Binance Wallet Blocks Meme Coin Using Luo Yonghao’s Name, Odaily Reports

Luo Yonghao said he had never participated in, promoted, or endorsed any virtual currency project after meme coins using his name appeared in wallet interfaces. Following his appeal to Binance founder CZ, Binance Wallet blocked the related token from search, and new information indicates that Binance and OKX both hid related token names and avatars in wallet search on May 15. The update also adds that a related BSC token briefly reached a $3 million market capitalization. Despite the search restrictions, on-chain trading of the token remained available through native tools, underscoring the difference between wallet discovery controls and actual on-chain accessibility.

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