Rapper Soulja Boy faces a fresh wave of intense criticism from the crypto analytics community over his extensive history of promoting digital assets, with his recent public apology being dismissed as insufficient. On-chain analytics platform Bubblemaps has labeled him a ‘repeat offender,’ outlining a cynical cycle of promotion, profit, and disappearance tied to numerous failed tokens and NFT projects. This controversy reignites critical questions about celebrity accountability and the damaging impact of irresponsible endorsements on investor trust within the volatile cryptocurrency ecosystem.
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0 posts last weekDiddy’s Meme Coin Soars, Crashes Amid Legal Woes
Sean ‘Diddy’ Combs sparked controversy by promoting the Official Diddy Meme (DIDDY) token on X, which surged to a $181M market cap before plummeting 79.5% in hours. The timing coincides with his federal sex trafficking trial, with legal experts suggesting prosecutors may view the stunt as a lack of remorse. Crypto attorney Ariel Givner warned it could lead to harsher sentencing or additional financial charges. Promoter Sahil Arora claims involvement, linking the scheme to Diddy’s son and Ye’s manager, though both deny comment. Arora, known for similar celebrity token flops, admitted DIDDY wasn’t a long-term project.
about Diddy's Meme Coin Soars, Crashes Amid Legal Woes