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Jaypeg Faces Accusations Over Uptober Memecoin Scandal

October 27, 2024
in Crypto Updates
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Jaypeg, a crypto influencer, faces allegations of a rip-off involving the “Uptober” memecoin.

In response to claims from Uptober’s builders and group members, Jaypeg was imagined to endorse their memecoin in change for two% of its complete provide, value round $2,200.

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

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

To clear issues up, the Uptober crew reached out to blockchain analyst ZachXBT, 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 12 months—shortly after Jaypeg posted an unboxing video discussing the gadget.

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 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 an important 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 crucial Web3 information knowledge, 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 establish essential crypto information patterns and supply unbiased and data-driven info.Gode’s passions embrace working and speaking with folks, 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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