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- Jim Alyward, the founder of the London Football Exchange has allegedly admitted to manipulating the token prices.
- The CEO, Jim Alyward, says, We are manipulating the price, we control about 95 percent of the token holders.
- Jim Alyward has declined to make any comment on the whole situation started as per the allegations by 6PR.
Jim Alyward, the founder of the London Football Exchange (LFE), has reportedly admitted to manipulating the token price of the cryptocurrency of his platform.
News Talk 6PR’s Gareth Parker has made a claim of a recording being found in which Jim Alyward has reportedly admitted to manipulating the prices of the token of the crypto of his platform. Gareth Parker claims that in the recording of Jim Alyward he admitted on tape to manipulating the LFE token’s price.
The price was manipulated by Jim Alyward holding a majority stake in the coin’s supply and also by manipulation of the investors. The associates that were involved in the LFE project have been reportedly sent a copy of the same audio recording that claims to have caught the CEO of the London Football Exchange red-handed.
A report that says that in the controversial audio recording the CEO, Jim Alyward, says, We are manipulating the price, we control about 95 percent of the token holders.
The London Football Exchange is a financial, media and technology end entertainment group that works in many circles which are mainly derived from the professional sporting arena and a lot from association with football and having a big ambition of going multi-sport.
It is actually just an online community that allows it’s members to take part in many clubs and many fan experiences. These range from tours to match day tickets to player meet and greets.
Jim Alyward has declined to make any comment on the whole situation started as per the allegations by 6PR. However, he did post that he will not be responding to acquisitions or personal attacks in an online chat room.
Steve Anderson is an Australian crypto enthusiast. He is a specialist in management and trading for over 5 years. Steve has worked as a crypto trader, he loves learning about decentralisation, understanding the true potential of the blockchain.
