Pop star Jason Derulo, known for his musical hits and vibrant stage presence, is now under scrutiny for his involvement in a meme coin scam scheme. Despite public assurances that he “WILL NEVER SELL” his newly launched meme coin, JASON, after the meme coin dumped more than 72% after launch, Derulo reportedly sold significant amounts of the token.
This development comes after his video pleading and assuring people that he will never sell his bags, adding another layer of complexity to the ongoing debate about the ethical implications of celebrity endorsements in the volatile world of cryptocurrency.
American singer Jason Derulo faces significant backlash after promoting a meme coin, JASON, to his 3.5 million followers on X (formerly Twitter). Shortly after the launch, the coin’s value dipped by over 72%, causing widespread dismay among investors and fans, all alleging a pump and dump scheme.
Damn Sahil got me
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