Influencer faces backlash on #Twitter
A #cryptocurrency influencer, "Defi_Mochi", has faced backlash from the community for writing a thread sponsored by #ChibiFinance
The community claims that the influencer received $2,000 in $ETH for promoting the project.
However, the Twitter influencer mentioned that he was writing a sponsored thread on June 20. After the rug pull reports, the influencer deleted his thread.
While community-favorite influencers may promote projects, it is primarily the responsibility of investors to conduct detailed research before investing their funds.
Investors can often make rash decisions and are therefore becoming frequent victims of #RugPulls
