NASCAR Approves Then Suddenly Revokes Crypto Coin ‘LGBCoin’ Sponsorship of NASCAR Driver Brandon Brown

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By now, everyone knows the story of how the phrase “ Let’s Go Brandon ” started.The origin can be tracked back to an October 2 NASCAR race at the Talladega Superspeedway in Alabama where NASCAR driver Brandon Brown won his first Xfinity Series and was being interviewed by an NBC Sports reporter. During the interview,…

By now, everyone knows the story of how the phrase “ Let’s Go Brandon ” started.The origin can be tracked back to an October 2 NASCAR race at the Talladega Superspeedway in Alabama where NASCAR driver Brandon Brown won his first Xfinity Series and was being interviewed by an NBC Sports reporter.

During the interview, the crowd in the stadium was chanting “F*** Joe Biden!” It was impossible to not hear it and so the reporter lied to her viewers by saying that it sounds like the crowd was chanting, “Let’s Go Brandon!” because he just won his race.

The phrase then took off after it was picked up by conservative Trump supporters and has been used ever since as a cleaner way of insulting Joe Biden.Everyone who hears Let’s Go Brandon now knows what it really means.It’s a show of contempt for what the Biden administration has done to America and how the mainstream media covers for them as a sort of Praetorian Guard all the time.

Unfortunately, Brandon Brown, who had no part in the phrase being created or used, a man who isn’t political and just wants to drive his race car, lost his sponsors because of it.So, he won his first Xfinity Series race and then lost his sponsors.

Without sponsors, you can’t race.

Recently, James Koutoulas , an attorney and Founder and CEO of Typhon Capital Management, known as the White Knight of Wall Street for his passion for defending people who have been screwed over by big money brokerages, loved the idea of a crypto coin that would help Brown get a sponsorship.Accordingly, Koutoulas got involved with the new crypto currency called LGBCoin, symbolizing the Let’s Go Brandon phenomenon.You can learn all about the coin at LGBCoin.io .

“We are thrilled to partner with Brandonbilt Motorsports and Brandon Brown for the 2022 NASCAR Xfinity Series season,” said Koutoulas, LGBcoin HODLer.

“Brandon is not only an incredibly talented driver but also a thoughtful individual wise beyond his years.His commitment and singular focus on his profession is inspiring and his personal story is one that we can all be proud of—an American story of success and perseverance.Brandon is truly America’s Driver.”

The sponsorship was approved by NASCAR’s Dale Howell, Senior Manager Racing Operations.Notice of the approval went out on December 26.

LGBCoin then took off.Koutoulas was able to help LGBCoin negotiate a sponsorship of Brandon Brown for 33 races via the coin.Currently, there are over 10,000 holders of the coin.Some big names in conservative circles were pushing the coin, including names like The Daily Caller, Candace Owens, Ryan Fournier, and more.

Back in November, Owens took to social media to announce that she is “Finally into crypto,” and that she is “ALL IN” on the LGBCoin.

Finally into crypto and ALL IN on this Let’s Go Brandon coin.

Because, [#LetsGoBrandon] .[pic.twitter.com/HG3V9MI0gE]

— Candace Owens (@RealCandaceO) [November 25, 2021]

On December 30, Fournier shared a link to a story run by The Post Millennial pointing out that Brandonbilt Motorsports announced that LGBCoin would be their primary sponsor for their No.

68 car that Brandon Brown is driving during the 2022 NASCAR Xfinity Series season.

Brandonbilt Motorsports team made the sponsorship announcement in a press release , saying that the Cryptocurrency Meme Coin LGBCoin.io has announced that they would be the full season primary partner for Brandonbilt Motorsports in the 2022 NASCAR season.

𝔻ℝ𝕌𝕄 ℝ𝕆𝕃𝕃 please : Number 68 [@NASCAR] driver [@brandonbrown_68] endorses [@LGBcoin_io] , America’s Coin! [#letsgobrandon] [#letsgoamerica] [pic.twitter.com/fzqKyG8n6y]

— Let’s Go Brandon Coin ($LGB) (@LGBcoin_io) [December 30, 2021]

The LGBCoin website explains the coin as “A decentralized meme token inspiring positivity and patriotism, grounded in a strong belief in the American dream and the principles of freedom.” We can use more of that.

Things were going well since the coin’s creation.The coin was gaining momentum.NASCAR’s sponsorship approval rallied $280 million in 24 hours.The sponsorship for Brown became a reality.LGBCoin.io skyrocketed and allowed the owners to donate to charities.The coin donated $50,000 to veterans when it skyrocketed in November.At the time, according to CoinMarketCap website, Let’s Go Brandon Coin ($LGB) had a market cap of over $55 million, which was an incredible feat for a new coin.

The concerns of Dave Howell for the paint scheme on Brandon’s Chevrolet Camaro were taken care of and NASCAR was notified of compliance.

All was in order for the sponsorship.The coin did not depict any images or likeness to anyone.

And then, on Tuesday, January 4, NASCAR revoked the sponsorship.

There was no reason given.NASCAR’s minions on social media started saying that the coin and the team jumped the gun on the announcement, but when you have it in writing by NASCAR’s Senior Manager Racing Operations that they approved the sponsorship, you get to make your announcements.

A lawsuit is pending as NASCAR’s move is not only hurting Brandon Brown’s sponsorship and ability to race, but it is also allegedly harming over 10,000 holders of the coin.These are real people who have invested in LGBCoin.io.Their decision to revoke the sponsorship is also hurting charities.Does NASCAR want to be known as the sports entity that harms veterans’ charities? Go woke, go broke, anyone?

The question is, who got to them? Who allegedly intervened and told them to revoke the coin’s sponsorship? Who made the decision?

If NASCAR says it’s because of the phrase Let’s Go Brandon, then you have to ask what the values of NASCAR have become when cars are allowed to show BLM painted on them but not a coin that doesn’t cause or stand for violence to anyone.

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While that’s all being worked out, you can still buy the coin.It’s not going anywhere and its mission to continue donating to veterans’ charities continues.If you are interested in purchasing the coin go to https://lgbcoin.io .

Rich is a conservative syndicated opinion writer and runs Maga-Chat.com.He writes about politics, culture, liberty, and faith.

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