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Jaypeg Faces Accusations Over Uptober Memecoin Scandal

October 23, 2024
in Altcoin
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Jaypeg, a crypto influencer, faces allegations of a rip-off involving the “Uptober” memecoin.

In accordance with claims from Uptober’s builders and neighborhood members, Jaypeg was speculated to endorse their memecoin in trade for two% of its complete provide, price round $2,200.

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

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

To clear issues up, the Uptober group reached out to blockchain analyst ZachXBT, who discovered hyperlinks between the pockets handle and Jaypeg’s earlier actions. This handle had been used to say 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 group of blackmail. Moreover, he introduced that he had donated the disputed funds to charity.

This incident has sparked a wider dialog inside the crypto sphere in regards to 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 crucial trade occasions and interprets how they have an effect on the broader Web3 house. Her formal schooling in media tradition & digital rhetoric permits her to make use of a methodical method to evaluating essential Web3 information information, together with large-scale occasions and the broader social sentiment inside 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 investigate Web3 social sentiments spanning totally different cultures and languages and, in flip, develop a a lot deeper understanding of how the Web3 house is rising inside totally different communities. With the remainder of her group, Gode works to determine essential crypto information patterns and supply unbiased and data-driven info.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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