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Author Topic: Is LAToken Exchange an exchange for listing Scam tokens ?  (Read 609 times)
Camren (OP)
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December 13, 2018, 07:38:30 AM
Last edit: January 08, 2019, 08:33:13 AM by Camren
 #1

365dailycrypto a leading Cryptocurrency News Website sheds light on the Arrest Warrant of NKD Technology Founders Marco Robinson & Malvindran Ganesh.

Click below link to see Press Release

https://drive.google.com/open?id=1JpDkOWhp4ZI-6j0dSFUlLjmMKpx1R3AI

https://youtu.be/0BKNeaTTqsI

LAToken recently listed NKD Technology tokens on their exchange whose founders Marco Robinson and Malvindran Ganesh are wanted by police, where is the due diligence of the compliance team

https://drive.google.com/open?id=1QUKq6boxe6lhjArvFZttdO2vv-UX5nO9

Click above and below for court & police documents.

https://drive.google.com/open?id=1iDOY2caFonjGt85Thr6uiYA2VDhp0rep

Also see below Sell is disabled on LAToken Exchange, Majority of Investors cannot sell Nkd tokens on LAToken Exchange in countries where marco and malvin both founders have sold the tokens.

https://drive.google.com/open?id=1FK6uFkIrt5OnGRzaYCG8E3Q7bCUPXN0v

if you click on the below link it shows list of fraud and scam companies in malaysia and marco robinson is one of them

http://www.bnm.gov.my/index.php?ch=en_announcement&pg=en_announcement&ac=541&lang=bm

LATOKEN Exchange  has very bad reviews www.trustpilot.com/review/www.latoken.com
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FulaerJI
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December 18, 2018, 04:30:14 PM
 #2

The vast majority of existing digital currency exchanges are partners of fraudsters.

These exchanges may be intentional, perhaps unintentional.
Because the well-known exchanges have reached a monopoly position, the small exchange platform has some unscrupulous means to obtain income.


RTFINEX, a US real-time digital currency exchange, seeks quality blockchain projects.
cryptomaster420
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December 18, 2018, 04:32:09 PM
 #3

LAToken is a fake volume exchange.
They don't necessarily look for scam tokens to list.
But legit token teams wouldn't pay to get listed on that exchange.
Not sure why anyone would create a profile there.

IlVeroNico
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December 18, 2018, 04:33:48 PM
 #4

Exchanges will always try to earn money (especially in a less regulated market as crypto), even if they go against the interest of the users.

Always check yourself the project before investing, even if it is on famous exchanges

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December 18, 2018, 04:39:00 PM
 #5

As far as i know latoken and the main people behind it are legit and they are trying to develop a big platform for everything related to crypto, exchange is just one part and that is already working, as far as listings are concerned i do agree that recently they have listed poor quality projects and some of them lacked transparency, project development, activeness and also the lack of any support still latoken has listed such tokens which is not a good strategy.

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herurist
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December 18, 2018, 04:47:37 PM
 #6

Coincryptoz a leading cryptocoin News Website sheds light on the Arrest Warrent of NKD Technology Founders Marco Robinson & Malvindran Ganesh.

Click below link to see Press Release

https://www.coincryptoz.com/8579/alleged-naked-technology-ico-scam-results-in-founders-arrest-warrant/

https://youtu.be/0BKNeaTTqsI

LAToken recently listed NKD Technology tokens on their exchange whose founders Marco Robinson and Malvindran Ganesh are wanted by police, where is the due diligence of the compliance team

https://drive.google.com/open?id=1QUKq6boxe6lhjArvFZttdO2vv-UX5nO9

Click above and below for court & police documents.

https://drive.google.com/open?id=1iDOY2caFonjGt85Thr6uiYA2VDhp0rep

Also see below Sell is disabled on LAToken Exchange, Majority of Investors cannot sell Nkd tokens on LAToken Exchange in countries where marco and malvin both founders have sold the tokens.

https://drive.google.com/open?id=1FK6uFkIrt5OnGRzaYCG8E3Q7bCUPXN0v

if you click on the below link it shows list of fraud and scam companies in malaysia and marco robinson is one of them

http://www.bnm.gov.my/index.php?ch=en_announcement&pg=en_announcement&ac=541&lang=bm

LATOKEN Exchange  has very bad reviews www.trustpilot.com/review/www.latoken.com


For me Latoken is only the last alternative exchanges that I can use to sell/ buy coins. Even not the main exchange but I people have trust into this exchanges because some coins only can trade in this exchanges. As long Latoken can give best services, people trust will raise in higher number.

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DaMut
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December 18, 2018, 05:19:31 PM
 #7

LAToken is a fake volume exchange.
They don't necessarily look for scam tokens to list.
But legit token teams wouldn't pay to get listed on that exchange.
Not sure why anyone would create a profile there.

Simple logic for this question, because 99 out of 100 tokens that conducted the ICOs are going to list their coin on that shitty exchange that was why people created an account on that exchange.

As far as i know latoken and the main people behind it are legit and they are trying to develop a big platform for everything related to crypto, exchange is just one part and that is already working, as far as listings are concerned i do agree that recently they have listed poor quality projects and some of them lacked transparency, project development, activeness and also the lack of any support still latoken has listed such tokens which is not a good strategy.

They need to do something to cover up their expenses, that was why they listed those coins in the first place. When money is involved, transparency, development and any other things related to project are number second.
not only LAToken, even Binance did that before. Remember when they listed BCN on their exchange? and where is it now?

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rosezionjohn
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February 12, 2019, 02:50:58 PM
 #8

I noticed that it is one of the most go to exchanges of start up projects. I believe it's one of the first exchanges that adopted the "Initial Exchange Offerings". It is still a new exchange and they try to list as many as they can so few lapses might occur.
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February 12, 2019, 04:56:05 PM
 #9

I think no becauseif the tokens are scams you wont able to trade it,the latoken is good exchanger that can be have a lot of tokens listed in there .the main problem sometimes is the token or from.the team of the bounty or ico.

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February 12, 2019, 04:59:26 PM
 #10

maybe, because I see almost all the coins that are there are only shit coins. so don't be surprised if they also accept scam coins. from the beginning of the exchange it operated I did not believe them. although many coins that I have listings there I prefer to use DEX like forkdelta or other exchanges.

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February 12, 2019, 05:03:43 PM
 #11

I have doubt about their volume. But don't know if they only list scam projects. I don't think so. Some good coins are also their. Do you have more proof of some more scam coin?
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February 12, 2019, 05:10:19 PM
 #12

Latoken have some good coins listed already ,its none of there business if the developer is wanted or not ,all they care about is payment for listing,the ball is in the investors court ,you are the one to look out for scam projects and avoid then at  all cost.

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February 12, 2019, 05:15:37 PM
 #13

yes I think LATOKEN is an exchange that has a very unconvincing trading volume and I also saw some scam coins there, some didn't have a volume for a few months but were still there
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February 12, 2019, 05:45:51 PM
 #14

yep LAToken is a terrible exchange like yolobit (yobit) or exfakevolumerates (exrates). Just avoid it. There are many other trusted exchanges



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burky156
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February 12, 2019, 06:03:49 PM
 #15

LA Token was great exchange at first but they started to accept every coins that exist. The shit coins, no volume coins, you can find aanything there. Also they had a big software problem and they still couldn't solve it. I have problem with them in last 2 months and they never solve it. Here i send my TxID, after they cancel my ETH withdraw they never send me back and i contacted with them 100s times but there is no answer! I would recommend you to stay away from them!

https://etherscan.io/tx/0x7e331b0b10fd267d5dd6410813c2be13d3c145a61f692e29638676289f1c2a8d

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February 12, 2019, 06:05:23 PM
 #16

this is nothing new, LAtoken can be said to be an Exchange for shit coins. almost all coins from projects fail or scam listings there. because of this I started to dislike LAtoken.
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February 12, 2019, 06:26:07 PM
 #17

if seen from all the coins listing in LAtoken it could be. but I don't want to say LAtoken Scam, they're just not too tight when they want to listed new coins.

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February 12, 2019, 06:28:53 PM
 #18

I do not think so, because you can find tokens with almost no value almost on every exchange. Moreover they are manipulating trading volumes with bots, so my point is that almost every exchange is unfair at the moment.

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February 12, 2019, 06:30:30 PM
 #19

I have never traded in LAtoken, my experience, I tried sending some tokens there and always failed, then I tried to raise the gas, then failed again, up to 3x I tried to fail continuously. And I saw the tokens that I have until now have dropped dramatically and there are no developments.
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February 12, 2019, 06:33:03 PM
 #20

I cannot confirm this with absolute certainty. But the fact that a large number of coins began to appear there is a fact. They are paid, but they add ... But there are no volumes for these coins either.
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