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 easily and affordably create, discover, trade, and leverage NFTs.”
Currently, there are three main NFT marketplaces. Opensea, Rarible, and SuperRare, which mostly use the Ethereum blockchain and are subject to high gas fees. With Refinable