🚨 Community Alert

As Token 2049 approaches, be cautious with sponsors! Many haven’t been thoroughly vetted, so don’t assume they’re credible just because they’re a major sponsor.

⚠️ Sponsors to watch out for:

Title sponsor: Spacecoin (suspicious project)

Platinum sponsors:

BitunixOfficial (sketchy exchange)

Jucoinex (sketchy exchange)

WEEX_Official (sketchy exchange)

DWFLabs (sketchy market maker)

🔍 Tips: For centralized exchanges, check if the team is public and has a credible track record in the space. Bitunix, JuCoin, and WEEX fail this test.

Example: In 2023, JPEX was a platinum sponsor, later flagged for fraud with over $100M in losses. Don’t skip due diligence!

#Crypto #Token2049 #WatchOut #CryptoExchanges #DueDiligence @KaitoAI