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Jaypeg Faces Accusations Over Uptober Memecoin Scandal

October 21, 2024
in Blockchain
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Jaypeg, a crypto influencer, faces allegations of a rip-off involving the “Uptober” memecoin.

In line with claims from Uptober’s builders and group members, Jaypeg was alleged to endorse their memecoin in trade for two% of its whole provide, price round $2,200.

After accepting this deal on Telegram and receiving the tokens, Jaypeg is alleged to have offered them after which denied any receipt of funds.

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Jaypeg asserted that he had by chance shared the fallacious pockets deal with, starting with “8jpz1p,” which ended up receiving the tokens. He defined that this was the explanation he later deleted the message containing the deal with.

To clear issues up, the Uptober crew reached out to blockchain analyst ZackXBT, who discovered hyperlinks between the pockets deal with and Jaypeg’s earlier actions. This deal with had been used to assert airdrops from the Solana Saga smartphone in January this yr—shortly after Jaypeg posted an unboxing video discussing the machine.

Regardless of the offered proof, Jaypeg continues to disclaim any connection to the pockets, even going so far as accusing the Uptober crew of blackmail. Moreover, he introduced that he had donated the disputed funds to charity.

This incident has sparked a wider dialog throughout the crypto sphere concerning the ethics of influencer promotions and the necessity for transparency.

In different information, MrBeast has been accused of incomes over $10 million by means of pump-and-dump schemes.

Gode is a Web3 Market Analyst who researches an important business occasions and interprets how they have an effect on the broader Web3 house. Her formal training in media tradition & digital rhetoric permits her to make use of a methodical method to evaluating important Web3 information information, together with large-scale occasions and the broader social sentiment throughout the ecosystem.Gode is a mutilingual skilled, having studied in a number of universities all throughout Europe. This permits her to have a one-of-a-kind alternative to research Web3 social sentiments spanning completely different cultures and languages and, in flip, develop a a lot deeper understanding of how the Web3 house is rising inside completely different communities. With the remainder of her crew, Gode works to determine essential crypto information patterns and supply unbiased and data-driven data.Gode’s passions embody working and speaking with individuals, and when she’s not researching Web3 information, she spends her time touring and watching true crime documentaries.



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Tags: AccusationsfacesJaypegMemecoinscandalUptober
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