"Famous blockchain researcher ZachXBT accuses Floyd Mayweather in connection with token fraud. Mayweather, who has a history of involvement in fraud, has again come under suspicion after promoting a new FLOYD token, which was suddenly removed from his social networks. 🥊

ZachXBT emphasized that Mayweather has already earned “tens of millions” from various cryptocurrency projects, including Mayweverse, Ethereum Max, Bored Bunny, Real Floyd NFT and Moonshot.

In 2022, the SEC accused Mayweather of failing to disclose payments for promoting three ICOs, including a $100,000 payment from Centra Tech.

In 2018, Mayweather had to pay over $600,000 in fines for illegally promoting coin offerings.

Investors suffered significant financial losses due to Mayweather's promotion of fraudulent projects. These projects, including Centra Tech ICO, EthereumMax (EMAX) coin, Bored Bunny NFTs, Floyd's World and FLOYD token, have been identified as "rug pulls."