Hasbulla, a Russian influencer known for meme coins and rug pulls, recently launched a $20 million presale for his new BULLA token. Despite criticism from crypto luminaries, the presale was a hit, with a significant portion of sales made using World Liberty Financial’s USD1 stablecoin. Hasbulla's history of questionable projects has raised concerns within the community, but he continues to attract investors. While some warn of potential scams, others show support for Hasbulla's latest venture. The crypto industry's fascination with celebrity tokens, even those with dubious backgrounds, raises questions about the future of such investments. As the token distribution for BULLA is awaited, scammers have already started creating fake versions. The incident serves as a reminder of the risks and challenges faced by retail investors in the volatile crypto market. Read more AI-generated news on: https://app.chaingpt.org/news