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Normie Memecoin Project Fires Intern Over Offensive Video

June 11, 2024
in Crypto News
Reading Time: 2 mins read
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Normie, a prominent memecoin based on Coinbase’s native blockchain Base, has fired an intern for posting an offensive video on the project’s official X handle. 

The promotional video, depicting a blue-skinned cartoon chef with heavily exaggerated full lips, sparked widespread outrage and disapproval from the crypto community. The team at Normie has apologized for the controversial video.

Normie Fires Intern After Backlash

Normie clarified in a post that the video’s intended message was to convey that there is always a way out, even when everything is coming at you, and that positive change begins with oneself. The team also acknowledged that the video unintentionally triggered a highly sensitive topic. The team put a post on Normie’s official X handle stating, 

“After careful consideration and internal reflection, we have decided to remove our last video. The intended message was to demonstrate that there is always a way out, even when everything is coming at you, and that positive change begins with oneself. It was never our intention to trivialize a sensitive topic. We sincerely apologize to anyone who was offended by the content. We are committed to ensuring that this does not happen again. The intern who posted it has been fired. Stay based.”

Users Question Decision

However, not all users were impressed with the decision, stating that the intern only posted the video and was being made a convenient scapegoat. One user commented that Normie should be firing the individual who was helping the intern and allowed the video to be posted. 

“How is this the intern’s fault? Did he make and post the whole video himself? Did your team not approve it? Fire whoever should’ve been helping the intern and allowed that to happen.”

In its response, Normie explained that they did not intend to hurt anyone or trivialize a highly sensitive topic. 

“There is always a way out, even when everything is coming at you, and that positive change begins with oneself. It was never our intention to trivialize a sensitive topic.”

Normie’s Recent Hack

Last month, the Normie memecoin project suffered a major smart contract exploit that led to hackers stealing 225 ETH, worth $881,686 at the time, of user funds. The exploit also led to a $47 million plunge in the NORMIE token’s market capitalization in a matter of hours. After negotiations with the hacker, the Normie team accepted the hacker’s offer of returning 90% of the stolen NORMIE tokens. However, the hacker put forward a condition that Normie use the stolen funds and the $2.3 million in its development wallet to launch a new token to reimburse NORMIE holders. 

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“Exploiter, we accept your offer to return 90% of the exploited $ETH. You may keep 10%, no reprisals.”

On June 7th, Normie announced that 192 ETH stolen during the hack had been recovered, and the token launch at its new address had been completed.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Credit: Source link

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