CCT - Crypto Currency Tracker logo CCT - Crypto Currency Tracker logo
cryptonews 2025-12-15 16:07:04

Base Co-Founder Draws Fire After Backing Soulja Boy’s Token Despite Repeated Scam Claims

Base co-founder Jesse Pollak is facing mounting criticism after publicly engaging with and backing activity linked to a meme token associated with rapper Soulja Boy. The case revives long-running concerns about celebrity-driven crypto promotions and the responsibility of senior ecosystem figures. The controversy unfolded over a sequence of posts on X in mid-December. On December 13, Soulja Boy shared a comparison of creator payout schedules across major platforms, arguing that newer applications offered faster access to earnings than traditional social networks. Twitch pays you once a month. TikTok pays you once a week. Favorited pays you once a day. Choose your poison wisely. — Soulja Boy (Draco) (@souljaboy) December 13, 2025 On-Chain Research Rekindles Concerns Over Celebrity Crypto Promotions Pollak amplified the discussion while framing Base, Coinbase’s Ethereum Layer-2 network, as an alternative monetization layer for creators. In a direct reply to Soulja Boy, Pollak said he had just backed the rapper on Base and had “instantly earned,” describing the interaction as an example of “new internet” behavior enabled by on-chain tools. . @baseapp pays you instantly https://t.co/0XurhOsj1H — jesse.base.eth (@jessepollak) December 13, 2025 Although Pollak did not name or explicitly promote a specific token, many users interpreted the exchange as an endorsement of a Soulja Boy-linked meme token that had just launched on Base. @souljaboy just backed you on @base and you instantly earned. new internet shit https://t.co/CQ5NCvBwXj pic.twitter.com/fmdkt8UsZy — jesse.base.eth (@jessepollak) December 13, 2025 Developers, traders, and researchers questioned why a senior figure at a Coinbase-backed network would publicly engage with a celebrity whose crypto history has drawn repeated scrutiny. The criticism quickly shifted from the token itself to broader concerns about trust, reputation, and showing within the Base ecosystem, which has positioned itself as a compliant, mainstream-friendly Layer-2 network. The debate intensified after on-chain investigator ZachXBT publicly challenged Pollak’s decision to interact with Soulja Boy. Why give SouljaBoy the platform to scam new people? https://t.co/PDxnk0Z0Za — ZachXBT (@zachxbt) December 14, 2025 He pointed to research he published in April 2023 documenting what he described as a long pattern of exploitative crypto promotions tied to the rapper. ZachXBT Details Pattern of Abandoned Crypto Projects Linked to Soulja Boy According to that research, Soulja Boy was involved in at least 73 token promotions and 16 NFT launches, many of which later collapsed or were abandoned. Why give SouljaBoy the platform to scam new people? https://t.co/PDxnk0Z0Za — ZachXBT (@zachxbt) December 14, 2025 ZachXBT outlined several examples from past market cycles, including meme tokens such as RapDoge, which was promoted in July 2021 before quickly rug-pulling, and projects like Orion and The Life Token, which used charitable narratives before collapsing. Beyond tokens, the investigator said Soulja Boy launched multiple NFT collections, some of which advertised future utility that never materialized. He also referenced prior regulatory and legal issues, including SEC charges related to Tron promotions and a lawsuit connected to SafeMoon. Growing Scrutiny Follows Base’s Rapid Rise in the Layer-2 Market Against that backdrop, critics argued that visibility from prominent builders functions as implicit validation, particularly for new users who may not be familiar with a promoter’s history. Supporters of open, permissionless networks countered that public blockchains do not restrict who can deploy tokens or participate, and that engagement does not necessarily equate to endorsement. The episode arrives at a sensitive moment for Base. According to L2beat data, Base is currently the second-largest Layer-2 network by total value locked, with approximately $12.66 billion, trailing only Arbitrum. Source: L2Beat Its rapid growth has positioned it as one of the most visible scaling layers in the Ethereum ecosystem, increasing scrutiny around how senior figures communicate publicly. The backlash also reflects a broader pattern in crypto discourse. In recent months, ZachXBT has repeatedly surfaced in high-profile cases involving alleged misconduct, including claims tied to celebrity NFT launches, suspected large-scale hacks, and the exposure of organized fraud networks. These episodes have fueled recurring debates about due diligence, accountability, and the role of influence in shaping on-chain behavior. The post Base Co-Founder Draws Fire After Backing Soulja Boy’s Token Despite Repeated Scam Claims appeared first on Cryptonews .

면책 조항 읽기 : 본 웹 사이트, 하이퍼 링크 사이트, 관련 응용 프로그램, 포럼, 블로그, 소셜 미디어 계정 및 기타 플랫폼 (이하 "사이트")에 제공된 모든 콘텐츠는 제 3 자 출처에서 구입 한 일반적인 정보 용입니다. 우리는 정확성과 업데이트 성을 포함하여 우리의 콘텐츠와 관련하여 어떠한 종류의 보증도하지 않습니다. 우리가 제공하는 컨텐츠의 어떤 부분도 금융 조언, 법률 자문 또는 기타 용도에 대한 귀하의 특정 신뢰를위한 다른 형태의 조언을 구성하지 않습니다. 당사 콘텐츠의 사용 또는 의존은 전적으로 귀하의 책임과 재량에 달려 있습니다. 당신은 그들에게 의존하기 전에 우리 자신의 연구를 수행하고, 검토하고, 분석하고, 검증해야합니다. 거래는 큰 손실로 이어질 수있는 매우 위험한 활동이므로 결정을 내리기 전에 재무 고문에게 문의하십시오. 본 사이트의 어떠한 콘텐츠도 모집 또는 제공을 목적으로하지 않습니다.