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Jaypeg Faces Accusations Over Uptober Memecoin Scandal

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Jaypeg, a crypto influencer, faces allegations of a rip-off involving the “Uptober” memecoin.

Based on claims from Uptober’s builders and neighborhood members, Jaypeg was presupposed to endorse their memecoin in alternate for two% of its whole provide, price round $2,200.

After accepting this deal on Telegram and receiving the tokens, Jaypeg is claimed to have offered them after which denied any receipt of funds.

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Jaypeg asserted that he had unintentionally shared the mistaken pockets handle, starting with “8jpz1p,” which ended up receiving the tokens. He defined that this was the explanation he later deleted the message containing the handle.

To clear issues up, the Uptober group reached out to blockchain analyst ZackXBT, who discovered hyperlinks between the pockets handle and Jaypeg’s earlier actions. This handle had been used to say airdrops from the Solana Saga smartphone in January this 12 months—shortly after Jaypeg posted an unboxing video discussing the system.

Regardless of the offered proof, Jaypeg continues to disclaim any connection to the pockets, even going so far as accusing the Uptober group of blackmail. Moreover, he introduced that he had donated the disputed funds to charity.

This incident has sparked a wider dialog throughout the crypto sphere in regards to the ethics of influencer promotions and the necessity for transparency.

In different information, MrBeast has been accused of incomes over $10 million by pump-and-dump schemes.

Gode is a Web3 Market Analyst who researches a very powerful trade occasions and interprets how they have an effect on the broader Web3 area. Her formal training in media tradition & digital rhetoric permits her to make use of a methodical strategy to evaluating vital Web3 information information, together with large-scale occasions and the broader social sentiment throughout the ecosystem.Gode is a mutilingual skilled, having studied in a number of universities all throughout Europe. This enables her to have a one-of-a-kind alternative to research Web3 social sentiments spanning completely different cultures and languages and, in flip, develop a a lot deeper understanding of how the Web3 area is rising inside completely different communities. With the remainder of her group, Gode works to establish essential crypto information patterns and supply unbiased and data-driven info.Gode’s passions embody working and speaking with folks, and when she’s not researching Web3 information, she spends her time touring and watching true crime documentaries.



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Tags: AccusationsFacesJaypegMemecoinScandalUptober
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