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Bonkguy Endorses Arc Launchpad Long.supply, Admits ‘Research Was Lacking’ After Backlash

Meme trader Bonkguy said he was paid nothing for a post backing Long.supply, an Arc Chain launchpad, after buying several thousand dollars of its LONG token and top memecoins ahead of Arc’s mainnet launch. Critics said the platform runs a centralized bridge that could be shut down at any time and issues stock tokens not authorized by Robinhood or Circle, with OpenAI and Anthropic pre-IPO tokens issued by an unknown firm, RobinVista.

Original source

AI take

The disclosure matters more than the endorsement: a paid-nothing post after a personal position is exactly the ambiguity disclosure rules are meant to resolve, and "research was lacking" concedes the diligence gap without addressing the structural critique. The sharper issue is the token design — an unauthorized bridge plus stock-linked tokens from an unidentified issuer — which puts the risk on holders rather than the promoter. Whether Arc Chain or the named brands respond, and whether the launchpad's bridge arrangement changes, is the open question.

Generated by AI for reference only.

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