Streamer who crashed $200,000 McLaren on live accused of 'scamming fans' with latest antics
Live streamer Jack Doherty has been accused by some of scamming his fans, after crashing his $200,000 McLaren supercar live on Kick.
Streamers aren't exactly known as the beacons of morality, as after repeatedly losing it on stream, mistreating homeless people, and allegations of sexual misconduct, they haven't got the best reputation right now.
Infamous IRL streamer Jack Doherty is the latest to have 'scam' allegations landed on him, and while social media personalities as big as Logan Paul have been accused of the same, many are claiming it to be even more apparent after Doherty's recent behavior.
Doherty was permanently banned on Twitch-rival Kick after crashing his McLaren live on stream, and while that would be a major financial burden to many out there, the streamer has proven that he's not exactly lacking in funds.
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His latest entrepreneurial scheme though involves a bit of alleged cryptocurrency trickery, which has been pointed out by various commentary channels on YouTube including Atozy.
Doherty posted a video to his social media channels, declaring: "Alright I'm seeing everyone making a ton of money off of these meme coins and I want in, so tonight guys I'm going live and I'm buying a meme coin."
"I already know which one I'm buying but all I know is that I'm gonna be making straight cash baby. I know which one I'm buying, I'm dropping a bag on it, and we're all getting rich together guys, I'm not selling it until it's at $100 million market cap."
If you're at all aware of the world of cryptocurrency you'll likely find this behavior similar to what is known as 'pump and dump schemes', where an influential individual goes 'all in' on a crypto coin, encouraging others to do the same, and then sells once its at a high point to make money, after which the price rapidly drops.
Often the individuals driving these schemes have alleged links to the coins that they share to increase their income, but these connections are often left undisclosed.
Atozy has pointed out that since this first announcement, Doherty has put his weight behind another two meme coins, despite reaching a maximum of 1% of the way towards his supposed $100 million market cap goal on each of the coins.
The comments underneath the video are in unanimous agreement over the 'scam-like' actions of Doherty in recent days. One user points out that "'We're gonna get rich together' = I'm going to steal your money," whereas another claims that "it's amazing how he had fans in the first place."
Some have pointed out the serious nature of the streamer's actions in past days though: "100% illegal to pump and dump," says one user. "He just opened himself up to lawsuits and prosecution. Not a smart move for a guy that's already rich."
While some streamers - including Doherty himself - might see platform bans as the limit of their punishment, one recent YouTuber has shown that your online actions can actually lead to serious prison time.