
{"id":12975,"date":"2021-05-24T20:09:17","date_gmt":"2021-05-25T00:09:17","guid":{"rendered":"https:\/\/dviouscontent.com\/index.php\/2021\/05\/24\/cody-ko-shames-influencers-for-scamming-followers-into-cryptocurrencies\/"},"modified":"2021-05-24T20:19:00","modified_gmt":"2021-05-25T00:19:00","slug":"cody-ko-shames-influencers-for-scamming-followers-into-cryptocurrencies","status":"publish","type":"post","link":"https:\/\/dviouscontent.com\/index.php\/2021\/05\/24\/cody-ko-shames-influencers-for-scamming-followers-into-cryptocurrencies\/","title":{"rendered":"Cody Ko shames influencers for &#8220;scamming&#8221; followers into cryptocurrencies"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div id=\"\">\n<p><b>Within the wake of relentless drama and intrigue surrounding crypto, influencer Cody Ko has known as out fellow celebrities for exploiting their followers to safe straightforward money in \u2018pump-and-dump\u2019 schemes.<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Dubbing it \u201cthe brand new influencer rip-off\u201d and likening it to the rise (and fall) of NFTs, Cody Ko thinks celebrities are abusing their fame to make fast bucks off of crypto-hungry followers. Nobody needs to overlook out on the subsequent Bitcoin or Dogecoin, and that\u2019s precisely what Ko believes influencers are preying on.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Previous Elon Musk, whose prominence has shifted the tides of cryptocurrencies \u2014 particularly Dogecoin \u2014 on quite a few events, Ko believes others are \u201cscamming\u201d their audiences.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In an in depth YouTube video, the previous Vine star, present YouTuber and all-around web character determined to lambast all social media figures engaged in suspicious crypto monetary recommendation. And, above all else, he\u2019s most involved about these prefacing their suggestions with \u201cnot monetary recommendation\u201d disclaimers.<\/span><\/p>\n<p><noscript><\/p>\n<div class=\"jeg_video_container jeg_video_content\"><iframe loading=\"lazy\" title=\"The new influencer scam\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/OtrA6JHMjN8?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/div>\n<p><\/noscript><\/p>\n<p><span style=\"font-weight: 400;\">Whereas Ko acknowledges the deserves of crypto and has no qualms with Bitcoin and even the \u2018anti-crypto,\u2019 newly legitimized Dogecoin, he does have reservations.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">To summarize his issues, the YouTuber thinks that different influencers are selling riskier currencies, figuring out full properly that they&#8217;ll afford the dangers and make a fast buck within the course of. That is \u201cshady\u201d habits that he believes is \u2018ripping off\u2019 and \u201cscamming\u201d vulnerable followers \u2014 who seemingly don\u2019t have the identical monetary security nets.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">One instance Ko makes use of is Barstool\u2019s Dave Portnoy, who inspired folks to purchase Safemoon whereas cautioning that he wasn\u2019t technically giving monetary recommendation. Ko doesn\u2019t consider the \u201cnot monetary recommendation\u201d argument gained\u2019t rise up in court docket ought to the SEC (in his eyes, rightly) intervene.<\/span><\/p>\n<div class=\"caption\">\n<figure><picture class=\"size-full wp-image-1581260\"><source type=\"image\/webp\" data-lazy-srcset=\"https:\/\/www.dexerto.com\/wp-content\/uploads\/2021\/05\/25\/dave-portnoy-safemoon-cody-ko-crypto-scam-scaled.jpg.webp 2048w, https:\/\/www.dexerto.com\/wp-content\/uploads\/2021\/05\/25\/dave-portnoy-safemoon-cody-ko-crypto-scam-300x160.jpg.webp 300w, https:\/\/www.dexerto.com\/wp-content\/uploads\/2021\/05\/25\/dave-portnoy-safemoon-cody-ko-crypto-scam-1024x547.jpg.webp 1024w, https:\/\/www.dexerto.com\/wp-content\/uploads\/2021\/05\/25\/dave-portnoy-safemoon-cody-ko-crypto-scam-768x410.jpg.webp 768w, https:\/\/www.dexerto.com\/wp-content\/uploads\/2021\/05\/25\/dave-portnoy-safemoon-cody-ko-crypto-scam-1536x821.jpg.webp 1536w, https:\/\/www.dexerto.com\/wp-content\/uploads\/2021\/05\/25\/dave-portnoy-safemoon-cody-ko-crypto-scam-175x94.jpg.webp 175w, https:\/\/www.dexerto.com\/wp-content\/uploads\/2021\/05\/25\/dave-portnoy-safemoon-cody-ko-crypto-scam-1248x667.jpg.webp 1248w, https:\/\/www.dexerto.com\/wp-content\/uploads\/2021\/05\/25\/dave-portnoy-safemoon-cody-ko-crypto-scam-630x337.jpg.webp 630w, https:\/\/www.dexerto.com\/wp-content\/uploads\/2021\/05\/25\/dave-portnoy-safemoon-cody-ko-crypto-scam-479x256.jpg.webp 479w, https:\/\/www.dexerto.com\/wp-content\/uploads\/2021\/05\/25\/dave-portnoy-safemoon-cody-ko-crypto-scam-150x80.jpg.webp 150w\" srcset=\"data:image\/svg+xml,%3Csvg%20xmlns='http:\/\/www.w3.org\/2000\/svg'%20viewBox='0%200%202048%201095'%3E%3C\/svg%3E\" data-lazy-sizes=\"(max-width: 2048px) 100vw, 2048px\"\/><img loading=\"lazy\" decoding=\"async\" src=\"data:image\/svg+xml,%3Csvg%20xmlns='http:\/\/www.w3.org\/2000\/svg'%20viewBox='0%200%202048%201095'%3E%3C\/svg%3E\" alt=\"dave portnoy safemoon cody ko crypto scam\" width=\"2048\" height=\"1095\" data-lazy-srcset=\"https:\/\/www.dexerto.com\/wp-content\/uploads\/2021\/05\/25\/dave-portnoy-safemoon-cody-ko-crypto-scam-scaled.jpg 2048w, https:\/\/www.dexerto.com\/wp-content\/uploads\/2021\/05\/25\/dave-portnoy-safemoon-cody-ko-crypto-scam-300x160.jpg 300w, https:\/\/www.dexerto.com\/wp-content\/uploads\/2021\/05\/25\/dave-portnoy-safemoon-cody-ko-crypto-scam-1024x547.jpg 1024w, https:\/\/www.dexerto.com\/wp-content\/uploads\/2021\/05\/25\/dave-portnoy-safemoon-cody-ko-crypto-scam-768x410.jpg 768w, https:\/\/www.dexerto.com\/wp-content\/uploads\/2021\/05\/25\/dave-portnoy-safemoon-cody-ko-crypto-scam-1536x821.jpg 1536w, https:\/\/www.dexerto.com\/wp-content\/uploads\/2021\/05\/25\/dave-portnoy-safemoon-cody-ko-crypto-scam-175x94.jpg 175w, https:\/\/www.dexerto.com\/wp-content\/uploads\/2021\/05\/25\/dave-portnoy-safemoon-cody-ko-crypto-scam-1248x667.jpg 1248w, https:\/\/www.dexerto.com\/wp-content\/uploads\/2021\/05\/25\/dave-portnoy-safemoon-cody-ko-crypto-scam-630x337.jpg 630w, https:\/\/www.dexerto.com\/wp-content\/uploads\/2021\/05\/25\/dave-portnoy-safemoon-cody-ko-crypto-scam-479x256.jpg 479w, https:\/\/www.dexerto.com\/wp-content\/uploads\/2021\/05\/25\/dave-portnoy-safemoon-cody-ko-crypto-scam-150x80.jpg 150w\" data-lazy-sizes=\"(max-width: 2048px) 100vw, 2048px\" data-lazy-src=\"https:\/\/www.dexerto.com\/wp-content\/uploads\/2021\/05\/25\/dave-portnoy-safemoon-cody-ko-crypto-scam-scaled.jpg\"\/><\/picture><noscript><picture class=\"size-full wp-image-1581260\"><source type=\"image\/webp\" srcset=\"https:\/\/www.dexerto.com\/wp-content\/uploads\/2021\/05\/25\/dave-portnoy-safemoon-cody-ko-crypto-scam-scaled.jpg.webp 2048w, https:\/\/www.dexerto.com\/wp-content\/uploads\/2021\/05\/25\/dave-portnoy-safemoon-cody-ko-crypto-scam-300x160.jpg.webp 300w, https:\/\/www.dexerto.com\/wp-content\/uploads\/2021\/05\/25\/dave-portnoy-safemoon-cody-ko-crypto-scam-1024x547.jpg.webp 1024w, https:\/\/www.dexerto.com\/wp-content\/uploads\/2021\/05\/25\/dave-portnoy-safemoon-cody-ko-crypto-scam-768x410.jpg.webp 768w, https:\/\/www.dexerto.com\/wp-content\/uploads\/2021\/05\/25\/dave-portnoy-safemoon-cody-ko-crypto-scam-1536x821.jpg.webp 1536w, https:\/\/www.dexerto.com\/wp-content\/uploads\/2021\/05\/25\/dave-portnoy-safemoon-cody-ko-crypto-scam-175x94.jpg.webp 175w, https:\/\/www.dexerto.com\/wp-content\/uploads\/2021\/05\/25\/dave-portnoy-safemoon-cody-ko-crypto-scam-1248x667.jpg.webp 1248w, https:\/\/www.dexerto.com\/wp-content\/uploads\/2021\/05\/25\/dave-portnoy-safemoon-cody-ko-crypto-scam-630x337.jpg.webp 630w, https:\/\/www.dexerto.com\/wp-content\/uploads\/2021\/05\/25\/dave-portnoy-safemoon-cody-ko-crypto-scam-479x256.jpg.webp 479w, https:\/\/www.dexerto.com\/wp-content\/uploads\/2021\/05\/25\/dave-portnoy-safemoon-cody-ko-crypto-scam-150x80.jpg.webp 150w\" sizes=\"(max-width: 2048px) 100vw, 2048px\"\/><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.dexerto.com\/wp-content\/uploads\/2021\/05\/25\/dave-portnoy-safemoon-cody-ko-crypto-scam-scaled.jpg\" alt=\"dave portnoy safemoon cody ko crypto scam\" width=\"2048\" height=\"1095\" srcset=\"https:\/\/www.dexerto.com\/wp-content\/uploads\/2021\/05\/25\/dave-portnoy-safemoon-cody-ko-crypto-scam-scaled.jpg 2048w, https:\/\/www.dexerto.com\/wp-content\/uploads\/2021\/05\/25\/dave-portnoy-safemoon-cody-ko-crypto-scam-300x160.jpg 300w, https:\/\/www.dexerto.com\/wp-content\/uploads\/2021\/05\/25\/dave-portnoy-safemoon-cody-ko-crypto-scam-1024x547.jpg 1024w, https:\/\/www.dexerto.com\/wp-content\/uploads\/2021\/05\/25\/dave-portnoy-safemoon-cody-ko-crypto-scam-768x410.jpg 768w, https:\/\/www.dexerto.com\/wp-content\/uploads\/2021\/05\/25\/dave-portnoy-safemoon-cody-ko-crypto-scam-1536x821.jpg 1536w, https:\/\/www.dexerto.com\/wp-content\/uploads\/2021\/05\/25\/dave-portnoy-safemoon-cody-ko-crypto-scam-175x94.jpg 175w, https:\/\/www.dexerto.com\/wp-content\/uploads\/2021\/05\/25\/dave-portnoy-safemoon-cody-ko-crypto-scam-1248x667.jpg 1248w, https:\/\/www.dexerto.com\/wp-content\/uploads\/2021\/05\/25\/dave-portnoy-safemoon-cody-ko-crypto-scam-630x337.jpg 630w, https:\/\/www.dexerto.com\/wp-content\/uploads\/2021\/05\/25\/dave-portnoy-safemoon-cody-ko-crypto-scam-479x256.jpg 479w, https:\/\/www.dexerto.com\/wp-content\/uploads\/2021\/05\/25\/dave-portnoy-safemoon-cody-ko-crypto-scam-150x80.jpg 150w\" sizes=\"auto, (max-width: 2048px) 100vw, 2048px\"\/><\/picture><\/noscript><figcaption>YouTube, Cody Ko<\/figcaption><\/figure>\n<p><span class=\"block m-1 ml-0\">Ko shares a clip of Portnoy half-heartedly proclaiming he\u2019s not really giving recommendation\u2026earlier than he promotes Safemoon.<\/span><\/div>\n<p><span style=\"font-weight: 400;\">And the purpose is affordable. Cryptocurrencies current novel territory, as celebrities can immediately manipulate the market and increase worth just by utilizing their platform to speak (or simply meme) about their present crypto of alternative.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Within the Portnoy instance, Safemoon instantly jumped in worth after he primarily marketed it and instructed followers that he had pumped $40,000 into the cryptocurrency. Even when the Barstool founder didn\u2019t consider in Safemoon\u2019s precise longevity, he might simply purchase rather a lot, discuss it a bunch, after which instantly promote for an unlimited revenue \u2014 all on the expense of followers who purchased in and drove its worth increased.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">For Ko, this habits by influencers is a misuse of their affect. He\u2019s a fan of cryptocurrencies, however not of celebrities utilizing crypto to use their followers.<\/span><\/p>\n<\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/www.dexerto.com\/entertainment\/cody-ko-shames-influencers-for-scamming-followers-into-cryptocurrencies-1581256\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Within the wake of relentless drama and intrigue surrounding crypto, influencer Cody Ko has known as out fellow celebrities for exploiting their followers to safe straightforward money in \u2018pump-and-dump\u2019 schemes. Dubbing it \u201cthe brand new influencer rip-off\u201d and likening it to the rise (and fall) of NFTs, Cody Ko thinks celebrities are abusing their [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":12977,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24],"tags":[7709,7191,778,3892,7711,7710],"class_list":["post-12975","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-influencer","tag-cody","tag-cryptocurrencies","tag-followers","tag-influencers","tag-scamming","tag-shames"],"_links":{"self":[{"href":"https:\/\/dviouscontent.com\/index.php\/wp-json\/wp\/v2\/posts\/12975","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dviouscontent.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dviouscontent.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dviouscontent.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dviouscontent.com\/index.php\/wp-json\/wp\/v2\/comments?post=12975"}],"version-history":[{"count":1,"href":"https:\/\/dviouscontent.com\/index.php\/wp-json\/wp\/v2\/posts\/12975\/revisions"}],"predecessor-version":[{"id":12976,"href":"https:\/\/dviouscontent.com\/index.php\/wp-json\/wp\/v2\/posts\/12975\/revisions\/12976"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dviouscontent.com\/index.php\/wp-json\/wp\/v2\/media\/12977"}],"wp:attachment":[{"href":"https:\/\/dviouscontent.com\/index.php\/wp-json\/wp\/v2\/media?parent=12975"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dviouscontent.com\/index.php\/wp-json\/wp\/v2\/categories?post=12975"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dviouscontent.com\/index.php\/wp-json\/wp\/v2\/tags?post=12975"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}