Caitlyn Jenner claims she was scammed by joining Rich the Kid.
American journalist Caitlyn Jenner became the latest celebrity to accuse Memecoin collaborator Sahil Arora of “scamming” them after a series of bizarre celebrity token launches on May 26.
“Fuck Sahil! That person scammed us! BIG TIME,” Sahil Arora posted on Jenner’s X account when asked if he was behind the launch of the JENNER token.
The controversial token launch attracted a lot of attention, with its market cap growing to $43 million within the first 24 hours, according to DEX Screener. However, it has since fallen 52.8% to $20.3 million.
Despite Arora’s findings, Jenner reiterated that this does not mean they will not continue investing in and promoting the JENNER token.
JENNER “You can’t go anywhere but up,” said the former Olympic gold medalist decathlete.
“But Sahil seems completely out at the moment,” she added.
The cryptocurrency community is still debating whether the post was actually written by Jenner.
Interestingly, American rapper “Rich the Kid” (Dimitri Leslie Roger) recently claimed that his
“This guy pretty much pumped and dumped and poured all the money into his account and then blocked me.”
Stay tuned for the official RTK token! pic.twitter.com/5fvyeaM5wL
— Rich the Kid (@richthekid) May 27, 2024
“Based on conversations I’ve had, I’m betting he won’t be releasing many celebrity coins again,” Jenner said in a separate post.
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On Monday, eagle-eyed .
This discovery led pseudonymous cryptocurrency detective Roxo to link Arora to the launch of both tokens and the fact that the memecoin collaborator had “socially engineered” Jenner’s team.
“After launching the token and asking Caitlyn to promote it, he dumped all tokens from his distributor wallet and stole more tokens into his burner wallet.”
However, on-chain data shows that no dumps have occurred, at least for now.
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