Michael Kanovitz, a lawyer threatening to file a class action against Ben.eth, says the PSYOP scheme bear similarities to cases that have seen SEC enforcement. Ben.eth, the pseudo-anonymous memecoin creator behind at least three controversial token launches in recent weeks, could fall under the crosshair of United States regulators, crypto lawyers suggest. A previously little-known…
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A “manipulative launch strategy” was alleged over how the liquidity pools were structured and how the tokens “trickled out.“ A nonfungible token (NFT) influencer has been served with a settlement demand via an NFT — which casually dropped the “F-bomb” several times — alleging that the influencer engaged in wire fraud “at a minimum” on…
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Pseudonymous NFT collector turned celebrity meme coin creator Ben.eth has raked in a huge more than $7 million in ETH sales in the past seven days via a presale of his next memecoin called $PSYOP. Investors were eager to get in on Ben.eth’s latest meme coin project in wake of the success of his first…
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