Controversy Revolves Around SafeMoon: Former Promoter Accused of Fraud Worth $12M

CoffeeZilla has taken a dig at the former promoter for the crypto project SafeMoon exposing all that he found is suspicious.

He disclosed the alleged suspicious dealing of the influencer Ben Phillips regarding pumping and dumping SafeMoon.

The Youtuber and his team found out that Phillips had sold around $16.3 million of tokens across a duration of eight-month to December last year.

Findeisen claims a UK-based influencer Ben Phillips to be earlier involved with the project in a marketing capacity.

The popular crypto asset SafeMoon further witnesses dark clouds as the Youtuber Stephen Findeisen, popularly known as CoffeeZilla makes pump and dump allegations against its former chief marketing officer.

Findeisen recovered deleted tweets

The Youtuber has specifically been involved with exposing fraudsters and troublemakers for quite some time now. A lot of his latest investigations have revolved around frauds related to the crypto space, and his latest upload focuses on Phillips.

Phillips is a Welsh YouTuber who attracts his audience by creating prank content. Earlier this prankster had worked with the crypto project to market SafeMoon.

Lately, the collaboration and partnerships with influencers for marketing have become a common strategy that varied industries have been utilizing, and the crypto sector is one of them.

And larger influencer names like that if Phillips can earn massive amounts for this. And apparently, he charged an amount of 5.257 trillion SafeMoon for the promotion work of this project.

Findeisen further claims that the promoter was involved in pumping and dumping SafeMoon. He highlighted that one of the promoters was dumping while citing he’s holding onto the moon guys. And that while he was Tweeting, those things were unloading millions of dollars.

Findeisen managed to recover deleted tweets and cross-reference them to address activity via an archive site. He noticed a pattern of optimistic tweets along with simultaneous high sales on PancakeSwap.

He highlighted why anyone would sell half a million right after signifying that he is holding. And that the reason is obvious, he wanted the price to be high while he sold.

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Overall, the suspicious Youtuber and his team found out that Phillips had sold around $16.3 million of tokens across a duration of eight-month to December last year.

It is to look forward to what the project further witnesses or if it will have a say regarding the matter.