Mario Nawfalās Crypto Account Faces Backlash Over Alleged Token Scam
Mario Nawfalās crypto-focused X (formerly Twitter) account, RoundtableSpace, has come under fire after promoting and later removing posts about a ROSS token, which turned out to be a scam. Despite claims of internal mismanagement, many users remain skeptical.
On Monday, the RoundtableSpace account promoted ROSS token, only to delete the post soon after. The next day, the account shared the tokenās contract address, leading to a surge in its market cap, which briefly hit $7 million before crashing.
Nawfal later stated that a team member was deceived by a user named @hardsnipe, who allegedly convinced them to promote the fraudulent token. However, this explanation failed to convince many.
Community Backlash
Crypto users on X were unimpressed with the explanation, with one frustrated user commenting:
"Do you think weāre fcking stupid?"*
Others dismissed Nawfalās statement as a āpoor excuseā, with some accusing him of deliberately rugging investors. One user, Vydamo, suggested that the incident was less about a mistake and more about a team member profiting off the scam rather than Nawfal himself.
Adding to concerns, crypto investigator Dethective pointed out that the same team had previously promoted a $32 million token called GAY, which also ended up being a rug pull.
Nawfalās Controversial Past
Nawfal has previously been accused of artificially inflating his social media engagement, with critics pointing out that his X Spaces consistently attract a suspiciously high number of international listeners.
Further scrutiny from Upper Echelon, an online investigator, alleges that Nawfalās business incubator, International Blockchain Consulting, does not actually invest in startups but instead charges clients for services. Allegedly, these services include:
Fake social media engagement
Bot followers and automated comments
Forum spamming and engagement farming
Legal Action and Next Steps
Nawfalās team has stated that they will pursue legal action against those responsible for the ROSS token promotion within their organization. However, skepticism remains high, with his crypto account remaining silent since the incident.
Protos has reached out to Mario Nawfalās RoundtableSpace for comment and will
provide updates as the situation unfolds.
#FedWatch #MarioNawfal