Believe founder accused of migrating $54 million in fees through Launchcoin

ME News Report, April 29 (UTC+8), a class-action lawsuit accuses Believe founder Ben Pasternak of migrating and extracting $54 million in fees through Launchcoin. The lawsuit states that the migration process had a two-week window, resulting in token dilution for holders, and tokens with mismatched deadlines were permanently burned. Additionally, the operation is alleged to involve insider-related wallets. (Source: ChainCatcher)

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