🗣How An Unscrupulous Exchange Hesitating To Stop Using Our Coin descriptions For Their Scam Token Sales 💥💥

Three weeks ago, we identified a scam DMD token listed on the Latoken exchange. This was also captured on our Coinmarketcap page as where you could trade DMD. Seeing these unscrupulous situations, we immediately reached out to both Latoken and Coinmarketcap. Our argument or differentiating factor is the fact that DMD diamond coin is a native coin to DMD diamond blockchain and not such a scam token built on Binance chain disguising as DMD for financial gains. 

However, upon our efforts via many chat exchanges with the Latoken support team, their usual promise is that it would be handled with urgency. However, up to this moment, they haven’t delisted the scam token yet. Latoken exchange has continued to show they have a very slow turn-around action time on solving complaints, and has appeared to support scam token listings and trades. 

Coinmarketcap on the other hand is also a bird of the same feather. They neither did our requests of removing the scam DMD token from Latoken on our Coinmarketcap market profile nor disallowing the fake DMD token sales effect on our real Coinmarketcap DMD price. 

As a result, any trade volume from the fake DMD token market does fake dump our real Coinmarketcap price – as that fake market is one million times cheaper. For instance, 0.1% trade volume from the fake DMD token market on Latoken would cause a 99% drop of our Coinmarketcap price rating, even when legit markets from Bitmart and P2PB2B show normal prices. 

Coinmarketcap has therefore appeared to be very slow in responding to serious issues like this and also supporting scam tokens frauds. They have demonstrated some high level of inefficiencies allowing a scam token to keep lingering on our page upon complaints. This is definitely a stain on the Coinmarketcap team themselves. 

Dear community members, we hereby draw your attention again on the scam Latoken DMD token. The only real DMD market prices are that of Bitmart and P2PB2B – which can be confirmed on Coingecko. Our layer 1 DMD diamond blockchain doesn’t come with a token but a native DMD diamond coin. Beware of unscrupulous exchanges like Latoken and Coinmarketcap that harbor scam tokens and their trades. At the moment, you can only trade our native DMD diamond coins on Bitmart and P2PB2B. 

Bitmart:

https://www.bitmart.com/trade/en-US?layout=basic&theme=dark&symbol=DMD_BTC 

P2PB2B:

https://p2pb2b.com/trade/DMD_BTC/ 

Learn more: 

Our Blog – https://bit.diamonds/blog/ 

Our Website – https://bit.diamonds/