Chill Guy meme coin under fire for supposed plagiarism as market cap falls

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Home” Meme Coins” Chill Guy meme coin under fire for supposed plagiarism as market cap falls

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Estefano Gomez

Dec. 26, 2024

A Vietnamese kids’s publication cover triggers claims of stolen art, while Chill Guy’s market cap is up to $172 million.

Image: Phillip Banks

Secret Takeaways

• A Vietnamese kids’s publication cover has actually drawn contrasts to Chill Guy, sparking plagiarism accusations on Crypto Twitter.
• Chill Guy’s market cap has actually been up to $172 million as the meme fades and brand-new stories take control of.

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Chill Guy meme coin, which as soon as boasted a $790 million peak market cap, is now involved in debate as accusations of plagiarism surface area.

A Vietnamese kids’ s publication cover appeared on X, including a kid striking a position and a canine with a head incredibly comparable to the viral Chill Guy meme.

Publication illustration connected to Chill Guy art

The discovery has actually led numerous to question whether developer Phillip Banks appropriated the art work.

The allegations got momentum on Crypto Twitter, where users extensively distributed the publication image, triggering argument about ChillGuy’ s art being taken from the Vietnamese publication.

In reaction, Banks attended to the claims in a post on X, “ Vietnamese kids s publication repurposed CGWLKDGAF, dismissing critics and asserting that his work was the initial source.

Verifying that the Vietnamese kids’ s publication’ repurposed Banks art, Coin68, a Vietnamese crypto publication, exposed that the publication cover artist drew motivation from Banks’ ChillGuy art work.

In Coin68’ s report, a series of tweets exposed that somebody utilized Banks’ art to develop the cover for a problem of a kids’ s publication.

A user on X, passing the name “ Behind Blue Eyes,” validated that he drew motivation for the art work from Phillip Banks’ Chill Guy meme.

The user likewise shared on X that the publication including the apparently taken art was set up for publication on December 27, 2024.

At the time of composing, Chill Guy meme coin’ s market cap has actually been up to $172 million, continuing its decrease as brand-new stories and debates change its once-dominant position on Crypto Twitter.

Earlier scandals, consisting of a hacking event on Banks’ account that caused incorrect IP rights claims and the promo of another token, have additional added to its reducing market importance.

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