Ben.eth Launches Another Project After Three Rugpulls In A Month

Popular Crypto influencer known as Ben.eth on Twitter, launched his another project today after he rug pulled three coins in a month, causing his followers to millions.

The latest project includes 10,000 Orange NFTs with 0.1 ETH minting fees.

BEN, PSYOP and LOYAL – All got rugpulled

Ben.eth launched a token called $BEN. A few days after it was released, the project was rug pulled and Ben.ETH made millions of dollars from the scheme.

Shortly after the BEN fiasco, the crypto influencer announced another project. He promised that this time it would be different. After building up hype on the social media platform, he had a presale for his new token, PSYOP. In a short time quite a bit of money was added to the LP as the token was distributed. Ben.ETH liquidated the supply and swapped everything for ETH, leaving his project worthless and making off with millions from his followers.

Ben.eth did not stop there as he announced a third project- LOYAL. This time he was going to allocate a whole 33% to users who bought the token on pre-sale. The crypto influencer announced he will keep 67% of the remaining tokens. He also decided to partner with this sub’s favorite influencer, BitBoy.

Ben.eth is offering orange NFTs that come with Twitter Blue

After three rug pulls, Ben.eth dropped a 10,000 collection of orange square NFTs for 0.1eth today. It was minted out in 15 minutes and the floor price is already below mint. As per his latest tweet, the orange FF6000 NFT comes with an orange batch on your Twitter profile plus Twitter Blue.

As per a recent report from blockchain security firm Beosin, rug pulls and exit scams losses in the cryptocurrency market surpassed those from decentralized finance (DeFi) hacks in May. Just around six incidents of rug pull and scams amounted to over $45 million in total losses, while 10 attacks on DeFi protocols only netted $19.7 million.

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