
According to New York Criminal Court records, Believe founder Benjamin Pasternak faces suspected second-degree strangulation and assault charges and a lawsuit tied to an alleged rug pull, while BELIEVE remains near post-collapse levels.
Believe founder Benjamin Pasternak was arrested on suspected second-degree strangulation and assault charges, according to New York Criminal Court records, with a court appearance scheduled for June 11. The reporting also says he is facing a lawsuit or prior accusation in New York tied to an alleged multimillion-dollar rug pull scheme. BELIEVE was previously cited as trading near $0.00075, down more than 99% from its May 2025 high of $0.3569.