Colby Covington condemned Khamzat Chimaev’s involvement in a cryptocurrency scam that reportedly ripped off his fans to the tune of a million dollars.
Ahead of Chimaev’s return to the Octagon at UFC 308 in October, ‘Borz’ was embroiled in controversy after he had advertised a meme coin called SMASH, named after his popular “smash” or “smesh” catchphrase. Chimaev hyped the coin on his social media channels which prompted the value of the coin to grow exponentially. 24 hours later, the value plummeted to zero, leaving many fans feeling like they’d had the rug pulled out from under them.
Shortly after, Chimaev’s manager Majdi Shammas took full responsibility, claiming that he had encouraged Chimaev to record the videos, but didn’t do enough research to ensure that the company they were working with was legit.
Colby Covington isn’t buying that excuse.
“Dude, he’s an absolute scumbag. The fact that he rug-pulled all his fans—that’s the most disgusting act I’ve ever seen in MMA. Him and Khabib, …