Coinflex USD, a stablecoin heavily promoted by Doug Polk, is now trading at $0.82 and had had withdrawals paused. Not good. It isn't clear if Doug bought in, or simply received promotional coin to plug them.

The situation is not his fault, but obviously not the best look at the moment.

Doug does not appear to be in a management position with the coin. It was a stablecoin where you "earn interest every 8 hours", which of course was a bit suspect regarding long term viability.

https://gizmodo.com/coinflex-voyager...1849101954/amp

https://twitter.com/dougpolkvids/status/1540138826584186880