THELOGICALINDIAN - Increasingly ambiguous cryptocurrencyexchange LAToken is currently advertisement an IEO purportedly run by Elon Musk for SpaceX Although this would be abounding a techfans dream afterpiece analysis reveals that this is absolutely false
No, Elon Musk Is Not Launching A SpaceX IEO
The behind Initial Exchange Offering was accent in a tweet by Cointelligence CEO, On Yavin. On LAToken’s IEO Launchpad, the relevant page appearance an anchored YouTube video of the SpaceX Falcon Heavy, forth with added capacity of the IEO.
The basal asset is admired at $36 billion, key investors of SpaceX are listed, forth with the SpaceX administration team. Elon Musk is listed as founder, advance designer, CTO, and CEO. At the basal of the page, the SpaceX Twitter augment is embedded.
Which would be fine, if SpaceX were complex with the barrage of this IEO… but they’re not.
In a clandestine account with Bitcoinist, On Yavin added,
Disingenuous, To Say The Least
The USPX badge is absolutely actuality launched by Unicorn Equities, who’s administration team, asset value, and investors are not included. Unicorn Equities plan to access an bearding cardinal of SpaceX shares with the funds raised, which will again anatomy the equity. SpaceX shares are not about traded, so it is adamantine for the accepted accessible to access them.
The folio is acutely advised to accomplish abeyant audience anticipate that this IEO is SpaceX sanctioned, and Elon Musk managed. Whilst there is no advancement that LAToken supplied this information, it is at the actual least, abundantly amateurish for the barter not to vet the advice provided by clients.
LAToken has faced criticism in the past, actuality accused of aggregate from carelessness to absolute fraud. Cointelligence rates the exchange at a not-at-all impressive, 3.88, scoring it a average 1.0 for ‘trust’.
Elon Musk has long apparent an interest in cryptocurrency, and was alike voted in as CEO of DogeCoin after his knowledge. However, he is not currently accepted to accept fabricated a absolute advance in the space.
What do you accomplish of this ambiguous LAToken IEO? Add your thoughts in the animadversion area below
Images via CNBC, Twitter @on_yavin
