Official Organization Calls Coin Project a Fraud
The Miss Universe Organization has denied any association with the Miss Universe Coin project that was announced at the Philippine Blockchain Week (PBW) event earlier this month. The organization behind the Miss Universe pageant took to Facebook to announce that they are not involved with the coin project and called it a fraud.
No Miss Universe Cryptocurrency or Blockchain Offering
The Miss Universe Organization clarified that there is currently no Miss Universe cryptocurrency or blockchain offering, and these products have no involvement in the voting or selection process of Miss Universe or the Miss Universe Philippines pageants. The organization plans to pursue legal action against this infringement.
Fraud Expected to be Announced at Upcoming Blockchain Conferences
A representative from the Miss Universe Organization stated that they suspect the Miss Universe Coin project will be announced at upcoming blockchain conferences in Dubai and Singapore, warning people not to cover it as it is a fraud. They anticipate further announcements and urge caution.
Philippine Blockchain Week in Contact with All Parties
The Philippine Blockchain Week (PBW) stated that they are currently in contact with all parties involved and will provide an update as soon as possible. Cointelegraph reached out to PBW for comment but has not received an immediate response.