Although a popular YouTuber recently recommended SafeMoon to his followers, he started selling it with the rise in the altcoin project. The situation was understood when the crypto wallet movements of the YouTuber, who deceived many people, appeared.
Altcoin fraudulent YouTuber, another YouTuber disclosed
A new one has been added to the crypto fraud events that we have previously reported as Cryptokoin.com. It turned out that British YouTuber Ben Phillips, who has 4.6 million followers on Youtube, made millions of dollars by selling his tokens after he recommended the popular altcoin SafeMoon to his followers. After the advertising deal he made with the SafeMoon team, the fraud of Phillips, which sold with the increase in the price of the altcoin, emerged at the end of a year. Stephen Findeisen, a very popular YouTuber, revealed that the famous YouTuber defrauded his followers.
Stephan Phillips’ fraud with SafeMoon was reported to Findeisen by some of his followers. Findeisen, who is followed by 1 million people and known under the pseudonym CoffeeZilla, started to investigate the complaints. According to Findeisen, who studies CoffeeZilla’s wallet movements, in April in particular, Phillips had sales exceeding $1 million despite saying “I don’t sell my Safemoons.” YouTuber, who sold trillions of SafeMoon from the altcoin team and suggested to his followers to keep their tokens, started to share his luxury spending on social media as he earned more.
It turned out to be the whale that Phillips complained about
The YouTuber, who “pumped and dumped” the tokens given to him by the SafeMoon team, later caused the price of the token to drop a little more. After the $1 million sale he made in July, he tweeted that someone else was responsible for the drop in altcoin price. The content of Phillips’ tweets is as follows:
Irresponsible crypto whale… I hope you get hit by a bus while you’re walking down the street.
According to CoffeeZilla, known for exposing crypto scams, Phillips made a profit of approximately $12 million while selling SafeMoon for a total of $16 million. On the other hand, the SafeMoon team has advertising deals with many famous names besides Phillips. The Altcoin team also made commercial deals with people like famous rapper Soulja Boy, Youtuber Jake Paul, and David Portnoy.
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