The CTO of Ripple calls BEN Coin a “rug pull.”
In the past 24 hours, BEN has seen a drop of 34.65%.
David Schwartz, the CTO of Ripple, has commented on the dispute related to Ben “BitBoy” Armstrong’s decision to join the BEN coin team. David Schwartz, took to Twi
tter to express his complete agreement. That the BEN meme coin project is a rug pull, particularly in light of Armstrong’s decision to join the team.
When it comes to cryptocurrencies and decentralized finance (DeFi), a rug pull is a fraudulent activity in which the project creators pull out all the liquidity from a project and flee with the funds contributed by investors.
BEN Price Plummets by 34%
As per reports, Armstrong’s vision for the BEN project is to shift its focus from being a meme coin to an attention economy coin. That can foster the widespread adoption and usage of cryptocurrencies. Reportedly, Bitboy stated on Twitter that he is prepared to wager 5 Bitcoin (BTC). And that BEN’s market capitalizat
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