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HomeCrypto NewsMarketDogecoin Founder Call People Insane Who Think He With Elon Musk Will Launch Scam Cat Crypto

Dogecoin Founder Call People Insane Who Think He With Elon Musk Will Launch Scam Cat Crypto

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Dogecoin Founder Denies Partnering With Elon Musk to Launch a Scam Cat Cryptocurrency on Ethereum.



Dogecoin’s pseudonymous founder, Shibetoshi Nakamoto, has dismissed allegations that he recently collaborated with Elon Musk to create a scam Cat token on Ethereum. 

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The issue started following a chat Nakamoto had with Canadian-American actor Tommy Chong on Twitter, when the latter inquired whether he was involved in an illicit crypto project that was recently launched on Ethereum.  

Chong’s inquiry came after Nakamoto disclosed that he has always loved cats. However, he does not seem to be a fan of cat coin and other cryptocurrencies launched on the Binance Smart Chain (BSC). 

Nakamoto kicked against BSC tokens because, in recent times, scammers have been taking advantage of less expensive fees to launch several illicit projects on the blockchain, which has resulted in many investors getting scammed. 

However, he noted that Ethereum-based tokens are better as crypto projects are required to pay a heavy fee before launching on the network. 

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Moments later, Chong made the inquiry:  

“Somebody made a catcoin on Ethereum (ETH) yesterday. [I] thought it was you and Elon,” Chong said in his message to the Dogecoin founder. 

Although Nakamoto’s response to Chong’s inquiry was not included in the chat that is circulating on social media platforms, several Telegram users claimed that the Dogecoin founder confirmed the allegation. 

“Cats on ETH is theirs [Nakamoto and Musk] he sent Tommy a message confirming this in another way,” a Telegram user referred to as The Super Connector said. 

Not happy with the fact that Chong had to publish their private conversation, the Dogecoin founder took to his Twitter page to deny the allegation saying

“I have nothing to do with this stupid ass token […] Now if people are so fuc…g stupid they think Elon and I worked together to make a stupid fuc…g cat token. They are hopeless humans. Fu.k Telegram and all the scammy morons on it.” 

 

Dogecoin founder and Elon Musk have had a good relationship over the years as the latter has continuously promoted the dog-themed cryptocurrency in a bid to prompt its widespread adoption. 

Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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Mark Brennan
Mark Brennanhttps://thecryptobasic.com/
Mark Brennan has been active in the cryptocurrency sector since 2014. His love and passion for the nascent industry drove him to develop interest in writing about important developments and updates about cryptocurrencies and blockchain. Brennan, who holds a Masters degree in Business Administration, learned about the potential of blockchain technology. Aside from crypto journalism, Brennan runs an education center, where he educates people about the asset class.

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