A former teenage business prodigy from India has been named as the man behind a recent series of celebrity meme coin launches — with both Caitlyn Jenner and rapper Rich the Kid alleging they have been “scammed” by the man, Sahil Arora.
More recently, Iggy Azalea’s X account appeared to distance the Australian artist from a project bearing her name that was being promoted by Arora as a presale. The token presale raised more than $300,000, while the JENNER token reached more than a $40 million market capitalization amid social media interest in claims and counter-claims of deep fakes and double-dealing.
Arora rejects accusations that he’s a scammer, telling Magazine that many people have made a lot of money from his tokens and that historical allegations against him are from disgruntled investors who lost money trading.
One of his alt accounts also appears to have retweeted other accounts this week claiming that the very celebrities accusing him of scams are still working with him to drum up media interest in meme coin sales.
Could the scam allegations be 4D chess, or is this tweet 5D chess? (Avery Bigweapon)
So, the whole picture is decidedly murky. But what is clear is that Arora has had a reputation for having a long list of celebrity contacts for more than a year, according to a listings manager at a crypto exchange who worked with Arora and who wishes to remain anonymous.
“In fact, even from that time, his main selling point would be that he was in touch with a number of celebrities as well as porn stars,” the listing manager, BA, tells Magazine.
Magazine has obtained a list of high-profile celebrities and adult film stars, with endorsement prices ranging from $6,000 to as high as $315,000, allegedly circulated by Arora.
How this relative unknown gained access to so many celebrities (if he indeed did) remains a mystery. However, Arora has been linked to actress Lindsay Lohan through her…
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