From RT.com…
Racing driver Brandon Brown may again face a funding crisis after NASCAR reportedly shot down his deal with cryptocurrency company LGBcoin to sponsor a “Let’s Go Brandon”-themed car.
After initially approving the new car design and later placing it under review, NASCAR officials have made a final decision to ban the LGBcoin sponsorship, Fox Sports journalist Bob Pockrass reported on Tuesday night. The ruling means Brown will need to find a new lead sponsor with only about six weeks remaining before the NASCAR Xfinity Series season begins in Daytona Beach, Florida.
LGBcoin HODLer and investor advocate James Koutoulas has vowed to sue NASCAR after the decision wiped out much of the firm’s market value, saying, “Now it’s war.” He claimed that the racing circuit had approved the sponsorship with only some design modifications and argued that the reversal likely came from an outside entity, such as President Joe Biden’s administration.
