Crypto sleuth calls out Floyd Mayweather over another token scam

ZachXBT,
a
popular
blockchain
investigator,
accused
Floyd
Mayweather
of
being
connected
to
several
token
scams.

Mayweather
has
a
history
of
involvement
in
token
scams,
from
lawsuits
to
court
settlements.
Zackxbt

called
out
the
former
boxing
world
champion
on
X
for
his
involvement
in
a
new
fraudulent
token
activity. 

“Some
things
never
change
with
scamming
your
fans,”
Zackxbt
said.

Mayweather
introduced
a
new
token
called
FLOYD
and
initially
promoted
it
on
his
social
media
platforms.
However,
he
later
removed
his
promotional
tweet
after
several
people
had
already
purchased
it.
This
sudden
deletion
of
content
sparked
worries
that
he
was
up
to
dubious
activity
again.

Zackxbt
stressed
that

Mayweather
had
previously
made
“tens
of
millions”
in
various
cryptocurrency
ventures,
including
Mayweverse,
Ethereum
Max,
Bored
Bunny,
Real
Floyd
NFT
and
Moonshot.

In
2022,
the

SEC
charged
Mayweather
with
failing
to
disclose
payments
for
promoting
three
ICOs,
including
a
$100,000
payment
from
Centra
Tech.
They
alleged
that
he
used
his
Twitter
platform
to
encourage
his
followers
to
participate
in
Centra’s
ICO,
stating
that
it
was
starting
soon
and
that
they
should
buy
tokens
before
they
sold
out.

In
2018,
Mayweather
had
to

pay
fines
of
over
$600,000
for
unlawfully
touting
coin
offerings.

Mayweather
scams
in
the
past

Investors
have
suffered
significant
financial
losses
due
to
Mayweather’s
promotion
of
fraudulent
projects.
These
projects,
including
Centra
Tech
ICO,
EthereumMax
(EMAX)
coin,
Bored
Bunny
NFTs,
Floyd’s
World
and
FLOYD
token,
were
all
identified
as
rug
pulls. 

When
creators
of
these
coins
suddenly
withdrew
liquidity
and
disappeared,
investors
were
left
with
worthless
tokens.
Mayweather’s
involvement
with
these
projects
has
had
detrimental
consequences
for
numerous
individuals.