Remember that guy from Barstool Sports? Well, his crypto ventures have turned into a pure nightmare for investors. It started out wild: in February, he launched JAILSTOOL, promised to hold his position, and then sold for a profit of more than 118 thousand dollars on Solana. The token fell by 80% within just a few hours. Dave Portnoy seems to be testing the patience of the crypto community on purpose.

Then came the story with LIBRA. Portnoy received millions of tokens as part of a promotion, but when he realized he couldn’t talk about it honestly, he returned them to the creator. Sounds noble? Not really. He still bought LIBRA himself and lost more than 5 million on it. But then Argentine President Milei stepped in, suddenly endorsing the token on X. The price surged, then crashed by 95%, wiping out 105 million in liquidity. Milei quickly distanced himself, and the opposition called for impeachment.

Dave Portnoy didn’t stop. A day after the LIBRA collapse, he launched GREED. According to LookOnChain, he bought 35% of the tokens, then sold everything in a single transaction. Result: a 99% drop—one investor lost 101 thousand dollars in less than three hours. Portnoy tried to justify himself, saying he had already warned that he might sell.

Then it was GREED2’s turn. It rocketed to a capitalization of 28 million, then fell below 375 thousand. The community was furious: how can scam tokens be launched one after another? Even with 200 million in his pocket, he still finds time to cheat retail investors out of pennies. The cycle repeats, losses grow, and trust in the crypto community keeps dropping even lower. This isn’t just bad publicity anymore—it’s a pattern.