Skip to main content
The homepageLame loses his sparkle - Breaking News | Latest Updates TodayThe Verge logo.
The homepageThe VergeThe Verge logo.
Posted
T
External Link
Thomas Ricker
Lame loses his sparkle.

TikTok star Khaby Lame sold his personal brand to a small, relatively unknown company called “Rich Sparkle Holdings.” Instead of handing him $975 million in cash, they paid him in stock. Fans piled in, causing the price to skyrocket, briefly making Lame a paper billionaire (several times over) before the price plummeted. It’s now looking suspiciously like a “pump-and-dump” scheme, causing trading apps to freeze the stock. 🤷‍♂️

Follow topics and authors from this story to see more like this in your personalized homepage feed and to receive email updates.
Comments
Loading comments
Getting the conversation ready...

Most Popular

Most Popular
  1. It’s not just LG. Every TV company is spying on you
  2. OpenAI and Microsoft knew they were starting a ‘doom loop’ for the web
  3. Gemini went rogue, hacked three companies, and Google hid it
  4. The 2.5-hour AI-generated Odyssey movie is 2.5 hours too long
  5. Meta’s Muse is creepy, but maybe not for the reasons you think

More in Tech

Gemini went rogue, hacked three companies, and Google hid itGemini went rogue, hacked three companies, and Google hid it
The AI regulation smackdown isn’t overThe AI regulation smackdown isn’t over
It’s not just LG. Every TV company is spying on youIt’s not just LG. Every TV company is spying on you
OpenAI and Microsoft knew they were starting a ‘doom loop’ for the webOpenAI and Microsoft knew they were starting a ‘doom loop’ for the web
Security researchers used Claude to help them hack into OpenAISecurity researchers used Claude to help them hack into OpenAI
This cartridge-playing Game Boy clone is smaller and cheaper than Analogue’s PocketThis cartridge-playing Game Boy clone is smaller and cheaper than Analogue’s Pocket

Top Stories