A review of the 7 biggest celebrity token Rug events in history

Original author: Pix, NFT researcher

Original translation: 1912212.eth, Foresight News

The Internet has memory, especially the "evil" done in the past. A project cannot be easily successful by relying on celebrity orders, and celebrities cannot shout orders without limits as long as they are paid. Reputation is important. Celebrities who cherish their feathers will be respected for a long time, and celebrities who have defrauded fans will be tarnished. This is true for celebrities and crypto projects.

Since 2017, some celebrities have been shouting and issuing scam coins. Here are the 7 biggest celebrity rug incidents in history:

1. Davido (famous American singer)

He shouted RapDoge in 2021 and sold $300,000 to his fans.

Davido did the same with 6 other project tokens, including one he recently launched.

2.Adin (well-known game anchor)

The 2021 crypto bull run has seen influencers show their true colors. Adin was paid $186 for promoting the token in his live stream.

Not long after, he said it was a scam...

3. Lindsay Lohan (American actress and singer)

Early in 2021, she promoted several tokens, including DaughterDoge and MetaNetflix. Both were Rug.

She also promoted Canine Cartel NFT, which eventually went to zero.

4. Mayweather (famous former professional boxer)

2017: Centra ICO

2021: EMAX Coin

2022: Bored Bunny NFT, Floyd NFT Mayweather, Floyd's World, Bored Bad Bunny (all went to zero)

Funny anecdote: The SEC sued him in 2018 and he paid a $614 fine but continued to promote the project.

5. O'Neal (Former NBA Star)

If you are an OG in the field, you must have heard of Astrals on SOL. O'Neal co-founded the Solana NFT series "Astrals".

But when FTX collapsed, he abandoned the project. Users were quite annoyed and he was sued in September 2023.

6. Lil Uzi Vert (real name Symere Bysil Woods, American rapper)

In the summer of Solana in 2021, Lil Uzi Vert decided to become the spokesperson for the Eternal Beings series.

After publishing, he quickly deleted the post and the project eventually fell into trouble.

7. Rich the Kid (real name Dimitri Leslie Roger, American rapper)

He co-founded a series named NF and called orders. In total, they raised about $2 million and then disappeared.

Original link