An important “warning” for cryptocurrency investors: this could be a “scam coin”

Caitlyn Jenner, a well-known media personality, may have been duped into promoting a cryptocurrency called JENNER. The coin’s value plummeted rapidly after launch, sparking suspicions.
Many crypto enthusiasts initially thought Jenner’s account had been hacked. However, a cryptocurrency insider named Roxo claims that a middleman named Sahil manipulated Jenner, not a hacker.
The promotion kicked off with a post on X (formerly Twitter) from Jenner’s account, featuring a photo with Donald Trump and a message encouraging people to share their favorite memecoins.

After the launch, the developer sold all of its holdings, causing investor alarm. User
However, concerns remained. The linked wallet had previously been involved in a similar incident with adult film star Kazumi promoting a different token (ZUMI) before their account was compromised.
Despite this, Jenner’s account continues to promote JENNER. The developer behind the social engineering is suspected of orchestrating multiple “rug pulls” (abandoning projects after raising money).
Despite the warning bells, the token’s price skyrocketed 28,000% in one day, reaching a market capitalization of $18 million.
This incident echoes a recent case with the URF meme coin, where developers disappeared with investor funds after a pre-sale.


Fuente