The spokesman for the crypto group told USA TODAY Sports that was not the intention. He said a group of crypto enthusiasts and traders launched Green Dildo Coin (DILDO), a meme coin intended to be lighthearted and perceived as a joke, in late July to protest what they describe as a "toxic" environment in the crypto world. According to the group, many smaller players in the space are struggling to keep up with the influx of influencers and scammers.

USA Today Sports

This article originally appeared on Hoops Hype: The spokesman for the crypto group told USA TODAY …

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