Monkephone CTO publicly accuses a trading platform of fraud and dishonesty, causing a stir in the industry.

The CTO of the Monkephone project posted on social media, publicly accusing a certain exchange and its leadership of serious fraud, dishonesty, and manipulation. He stated that the platform's team promised internal support including KOL resources, financial backing, exchange listing, and market capitalization management at the project's early stage, but ultimately failed to deliver.

The CTO stated that this platform was previously suspected of manipulating the Moondoge presale and capitalizing on investors' blind spots regarding the packaging mechanism. He pointed out that he initially trusted the platform and conveyed the other party's promises to others, ultimately leading to personal losses and damage to his reputation. He emphasized that the platform has no intention of genuinely supporting projects within the ecosystem, but is merely guiding developers and funds to flow into its platform through false promises.

This statement also provided evidence for similar doubts raised by Mooncoin developers and other community members, sparking widespread discussion within the community about the platform's integrity and operational model.