Carl Dawkins, the CEO of Love Hate Innu, a well-known crypto personality, is furious that social media giant Instagram did not give him the verification blue tick – and hundreds of people are being scammed as a result.
Instagram is owned by Meta, the parent company of Facebook.
Both social media platforms have a strict policy governing ads run from crypto companies, but it seems they are far less vigilant when it comes to protecting their users from fraudsters.
Dawkins, who is an advisor to UK Crypto and Digital Assets All Party Parliamentary Group, is not requesting blue ticks for its own upgradation. All he wants to do is protect people from scammers, and of course protect his good name.
Although love hate inu CEO has a modest 1,212 followers @carldawkinz Instagram account, they have about 10,000 Twitter (@CarlDawkinz)Where he has hereditary blue tick.
He freely admits to being a victim of scammers in his various roles as a crypto executive. Earlier He played the role of CEO of Luv Hate InnuHe was the head of development at another crypto project, Tamadoge,
Unfortunately this is par for the course in the crypto industry for dealing with scammers, but the task becomes tougher when met with indifference from giant platforms like Instagram with 2.35 billion monthly users.
Dawkins presents Instagram with 140 documented cases of fraud
And it’s not as if Dawkins hasn’t provided enough damning evidence to justify his concerns and request for account verification.
In fact he has sent documentary evidence of 140 incidents of theft by fraudsters on social media platforms.
Maybe Instagram thinks Carl Dawkins is below their threshold of a public figure who warrants a blue tick because he’s not famous enough?
But Dawkins has had a public persona since 2006, making several TV appearances and holding key positions with legendary rock bands Metallica and Guns N’ Roses, so it’s not like he’s just some random ‘crypto guy’.
None of these are good enough for Instagram. Even when the hacktivist group Anonymous tipped Love Hate Inu (memo to Instagram: Karl is the CEO) as a coin that could emulate the achievements of Shiba Inu, a top cryptographer, it still did not do the trick. did not do:
anonymous posted to his 11.8 million followers on Facebook,
did you know
A crypto investor bought approximately $8,000 worth of Shiba Inu coins in August 2020. Just one year later, the $8,000 trade has turned into a value of nearly $5.7 billion.
to be able #lovehateinu Will it be the next big thing?👀
None of this affects Instagram though, and neither do the thousands of dollars being lost by victims of scammers.
Dawkins asked for blue ticks thrice to fight impersonators – Instagram computer says no
“Instagram has failed to verify my account despite three requests made by me even though I am a public figure and people are being duped by fraudsters.”
So, fed up with Instagram letting criminals run wild on its platform, Dawkins decided it was time to join hands with the fraudsters. She intentionally faked the scandal so that she could both confront one of the worst predators out there and get even more evidence Instagram had to offer.
Dawkins explained how he caught one such scammer, a certain Valentin who uses the @adalbertoneto2 tag: “This is the scammer I’ve been following for about six months. He has – or – 492k followers and a blue tick, So he comes across as all good.
meta is rolled out blue tick verification subscription service in australiaNew Zealand and America but it is not yet shown in Europe region.
The partial roll out means that Meta has unwittingly given scammers an opportunity to expand their nefarious activities.
Dawkins continued: “I thought let’s get this guy to show his hand – I used to be a semi-professional poker player in my younger days.
“They offered to do some impressive love hate inu, I got it down from $1,000 to $150. I said let’s do some business together and once you deliver we can do some more.
“I told him ‘Look, I’m totally screwed so I have everything to lose. You don’t. If I don’t pay you, you could wreck me because I’m out there. I can’t do that with you. Can’t because you’re not bothered.'”
The ‘pay last’ ploy is straight out of scammers’ favorite playbook
They struck a deal but nothing happened. Then two days later he gets back to me in classic scammer playbook fashion saying “Finish with the last payment”.
“For a second I thought maybe this guy wasn’t a scammer, but no, he definitely was. I called him online,” Dawkins says.
“Soon after that he deleted his Instagram account, his Twitter and his email.”
Instagram “confirms a scammer who scammed me”
Dawkins is furious: “We have a situation here where Instagram won’t verify me and as a direct result people are getting scammed, and yet they can verify a scammer who scammed me. “
Dawkins says cryptocurrencies have been criticized a lot, and rightly so, for being lax in security and less transactable.
As the CEO of a project that has received a total of $10 million in contributions from token buyers, people genuinely want to be sure that their funds are safe.
Dawkins claims that platforms like Instagram that have the resources to stamp out fraud and fraudsters by responding in time when they are brought to their attention are enabling scammers in practice.
Dawkins slammed Instagram. “Now, when retail investors are being lured back into the market in the latest meme coin craze, as seen by the success of Love Hate Inu’s $LHINU token sale and the over 1,000% price pump for Pepe, Wojak and the likes Has gone. $spongeRefusal to act on complaints made to them is beyond negligent on the part of Instagram.”
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 got in touch on Instagram [email protected] But till date no reply has been received.