Barstool Sports founder promotes 'JAILSTOOL' Token in response to criticism over Meme coin trading

2025-02-08 22:35:36

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Golden Finance reported that Dave Portnoy, the founder of Barstool Sports, was accused of ‘dumping’ Memecoin trades to his 3.5 million followers on X platform. Some traders claimed that the ‘Montoya por favor’ and ‘Josh Allen MVP’ tokens, in which he had previously invested, experienced a brief big pump followed by a rapid collapse, sparking controversy. In response to the criticism, Portnoy announced the purchase of 50 million ‘JAILSTOOL’ tokens and defended himself on X platform. Portnoy had previously promoted Safemoon, whose coin founder was later sued by the SEC for fraud.

MEME0.27%

X0.24%

POR-0.25%

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