Khamzat Chimaev confronts commentator on Joe Rogan podcast after UFC remark
Khamzat Chimaev may acquire championship titles in the future, but his involvement in a crypto scam will always haunt him. While most of the criticism comes from online platforms, this time, Chimaev faced flak from UFC commentator Joe Rogan.
Rogan didn’t hold back in labeling crypto investors as “gamblers,” using Chimaev’s $mash token debacle as a prime example of why he believes the market is riskier than a casino.
Chimaev had promoted a cryptocurrency named $mash token on his social media platform, building excitement among his large fan base. However, soon after, accusations emerged that he had engaged in a pump-and-dump scheme. This manipulative tactic inflated the token’s value to attract investors before abruptly selling off, causing significant financial losses for his followers.
Although Chimaev distanced himself from the scandal, attributing blame to his manager, the damage was irreversible, and fans were left outraged.
Despite time passing since the incident, Rogan continues to address it. During a recent podcast episode with former NFL star Antonio Brown, Rogan criticized crypto investments, likening them to gambling due to the speculative nature and lack of promised returns. He emphasized the need for accountability among fans, highlighting the risks and uncertainties associated with such investments.
Interestingly, while Chimaev is reminded periodically of his misstep with $mashcoin, UFC icon Khabib Nurmagomedov seems exempt from similar scrutiny.
Despite Nurmagomedov’s reputation for a “clean” lifestyle devoid of vices, questions arose last year regarding his promotion of crypto coins, considered akin to gambling under Islamic principles. The controversy stemmed from his endorsement of a new NFT collection by GMT.
Fans expressed concerns on social media, accusing Nurmagomedov of exploiting his sizable following for financial gain. Despite the backlash, he continued to promote his NFT collection, even offering fans opportunities to win signed memorabilia.
For someone who had condemned gambling as highly addictive, Nurmagomedov’s involvement in promoting high-risk investments seemed contradictory.
In conclusion, both Chimaev and Nurmagomedov have faced criticism for their association with crypto scandals, underscoring the challenges of navigating the volatile world of digital investments. While Chimaev has faced backlash for his alleged role in a pump-and-dump scheme, Nurmagomedov’s endorsement of crypto coins has raised ethical questions among fans. As the debate surrounding cryptocurrencies and NFTs continues, it remains essential for public figures to exercise caution and transparency in their financial endeavors to maintain trust and credibility with their followers.
