Jack Ma and Cai Chongxin family venture capital firm Blue Pool Capital invest in developer NFT AnimocaBrands.

The Crypto Briefing announced on July 5 that TechLead, a YouTuber with over 1.1 million users and former co-founder of Google and Facebook, had deceived the community after announcing its own cryptocurrency, Millions, the week last it was announced that he was being sued. The token was announced on July 1 and is said to have a potential of 1 million. TechLead claims that the token value cannot be less than $ 1 because each token is supported by its own $ 1. TechLead has actively promoted the social media token since its inception. According to Uniswap data, the one million tokens, which started trading at $ 1, saw an increase over the next three days, more than 3,500% higher than the offer price. However, on the morning of July 4th, prices started to drop and are now down 64% from their all-time highs. Uniswap would have withdrawn a large amount of revenue from the same address as 1 million tokens issued. At the same time, another user discovered that a previously deactivated account could have purchased more than $ 100,000 in tokens before the price rose.