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The founder of MetaLeX denies involvement in a fake token scam, emphasizing that reputation cannot be compromised.

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Jan 16, 2025

Gabriel Shapiro, the founder of MetaLeX, has denied any involvement with a fake token scam and stated that he would not damage his or MetaLeX's reputation for a mere $55,000. Shapiro responded on social media, claiming that someone is using fake MetaLeX tokens to scam and cash out $55,000, attempting to link him to this incident. The scammers sent messages from multiple accounts requesting the return of $50 in ETH that was previously transferred to Shapiro's friend's account. Upon confirmation, Shapiro returned the amount and immediately severed the association of his social accounts with the old address. He emphasized that he is not connected to the fake tokens and pointed out that he has never monetized his personal reputation or social influence through tokenization. Shapiro expressed regret over the incident but insisted that he was completely unaware of it. Previously, MetaLeX completed a $2.75 million seed funding round.

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