There Is No LBI Miner

LeoFinance
11 days ago
(edited)
1 Min Read
275 Words

@themarkymark put up a post calling attention to a fraudulent miner that was put up on Hive-Engine. This is not a part of the official account and will not net anyone any LBI tokens.

DO NOT BUY THIS TOKEN BELIEVING IT IS PART OF LBI-TOKEN.

As Marky pointed out, this is from an account called @spinves. Here is a screenshot he took of the activity on Hive-Engine.

This is the account it is tied to.

Here is Marky's full post that thoroughly explains his research into it.

https://peakd.com/hive-167922/@themarkymark/likely-lbi-miner-scam-token

To clarify, anything to do with LBI will come from the LBI token account. There will always be an announcement regarding what is taking place before it is released.

Secondly, the idea of a miner goes against the concept of LBI. The token is backed by the LEO enters the account. Having miners to distribute the token will only reduce the value backing.

Finally, all transactions for new issues take place in a direct manner. This is why LEO is sent to the LBI-token account and not just purchased off Hive-Engine. Anything on Hive-Engine, either SPI or LBI is the secondary market. Those are being sold by individual token holders. Of course, LBI and SPI sold on Hive-Engine or Leodex are valid tokens, they are just not from the main accounts.

AGAIN, DO NOT INVEST IN THE LBIM TOKEN. IT IS NOT PART OF THE LBI-TOKEN PROJECT

If there are any questions, do not hesitate to ask in the comment section.

And yes, this mining token should be hidden on Hive-Engine @aggroed.

Great catch Marky.

This post was done by @taskmaster4450le.

Posted Using LeoFinance Beta