Home Editor's Pick GROK Meme Coin Plummets as Crypto Sleuth Exposes Scam Links

GROK Meme Coin Plummets as Crypto Sleuth Exposes Scam Links

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The price of GROK, a blockchain-based meme coin, plummeted after an anonymous account exposed the coin’s ties to scam coins and a network of shady affiliates. The account, known only as Crypto Sleuth, posted various links and screenshots pointing to dozens of other coins with the same code as GROK, as well as to Ponzi schemes using GROK as a payment tool. The coin has since become one of the most talked about topics among both skeptics and enthusiasts in the blockchain community. This has forced both GROK’s developers and promoters to hastily launch damage control operations in an attempt to stave off a catastrophic selloff. Whether or not the coin can recover from this debacle remains to be seen, but one thing is certain – the damage done to its reputation will be hard to repair.

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