MrBeast Responds To Crypto Scam Allegations: Here’s The Truth

Renowned American personality and millionaire MrBeast has finally broken his silence on crypto scam allegations, turning heads across the cryptocurrency industry. The American, aka James Stephen “Jimmy” Donaldson, recently spoke in an interview with Youtuber Oompaville, offering a clear insight into the pump-and-dump scam allegations against him. Notably, “Jimmy” encountered heightened scrutiny since earlier November as renowned personality DogPack404, among others, scoped in on the American millionaire’s crypto activities.

MrBeast Talks On Crypto Scam Allegations With YouTuber Oompaville

In an interview dated November 23, MrBeast answered some pretty straightforward questions asked by the YouTuber Oompaville. Notably, the YouTuber went straight on to ask Donaldson, “Are you going to sue DogPack?” This question comes against the backdrop of a feud that began earlier this month. To which Donaldson answered, “Probably.”

Donaldson further added, “What do you do when someone spreads misinformation about you, and it causes you harm to your businesses.” Moreover, supporting his decision to sue, the American millionaire claimed there to be “tons of examples available showing DogPack intentionally, manipulating things that would not be true.”

Also, it’s noteworthy that this feud began earlier in November as famous YouTubers Rosana Pansino and DogPacks404 pointed out that MrBeast had a connection with numerous pump-and-dump crypto scam incidents, CoinGape Media reported. However, the recent interview offered a polar opposite side from the initial allegations.

What’s More?

Further, addressing reports by Coffeezilla that alleged MrBeast’s involvement in crypto pump and dump schemes, Jimmy reiterated that such claims are false. “The gist of this report was Jimmy is too stupid to make this kind of money, clearly there is insider trading, when in reality the wallets were managed by funds,” the millionaire added.

Further, Donaldson uses a sarcastic tone to confirm that maybe he is too stupid to manage his wallets, and that is why he lets other funds do it. Overall, the interview prepared a clear stage that the American personality was not involved in any digital asset-related scams.

Similarly, in another chronicle, BBC accused Logan Paul of a crypto scam & allegedly profiting $100K. This saga, amid Paul’s recent fight with Mike Tyson, has gained significant traction across the globe.