Andrew Tate Retracts Cryptocurrency Launch Plan Amid Backlash

After initially teasing a $100 million-backed cryptocurrency, Andrew Tate has withdrawn his proposal, citing a commitment to not endorsing 'shitcoins' and avoiding scams.

Andrew Tate proposed launching a cryptocurrency backed by $100 million, but quickly retracted the idea amidst criticism.
The retraction followed a viral tweet in which Tate distanced himself from the cryptocurrency space, emphasizing his stance against scamming fans.
Tate's initial announcement led to the creation of a memecoin named '$TOPG,' which saw its market cap soar to $6.5 million before plummeting.
Critics, including YouTuber Coffeezilla, accused Tate of hypocrisy given his previous disavowal of cryptocurrencies.
Tate's legal troubles in Romania, including charges of human trafficking and rape, add complexity to his public persona and business ventures.