The second, more serious allegation involved a memecoin. In early 2024, Loonie launched a token on the Solana blockchain named . He promised that Hi-C would "burn" (destroy) a percentage of the $HI-C token to create scarcity.
The "Loonie and Hi-C scandal" refers to the controversial arrest and subsequent legal battle involving two of the Philippines' most respected hip-hop figures: and his close collaborator, Hi-C (real name Christopher Hao) . loonie and hi c scandal
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