Barstool Sports Founder Promotes ‘JAILSTOOL’ Token in Response to Accusations Over Meme Coin Trading

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Bitget2025/02/08 22:32

Barstool Sports founder Dave Portnoy has been criticized for sharing Meme coin trades on the X platform, with some traders claiming he “slammed” 3.5 million followers. The controversy came after his previous investments in “Montoya por favor” and “Josh Allen MVP” tokens briefly skyrocketed and then quickly collapsed. In the face of criticism, Portnoy announced that he had purchased 50 million “JAILSTOOL” tokens and defended himself on the X platform, where he had promoted Safemoon in the past, the founder of which was later indicted by the SEC for fraud.

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