More HoopsHype Rumors
May 27, 2022 | 8:51 pm EDT Update
According to the lawsuit, Mr. Pierce received more than 15 trillion EthereumMax tokens in exchange for tweets endorsing the coin. None of the tweets excerpted in the lawsuit mentioned a business relationship with the token’s creators. Shortly after promoting the project, the lawsuit claimed, Mr. Pierce sold his tokens — an apparent “pump and dump” operation in which he profited by encouraging fans to buy the tokens, before selling his own holdings at a higher price. A lawyer for Ms. Kardashian said the suit’s allegations “lack merit.” Mr. Mayweather, Mr. Pierce and the project’s founders did not respond to requests for comment.
May 27, 2022 | 8:30 pm EDT Update