- Andrew Tate’s recent post suggested a reverse stance on crypto.
- The social media personality shared a big announcement before deleting it.
- The announcement drew criticism from keen observers.
Flamboyant entrepreneur and social media personality Andrew Tate stirred heated discussions online on Friday after revealing plans to launch his flagship cryptocurrency and back it with millions of dollars.
In a now-deleted post shared on February 2, the self-proclaimed “most famous man alive” told his 8.7 million followers to give him 50K retweets and “it’s a done deal” to launch the cryptocurrency.
Per the deleted post, the cryptocurrency would be backed by $100 million of Tate’s “own money,” which he promised never to divest.
While Tate’s followers might have welcomed the news, as the influencer promised them an “early discount” on top of making them rich by promoting the coin “everywhere,” notable crypto personalities quickly bashed the idea.
Andrew Tate’s Reverse Stance on Crypto Draws Criticism
Despite deleting the post, Tate’s original announcement didn’t fly under the radar of keen observers, including Stephen Findeisen, a.k.a. Coffeezilla, a popular YouTuber who investigates online scams.
Taking to X, Coffeezilla referred to Andrew Tate’s possible cryptocurrency as a “crypto scamcoin,” noting that the social media personality had backtracked on his earlier sentiments and skepticism about crypto projects.
Coffeezilla was referring to a last year X post of Tate telling his followers that “he did not have anything to do with crypto” projects or their endorsement. Tate reiterated that he was not a “scammer like every other influencer,” noting that he didn’t need to “rob” his fans.
The social media influencer had not shared any other update on the crypto project at press time.
Read about crypto influencer Ben Armstrong quitting his show:
Ben ‘Bitboy’ Armstrong Quits Daily Crypto Livestream Shows
Stay updated on Bitboy’s recent charity plea:
‘BitBoy’ Charity Plea Met with Skepticism and Mockery