Iggy Azalea distances herself from alleged scammer's $300K memecoin

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Iggy Azalea distances herself from alleged scammer's $300K memecoin
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Azalea joins a growing list of celebrities unveiling ties to alleged serial scammer Sahil Arora as a project with the artist’s name nets $300,000 in presale.

“Basically I was interested in making a legit coin with utility but Sahil tried it n thought I wouldn't see his weirdo lil presale telegram shit,” Azalea’s account said in a now-deleted

An investor in that project who spoke to Cointelegraph on the condition of anonymity said that the liquidity was removed within five minutes of the coin’s launch.Additionally, Arora is accused of being the mastermind behind an alleged rug pull tied to former National Basketball Association star Dwight Howard.

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