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Pseudonymous crypto trader and influencer Machi Big Brother has lost $16 million investing in the SocialFi project Friend.Tech (FRIEND). On-chain tracking platform Lookonchain highlighted the popular trader’s losses in a Sept. 9 post on X. In total, Machi Big Brother spent around 5.2K Ethereum (ETH) worth $16.7 million to purchase 11.1 million FRIEND tokens. The total dollar purchase of this investment stood at $0.7 million at the time of the post, according to Lookonchain. Machi Big Brother(@machibigbrother) spent ~5.2K $ETH($16.7M) to buy 11.1M $FRIEND, now worth only $0.7M! He lost ~$16M on $FRIEND!https://t.co/j5UByo1LAf pic.twitter.com/4c5oQPNH62 — Lookonchain (@lookonchain) September 9, 2024 The token has soared over 61% in the past 24 hours, enbling Machi Big Brother to recover some of the losses from the bet on FRIEND. The token traded at $0.0986 as of 3:33 a.m. EST, pushing the dollar amount of the trader’s FRIEND position to over $1 million.  ...

A video shared by crypto Influencer and alleged rug-puller Matt Wallace, which he claimed depicted the start of World War 3, has been debunked and confirmed as a three-year-old CGI depiction of an earlier conflict. Wallace shared the video on April 13 and it has since garnered 22.5 million views, 161,000 likes, and 32,000 retweets. However, despite his rather pessimistic ‘WW3 HAS STARTED’ caption, as pointed out by Reuters, the clip is nothing more than a mock-up of a World War 2 air raid. The video was previously debunked when it was claimed that it showed real-life footage from the Russia/Ukraine conflict and later, fighting in Gaza. Wallace used to call himself a ‘DogeTuber’ while basing his brand around Dogecoin. Despite this, Doge’s founder Billy Markus accused Wallace of using the Doge name to rug-pull his followers with a shitcoin called Accept Doge. MARK THIS TWEET IN HISTORY WW3 HAS OFFICIALLY STARTED pic.twitter.com/yQn8subN8j — Matt Wallace (@MattWallace888...