The creator of $PSYOP memecoin has accused another individual of copying his token, while an independent media studio has labeled the token a scam. The creator, Twitter user eth_ben, claims that another user named @3orovik has launched a separate $PSYOP token with the same name. Both parties deny any SEC investigation, but the token has been criticized for its lack of substance and integrity. The media studio named Psyop has distanced itself from the token and called it a "scam from top to bottom," alleging that related spam accounts are infringing on its brand's content.