Caitlyn Jenner’s latest social post announcing the launch of her cryptocurrency $JENNER has ignited a firestorm! There is speculation that Jenner’s social media handle was hacked and the alleged attacker has posted a deep fake video of the celebrity. Despite the chaos, the newly launched token skyrocketed to a whopping $113.5 million volume in just over four hours. As Twitterati reacted to the news, the post claiming to be Caitlyn Jenner insisted there were no deep fakes.
Still, the crypto community is skeptical. Adam Cochran of Cinneamhain Ventures commented,
So what’s weird is all the random celeb pump coins have had the same address. So either it’s AI scam, or just like when Moonpay was getting people to shill apes, someone is managing this for them and using the same address, and it all just happens to happen on the same day GCR got hacked via an insider at Twitter? Sketch either way.
Additionally, the address under Jenner’s post revealed a pump.fun address, a Solana-based gambling platform recently in the spotlight. Just a month after its launch, it suffered an exploit of $2 million perpetrated by a disgruntled ex-employee. Following the hack, the platform was accused of being a pump-and-dump scheme. Many even questioned the credibility of such platforms that allow so-called developers to launch tokens without seed liquidity.
Notorious Rugger Behind Caitlyn Jenner’s $JENNER
The plot thickens when it’s revealed that Caitlyn Jenner’s manager Sophia Hutchins is the one who controls the X account and confirmed on live X spaces that Sahil, a notorious AVAX rugger, is behind $Jenner token. During the heated discussions, a new twist emerges. The manager admitted Jenner wasn’t the one who launched the token, pointing fingers at Pump.fun. However, Pump.fun denied any involvement, leaving everyone baffled.
The confusion didn’t end there. When asked about the number of tokens Jenner held, the manager first claimed it was 33,000. Moments later, she corrected herself, stating Jenner had 33 million $Jenner tokens. Adding to the chaos, the manager confessed that Jenner doesn’t even have the keys to her wallet—the tokens are controlled by an unknown third party.
Despite the bedlam, the degens remained unfazed. “It doesn’t matter, everything is a scam anyway. Pump the token. Watching this circus unfold, I turned to my dog and said, “We are so back.”