Faraday Future founder and co-CEO Jia Yueting has publicly denied any involvement in the issuance of meme coins. In a statement on X, Jia clarified that neither he nor his affiliates, FF and CXC10, have ever issued or plan to issue any form of meme coin. He emphasized that any claims suggesting otherwise are false and reiterated his respect for meme culture and its creative spirit.
Earlier today, Jia posted a message saying "Drive Binance cars, enjoy Binance life," which led to a surge in the value of a related Chinese meme, "Binance cars," with its market cap surpassing $30 million.
Faraday Future's Jia Yueting Denies Involvement in Meme Coin Issuance
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