Khabib Nurmagomedov backs meme coin for Conor McGregor victims
- Conor McGregor was found guilty of sexual assault by a civil court jury in Dublin, Ireland, and ordered to pay €250,000 in damages.
- Khabib Nurmagomedov publicly supported a meme coin called CONVICT, aimed at raising funds for McGregor's victims.
- This situation highlights the changing public perception of McGregor and the controversial nature of cryptocurrency projects like CONVICT.
In Dublin, Ireland, a civil court jury recently found Conor McGregor guilty of sexual assault, stemming from an incident that occurred at a hotel in December 2018. As a result of this verdict, McGregor was ordered to pay nearly €250,000, or roughly $263,600, in damages to the victim. The ruling led to significant backlash against the Irish MMA fighter, with his representation and stature within the fighting community taking a notable hit. One symbolic gesture of this backlash included the removal of his wax figure from the National Wax Museum Plus in Dublin, indicating a public sentiment that is turning against him. In response to the situation, mixed martial arts legend Khabib Nurmagomedov lent his support to a satirical meme coin referred to as CONVICT. This project aims to raise funds for the legal fees of McGregor's victims. In a social media post, Nurmagomedov praised the initiative, asserting, "Good job guys, you have my full support, this guy deserves punishment." He is known for his strong views on integrity and sportsmanship, which adds weight to his endorsement of this controversial cryptocurrency endeavor. The CONVICT coin operates on the Solana-based decentralized exchange, Raydium, and has gained some traction in the cryptocurrency market, with a valuation that recently peaked at approximately $336,370. However, it faces challenges such as low liquidity—around $82,900—making it susceptible to sharp price fluctuations. Its lack of listing on mainstream cryptocurrency exchanges raises further concerns about its viability and the potential risks for investors. Nurmagomedov's involvement is not his first connection to cryptocurrency ventures, as last year, he faced accusations related to promoting a potential cryptocurrency scam associated with a non-fungible token (NFT) project. This history places his current endorsement of the CONVICT coin under scrutiny, as some observers may question the project's legitimacy given his controversial past association with cryptocurrency enterprises. The dynamics of public opinion regarding both Khabib Nurmagomedov and Conor McGregor continue to evolve amidst these developments in the MMA landscape.