The crypto community is abuzz with speculation that Philip Banks' account, the creator of the CHILLGUY token, may have been compromised. The incident originated from a surprising tweet announcing the granting of intellectual property (IP) rights to the token development team.

The tweet, reportedly posted from Banks' account, clearly states:

"I have decided to license and transfer the intellectual property rights for the CHILLGUY token and the development team."

However, shortly after, the community began to question when Banks' account was related to the launch of another memecoin, Philb, on the Pump.fun platform. This coin, modeled after another character of Banks, quickly reached a market capitalization of 1 million USD before experiencing a complete sell-off.

The incident has further raised concerns that Banks' account may have been hacked or compromised, leading to unusual claims about intellectual property rights.

The official account of the CHILLGUY community on platform X also expressed confusion over the incident, stating:

"We are extremely surprised to see the tweet from Phillip Banks' account tonight, stating that he has licensed and transferred intellectual property rights. We are currently urgently seeking more details. Always be cautious and avoid sending money for any offers without completing the full due diligence process."

Source: X

Banks' unexpected change of stance has raised many questions. Previously, he had firmly stated that he would thoroughly handle violations of intellectual property rights related to the CHILLGUY character. However, a recent tweet completely contradicts this viewpoint, leaving the community confused and suspicious.

Although the announcement of the granting of intellectual property rights initially caused the CHILLGUY token to rise by 30%, this upward trend quickly reversed, wiping out all gains. The CHILLGUY token gained fame in November after videos on TikTok garnered significant attention, helping its market capitalization peak at over 700 million USD.

The incident not only raises questions about the authenticity of Banks' announcements but also highlights the importance of account security in the highly risky cryptocurrency industry. The community continues to closely monitor developments surrounding this incident.

https://tapchibitcoin.io/the-account-of-creator-chillguy-philip-banks-may-have-been-hacked.html