BTCC
/
BTCC Square
/
Global Cryptocurrency
/
Hasbulla’s BULLA Token Presale Raises $20M Amid Scam Allegations
Hasbulla’s BULLA Token Presale Raises $20M Amid Scam Allegations
5
3
Russian influencer Hasbulla has launched another meme coin, BULLA, on the BNB chain, raising $20 million in presale within 24 hours. The token’s success comes despite warnings from prominent crypto figures labeling it a potential scam. One-fifth of the purchases were made using the USD1 stablecoin, making Hasbulla the ninth-largest holder of USD1 globally.
Arkham Intelligence reported the presale details, which Hasbulla acknowledged, urging his followers to support the platform. Token distribution has yet to occur, and scammers are already exploiting the delay with fake BULLA tokens. The crypto community remains divided, with some sounding alarms while others shrug off the controversy.
By:
Previous
JuCoin Launches CeDeFi Platform to Bridge Traditional and Decentralized Finance
Next
Dell Technologies and NVIDIA Collaborate to Propel AI Factories with Blackwell
