Home » Mike Tyson Denies News that He Supports Crypto Startup Fight to Fame

Mike Tyson Denies News that He Supports Crypto Startup Fight to Fame

American former professional boxer Mike Tyson has denied info that he supports a blockchain-based platform Fight to Fame, which is allegedly a fraudulent scheme.
news - Mike Tyson Denies News that He Supports Crypto Startup Fight to Fame

American former professional boxer Mike Tyson has denied info that he supports a blockchain-based platform Fight to Fame, which is allegedly a fraudulent scheme.

“I am not involved with Fight to Fame or their countdown website, nor will I be involved with anything related to Fight to Fame now or in the future. Any media reporting my current involvement isn’t accurate,” Tyson said in a tweet published on Aug. 14. 

This week, VentureBeat announced that Tyson is the founder and chairman of the sports committee of the Fight to Fame project, which promises to engage in the promotion of contact sports using the blockchain. According to VentureBeat, Fight to Fame plans to issue its own token and conduct a token sale in early June.

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In May, crypto research and analysis firm Cointelligence published the results of an investigation into Fight to Fame, in which it called the organizers of the project “complete scammers.” According to Cointelligence, Fight to Fame CEO Shi Jianxiang is wanted by Interpol and Chinese regulators “on charges of fraud and illegal fundraising, the losses from which for investors amounted to over 10 billion yuan (about $ 1.5 billion).”

Tyson’s wife Lakia told the Modern Consensus portal on August 16 that they were discussing the possibility of collaborating with the project several years ago, but since then have made it clear that they are not participating in Fight to Fame.

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