LitePay is now Tenx Plus Litecoin
After the failed plans of the Litecoin-based (LTC) payment processing startup, LitePay, Charlie Lee partners with a NEW LitePay contender. LitePay is now Tenx Plus Litecoin.
Litecoin creator, Charlie Lee and the Litecoin Foundation have each apologized for failing to conduct due diligence on LTC-based payment processing startup LitePay, which has sparked allegations of conducting an exit scam due to its abrupt closure.
On March 26, the Litecoin Foundation revealed that LitePay CEO, Kenneth Asare informed them that he had ceased all operations and intended to sell the company. This announcement came less than two weeks after Asare held a much-revered Reddit AMA (Ask Me Anything session) in which he gave few specifics about the project and was accused of evading questions.
Well things quickly changed and Charlie Lee is to be commended for being quick on his feet. The new LitePay formed by Tenx and Charlie Lee of LTC is on the horizon
What is the Story Behind LitePay is now Tenx Plus Litecoin?
— Charlie Lee [LTC] (@SatoshiLite) April 11, 2018
— TenX (@tenxwallet) April 11, 2018
While confirming the disclosure, Charlie Lee the creator of Litecoin, and an Ex-Director of Engineering at Coinbase also tweeted that Litecoin’s currency, LTC has been added to TenX wallet.
TenX recently added LTC to their wallets, and we are working with them to launch a Litecoin debit card. Stay tuned for more information. LitePay who?
We are also excited to announce a new partnership; we have reached out to, and are working with the Litecoin Foundation to introduce a co-branded card for which more information will be available soon. We hope to become the preferred payment platform for fans and owners of Litecoin, and cannot wait to see you use our wallet and join the revolution!
Litecoin (LTC) Hodlers are enthusiastic about this news. I have a feeling we will hear more about the Litecoin Silver Cryptocurrency to the Gold Bitcoin Cryptocurrency in weeks, months and years to come
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