https://twitter.com/zapit_io/status/1308629034335567873?s=19
We would like to announce that we will no longer be recommending memo.cash platform to our users and request others also not to use their slp exchange due to the blatant censorship.
It started few weeks back when we launched the dividend tool which became quite popular in the slp space where multiple token projects started using the automated tool to send out dividends/airdrops
Bitcoin.com NewsBitcoin.com News even wrote an article about it after which the price of the ZAPT token increased a lot but memo.cash never updated completed orders with price above 10k satoshis, yet the token was being traded for around 25k sats
We reached out to the memo telegram group to mention this issue, we were told that it will be checked and later we got a sarcastic reply implying whether we thought ZAPT was really worth that much.
The orders went upto 40k sats even though the price never updated above 10k sats but when a order was placed for 1k sats it was instantly updated.
A lot of users who traded Zapt are known in the slp community and it also includes few token founders so there is no 'suspicious' activity going on.
And after the above tweet was posted ZAPT has disappeared completely from the token list. Whether it is going to be fixed or not we want to inform about what happened and what is happening with memo.cash
Its sad to see memo.cash censoring us this way and will most likely see other tokens being censored as well if any token price doesn't match the thinking of the memo team.
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source https://www.reddit.com/r/btc/comments/iy5ags/memocash_is_censoring_zapt_token/
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