Bitcoin

Social media star Logan Paul faces fresh scrutiny following a BBC investigation that revealed undisclosed profits from cryptocurrency promotions. The investigation uncovered evidence suggesting Paul may have benefited from promoting high-risk <a href="https://cryptotale.org/five-protocols-of-solana-break-record-amid-meme-coin-craze/" rel="noopener noreferrer nofollow">meme coins</a> to his YouTube followers without revealing his financial interests.According to<a href="https://www.bbc.com/news/articles/cze386d3enpo.amp" rel="noopener noreferrer nofollow"> the BBC&#39;s findings</a>, an anonymous crypto wallet closely linked to Paul&#39;s public wallet traded in an <a href="https://cryptotale.org/elon-musks-dogefather-post-stirs-market-doge-gains-6-4/" rel="noopener noreferrer nofollow">Elon Musk</a>-themed token shortly before his public endorsement. The wallet reportedly made a $120,000 profit following Paul&#39;s promotion, which caused the token&#39;s price to surge dramatically.&#34;Elongate made me rich. Elon baby let&#39;s go!&#34; Paul stated in a video to his Maverick Club members. Following this endorsement, the token&#39;s price surged by over 6,000% before eventually crashing.The anonymous wallet purchased approximately $160,000 worth of tokens just an hour before Paul&#39;s tweet suggesting the price was headed &#34;to the moon.&#34; Within twelve hours of the price spike, the wallet sold most of its holdings, securing a profit of over $120,000.The investigation raises serious questions about compliance with SEC regulations, which require celebrities to disclose their financial interests when promoting cryptocurrencies. SEC<a href="https://cryptotale.org/logan-pauls-secret-120k-meme-coin-profits-unveiled-report/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Logan Paul's Secret $120K Meme Coin Profits Unveiled: Report

CryptoTale

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