Chinese Entrepreneur Calls Out Binance Wallet, Crypto Traders, Scammers, over Meme Token Listing
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4 Articles
Key Points of the News: Chinese entrepreneur Luo Yonghao formally requested Changpeng Zhao to remove a cryptocurrency meme that uses its name and image without prior authorization. The platform infrastructure restricted the visibility of the token in the search results, also modifying the name of the asset by hidden characters. Network records confirm that the smart contract remains active in the blockchain, allowing access through direct links.…
Chinese entrepreneur calls out Binance Wallet, crypto traders, scammers, over meme token listing
A Chinese entrepreneur is in a very public round of terse exchanges with Binance Wallet and the broader crypto space, demanding that the exchange delist a meme token using both his name and profile picture without permission. Binance Wallet has responded by blocking the token from search results, but the asset remains present on the blockchain, much to Luo Yonghao’s frustration. And the volley of snide comments via posts on his X profile has no…
According to ChainCatcher, Binance Wallet appears to have blocked the Meme coin with the name "Luo Yonghao," and it is no longer searchable. ChainCatcher previously reported that Luo Yonghao publicly criticized Zhao Changpeng on social media, stating, "Recently, a cryptocurrency named 'Luo Yonghao' (using my image as its logo) has been trading on the Binance exchange. Although it hasn't officially entered the 'Exchange' tab yet, but is only in t…
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