Caitlyn Jenner joins Rich the Kid saying they were ‘scammed’
American media personality Caitlyn Jenner has become the latest celebrity to accuse memecoin co-founder Sahil Arora of “fraud” following the May 26 launch of a series of surprising celebrity scams.
‘Sahil Fak! He cheated us! BIG TIME,” JENNER X's account posted when Sahil Arora was asked if he was behind the JENNER token launch.
The controversial token launch attracted a lot of attention as its market cap grew to $43 million in its first 24 hours, according to DEX Screener. However, it dropped 52.8% to $20.3 million.
Despite the failure of Aurora, Jenner reiterated that this does not mean that they will not continue to invest and promote the JENNER token.
“It's going nowhere but up,” says Jenner, a former Olympic gold medalist decathlete.
“But now Sahil seems to be completely out,” she added.
The crypto community is still debating whether the posts are really from Jenner.
Interestingly, American rapper “Rich the Kid” (Dmitri Leslie Roger) claimed that his X account was hacked by Aurora, claiming that he used it to promote the recently launched “RICH” token.
“This guy is pretty pump-and-dump and he dumped all the money into the account and blocked me.”
Wait for the official RTK token! pic.twitter.com/5fvyeaM5wL
— Rich The Kid (@richthekid) May 27, 2024
“Based on my conversations, I'm guessing he won't be flipping a lot of celebrity coins again,” Jenner wrote in a separate post.
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On Monday, eagle-eyed users discovered that a crypto wallet address posted by Jenner on X also happened to be a wallet posted by popular content creator Kazumi, who was allegedly hacked on May 20 when he promoted “ZUMI.”
The discovery led to fake cryptocurrency sleuth Roxo Arora connecting to both token startups and the memecoin affiliate to “socially engineer” Jenner's team.
After launching the token and getting Caitlin to promote it, he dumped all the tokens from the dealer's wallet and shorted others on the burner wallets.
However, data on the chain suggests that there is no landfill – at least for now.
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