Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious OutperformanceFind Stocks Now

Matt Wallace Rug Pulls, Dogecoin Creator Billy Markus Reacts

Published 03/30/2022, 06:11 AM
Updated 03/30/2022, 06:31 AM
Matt Wallace Rug Pulls, Dogecoin Creator Billy Markus Reacts

  • Matt Wallace releases a new coin, while the coin ends up being a scam.
  • A Telegram call that was supposed to explain what happened ends up becoming “pure chaos”.
  • Dogecoin creator Billy Markus reacts to the rug pull.

Not many hours ago, a massive attack was launched by Billy Markus, the creator of Dogecoin, on DogeTuber Matt Wallace, accusing him of a rug pull and calling him out for it. The attack was most obvious in two tweets on Markus’ official Twitter (NYSE:TWTR) account.

In the first tweet, Markus shared a tweet that was posted by an account under the name “Coffeezilla”. The original tweet has a video of a Telegram call with Wallace and many others, while Wallace was struggling to explain what happened.

Coffeezilla captioned the tweet by saying, “”DogeTuber” Matt Wallace launches another shitcoin and it instantly rugs, lmao. Their telegram is pure chaos,” while Markus shared the tweet and expressed his anger.

Less than two hours after the first tweet was published, Markus published another tweet attacking Wallace:

protip: if you don’t want people to constantly attack you forever for losing them money, don’t make a shit token in 2022. if you don’t wanna get rug pulled, don’t buy shit tokens in 2022. I have no more remorse about this. shit tokens are 100% cancer, from scams to spam stop.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

As for the Telegram call, the anger was very obvious since investors had just lost their money and were asking for it back, yet Matt Wallace and his team didn’t seem to have answers. Wallace kept on repeating that he was not aware of what happened.

Yet, Wallace still tweeted on his official page saying “The goal of getting companies to accept Dogecoin will continue on no matter what!”. In other words, he seems to be going forward with his Doge youtube channel.

Continue reading on CoinQuora

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.