ZachXBT Declares War on imToken: Majority of Trading Volume Comes from Rug Pulls and Scams in the Illegal Market

BlockBeats News, May 4th - On-chain detective ZachXBT posted on social media, declaring war on imToken's built-in exchange platform Tokenlon DEX.

ZachXBT stated that the majority of Tokenlon's trading volume comes from rug pulls, investment scams, and the dark web, and co-founder Ben He should spend the rest of his life in jail. He plans to launch an attack on Tokenlon and imToken in the future.

ZachXBT explained that Tokenlon has little to no legitimate trading volume outside of Southeast Asia, with a significant portion of its activity involving illicit fund flows, a situation that has worsened since 2022.

ZachXBT stated that offshore "whale" Chinese exchanges, Butter Network, HiFiSwap, Bridgers/SWFT, and Tokenlon must be severely punished for their criminal activities.