Every time the market gains a little credibility, something like this happens. A meme coin pumped by a celebrity, people piling in with no understanding, and then—boom—someone gets left holding the bag. How many times does this have to happen before people learn? This isn’t investing. It’s gambling with terrible odds, and the worst part is, it preys on regular people who just want a shot at making money. The SEC cracks down on everything else—where the hell are they when it actually matters?
How many people got hurt on Portnoy’s meme coin?
We need more regulation in the crypto space.
This stuff has to stop. First Hawk 💦 now this.
It hurts the credibility of the industry.
Where are the cops? pic.twitter.com/rkM4SqyZat
— QE Infinity (@StealthQE4) February 11, 2025
Dave Portnoy has now moved onto a new pump and dump after the other coin collapsed, we are reaching a new low for celebrities stealing money from gullible gamblers
— Don Johnson (@DonMiami3) February 10, 2025