The UFC fighter’s manager, Majdi Shammas, said his client did not make the decision to promote the coin and the deal only allowed for a single promotional video.
UFC fighter Khamzat Chimaev “wasn’t involved” with the SMASH memecoin and “[knows] just as little as you do,” Chimaev’s manager, Majdi Shammas, said in a July 7 X post. Shammas claimed he had decided to promote the coin without the fighter’s input after “[he] was approached by a group claiming to be fans” of Chimaev.
The statement comes a few days after onchain sleuth ZachXBT accused the SMASH development team of buying up 78% of the coin’s supply in an apparent attempt to perform a pump-and-dump.
Memecoin SMASH is a separate project from privacy coin SmashCash, which uses the same ticker symbol.