Key Takeaways
- The cover of a Vietnamese children's magazine has drawn comparisons to Chill Guy, sparking accusations of plagiarism on Crypto Twitter.
- Chill Guy's market cap has dropped to $172 million as the meme fades and new narratives take over.
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The Chill Guy meme coin, which once had a market high of $790 million, is now under controversy as allegations of plagiarism.
Vietnam children's magazine cover appeared on Xwith a boy hitting a pose and a dog with a head very similar to the viral Chill Guy meme.
This discovery has many questioning whether creator Phillip Banks accepted the artwork.
The accusations gained momentum on Crypto Twitter, where users circulated the magazine's image widely, fueling a debate about ChillGuy's stolen art from the Vietnam magazine.
In response, Banks addressed the claims in s post on X“Vietnamese children's magazine reposted CGWLKDGAF,” dismisses critics and claims his work is the original.
Confirming that a Vietnamese children's magazine reused Banks' art, Coin68, a Vietnamese crypto publication, show up that the magazine's cover artist drew inspiration from Banks' ChillGuy artwork.
In a Coin68 report, a series of tweets revealed that someone used Banks' art to create a cover for an issue of a children's magazine.
A user on X, named “Behind Blue Eyes,” confirmed that he drew inspiration for the artwork from Phillip Banks' Chill Guy meme.
The user also shared on X that the magazine containing the allegedly stolen art was scheduled to be published on December 27, 2024.
At the time of writing, the market cap of the Chill Guy meme coin has fallen to $172 million, continuing its decline as new reports and controversies replace its top spot on Crypto Twitter.
Earlier faults, including Hacking incident on Banks account that has led to false claims about IP rights and other brand promotion, adding to the diminishing market relevance.
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