CEO Carl Dawkins of Meme Coin Love Hate Inu claims that Instagram is facilitating scammers

The CEO of Love Hate Inu, Carl Dawkins, a well-known figure in the crypto industry, is angry that Instagram refuses to give him a blue verification tick, which is leading to hundreds of people becoming victims of scams.

Instagram is owned by Meta, the parent company of Facebook.

Both social media platforms have strict policies on the adverts they will run from crypto companies, but seem to be less concerned about protecting their users from fraudsters.

Dawkins, who advises the UK Crypto and Digital Assets All Party Parliamentary Group, is not requesting a blue tick for his own self-promotion but to protect people from scammers and to safeguard his own reputation.

Despite having only 1,212 followers on his @carldawkinz Instagram account, Dawkins has nearly 10,000 followers on Twitter (@CarlDawkinz), where he has a legacy blue tick.

He admits that he has previously fallen prey to scammers in his various roles as a crypto executive, including when he was the head of growth at another crypto project, Tamadoge.

Unfortunately, it is common in the crypto industry to have to deal with scammers, but it is made even harder when large platforms such as Instagram, with 2.35 billion monthly users, show indifference.

Dawkins presents Instagram with 140 documented cases of fraud

Despite providing documentary evidence of 140 instances of theft perpetrated by fraudsters impersonating him on the social media platform, Instagram has not yet verified Dawkins’ account.

Perhaps Instagram thinks that Carl Dawkins is not famous enough to warrant a blue tick? However, Dawkins has a public persona dating back to 2006, numerous TV appearances, and has worked in prominent positions with legendary rock bands Metallica and Guns and Roses, so he is not just a random ‘crypto guy’.

Even when hacktivist group Anonymous tipped off Love Hate Inu (memo to Instagram: Carl is the CEO) as a coin that could emulate the success of top cryptocurrency Shiba Inu, Instagram still did nothing to verify Dawkins’ account.

Three times Dawkins asks for blue tick to fight impersonators – Instagram computer says no

Dawkins has made three requests for a blue tick to fight impersonators, but Instagram has refused to verify his account. In response, Dawkins decided to get hands-on with the fraudsters and purposely set out to be scammed to confront one of the worst predators and gather more evidence to present to Instagram.

Meta has rolled out a blue tick verification subscription service in Australia, New Zealand, and the US, but it has yet to appear in Europe. This partial rollout has given scammers a window of opportunity to expand their nefarious activities.

Dawkins continued: “I thought, let’s get this guy to reveal his true intentions – I used to be a semi-professional poker player in my younger days.

“He offered to do some influencer work for Love Hate Inu. I negotiated with him and lowered the price from $1,000 to $150. I told him that we could do more business together once he delivered on his end of the bargain.

“I also warned him that I am fully doxed, meaning that I have all my personal information out there, so if I don’t pay him, he could easily ruin me. However, he wasn’t doxed, so I couldn’t do the same to him if he didn’t deliver.

‘Last payment’ trick is straight out of scammers’ favorite playbook

The scammer agreed to the deal, but never did any work. Two days later, he contacted me using the classic trick of asking for the “last payment” in the scammer playbook.

“For a second I had thought maybe this guy isn’t a scammer, but nope, he definitely was. I called him out online,” says Dawkins.

Instagram “verifies a scammer who ends up scamming me”

Dawkins is furious: “What we have here is a situation where Instagram won’t verify me and as a direct result people are getting scammed, and yet they can verify a scammer who ends up scamming me.”

There has been a lot of criticism of crypto for lax security and sub-par business practices, and rightly so, says Dawkins.

As the CEO of a project that has just raised contributions from token buyers totaling $10 million, people rightly want to be sure their funds are safe.

Platforms like Instagram, which have the resources to quickly respond to reports of fraud and scammers, are actually enabling scammers, according to Dawkins.

Dawkins criticizes Instagram, saying: “Now, when retail investors are being tempted back into the market in the latest meme coin frenzy, as witnessed by the success of Love Hate Inu’s $LHINU token sale, and the 1,000%-plus price pumps for the likes of Pepe, Wojak and $SPONGE, it is beyond negligent for Instagram to refuse to act on complaints made to them.”

Finally, surprise, surprise, the scammer – @adalbertoneto2 – who deleted his Instagram account is back on the platform with a blue tick, this time with 485k followers:

Love Hate Inu’s press team has reached out to Instagram at [email protected] but is yet to receive a reply.

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