Gunna had promoted the Pushin P coin through his followers, tweeting about it and then deleting the tweet.
Promoting a Shady Cryptocurrency
The cryptocurrency market is extremely popular, with people rushing to buy popular coins. Investors are sometimes tricked and have their money taken from them every once in a while. The Gunna episode shows how scams can affect crypto markets and, more importantly, investors.
Gunna posted a tweet a few days ago to promote a new crypto project he was working on with another developer, who goes by the Twitter handle "shanemooncharts". Gunna tweeted,
Potential Rug Pull
Pushin Peth seemed to be associated with Gunna’s viral Pushin P. But users started asking questions and discussing a rug pulling event. Developers take the money and leave users nothing in a rug pull event.
Reddit user posted that cryptocurrency suffered a rug pull event. This meant that fans of the rapper who invested money in the scam crypto lost a lot of their money.
Gunna Denies Involvement
Gunna deleted his initial tweet in support of the cryptocurrency within hours. Anger-stricken fans questioned Gunna about his involvement. Gunna went back to Twitter to clarify the situation or to make a very weak excuse about his Twitter being hacked. He was not involved in the scam.
Twitter Sleuth Explicitly Exposes Gunna's Role
began to investigate Gunna's claims and posted the results in a Twitter discussion. He discovered that Gunna was actually involved with Pushin Perth, and that he was lying to claim that his Twitter account had been hacked. This thread revealed that Shane, the creator of the coin, was in touch via DMs with Gunna. ZachXBT also uploaded screenshots to support his point.
Gunna's tweet was pre-planned, he said. Gunna also stated that he would tweet it at 2pm. The tweet in question was then shown to Gunna via a screenshot from his Twitter account.