The Miss Universe Organization has denied any association with the Miss Universe Coin project announced at the Philippine Blockchain Week (PBW) event held earlier this month. PBW said they are in contact with all parties involved and will issue an update soon.
Earlier this month, a project called Miss Universe Coin was announced on PBW. Donald Lim, founder of the organization that manages PBW, saying during the event in which the PBW will โlaunch the Miss Universe Coin.โ However, weeks after the announcement, the official organization behind Miss Universe denied any association with the coin project and called it a fraud.
On September 22, the official Miss Universe Facebook page Announced that the Miss Universe Organization and JKN Global Group, the company behind the pageant, are not associated with the coin project that was unveiled at the PBW event. According to the organization, it will pursue โall legal options regarding this violation.โ
โThere is currently no Miss Universe cryptocurrency or blockchain offering, and these products are in no way involved with the voting or selection process for the Miss Universe or Miss Universe Philippines pageants,โ they wrote.
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In a statement sent to Cointelegraph, a representative of the Miss Universe Organization stated that the Miss Universe Coin is a "fraud" and they hope to see more announced at other events around the world. โWe suspect that people may be planning to mention this at the upcoming blockchain conferences in Dubai and Singapore. If you see it there, please do not cover it, it is a fraud,โ they said.
- Philippine Blockchain Week (@philblockchain) September 24, 2023
In a statement on X (formerly Twitter), PBW said they are currently in contact with all parties involved and will announce an update as soon as possible. Cointelegraph contacted Philippine Blockchain Week but did not receive an immediate response.