n a stunning turn of events, comedian and UFC commentator Joe Rogan has publicly criticized boxing legend Floyd Mayweather Jr. following reports of Mayweather’s involvement in a $402 million investment deal. The investment, aimed at acquiring affordable housing units in Manhattan, has raised eyebrows amid ongoing legal battles concerning Mayweather’s alleged involvement in cryptocurrency scams.
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Floyd Mayweather recently made headlines with a substantial $402 million investment in affordable housing in Manhattan. This deal involves the acquisition of over 1,000 affordable housing units across more than 60 buildings, marking one of the most significant multifamily transactions of the year in New York. The move was seen as a strategic effort to diversify Mayweather’s investment portfolio and counter rumors about his financial stability post-retirement.
Allegations of Cryptocurrency Fraud
Concurrently, Mayweather faces legal challenges related to his promotion of the cryptocurrency EthereumMax. In January 2022, investors filed a class-action lawsuit accusing Mayweather, along with celebrities like Kim Kardashian and Paul Pierce, of misleading promotions that led to significant financial losses. The lawsuit alleges that these promotions contributed to a “pump and dump” scheme, artificially inflating the token’s value before it plummeted.
While EthereumMax has denied these allegations, stating that the lawsuit is “riddled with misinformation,” the legal proceedings have cast a shadow over Mayweather’s financial dealings.
Joe Rogan’s Critique
Amidst these developments, Joe Rogan has openly criticized Mayweather, questioning the legitimacy of his recent investments and suggesting that Mayweather’s financial decisions may be contributing to his legal troubles. Rogan’s comments have sparked a broader discussion about financial transparency and responsibility among high-profile figures.
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Looking Ahead
As legal proceedings continue and public scrutiny intensifies, both Mayweather and Rogan find themselves at the center of a complex financial and legal narrative. The outcomes of these developments remain uncertain, but they underscore the intricate relationship between celebrity endorsements, investment ventures, and public perception.
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*Disclaimer: The information presented is based on current reports and legal proceedings. All individuals are presumed innocent until proven guilty in a court of law.
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