Neighborhood Warns Towards Sending Funds to BEN.eth in $LOYAL Pre-Sale

• Crypto influencer points a cautionary message about Bitboy’s pre-sale venture.
• He expressed disbelief on the $10 million funds amassed up to now.
• Bitboy defends BEN coin, assuring the group it can profit from LOYAL.

In a latest tweet that has precipitated a stir within the crypto group, Crypto Tony, a distinguished influencer, issued a powerful cautionary message a few pre-sale venture led by crypto persona Ben Armstrong, also called Bitboy.

The influencer expressed astonishment on the quantity of funds accrued up to now by BEN.ETH, the token related to Armstrong’s newest enterprise, known as LOYAL. Particularly, practically 2k (ETH) token, equal to over $10 million, has been deposited to the BEN handle in query.

With a contact of disbelief, the influencer warned followers towards sending cash to Armstrong, emphasizing the perceived irrationality of such an motion. Whereas some folks see it as playing, others contemplate it an old style cash laundering scheme.

$10,000,000 accrued up to now by BEN.ETH on yet one more pre sale he’s doing known as $LOYAL ..Completely psychological to anybody sending this man cash pic.twitter.com/aewNecfP8O

— Crypto Tony (@CryptoTony__) Might 27, 2023

This proclamation comes at a time when Armstrong has assumed management over the BEN coin venture, which primarily operates as a meme coin.

In response to the issues 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 venture.

Armstrong instructed that the connection and imaginative and prescient behind the 2 initiatives will turn into obvious to believers of the BEN coin in the end. The tweet additional highlighted Armstrong’s intention to consolidate the “BEN Nation” by collaborating with the Ben group.

$BEN coin will solely profit from $LOYAL. It doesn’t make sense to fade one for the opposite. $BEN believers will see the imaginative and prescient and connection quickly. $BEN continues to be my foremost focus. The transfer to affix @eth_ben is for the $BEN Nation.

— Ben Armstrong (@Bitboy_Crypto) Might 27, 2023

Early this month, the chief know-how officer (CTO), David Schwartz, expressed settlement with the sentiment that the BEN meme coin venture is a possible rug pull, as reported by Coin Version.

Within the tweet, Schwartz raised issues about Armstrong’s resolution to affix the workforce, suggesting a connection between his involvement and the potential for a rip-off.

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