CyberFM Announces Proactive Delisting From LAToken Exchange

CyberFM Announces Proactive Delisting From LAToken Exchange

Distributed Ledger Performance Right Organization has identified some red flags, trends and internal LA Token staff conversations, that mimic the same actions as IDAX, which as we know, are officially defunct due to an exit scam.

James Tylee, of DLPRO said, “Due to concerns of LAToken’s ‘financial future,’ we have decided to proactively and formally ask to delist both CYFM and MFTU. Since the actions match that of IDAX, we need to protect our users first and foremost.”

“2020 and the next decade is about putting USERS over MONEY in terms of real value, we simply cannot allow for our most important aspect (the users) to be taken advantage of by another exchange again.” he continued.

DLPRO logs and monitors all conversations with Exchanges on a permanent basis. This is used for a multitude of reasons including auditing, progress monitoring, as well as relationship building and maintenance. We try our best to consistently and proactively gauge the health of our community and their concerns.

This is not a decision that is to be taken lightly. Some supported research from https://www.reddit.com/r/LAToken/ which specifically includes https://www.reddit.com/r/LAToken/comments/c2x630/latoken_scams/ combined with knowledge and discussions with LAToken staff within our own community is what ultimately led to this decision. We cannot speak on internal discussions as NDAs (enforced by Exchanges) take priority.

A tertiary decision, after some auditing, raises a questionable $5389 in Volume on the ETH Trading Pair while simultaneously hiding the one trading pair of CYFM at LAToken. This same action with the MFTU token has yet to occur. This is also similar to a recent IDAX situation where the CEO of IDAX currently has ran away with 4,000,000,000 CYFM Tokens.

Published at Wed, 25 Dec 2019 19:50:29 +0000

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