Meme Coin $ROSS Sparks Controversy After Major Loss by Ross Ulbricht

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The space of cryptocurrency is no stranger to speculation with a high risk, but the recent launch of $ROSS—a meme coin with a total supply of 1 billion tokens—has set off a controversy. The token—named after the not-so-illustrious founder of “Silk Road,” Ross Ulbricht—was allocated in a truly unique (but iffy) way: 50% of the supply went directly to Ulbricht’s wallet. Some saw this as a lovely tribute to Ulbricht (who might otherwise have received no support while in prison) and as an instance of financial help for him. Others raised a lot of ethical concerns. Should the “meme coin”

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