Who says there’s no etiquette in the crypto space?
Luo Yonghao @luoyonghao threw down the gauntlet to CZ @cz_binance and Zhao,
but now the $LuoYonghao token has been soft delisted and turned into ***,
with its market cap plummeting from $3M to just $62K.
This is a gray area between decentralized & centralized,
a bunch of celebrity meme coins riding the hype,
that have morphed from pure MEME elements into copyright infringement messes,
and on-chain, it’s not even a real listing → wallets can trade → if something goes wrong, who’s to blame?
Luo Yonghao has pinpointed this loophole.
From now on, anyone thinking of launching a meme coin with a celebrity’s face,
better think twice,
what if they happen to be WeChat buddies with CZ? 🥹
Luo Yonghao @luoyonghao threw down the gauntlet to CZ @cz_binance and Zhao,
but now the $LuoYonghao token has been soft delisted and turned into ***,
with its market cap plummeting from $3M to just $62K.
This is a gray area between decentralized & centralized,
a bunch of celebrity meme coins riding the hype,
that have morphed from pure MEME elements into copyright infringement messes,
and on-chain, it’s not even a real listing → wallets can trade → if something goes wrong, who’s to blame?
Luo Yonghao has pinpointed this loophole.
From now on, anyone thinking of launching a meme coin with a celebrity’s face,
better think twice,
what if they happen to be WeChat buddies with CZ? 🥹
