Believe Founder Arrested, Charged with Second-Degree Strangulation and Third-Degree Assault

BlockBeats News, April 23rd, according to the New York Criminal Court, Believe founder Ben Pasternak was arrested and charged with second-degree strangulation and third-degree assault. According to the website, he has pleaded not guilty and will appear in court on June 11th.

Data shows that BELIEVE's market value on the first day of trading once reached $142 million, but after a few days, it plummeted and then began a one-way decline. The token price almost approached zero, possibly due to this incident. BELIEVE's price dropped another 24% in the 24 hours following the incident, and the current market value is only $900,000.

Ben Pasternak had previously faced lawsuits for alleged RUG activities.