Latoken’s Twitter account started out publishing accusations of scams and mistreating employees.
The Twitter account of the Russian crypto exchange Latoken appears to have been breached with the aid of a hacker who began posting allegations that the change is a scam. According to the posts, the alternate is advertising “scam IEOs” and misleading its customers.
WARNING – THIS IS A SCAM EXCHANGE
They are promoting scam IEOs.
They are promoting IEOs promising growth of 100% to 500%.
They are cheating and lying to founders and employees.
They are misleading founders to think they will have successful IEOs while it never happens.
— LATOKEN (@latokens) January 24, 2022
The profile image of the account was once additionally modified into a rip-off warning image, whilst the Twitter page’s bio was once edited to “LATOKEN is the leading SCAM platform!” According to the hacker, the alternate treats personnel unfairly and also fires employees for no reason.
The hacker has also accused the trade of deliberately trying to “scam cash out of projects” and promising 100%–500% growth without delivering. The hacker additionally referred to as Valentin Preobrazhensky, the founder of Latoken, a “liar” and a “face seller.”
Apart from Latoken, the legit Twitter of LADEX, the company’s decentralized trade undertaking used to be also compromised. The hacker posted a video of an on line meeting showing the Latoken CEO screaming curses at anyone in the call.
The hacker additionally highlighted Trust Pilot’s assessment on Latoken, which is solely two out of five stars. However, a warning message in Trust Pilot says that the web page detected misuse on Latoken’s page, mentioning that it has detected a variety of faux reviews.
In response to the incident, Latoken’s professional Telegram account posted an replace telling its customers about the hack. The change stated it believes the accusations to be the act of a “disgruntled employee” and that its group is in contact with Twitter help to restoration the problem.
Disclaimer: These are the writer’s opinions and should not be considered investment advice. Readers should do their own research.