CryptoNews

Hollywood Hijinks: Crypto Promoter Arrested After Daring Stunt

Hollywood Sign: Crypto Promoter Arrested After Daring Stunt

A man was arrested after climbing the Hollywood sign and waving a flag promoting the Vigilante token cryptocurrency.

Vigilante Token Launched in ‘Most Viral’ Way

On Feb. 15, the Los Angeles Police Department confirmed that officers detained a man seen atop the Hollywood sign waving a flag promoting a cryptocurrency. The department said the flag displayed the name of the cryptocurrency — Vigilante token — along with the website and social media account of the company behind the token.

According to a report, it took officers, who had taken precautions including having an ambulance on standby, less than two hours to apprehend the man. The unidentified man was wearing dark clothing, including a ski mask, when he was arrested. As noted in the KTLA report, the dangerous act had been planned by Vigilante.

In a post on X a day before the stunt, Vigilante hinted at a token launch that would draw attention.

“On Feb. 15, 2025, we’re launching our Vigilante Token in the most viral way you’ve ever seen. We’re fully committed to holding our tokens and pushing for billions in market cap. The journey doesn’t stop after launch — we’ll be rolling out bigger-than-ever promotional events to keep the momentum strong and amplify the Vigilante Movement,” the company wrote.

Hollywood Hijinks: Crypto Promoter Arrested After Daring Stunt

While the fate of the man performing the stunt was unknown at the time of writing, the act appeared to have helped the token gain traction. Data shows the token surged by more than 60,000% just moments after the stunt, briefly seeing its market capitalization rise to $5.5 million. However, less than 24 hours later, the token’s price had tanked by 99.5%.

Still, in a series of posts on Feb. 16, the Vigilante team appeared unperturbed by the reversal in the token’s fortunes. In one post, the organization vowed to perform another “huge precursor” event before the next big event.

Source: Bitcoin

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