Luo Yonghao Calls on CZ to Remove Meme Coin of the Same Name
Luo Yonghao publicly called on Binance CEO CZ on social media to remove the Meme coin named "Luo Yonghao," which uses his image as its logo and is currently searchable in the Binance wallet Tab.
Luo emphasized that although the coin has not yet entered the official trading Tab, it is still on the Binance platform. To prevent users from being deceived, he requested an immediate removal or a formal complaint channel for removal.
In terms of market mechanisms, the platform accelerates responses to celebrity IP protection complaints, shifting user attention from speculative Meme coins of the same name to compliant assets. This incident drives Binance to strengthen its review mechanism for Meme coins, putting pressure on purely imitation celebrity coins.
Source: Public Information
ABAB AI Insight
Luo Yonghao has previously publicly rejected cryptocurrency speculation projects, and this direct call to CZ continues his long-standing path of protecting his personal IP and brand integrity, similar to how he dealt with unauthorized use of the Smartisan phone and live-streaming infringement incidents, intervening quickly to stop unauthorized commercial exploitation.
From a capital perspective, Binance quickly blocked searches in the wallet Tab after receiving public complaints, investing resources into automated monitoring of same-name coins and IP complaint channels. The motivation is to reduce reputational risks and potential legal liabilities for the platform while maintaining the overall activity of the Meme coin ecosystem.
Similar cases include multiple public figures requesting exchanges to remove same-name Meme coins, and Binance's previous rapid responses to infringement assets. The current Meme coin market is transitioning from a zero-threshold wild growth to a stage of limited IP protection by the platform.
Essentially, this reflects regulatory changes: the issuance of completely unrestricted Meme coins is constrained by celebrity IP protection mechanisms, as unauthorized use of public figures' names and images can easily lead to fraud risks and public pressure. Only by establishing rapid response channels can platforms balance innovation and user protection, achieving a structural adjustment from pure speculation to a compliant brand ecosystem.
ABAB News · Cognitive Law
Refusing to be Meme-ified protects long-term personal branding more than making money from endorsements. Public calls often prompt faster platform action than private complaints. When an image is misappropriated, what is truly valuable is not the coin, but the bottom line of refusing to be consumed.