Background
Tokens were provided by Palladium for the LF Wallet giveaway. However, these tokens were never distributed to participants. Despite repeated attempts by Palladium to resolve the issue, LF Wallet stopped responding and refused further communication, offering no explanations or transparency. Additionally, LF Wallet transferred Palladium tokens to a public exchange where PLLD is traded, apparently to sell them for profit. Consequently, the collaboration has been terminated.
Palladium’s Position
Palladium emphasizes that it has no involvement in, and does not endorse, LF Wallet’s operations, promotional practices, or token handling. The actions of LF Wallet do not reflect Palladium’s values or standards.
Warning to Users and Projects
Based on Palladium’s direct experience, any tokens sent to LF Wallet are not distributed and effectively disappear. Users and projects are strongly advised to exercise extreme caution.
LF Wallet has demonstrated the following concerning behaviors:
- Non-distribution of promised tokens.
- Refusal to communicate with participants or projects.
- Theft of tokens sent to their wallet — anything sent will disappear.
- Transferred Palladium tokens to a public exchange where PLLD is traded, apparently to sell them for profit.
- Use of fake promotional services and bots to create false clout, with no real users.
- Claims to list hundreds of tokens in their mobile app (https://play.google.com/store/apps/details?id=com.lfwallet.app), but when installed, the app shows nothing at all. Where are all these listed tokens?
⚠️ Important Notice: LF Wallet’s mobile app and operations are fraudulent scams. Palladium strongly advises users not to send any tokens to LF Wallet.
Call to the Community
Palladium urges the community to stay vigilant, report suspicious activity, and be aware of fraudulent crypto projects. Palladium does not endorse or support LF Wallet in any capacity.
This statement is issued in the interest of full transparency and to protect the Palladium community