The YouTuber Paul Denino, known as Ice Poseidon, has played it well to his followers. Denino created a cryptodivisa called CXCOIN to cheat from obtaining $ 500,000, which he has used to buy a Tesla.
YouTuber, who had already been sanctioned a time ago on twitch after making a pump threat joke on a plane on his channel, used the 'Pump and Dump' strategy, by means of inflating the price of an asset or cryptomoned so that the other traders invest.
Taking advantage of its influence, YouTuber made a campaign by selling this coin, created for the scam, in all his social networks so that his price was increasingly climbing (Pump) for later, once the price went up and the cryptomones stored by YouTuber maintained a high value, sold them, causing the coins of the followers to descend from value (Dump).
According to the YouTuber who denounced Denino, called Coffeezilla, Ice Poseidon 500,000 dollars were pocged. 200,000 of them went to developers and computer developers and the rest used them to buy a Tesla.
However, once it was discovered, YouTuber did not show a minimum of critic, but quite the opposite. He charged the followers for having fallen into the trap: part of the responsibility is one of the fans themselves too, for putting too much emotion in it (...) Yes, I could return the money, it is within my possibilities, but I'm going to look for myself and I will not do it "Date Of Update: 05 February 2022, 09:38