The post Why BELIEVE Token Crashed More Than 99% Today? appeared first on Coinpedia Fintech News
BELIEVE token is back under pressure, dropping nearly 19% in a day as serious legal charges against its founder, Benjamin Pasternak, shake already fragile market confidence.
According to New York Criminal Court records, Pasternak has been charged with second-degree strangulation and assault, with a court appearance scheduled for June 11. The timing couldn’t be worse for a token that has been struggling to maintain relevance.
Pasternak is facing serious charges, including a felony that could lead to at least 2 years in prison, along with fines and restitution. He also faces a misdemeanor assault charge that could carry up to 1 year in jail. The case is tied to an alleged domestic incident, and he has pleaded not guilty ahead of his court hearing.
From Viral Boom to Near Wipeout
The latest drop is only a continuation of a much larger breakdown. BELIEVE, once trading at $0.35
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