Soulja Boy says sorry for promoting over 80 crypto scams
Rapper Soulja Boy has apologized for promoting dozens of crypto and non-fungible token projects flagged as scams by blockchain investigator ZachXBT in 2023.
The “Crank It” artist’s social media activity between 2021 and 2023 has several posts promoting crypto tokens and NFT collections to his millions of followers. ZachXBT alleges that many of those promotions involved projects that either collapsed within days of his messages, were abandoned, or were outright fraudulent.
Soulja Boy, whose real name is DeAndre Cortez Way, addressed the allegations in a statement posted on X early Monday morning. He said he was unaware of the fraudulent nature of the projects at the time and admitted there were failures in his past judgment.
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