• Press Releases
    • Submit a press release
    • Read All
  • Contact us
Advertise
Bitcoinist.com
Join Lightchain AI
No Result
View All Result
👆 BUY LIGHTCHAIN HERE 👆
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Breaking News: Ripple And SEC Reach Major Deal: Remaining $75M Penalty Returned, Injunction Lifted
👆 BUY LIGHTCHAIN HERE 👆
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Bitcoinist.com
No Result
View All Result
Breaking News: Ripple And SEC Reach Major Deal: Remaining $75M Penalty Returned, Injunction Lifted
Elon Musk SpaceX IEO Appears on LAToken Exchange

Elon Musk SpaceX IEO Appears On LAToken Exchange

Emilio Janus
by Emilio Janus
6 years ago
·
Posted in Altcoins, FinTech, News, News teaser
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Increasingly questionable cryptocurrency exchange, LAToken, is currently listing an IEO purportedly run by Elon Musk for SpaceX. Although this would be many a tech-fan’s dream, closer inspection reveals that this is completely false.


No, Elon Musk Is Not Launching A SpaceX IEO

The offending Initial Exchange Offering was highlighted in a tweet by Cointelligence CEO, On Yavin. On LAToken’s IEO Launchpad, the relevant page features an embedded YouTube video of the SpaceX Falcon Heavy, along with further details of the IEO.

https://twitter.com/on_yavin/status/1189479320080789506?s=20

The underlying asset is valued at $36 billion, key investors of SpaceX are listed, along with the SpaceX management team. Elon Musk is listed as founder, lead designer, CTO, and CEO. At the bottom of the page, the SpaceX Twitter feed is embedded.

Which would be fine, if SpaceX were involved with the launch of this IEO… but they’re not.

In a private interview with Bitcoinist, On Yavin added,

It is highly unlikely that Elon musk allowed LAToken to use his name, company and reputation to fraudulently advertise the USPX IEO. This is completely misleading, and as long as we have these kind of scammy exchanges, the industry will not be able to progress.

Disingenuous, To Say The Least

The USPX token is actually being launched by Unicorn Equities, who’s management team, asset value, and investors are not included. Unicorn Equities plan to acquire an undisclosed number of SpaceX shares with the funds raised, which will then form the equity. SpaceX shares are not publicly traded, so it is hard for the general public to acquire them.

The page is clearly designed to make potential clients think that this IEO is SpaceX sanctioned, and Elon Musk managed. Whilst there is no suggestion that LAToken supplied this information, it is at the very least, incredibly unprofessional for the exchange not to vet the information provided by clients.

LAToken has faced criticism in the past, being accused of everything from carelessness to outright fraud. Cointelligence rates the exchange at a not-at-all impressive, 3.88, scoring it a lowly 1.0 for ‘trust’.

Elon Musk has long shown an interest in cryptocurrency, and was even voted in as CEO of DogeCoin without his knowledge. However, he is not currently known to have made a direct investment in the space.

What do you make of this misleading LAToken IEO? Add your thoughts in the comment section below


Images via CNBC, Twitter @on_yavin

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
Emilio Janus

Emilio Janus

Follow

Full Profile

Related Posts

XRP price

XRP Price Outperforms Bitcoin, Ethereum As ‘Strange Signal’ Emerges, Why The Target Is $4

15 hours ago
Dogecoin

Crypto Analyst Says Dogecoin Price Breakout Is Programmed, Here’s Why

3 days ago
how to buy dogecoin

When Is A Good Time To Enter Dogecoin? Analyst Says Wait For This To Happen

3 days ago
Dogecoin

Why Is Dogecoin And Shiba Inu Surging Today?

4 days ago
Dogecoin

Why The Dogecoin ETF Decision Will Likely Be Delayed By The SEC

4 days ago
Bitcoin

Crypto Analyst Says “Altseason Is Dawning” As Bitcoin Dominance Reaches HTF Resistance, What To Expect

5 days ago
Please login to join discussion

Premium Sponsors

Top Brands

mBit
mBit
BNBInfinity
BNBInfinity

Press Releases

  • 2025 DOGE XRP BTC Enthusiasts Are Going Crazy Finding the...

    5 minutes ago
  • XRP Holders Are Earning $8,000 a Day Through JAMining —...

    35 minutes ago
  • South Korean giant enables XRP settlement, investors earn...

    35 minutes ago
  • XRP Users Turn Bitcoin Miners into $9,977/Day Income...

    35 minutes ago
  • Exclusive: PaladinMining major upgrade allows users to...

    2 hours ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Join Lightchain AI

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

About Us

  • Advertise
  • Contact us
  • Editorial Policy
  • Privacy Policy
© 2025 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
      • Crypto Betting
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Advertise

© 2025 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.