Barstool founder issues Greed token, causing the price to plummet by 99%

ChainCatcher news, according to monitoring by Lookonchain, Barstool Sports founder Dave Portnoy issued the Greed token and purchased 357.92 million Greed (accounting for 35.79% of the total supply).

He sold all 357.92 million Greed in a single transaction, causing the price of Greed to plummet by 99%.

He made approximately $258,000 from Greed.

Next, Dave Portnoy issued Greed2 and currently holds 268.25 million Greed2 (accounting for 26.8% of the total supply).