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Arthur Hayes disowns fake FLOP tokens as real airdrop stays months out
Aug 22, 2026
< 1 min read
by Hannah Collymore
for CryptoPolitan
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AI Overview
On Saturday BitMEX cofounder Arthur Hayes said Flop Labs has issued no token, run no pre-sale and released no memecoin, warning that any asset trading under the FLOP name is not genuine. The advisory highlights security and token authenticity risks for traders and DEX/CEX markets, dampening adoption and signaling caution around FLOP listings and related fundraising claims.
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Arthur Hayes, the cofounder of the crypto exchange BitMEX, clarified to his audience on Saturday that Flop Labs has issued no token, run no pre-sale, and put out no memecoin. He warns that anything trading under the FLOP name today is not the genuine token. Is the $FLOP token trading yet? Arthur Hayes, the cofounder...
