Khamzat Chimaev’s supervisor is talking out in regards to the current crypto controversy surrounding his fighter.
Final week, Chimaev went on social media to advertise SMASH, a Solana-based memecoin launched with the assistance of the undefeated combined martial artist. In response to a report from onchain investigator ZachXBT, as much as 78% of the SMASH token provide was purchased by insiders and developer-related wallets, resulting in accusations that the Chechen celebrity was pulling the ol’ crypto pump-and-dump on his supporters.
“Khamzat your crew is incompetent as you immediately linked the crew wallets with the insider wallets shopping for up 78%+ of the provision,” ZachXBT revealed. “Why do all of you immediately nuke your fame with meme coin scams?” (h/t Coin Telegraph).
Providing some perception into the scenario, Chimaev’s supervisor, Majdi Shammas, claims that ‘Borz’ was circuitously concerned within the crypto scheme.
“I need to remark the current reviews on the SMASH meme coin,” Shammas wrote on X. I used to be approached by a gaggle claiming to be followers of my consumer Khamzat Chimaev. They wished to report a brief video selling their launch. So I agreed to that, nothing extra nothing much less. Possibly I used to be mislead. Khamzat wasn’t concerned and know simply as little as you do. So the information is basically disagreeable and I’m in search of a proof from these accountable.
“My apologies to Khamzat and all others of you impacted by this, if I might have executed something in another way. Thanks in your understanding, I’ll maintain you up to date.”
Khamzat Chimaev’s Supervisor Taking Accountability for Ongoing SMASH saga
Talking with Frontkick On-line, Shammas positioned a few of the blame on himself and as soon as once more reiterated that Chimaev was under no circumstances concerned within the swindle which reportedly scammed early adopters out of over one million {dollars}.
“They only wished Khamzat to do a fast promotional video, which I agreed to on his behalf. If it seems that that was a mistake, I actually apologize,” Shammas stated. “I’m nonetheless making an attempt to collect extra info and wrap my head round this mess.”
Khamzat Chimaev has not but commented on the scenario, however all promotional materials associated to SMASH has been scrubbed from his social media accounts.