🔺The Keeta block chain, a first-layer network, experienced a 99% collapse in the value of its token #KTA following allegations that the project is a complete scam. DeFi Capital_Markets founder Michael Rozik claimed that the network is "completely fake" and that the white paper is "garbage created by artificial intelligence." It is possible that the block chain explorer is falsifying data and non-functional exchanges. Chain researcher Zach XBT pointed out that the token supply is controlled by influencers, indicating a lack of real technology. Despite the accusations, the Keeta team has stood by its actions and avoided direct responses to the criticism. This case raises doubts about the legitimacy of the project, which previously saw massive growth in value but is now facing a strong lack of market confidence.
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