{"id":23246,"date":"2023-05-27T12:10:26","date_gmt":"2023-05-27T12:10:26","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2023\/05\/27\/degen-ben-eth-to-launch-3rd-scam-meme-coin-after-ben-and-psyop\/"},"modified":"2023-05-27T12:10:26","modified_gmt":"2023-05-27T12:10:26","slug":"degen-ben-eth-to-launch-3rd-scam-meme-coin-after-ben-and-psyop","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2023\/05\/27\/degen-ben-eth-to-launch-3rd-scam-meme-coin-after-ben-and-psyop\/","title":{"rendered":"Degen Ben.eth To Launch 3rd Scam Meme Coin After BEN and PSYOP"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<p>Pseudonymous NFT collector Ben.eth managed to construct his controversial empire amidst PEPE meme coin frenzy, in addition to linking crypto influencers and media personalities to his rip-off meme cash. After duping tens of millions of {dollars} of buyers\u2019 cash from $BEN and $PSYOP rug pulls, degen meme coin creator Ben.eth immediately <a rel=\"nofollow noopener\" href=\"https:\/\/twitter.com\/eth_ben\/status\/1662305577647714307\" target=\"_blank\">announced<\/a> plan to launch one other meme coin dubbed $LOYAL.<\/p>\n<h2>Who Is Ben.eth and the Controversy Behind Scam Meme Coins<\/h2>\n<p>NFT collector Ben.eth began his crypto journey in 2017 and entered NFT in 2021. Since then, he\u2019s been an lively member of the NFT neighborhood however was not a serious influencer. He gained reputation in May after selling PEPE meme coin and launching $BEN meme coin to attempt his luck within the meme coin season.<\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.59 --><\/p>\n<p>Initially, he utterly failed with $BEN however the token gained tempo after widespread crypto content material creator BitBoy determined to purchase it. After the preliminary success, Ben.eth introduced to launch $PSYOP meme coin by means of presale. On May 17, BitBoy offered all $BEN tokens. However, Ben.eth was in a position to <a href=\"https:\/\/coingape.com\/just-in-ben-and-psyop-creator-threatens-with-class-action-lawsuit\/\" target=\"_blank\" rel=\"noopener\">raise over $9 million<\/a> price ETH from $PSYOP presale and different tokens sale.<\/p>\n<p>Ben.eth pockets tackle worth elevated from $2600 on May 3 to $9.28 million on May 23. However, the funds have been moved out of the pockets tackle. The present stability now stands at 3450 ETH price $6.3 million, as per <a rel=\"nofollow noopener\" href=\"https:\/\/etherscan.io\/tokenholdings?a=0x91364516D3CAD16E1666261dbdbb39c881Dbe9eE\" target=\"_blank\">Etherscan<\/a>.<\/p>\n<figure id=\"attachment_149880\" aria-describedby=\"caption-attachment-149880\" style=\"width: 756px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-149880\" alt=\"Ben.eth \" width=\"756\" height=\"229\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/05\/27164601\/screenshot-etherscan.io-2023.05.27-16_45_10.png\"\/><noscript><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-149880\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/05\/27164601\/screenshot-etherscan.io-2023.05.27-16_45_10.png\" alt=\"Ben.eth \" width=\"756\" height=\"229\"\/><\/noscript><figcaption id=\"caption-attachment-149880\" class=\"wp-caption-text dfdfdf1\">Ben.eth Wallet Balance. Source: Etherscan<\/figcaption><\/figure>\n<p><strong>Also Read: <a title=\"IMF Supports US Fed To Hike Rate By 25 Bps In June, Markets To Crash?\" href=\"https:\/\/coingape.com\/imf-supports-us-fed-to-hike-rate-by-25-bps-in-june-markets-to-crash\/\" target=\"_blank\" rel=\"bookmark noopener\">IMF Supports US Fed To Hike Rate By 25 Bps In June, Markets To Crash?<\/a><\/strong><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.59 --><\/p>\n<h2>Ben.eth Launching $LOYAL Meme Coin<\/h2>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.59 --><\/p>\n<p>On May 27, Ben.eth introduced launching one other rip-off meme coin on Memorial Day naming it $LOYAL. He seeks folks to ship ETH to his pockets tackle and guarantees to not maintain this provide as different prior tokens.<\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.59 --><\/p>\n<p>Other meme cash he launched pumped and dumped. The new meme coin can also be anticipated to be a rug pull. Thus, the crypto neighborhood ought to steer clear of such cash.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">3RD TIME IS A CHARM. <\/p>\n<p>MEMORIAL DAY WEEKEND.<\/p>\n<p>IF YOU WEREN\u2019T A BELIEVER BEFORE, NOW IS YOUR CHANCE TO BECOME ONE. <\/p>\n<p>SEND TO BEN.ETH<\/p>\n<p>OR<\/p>\n<p>0x91364516D3CAD16E1666261dbdbb39c881Dbe9eE<\/p>\n<p>FOR 33% OF THE ABSOLUTE TOTAL SUPPLY. <\/p>\n<p>I WILL NOT HOLD THE SUPPLY OF THIS TOKEN HEAVY LIKE THE\u2026<\/p>\n<p>\u2014 ben.eth (@eth_ben) <a href=\"https:\/\/twitter.com\/eth_ben\/status\/1662305577647714307?ref_src=twsrc%5Etfw\">May 27, 2023<\/a><\/p>\n<\/blockquote>\n<p>BEN and PSYOP creator ben.eth is threatened with class motion lawsuits for deceptive buyers and alleged wire fraud fees. Mike Kanovitz, a associate at legislation agency Loevy &amp; Loevy, and CEO at Jurat Blockchains, filed a lawsuit towards ben.eth if he doesn\u2019t refund PSYOP presale consumers.<\/p>\n<p>On-chain sleuth ZachXBT has additionally\u00a0<a rel=\"nofollow noopener\" href=\"https:\/\/twitter.com\/zachxbt\/status\/1659623030614814720\" target=\"_blank\">shared<\/a> proof of deceptive buyers and elevating 10,000 ETH from PSYOP presale. He additionally warned that Ben.eth is retweeting hacked Steve Aoki, Psyop phishing scammer, Jared MEV Bot Owner impersonator.<\/p>\n<p><strong>Also Read: <a title=\"Binance CEO Reacts To China Releasing Web 3.0 White Paper Amid Hong Kong Crypto Push\" href=\"https:\/\/coingape.com\/binance-ceo-reacts-china-web-3-white-paper-hong-kong-crypto-push\/\" target=\"_blank\" rel=\"bookmark noopener\">Binance CEO Reacts To China Releasing Web 3.0 White Paper Amid Hong Kong Crypto Push<\/a><\/strong><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.59 --><\/p>\n<div class=\"TabDicA\">\n<div class=\"TBAcon \">\n<div class=\"authorFlip tabcS\" id=\"TabA149860\">\n<div class=\"authorBox\">\n<div class=\"author_Name\">\n<!--\n                                      \n\n<div class=\"getAuthoname\">\n                                          \n                                                                                 \n                                       <\/div>\n\n \n--><\/p>\n<p>Varinder has 10 years of expertise within the Fintech sector, with over 5 years devoted to blockchain, crypto, and Web3 developments. Being a expertise fanatic and analytical thinker, he has shared his data of disruptive applied sciences in over 5000+ information, articles, and papers. With CoinGape Media, Varinder believes within the enormous potential of those revolutionary future applied sciences. He is presently overlaying all the newest updates and developments within the crypto business.                         <\/p>\n<\/p><\/div>\n<div class=\"author_Image\">\n                                             <img loading=\"lazy\" alt=\"\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/f187fb5b7b3b0b9367ef83384cb40d5f?s=400&amp;d=mm&amp;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\" src=\"https:\/\/secure.gravatar.com\/avatar\/f187fb5b7b3b0b9367ef83384cb40d5f?s=200&amp;d=mm&amp;r=g\"\/><noscript><img loading=\"lazy\" alt=\"\" src=\"https:\/\/secure.gravatar.com\/avatar\/f187fb5b7b3b0b9367ef83384cb40d5f?s=200&amp;d=mm&amp;r=g\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/f187fb5b7b3b0b9367ef83384cb40d5f?s=400&amp;d=mm&amp;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\"\/><\/noscript>                                       <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"TabDesCm tabcS\" id=\"TabD149860\">\n<p>  The introduced content material might embody the non-public opinion of the creator and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The creator or the publication doesn&#8217;t maintain any accountability in your private monetary loss.<\/p>\n<\/div><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/coingape.com\/rug-pull-alert-degen-ben-eth-to-launch-3rd-scam-meme-coin-after-ben-and-psyop\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Pseudonymous NFT collector Ben.eth managed to construct his controversial empire amidst PEPE meme coin frenzy, in addition to linking crypto influencers and media personalities to his rip-off meme cash. After duping tens of millions of {dollars} of buyers\u2019 cash from $BEN and $PSYOP rug pulls, degen meme coin creator Ben.eth immediately announced plan to 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