Sydney entrepreneur Ben Pasternak faces a lawsuit in a New York court, accused of orchestrating a meme coin 'rug pull' scheme through the Believe platform. The lawsuit involves multiple tokens, including PASTERNAK, LAUNCHCOIN, and BELIEVE. It claims the platform processed over $6 billion in transactions, collecting tens of millions in fees, with investor losses potentially reaching hundreds of millions of dollars. Pasternak is known for his work on the social app Monkey and plant-based meat brand Simulate, and was listed in Forbes 30 Under 30 in 2021.
Entrepreneur Ben Pasternak Sued for Alleged Meme Coin 'Rug Pull' Scheme
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