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Ronaldinho’s STAR10 Crypto Token Gets Security Warning as Binance Co-Founder Flags Red


Ronaldinho’s STAR10 Crypto Token Gets Security Warning as Binance Co-Founder Flags Red

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  • GoPlus Security warns that the owner of STAR10 can burn any holder’s tokens.
  • CZ of Binance states that Binance has no commercial ties to Ronaldinho or the token.
  • Ronaldinho promotes STAR10, but traders are urged to exercise caution.

GoPlus Security has put out an alert about Ronaldinho’s STAR10 coin, saying there are serious dangers for investors. 

The security firm states that the token’s owner has the ability to burn any holder’s tokens at will. Since ownership has not been renounced, GoPlus believes all tokens remain vulnerable to being destroyed without warning.

However, GoPlus urged the Ronaldinho Coin team to renounce ownership immediately to protect investors. The firm also advised traders to exercise extreme caution when dealing with STAR10.

CZ & Binance Distance Away from STAR10 Coin

Meanwhile, Binance co-founder Changpeng ‘CZ’ Zhao addressed the situation, clarifying that STAR10 was launched exclusively on BNB Chain. 

Despite CZ being a big fan of Ronaldinho, Binance has no business connection with Ronaldinho or his token. He also cautioned that meme coins are very unpredictable, and trading activity has dropped significantly…

The post Ronaldinho’s STAR10 Crypto Token Gets Security Warning as Binance Co-Founder Flags Red appeared first on Coin Edition.

Read the article at CoinEdition

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