained consideration after Ben “Bitboy” Armstrong and Andrew Tate had been linked to those meme cash.
BEN and PSYOP creator ben.eth is threatened with class motion lawsuits for deceptive traders and alleged wire fraud costs.
BEN and PSYOP Creator ben.eth Faces Class Motion Lawsuit
Mike Kanovitz, a associate at legislation agency Loevy & Loevy, and CEO at Jurat Blockchains, in a tweet on Might 20 claims to file a lawsuit in opposition to ben.eth if he doesn’t refund PSYOP presale consumers. A letter was despatched as an NFT to ben.eth handle.
In keeping with the letter, ben.eth might be charged with deceptive traders, racketeering, fraud, and wire fraud. The PSYOP presale has raised over $7 million and the lawyer claims damages price $21 million if the category motion lawsuit is filed. Kanovitz has requested to return ETH to traders as a settlement.
ben.eth has linked PSYOP meme coin with media character Andrew Tate as a possible purchaser. Beforehand, 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 in opposition to ben.eth and have proven curiosity in becoming a member of the newest class motion lawsuit. In the meantime, ben.eth has jokingly
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On-chain sleuth ZachXBT has additionally shared proof of deceptive traders 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. In the meantime, PSYOP worth jumped 200% to $0.000056 within the final 24 hours after the presale, however the worth is falling constantly.
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