The Float of Fight to Fame: An Unwanted Floatation
In an eyebrow-raising twist that feels ripped right out of a low-budget boxing flick, boxing legend Mike Tyson has thrown a verbal jab at recent media reports claiming his support for a blockchain platform known as Fight to Fame. After all, who doesn’t want a piece of the digital pie these days—unless, you know, it’s a fraudulent scheme.
Tyson Takes to Twitter
Tyson, known for not shying away from the spotlight (or a good Twitter rant), wasted no time to squash the rumors. On August 14, he tweeted:
“I am not involved with Fight to Fame or their countdown website, nor will I be involved with anything related to Fight to Fame now or in the future. Any media reporting my current involvement isn’t accurate.”
Fraud or Foul Play?
Earlier reports had placed Tyson in a pivotal role as the founder and chairman of the sports and competition committee for Fight to Fame. Apparently, there were plans afoot to even launch a so-called Tyson Token. Sounds fancy, right? Well, hold your horses.
Crypto connoisseurs over at Cointelligence escalated the drama by branding Fight to Fame a “total fraud,” pointing fingers at the project’s founder, Shi Jianxiang, who, as it turns out, is wanted by Interpol for some serious shady dealings. Allegations range from fraud to illegal fundraising, reportedly leaving investors with more than 10 billion yuan—roughly $1.5 billion—in the dust.
Behind the Scenes: A Signed Agreement Gone Wrong
In a riveting plot twist, Tyson’s wife and manager, Lakiha Tyson, disclosed that they had entertained working with this project years ago. A deal was floated, draped with offerings that glamorized a potential casting in a Hong Kong martial arts film. Nothing like an unexpected cameo in a bustling industry to get the blood pumping!
However, what seemed like a promising partnership came back to bite them. In a statement, Lakiha described the “very preliminary agreement” with Shi as an ill-fated misstep. Tyson didn’t even ink a deal for the Tyson Token! Talk about missing a punch!
The Aftermath: Reaction and Reflections
The aftermath of this debacle leaves a few questions buzzing around like pesky bees. How does one go from potential Hollywood glory to a declaration of innocence in under 24 hours?
In 2018, a term sheet was briefly exchanged with indications that Tyson would act as a partner, leading to buried frustrations at the realization this was all a set-up for something grander—a token that bears his name without his knowledge or consent. Lakiha shared her outrage quite overtly:
“We had no idea that this was a way to launch this Tyson Token. We didn’t agree to this. I was fuming at this point.”
Final Thoughts: Navigating the Wild West of Blockchain
As the dust settles on this unexpected kerfuffle, Tyson’s clarifications shine a spotlight on the necessity of due diligence in the ever-evolving world of blockchain technology. The swiftness of a tweet can be mighty, but sometimes it takes more than a few words to shake off the stigma of association with a shady project.
So, fellow internet explorers, learn from the champ’s run-in: When in doubt, do your homework before signing that dotted line and definitely fact-check before a media frenzy gets rolling.
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