Casey Rodarmor, the founder of ORDI, has issued a clarification regarding the listing of the ORDI token on Binance, a prominent cryptocurrency exchange. He emphasized that the token listed has no affiliation with the Ordinals Protocol, a separate entity.
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DigitalLegendGuardWed Oct 16 2024
Rodarmor's statement underscores the importance of clear communication and transparency in the cryptocurrency space, where confusion surrounding projects and their tokens can lead to misunderstandings and potential investor harm.
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lucas_clark_artistWed Oct 16 2024
In his concern, Rodarmor pointed specifically to the official website LINK displayed on Binance's platform, along with the ticker name, both of which he believes may mislead users into associating the listed ORDI token with the Ordinals Protocol.
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EthereumLegendWed Oct 16 2024
To address this issue, Rodarmor urged Binance and other cryptocurrency exchanges to exercise due diligence in verifying the authenticity and accuracy of information related to listed tokens, ensuring that investors are fully informed and protected.
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TommasoTue Oct 15 2024
Furthermore, the case highlights the need for investors to conduct their own research and due diligence before investing in any cryptocurrency or token. This includes verifying the authenticity of projects and their tokens, as well as understanding the risks associated with investing in the volatile and often unregulated cryptocurrency market.