• Steve Bannon, a former advisor to President Donald Trump, and his digital currency $FJB are allegedly running into issues.
• The asset has reportedly lost more than 90 percent of its overall value due to the current state of the digital currency space.
• Complaints from users allege that those behind the asset either made false promises or didn’t disclose necessary information.
Steve Bannon & $FJB Digital Currency
The digital asset $FJB – which is short for „F*ck Joe Biden“ – rose through the ranks in 2021 due to bullish cryptocurrency markets and low sentiment towards US President Joe Biden. Former advisor to President Donald Trump, Steve Bannon, quickly purchased a stake in the asset which was intended to help conservatives find new methods of purchasing goods, donating to charities and creating jobs.
Problems With $FJB Coin
However, the asset has since lost more than 90 percent of its value due to bearish cryptocurrency markets over the past 14 months. Complaints from users allege that those behind the asset either made false promises about the coin or didn’t disclose necessary information about it. Additionally, there are also claims that charitable donations were not delivered despite being promised as part of profits from $FJB coin.
Response From Spokesperson
A spokesperson for the coin has come out defending it by stating that both Steve Bannon and Boris are fully committed to the community and working with a proficient team on developing it further.
The Future Of $FJB Coin
It remains unclear what will happen next with $FJB coin but many people have expressed their concerns over how this project is progressing so far. It will be interesting to see how things develop in upcoming weeks as investors wait for some positive news surrounding this digital currency before they make any decisions regarding their investments in it.
Despite originally rising through rankings due to bullish cryptocurrency markets and negative sentiment towards US President Joe Biden, problems have arisen around Steve Bannon’s digital currency $FJB causing it’s price to plummet by more than 90%. Complaints allege false promises have been made about the coin or important information hasn’t been disclosed leaving many investors unsure about whether they should invest in this token or not at present.