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Ava Labs COO suspected of promoting memecoins and suspicious links

August 19, 2024 by MarketNewsData

From Cointelegraph

August 19, 2024 01:07 AM:

Ava Labs’ operating chief, Luigi D’Onorio DeMeo, is facing criticism after his X account was found promoting memecoins and suspicious links, raising concerns of a potential phishing scam.

Many have raised alarms over the activities on DeMeo’s account, which has been promoting memecoins and sharing dubious links that could potentially be part of a phishing scam.

Investors and users are being warned to be cautious following reports that Ava Labs’ operating chief, Luigi D’Onorio DeMeo, has been promoting memecoins and suspicious links, sparking fears of a possible phishing scam.

Read more at Cointelegraph: Ava Labs COO’s X account suspected as hacked after posting memecoin

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