MrBeast Catches Heat For Promoting Alleged Refinable Pump and Dump Scam

HeadlinesNewsMrBeast Catches Heat For Promoting Alleged Refinable Pump and Dump Scam

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MrBeast Catches Heat For Promoting Alleged Refinable Pump and Dump Scam

NewsBTC2 weeks ago
Published on April 30, 2021 12:00 GMT+0edited on April 30, 2021 12:02 GMT+0

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American YouTuber Jimmy Donaldson, better known as MrBeast, is embroiled in accusations that he tricked his followers into buying a pump and dump token. Refinable’s Initial DEX Offering (IDO) took place on Tuesday and was Polkastarter’s biggest launch to date, selling out in less than five minutes.

But some investors claim they were unable to sell their FINE tokens as the price started tanking. Others say they were unaware of buying at the peak price. Celebrity crypto endorsements have come increasingly under the spotlight in recent times. This latest incident with MrBeast has done little to help the issue.

MrBeast in Hot Water

Refinable is Binance Smart Chain’s (BSC) first major NFT marketplace. According to a Binance blog post, the platform empowers creators “to …