According to AltcoinGordon on Twitter, Adin Ross publicly criticized the LA Vape Cabal, stating that 'all those crypto kids are nowhere to be found, they stole millions of dollars from innocent people' (source: AltcoinGordon, Twitter, April 29, 2025). This statement draws attention to recent concerns about fraudulent crypto schemes in the Los Angeles area, where alleged project founders have disappeared with investor funds. For traders, this serves as a cautionary signal to conduct rigorous due diligence on new projects, particularly those lacking transparency or verifiable leadership. The incident underscores the ongoing risks associated with investing in unregulated crypto ventures and highlights the need for robust risk management strategies.

According to AltcoinGordon, Adin Ross experienced a drastic loss, turning $50,000 into just $20 through an investment in MLG. This highlights the volatile nature of cryptocurrency investments and the potential for significant losses.

According to AltcoinGordon, the recent decision by Adin Ross to cancel his coin launch after facing backlash highlights a shift in market sentiment. This decision comes at a time when investors are wary of being used as exit liquidity by influencers, suggesting increasing market skepticism and a possible nearing of market bottom [source: AltcoinGordon]. The sentiment suggests traders should prepare for potential upward movement as the market recalibrates.