Binance Wallet blocks search for Luo Yonghao memecoin after complaint

A memecoin using the name of Chinese entrepreneur Luo Yonghao has been blocked from search results in Binance Wallet after he protested to Binance founder Changpeng Zhao, BlockBeats reported. Luo had previously stated on social media that a cryptocurrency using his name and profile picture was being traded on the Binance platform. He called for the token to be delisted or for a formal reporting mechanism to be established to prevent user harm. The token is now no longer discoverable through the search function in Binance Wallet.