Ben Pasternak
Coverage of Ben Pasternak in the Nexus archive.
- Crypto Faces a New Challenge… Streamers
A streamer named 'thebuilder' was banned from Kick for toxic behavior but launched a memecoin on a blockchain platform, earning more than his previous career. This trend highlights challenges in regulating memecoins, as creators exploit permissionless blockchains to sustain provocative content while attracting investor funding. Regulators face difficulty controlling these dynamics due to the financial alignment between creators and token holders.
- i genuinely cannot believe this is a real person’s life trajectory
Ben Pasternak, an Australian entrepreneur who dropped out of school at 15 and became a teen prodigy in Silicon Valley, founded a successful vegan chicken company that was sold for $50 million. He later launched multiple crypto tokens, including 'Believe,' which collapsed, leading to a class action lawsuit and his subsequent arrest. The vegan company was well-received, but his post-sale ventures have been marred by legal and financial failures.