- Crypto influencer points a cautionary message about Bitboy’s pre-sale undertaking.
- He expressed disbelief on the $10 million funds amassed to date.
- Bitboy defends BEN coin, assuring the group it can profit from LOYAL.
In a latest tweet that has brought about a stir within the crypto group, Crypto Tony, a outstanding influencer, issued a powerful cautionary message a few pre-sale undertaking led by crypto character Ben Armstrong, also called Bitboy.
The influencer expressed astonishment on the quantity of funds accrued to date by BEN.ETH, the token related to Armstrong’s newest enterprise, referred to as LOYAL. Particularly, practically 2k Ethereum (ETH) token, equal to over $10 million, has been deposited to the BEN deal with in query.
With a contact of disbelief, the influencer warned followers in opposition to sending cash to Armstrong, emphasizing the perceived irrationality of such an motion. Whereas some individuals see it as playing, others think about it an old style cash laundering scheme.
This proclamation comes at a time when Armstrong has assumed management over the BEN coin undertaking, which primarily operates as a meme coin.
In response to the considerations raised, Armstrong took to Twitter to make clear the state of affairs. He assured the group that the BEN coin, the first focus of his efforts, would profit from the LOYAL undertaking.
Armstrong recommended that the connection and imaginative and prescient behind the 2 initiatives will grow to be obvious to believers of the BEN coin sooner or later. The tweet additional highlighted Armstrong’s intention to consolidate the “BEN Nation” by collaborating with the Ben group.
Early this month, the Ripple chief expertise officer (CTO), David Schwartz, expressed settlement with the sentiment that the BEN meme coin undertaking is a possible rug pull, as reported by Coin Version.
Within the tweet, Schwartz raised considerations about Armstrong’s determination to hitch the staff, suggesting a connection between his involvement and the potential for a rip-off.