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Popular crypto influencer Jaypeg accused of promotional scam

In an attempt to apologize publicly, the crypto influencer purportedly donated $2,000 to The Turtle Foundation — a conservation charity.

The team behind the "Uptober" memecoin accused popular crypto influencer Jaypeg of perpetrating a promotional scam after allegedly receiving tokens to promote the project, selling the tokens, and subsequently denying the funds were received.

Members of the Uptober team and Telegram group claimed they reached an agreement with Jaypeg to promote the memecoin in return for 2% of Uptober's supply, valued at approximately $2,200.

The influencer accepted the deal in a Telegram thread and received the funds but immediately deleted the receiving addresses posted to the group — claiming that the address was random and did not belong to him.

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