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An unexpected tweet announcing intellectual property rights to the ChillGuy token team may have compromised Philip Banks' account. After this tweet, the ChillGuy token soared 30%, but all gains were erased as speculation about the compromised accounts increased.
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Speculation has emerged that CHILLGUY creator Philip Banks may have had his account compromised after an unexpected tweet announcing the granting of intellectual property (IP) rights to the CHILLGUY token team.
The tweet allegedly posted by Banks is said“We have decided to provide the license and intellectual property rights to the CHILLGUY token and team.”
But questions quickly arose when Banks' account was linked to the launch of a new meme coin on Pump.fun featuring another of his characters, Philb.
The new coin quickly gained traction and reached a market cap of $1 million before being completely dumped. This raised suspicions that Banks' accounts had been hacked or compromised, leading to an unusual announcement regarding intellectual property rights.
CHILLGUY's official X community account also expressed confusion as follows.
“Tonight we were surprised to see a tweet on @PhillipBankss's page announcing that he had granted licenses and intellectual property rights. We will continue to seek details. Always stay safe and Please do not send funds to solicitors without caution.
These events have fueled growing concerns about the safety of bank accounts.
Banks' sudden change in stance, first announcing his intention to take down unauthorized use of the CHILLGUY character, then later announcing a policy of granting intellectual property rights to the Token Team, left many confused. did.
Despite the controversy, the CHILLGUY token initially soared 30% following the intellectual property rights announcement, but quickly erased those gains.
The token went viral in November after a TikTok video gained a lot of attention, reaching a peak market capitalization of over $700 million.
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