• Bitcoin
  • NFT
  • Binance
  • ETH
  • DeFi
  • Metaverse
  • IDO
  • Coinbase
  • Solana
  • ETF
  • FTX
  • GameFi
Newsletter
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
CoinLive
No Result
View All Result
Home Crypto News

Litecoin founder officially speaks right after LTC’s “roller coaster”

189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Litecoin (LTC) has lately been at the center of current controversy following a quickly spreading fake information “pump and dump” occasion. And most importantly, it was shared by the official Litecoin account.

Litecoin founder officially spoke after the "roller coaster" of LTC for fake news
Litecoin founder officially speaks right after LTC’s “roller coaster” due to fake information

Less than an hour right after the information of the partnership with Walmart, the retail giant confirmed that there is no partnership with Litecoin (LTC). Impact on Litecoin’s price tag, which rose 35% in just an hour right after the information broke. In the finish, this is practically nothing but a “drama” not only for the crypto local community and it also lowers the prestige of a prime coin like LTC.

Related articles

Next Crypto to Explode: BlockDAG, Avalanche, Sui, and Litecoin Gain Serious Ground

Next Crypto to Explode: BlockDAG, Avalanche, Sui, and Litecoin Gain Serious Ground

June 3, 2025
Cosmos Founder Proposes Blockchain Hard Fork, ATOM Discounts

Cosmos Founder Proposes Blockchain Hard Fork, ATOM Discounts

November 27, 2023

– See extra: Litecoin (LTC) “pump and dump” due to the fact fake information collaborates with Walmart

Faced with this condition, Charlie Lee, the founder of Litecoin, was current in a scheduled interview published on the Litecoin Foundation to speak about the “hoax” and Litecoin’s participation in the occasion. Lee manufactured it clear that the over announcements are not from the Litecoin Foundation.

An official statement concerning today’s fake information: Charlie Lee will be dwell on Bloomberg these days at 2pm PST addressing the subject. pic.twitter.com/x7z7NZ02nZ

– Litecoin Foundation (@LTC Foundation) September 13, 2021

In other phrases, neither the hoax was carried out by everyone connected with the organization. Lee denies that his previous has anything at all to do with this and will get the job done to expose the minds behind this incident.

Many folks, if they want the price tag to go up, they can spread fake information for misbehaving.

Lee explained that the organization is really cautious not to spread false information as it will negatively impact the venture. However, in the context of numerous main newspapers reporting, the management team’s censorship situation is not genuinely thorough.

Litecoin is a decentralized cryptocurrency, which usually means everyone can publish fake information to check out and increase the price tag. And the Litecoin Foundation will not advantage from working a “pump and dump” scheme.

This time we are genuinely struggling and we will do anything we can not to repeat the very same condition.

But Charlie Lee identified as for stricter handle protocols and reality-checking policies for the press as the ideal program of action to fight troubles like these. Lee also mentioned the media who launched the information are negotiating with the events who submitted the facts. In an try to trace the supply of the fake information.

Synthetic Currency 68

Maybe you are interested:

Maybe you are interested:

Tags: coasterfounderLitecoinLTCsofficiallyrollerSpeaks
Share76Tweet47

Related Posts

Aleo Advances Programmable Privacy in Blockchain

by shark
June 5, 2025
0

Aleo, led by founder Howard Wu, pioneers programmable privacy and advances zero-knowledge smart contracts in blockchain technology.

Chinese Businessman Kidnapped and Ransomed via Cryptocurrency

by shark
June 5, 2025
0

Guo Congyuan, a prominent Chinese businessman, was kidnapped in the Philippines in April 2025. The ransom was paid using cryptocurrency,...

Singapore Restricts Overseas Crypto Operations Amid Regulatory Shift

by shark
June 5, 2025
0

Singapore mandates that all Digital Token Service Providers must halt overseas operations by June 30, 2025, unless they obtain a...

World Liberty Financial Airdrops 47 USD1 Stablecoin

by shark
June 5, 2025
0

World Liberty Financial, linked to Donald Trump, airdropped 47 USD1 stablecoins to WLFI token holders on the Ethereum mainnet.

Binance Launches Altcoin Liquidity Program for Market Efficiency

by shark
June 5, 2025
0

Binance unveils a new liquidity program to enhance altcoin trading efficiency, offering attractive rebates for market-makers.

Load More

Tags

analysis announces Bank billion Binance Bitcoin Blockchain BTC CEO Coin Coinbase Crypto cryptocurrencies Cryptocurrency DeFi ETH Ethereum Exchange Finance FTX fund game General News Information Investment Latest Launch launches market Metaverse million Network News NFT platform Price project Protocol Review SEC Solana Token trading users wallet

Recent Posts

  • Aleo Advances Programmable Privacy in Blockchain
  • Chinese Businessman Kidnapped and Ransomed via Cryptocurrency
  • Singapore Restricts Overseas Crypto Operations Amid Regulatory Shift
  • World Liberty Financial Airdrops 47 USD1 Stablecoin
  • 2025’s Top Crypto Projects: Aptos, Hedera, Ondo, and BlockDAG Make Big Moves!
  • Binance Launches Altcoin Liquidity Program for Market Efficiency
  • Bitcoin Whales Acquire 30,000 BTC Amid Price Dip
  • Binance Launches 1000000BOB/USDT Futures with 50x Leverage
  • About
  • FAQ
  • Contact Us
  • IGO
  • Altcoin
  • Terra
  • Launchpad
  • P2E
  • META
  • AXS
Email us: [email protected]

© 2021 CoinLive - Crypto News 24/7

No Result
View All Result
  • Home
  • Crypto News
  • Market Analysis
  • Learn

© 2021 CoinLive - Crypto News 24/7