In a series of prior posts, I followed an airdrop that really bothered me, as they had co-opted the name of an international company, did a bounty that was extremely poorly executed, and no one seemed to do anything to stop it.

I can now report that the web site of the failed effort, http://reedelsevier.digital, now redirects to the company whose name was coopted, RELX.

According to CoinRanking.com, the value of the bogus token fell from its high in the $3,50 US range to .01 US. The slide started the end of May, and hit a penny earlier this month. While I think that is still vastly overpriced, it means there is a market cap of $99,933, and those who foisted this travesty on the market are not holding millions of $ for nothing. There is still some movement on the token (https://bscscan.com/address/0x1430C804B8309FB38Aa4f6e953c2178c7fc62e34) but RELX has the web site, and no one has gotten rich, I hope.

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