{"id":136663,"date":"2023-04-07T12:14:22","date_gmt":"2023-04-07T12:14:22","guid":{"rendered":"https:\/\/crypto-economy.com\/?p=136663"},"modified":"2023-04-07T13:41:19","modified_gmt":"2023-04-07T13:41:19","slug":"leaked-list-exposes-top-celebrity-influencers-and-their-promotion-fees","status":"publish","type":"post","link":"https:\/\/crypto-economy.com\/leaked-list-exposes-top-celebrity-influencers-and-their-promotion-fees\/","title":{"rendered":"Leaked list exposes top celebrity influencers and their promotion fees"},"content":{"rendered":"<p style=\"text-align: justify\">A new list has appeared on the internet that seems to reveal how much prominent celebrity influencers charge to promote or post about crypto projects on their social media handles.<!--more--><\/p>\n<p style=\"text-align: justify\">The spreadsheet, <strong>which contained top celebrities like Soulja Boy, Jake Paul,<\/strong> <strong>and Antonio Brown<\/strong>, among others, was initially shared by self-proclaimed &#8220;on-chain sleuth&#8221; @zachxbt on Twitter and was later shared by another user on <a href=\"https:\/\/www.reddit.com\/r\/CryptoCurrency\/comments\/12drz7y\/a_leaked_list_shows_that_celebrity_influencers\/?\" target=\"_blank\" rel=\"noopener\">Reddit<\/a>.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">1\/ Ever wonder who connected projects with the celebrities and influencers that promote crypto scams? <\/p>\n<p>Here\u2019s a breakdown on one of the people doing it known as Raichu (Ryan). <a href=\"https:\/\/t.co\/uzrEZ1pAvX\" target=\"_blank\">pic.twitter.com\/uzrEZ1pAvX<\/a><\/p>\n<p>&mdash; ZachXBT (@zachxbt) <a href=\"https:\/\/twitter.com\/zachxbt\/status\/1643600871408693249?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">April 5, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p style=\"text-align: justify\">According to ZachXBT, this list was disclosed by Raichu, who allegedly worked with some of the influencers to promote crypto and NFT projects, <strong>some of which were eventually rug-pulled.<\/strong><\/p>\n<p style=\"text-align: justify\"><strong>Raichu Ryan\u00a0makes his living by connecting projects with these celebrities and influencers for the purpose of promoting them on Instagram<\/strong>, TikTok, YoTube, or Twitter.<\/p>\n<p style=\"text-align: justify\">In one of the samples shared, ZachXBT mentioned that Raichu collaborated with the rapper Lil Xan to plan a promotion for the Baller Ape Club (BAC) project. Meanwhile,<\/p>\n<p style=\"text-align: center\"><em>\u201cIn June 2022, the BAC founder was charged by the US DOJ for wire fraud and international money laundering after the project turned out to be a $2.6 million scam.\u201d<\/em><\/p>\n<p style=\"text-align: justify\">While some of these celebrity influencers charge below $1,000, <strong>most of them charge as much as over $20,000 just by tweeting about a project<\/strong>. Interestingly, at the top of the list is Jake Paul, <strong>who supposedly makes $150,000 or more for just one tweet about a project.<\/strong><\/p>\n<p style=\"text-align: justify\"><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone wp-image-136682 size-full\" src=\"https:\/\/crypto-economy.com\/wp-content\/uploads\/2023\/04\/Celebrity-Influencers.jpg\" alt=\"While some of these celebrity influencers charge below $1,000, others charges small fortunes\" width=\"825\" height=\"300\" srcset=\"https:\/\/crypto-economy.com\/\/wp-content\/uploads\/2023\/04\/Celebrity-Influencers.jpg 825w, https:\/\/crypto-economy.com\/\/wp-content\/uploads\/2023\/04\/Celebrity-Influencers-300x109.jpg 300w, https:\/\/crypto-economy.com\/\/wp-content\/uploads\/2023\/04\/Celebrity-Influencers-768x279.jpg 768w\" sizes=\"(max-width: 825px) 100vw, 825px\" \/><\/p>\n<p style=\"text-align: justify\">This recently revealed information points out the potential risks of following the financial advice of influencers while apparently casting doubt on the trustworthiness of the cryptocurrency market.<\/p>\n<h2 style=\"text-align: justify\">Crypto investors should carry out due diligence<\/h2>\n<p style=\"text-align: justify\">Although <strong>Crypto Economy hasn&#8217;t been able to confirm whether the prices contained in this spreadsheet are completely accurate<\/strong> <strong>or whether any of these celebrity influencers are in violation of the law,<\/strong> crypto investors must exercise caution\u00a0exercise caution when investing in any crypto or NFT projects based on what they hear from influencers.<\/p>\n<p style=\"text-align: justify\">Furthermore, it is important to note that while celebrity endorsements can bring attention to a project, they do not guarantee its success or legitimacy. <strong>Investors should always conduct their own research and due diligence before investing in any crypto or NFT project.<\/strong><\/p>\n<p style=\"text-align: justify\">Regulators are already keeping a very close eye on these types of promotions, as they deem them to violate securities laws without proper disclosure.<\/p>\n<p style=\"text-align: justify\">The American Securities and Exchange Commission (SEC) recently charged several celebrities for promoting TRX and BTT (Owned by <a href=\"https:\/\/crypto-economy.com\/justin-sun-meet-the-creator-of-tron\/\" target=\"_blank\" rel=\"noopener\">Justin Sun<\/a>) crypto projects without publicly disclosing that they were paid.<strong> Among them are<\/strong> <b>Soulja Boy, Austin Mahone, actress Lindsay Lohan, YouTuber Jake Paul, and Akon, <\/b>among others.<\/p>\n<p style=\"text-align: justify\"><strong>Kim Kardashian also paid about $1.26 million to the SEC to settle charges in October 2022<\/strong>, concerning to her illegal promotion of EthereumMax (EMAX).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A new list has appeared on the internet that seems to reveal how much prominent celebrity influencers charge to promote or post about crypto projects on their social media handles.<\/p>\n","protected":false},"author":26,"featured_media":136679,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[84,74,88],"tags":[5001,4859],"_links":{"self":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts\/136663"}],"collection":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/users\/26"}],"replies":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/comments?post=136663"}],"version-history":[{"count":0,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts\/136663\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/media\/136679"}],"wp:attachment":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/media?parent=136663"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/categories?post=136663"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/tags?post=136663"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}