YouTuber Coffeezilla goes back and forth about Andrew Tate’s transformation from crypto critic to meme coin supporter.
The YouTuber, whose real name is Stephen Findeisen, posted a clip of Tate, who had previously portrayed himself as a crypto skeptic. Coffeezilla also quoted Tate in which he stated that he had no intention of launching coins or exploiting his fans.
Tate once said, “I love messing around with crypto Twitter because crypto Twitter is full of the biggest corrupt losers on the planet” and said crypto has “zero” benefit to society. See below.
“Crypto is the only scenario I can think of where you can make a bunch of money while providing zero benefit to society,” Tate said.
Tate, a self-proclaimed misogynist, has more than 10 million followers on X.
Coffeezilla takes a closer look
Coffeezilla’s research reveals that Tate has introduced several meme coins since then, which eventually collapsed.
One of these projects was called “ROOST” and saw a 90% drop following Tate’s approval. The YouTuber also mentions Tate’s “F Madonna token” promotion, which performed similarly poorly.
These actions are a stark departure from Tate’s previous statements against “gambling” and “give-a-thon” in the crypto space.
The investigation focuses specifically on Tate’s relationship with the “Real World Icon” linked to his online course formerly known as Hustler University.
The YouTuber likens the structure of the token to a pyramid scheme, as Tate explains. Subscribers reportedly earn “PowerPoints” that can be converted into tokens that represent a portion of the school’s profits.
Tate was arrested in Romania in 2022 on charges related to human trafficking and organized crime, further increasing her notoriety.
He and his brother Tristan maintained their innocence, and his legal case continued to be a subject of international attention.
Coffeezilla tried to reach Tate
In a YouTube video shared with 3.8 million subscribers, Coffeezilla stated that it was trying to get Tate’s response to these findings.
But she claims that instead of responding to questions, Tate leaked her email address and encouraged her followers to harass her.
In one of his last tweets, Tate stated that having the power to randomly pump any coin on the chart is a lot of fun. He also stated in a separate tweet that he wanted to fatten everyone’s purses and give everyone money.
Having the power to randomly pump any coin on the chart is a lot of fun.
— Andrew Tate (@Cobratate) 19 October 2024
Tate also questions why more famous people aren’t helping everyone else win. As of now, the claims made by Coffeezilla have not yet been proven and remain claims.
In the past, Coffeezilla has investigated several crypto scandals, including Save the Kids Token, a Los Angeles-based charity supported by FaZe Clan members.
Coffeezilla has touted a number of alleged schemes, including BitConnect, SafeMoon, and various “financial gurus” such as Grant Cardone and Tai Lopez.