Pump and dump scheme

This A- list actor and a partner are doing a classic crypto pump and dump scheme right now which is facing headwinds because of another actor who is just screaming dump.

Ashton Kutcher

Mila Kunis

Benjamin McKenzie

TIME President Keith Grossman Joins Crypto Payments Startup MoonPay

Keith Grossman, president of TIME, has left the media firm to join crypto payments infrastructure firm MoonPay.

Grossman announced via Twitter that he is to become MoonPay’s president of enterprise following a three-plus year tenure as TIME’s president.

The move had been reported previously by CNBC.

Under his presidency, TIME embraced digital asset adoption, accepting crypto as a method of payment for subscriptions and holding ether (ETH) on its balance sheet as part of a deal with investment firm Galaxy Digital. The firm also launched its TIMEPieces Initiatve, a collection of non-fungible tokens (NFTs) showcasing original artwork.

MoonPay is a crypto payments infrastructure firm which allows users to exchange traditional fiat currencies and crypto using mainstream methods of payment such as debit cards, credit cards Apple Pay and Google Pay.

It has also acted as a dealer for NFT purchases by celebrities such as Snoop Dogg and Paris Hilton. These two celebs, along with a slew of others including Justin Bieber, The Weeknd, Drake, Ashton Kutcher and Gal Gadot, joined MoonPay’s $555 million Series A funding round a year ago. – Source

April 19, 2022 – “Stoner Cats” turned to NFTs as a way to crowdfund production after facing difficulty getting the show cleared through traditional Hollywood routes, says Lisa Sterbakov, production director at Orchard Farm Productions, the company behind the series. Production partner Mila Kunis had the idea to tap into the crypto-adjacent NFT phenomenon that popped up earlier this year, she says. – Source

Ben McKenzie would like a word with the crypto bros

“If they can make money on it, they’ll do it,” McKenzie, 43, said as he sped past cattle farms and rundown gas stations one morning in March.

McKenzie was on his way to Whinstone US, a crypto mining operation about an hour outside Austin, where rows of energy-guzzling machines generate new bitcoins. Over the past six months, as A-list celebrities have shilled for digital currencies and NFTs, McKenzie, a TV actor best known for his starring role in “The O.C.,” has become an outspoken sceptic. He’s written critically about the #ad for little-known coins that Kim Kardashian posted on Instagram and earnestly asked Reese Witherspoon to stop proselytizing about the metaverse, all while acknowledging that he’s not a financial expert.

“I’m just a former teen idol standing here (alone?) asking people to consider downside risk and the possibility of fraud,” he tweeted in February. – Source