{"id":395616,"date":"2023-05-19T16:30:47","date_gmt":"2023-05-19T16:30:47","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=395616"},"modified":"2023-05-20T06:24:17","modified_gmt":"2023-05-20T06:24:17","slug":"nft-influencer-ben-eth-accused-of-rug-pull-after-delaying-to-launch-his-pysop-token","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/nft-influencer-ben-eth-accused-of-rug-pull-after-delaying-to-launch-his-pysop-token","title":{"rendered":"NFT Influencer Ben.Eth Accused of Rug Pull After Delaying Launch of His $PSYOP Token"},"content":{"rendered":"<p>Ben.eth, a non-fungible token collector and influencer who recently turned crypto millionaire after running a controversial presale, has received a massive backlash after failing to offer his crypto investors their allocations as he previously pledged.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">You claimed presale buyers would get a 30% discount. After the presale I am down 90%. Doesn\u2019t sound like a good summer for me.<\/p>\n<p>&mdash; JayThereum (@JPThereum) <a href=\"https:\/\/twitter.com\/JPThereum\/status\/1659550609803034625?ref_src=twsrc%5Etfw\">May 19, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2>Ben.Eth Accused Of A Rug Pull<\/h2>\n<p>The NFT influencer Ben.eth rose to fame last week after raising nearly $7 million from his controversial token presale. Earlier this month, Ben partnered with his namesake famous YouTuber Ben &#8220;Bitboy&#8221; Armstrong to launch his own-branded meme coin, $BEN.<\/p>\n<p>Following the success of the BEN token, which peaked at a $72M market cap four days after its May 6 launch, Ben.eth announced a presale for his next meme coin, $PSYOP, on May 12, telling investors to send ETH to his wallet to secure an allocation.<\/p>\n<p>Crypto investors have since sent 3,848 ETH or $6.9 million, despite looming claims that $PSYOP pseudonymous founder had plans to rug pull the project. After several days of delay, Ben.eth has finally announced the airdrop of his $PSYOP token.<\/p>\n<h2>Ben.eth Receives Heated Community Backlash<\/h2>\n<p>Despite criticisms and accusations from some crypto investors, Ben.eth has released the 10% of his crypto token allocation to investors. While commenting about the remaining 90%, Ben.eth remarked:<\/p>\n<blockquote><p>\u201cAll presale contributors will get their full allocation asap. The ones that don\u2019t touch it, meaning no transfers, will be especially rewarded. The other 90% of the $PSYOP allocation will be coming in batches over the next few days. If you don\u2019t touch your airdrops at all, meaning no token transfers, you will get a good amount extra.\u201d<\/p><\/blockquote>\n<p>Nonetheless, some crypto investors have accused Ben of wired fraud despite launching the highly anticipated $PSYOP crypto token. Ben has announced to continue airdropping the rest of the new tokens all over the weekend.<\/p>\n<p>https:\/\/twitter.com\/eth_ben\/status\/1659460877970726912?s=20<\/p>\n<h3>Related NFT News:<\/h3>\n<ul>\n<li><a href=\"https:\/\/insidebitcoins.com\/news\/the-intriguing-story-of-how-a-small-nft-influencer-has-raised-7m-in-just-72-hours\">The Intriguing Story Of How A Small NFT Influencer Has Raised $7M In Just 72 Hours<\/a><\/li>\n<li><a href=\"https:\/\/insidebitcoins.com\/news\/meme-coins-flood-the-crypto-market-heres-how-theyre-affecting-nfts\">Meme Coins Flood The Crypto Market \u2013 Here\u2019s How They\u2019re Affecting NFTs<\/a><\/li>\n<li><a href=\"https:\/\/insidebitcoins.com\/news\/pudgy-penguins-launches-nft-inspired-toys-the-new-toys-raise-500k-in-48-hrs\">Pudgy Penguins Launches NFT-Inspired Toys \u2013 The New Toys Raise $500K In 48 Hrs<\/a><\/li>\n<\/ul>\n\n            \n","protected":false},"excerpt":{"rendered":"<div class=\"fin-excerpt\">Ben.eth, a non-fungible token collector and influencer who recently turned crypto millionaire after running a controversial presale, has received a massive backlash after failing to <a class=\"read-more-link\" href=\"https:\/\/insidebitcoins.com\/news\/nft-influencer-ben-eth-accused-of-rug-pull-after-delaying-to-launch-his-pysop-token\" title=\"NFT Influencer Ben.Eth Accused of Rug Pull After Delaying Launch of His $PSYOP Token\">[&#8230;]<\/a><\/div>","protected":false},"author":1882,"featured_media":395621,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[7596],"tags":[],"class_list":["post-395616","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.8 (Yoast SEO v23.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>NFT 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