B22 memecoin backing Flavio Bolsonaro's campaign collapses; TSE removes token's website
- —TSE ordered the B22-linked website removed in an Oct. 9 ruling
- —Bolsonaro's campaign denies ties and plans legal action
- —The project calls itself an unofficial Solana memecoin
- —A Telegram group for the token has over 11,000 members
Why it matters: The case highlights the risks of unbacked memecoins and shows that profit promises are a classic red flag for scams.
Source: Livecoins