AITECH CHALLENGES TOKEN SNIFFER’S MISLEADING RATING AND DEFENDS ITS INDUSTRY-LEADING CRYPTO SECURITY ALGORITHM

in #blockchain2 months ago

AITECH, a trailblazer in blockchain technology and crypto security, has released an official statement challenging the recent actions of Token Sniffer, a platform that has falsely flagged AITECH’s token as high risk. Despite AITECH’s multiple submissions and clear evidence supporting the integrity of its project, Token Sniffer continues to display incorrect information about the token, damaging both the project’s reputation and investor confidence.

AITECH’s Advanced Crypto Security Protocol

AITECH has implemented one of the most advanced security algorithms in the crypto world, specifically designed to prevent bot trading, pump-and-dump schemes, and manipulative trading activities that have plagued other tokens. The project’s 1% sell limit for non-whitelisted users and unrecoverable LP burn contract offer unmatched protection for investors, providing transparency, stability, and a robust defense against malicious actors.

Unlike other tokens, where investors suffer from pump-and-dump scenarios and market manipulation, AITECH’s algorithm ensures that such malicious tactics are impossible within its ecosystem. Despite this cutting-edge security, Token Sniffer has chosen to ignore these facts, instead issuing an ultimatum: either AITECH accepts a scam warning or the token is removed from their platform.

Token Sniffer’s Refusal to Audit AITECH

“Token Sniffer’s refusal to conduct a proper audit of our contract and reliance on outdated algorithmic presets is not only irresponsible but also damaging to the community,” said Dhanraj Dadhich, Co-Founder & CTO of AITECH. “We have implemented a specialized LP burn contract that eliminates the risks associated with third-party lockers. This contract ensures that once tokens are submitted, they are irrecoverable, providing a level of security that surpasses most existing crypto projects. Token Sniffer’s false labeling of our project undermines our credibility, despite the fact that trades on AITECH are operating smoothly.”

AITECH’s burn contract is a direct response to historical attacks on third-party liquidity lockers, which have often led to investor losses. AITECH’s internalized LP burn mechanism prevents such risks, ensuring that the token’s liquidity is permanently secured. Token Sniffer has yet to audit this critical feature, relying instead on faulty algorithms to judge the project without conducting a thorough review.

Next Steps: Legal Action and Transparency

Given the damage caused, AITECH is prepared to pursue legal action to address the false labeling and defamation. A $1 million defamation lawsuit is being filed, along with demands for a public apology and immediate corrections to the displayed information. AITECH remains committed to defending its community and upholding transparency.

“We will not allow any platform to damage our reputation with baseless claims. AITECH has always prioritized its investors and will continue to set new standards in blockchain security,” Dhanraj added.

AITECH urges Token Sniffer to conduct a full audit of its specialized security protocol before any further action is taken.

AITECH’s Promise to the Community

AITECH’s dedication to the community remains unwavering. As a leader in blockchain innovation, AITECH ensures that its proprietary algorithm and advanced security features provide investors with peace of mind, knowing that their assets are protected from malicious actors and market manipulation.

The AITECH project will continue to operate smoothly, with all trades running efficiently. The team is committed to full transparency and welcomes scrutiny of its operations — when done fairly and based on facts.