Blockchain Evidence Debunks 0xJaypeg’s Denial of $2.2K Token Sale Scam
- 0xJaypeg denied selling tokens, but blockchain evidence showed otherwise, damaging his credibility in the crypto community.
- Despite claiming innocence, 0xJaypeg’s wallet transactions and timeline exposed his involvement in the $2.2K token sale.
- The influencer’s repeated lies about the token sale scandal raised serious concerns about influencer trust in the crypto.
Influencer 0xJaypeg has been accused of misleading a community for personal gain in a token sale incident. Several allegations emerged over the weekend, purporting to show that he conned a project team out of $2.2K in tokens. The scandal has spurred discussions about the integrity of some influencers in cryptocurrency.
The situation began when a project approached 0xJaypeg to promote their meme coin in exchange for 2% of the token supply. Shortly after sharing his wallet address and receiving the tokens, 0xJaypeg deleted the message and denied receiving any tokens, shifting the blame to the project. Despite multiple follow-ups, he maintained that the wallet didn’t belong to him. However, the blockchain provided a different story.
Token Sale and Denial
Upon selling the tokens for approximately $2.2K, the project team confronted him. He continued denying the transaction, stating he had no involvement and had not received any tokens. Furthermore, he claimed the messages and wallet address were “photoshopped” in an attempt to frame him. To back his innocence, 0xJaypeg donated $2K to charity, presenting it as proof that he wouldn’t sell for such a small amount.
Blockchain Evidence Exposes the Truth
Despite his denials, blockchain evidence pointed to the wallet associated with 0xJaypeg. The project team screen-recorded a Telegram conversation, proving that he was involved. Moreover, the transaction timing matched his posts about receiving a Saga phone and disbursements from another project. Consequently, this evidence contradicted his claims, exposing his dishonesty.
Read CRYPTONEWSLAND on google newsThis situation serves as a reminder for projects and followers to be cautious when dealing with influencers. Despite their large followings, some may misuse their positions for personal gain. The incident has severely damaged 0xJaypeg’s reputation. His repeated lies have raised doubts about his credibility in crypto. Moreover, it remains unclear if this was an isolated case or part of a broader pattern.
disclaimer read moreCrypto News Land, also abbreviated as "CNL", is an independent media entity - we are not affiliated with any company in the blockchain and cryptocurrency industry. We aim to provide fresh and relevant content that will help build up the crypto space since we believe in its potential to impact the world for the better. All of our news sources are credible and accurate as we know it, although we do not make any warranty as to the validity of their statements as well as their motive behind it. While we make sure to double-check the veracity of information from our sources, we do not make any assurances as to the timeliness and completeness of any information in our website as provided by our sources. Moreover, we disclaim any information on our website as investment or financial advice. We encourage all visitors to do your own research and consult with an expert in the relevant subject before making any investment or trading decision.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The 19.4 million PNUTs sold by a trader at a loss of $669 are now worth more than $17.5 million
Cumulative net inflows of 9 spot Ethereum ETFs have turned positive after 79 trading days
Musk uses "Peanuts" emoji again on social media
BNB falls below $610