Lounge Lizard Warns of Sophisticated Cryptocurrency Scam Exploiting Its Brand Name and Imagery
FOR IMMEDIATE RELEASE
NEW YORK, NY – August 7, 2023 – Lounge Lizard Worldwide Inc., an industry leader in branding, web design, and digital marketing, has become aware of a sophisticated cryptocurrency scam, using our Brand Name and Imagery. As Lounge Lizard is committed to transparency and integrity in every aspect of our business, we chose to come public with this incident to raise awareness and prevent others from falling prey to such fraudulent scams.
Lounge Lizard, co-founded by Ken Braun and Sharon Sexton Braun, has been in business for 25 years and has always stood for credibility and innovation in the digital marketing landscape. These values make it even more crucial to publicize this scam, which took advantage of our reputation in order to deceive potential victims.
Cryptocurrency scams have unfortunately been on the rise. Time magazine recently reported that from January 2021 to June 2022, more than 46,000 individuals reported monetary losses in excess of $1 billion to scams like this. It is important to note that these are just reported losses, and the real figures could be substantially higher.
In response to this impersonation scam, Lounge Lizard is conducting a thorough investigation. We would like to emphasize that Lounge Lizard never requests payments prior to signing service contracts. Additionally, all communications are conducted via our official site, loungelizard.com, or by contacting us directly at [email protected].
Lounge Lizard is highly committed to working closely with law enforcement and relevant authorities to investigate this matter further. We remain dedicated to our mission of providing industry-leading digital marketing services and will continue to take proactive measures to ensure the security of our operations.
If you encounter any suspicious communications that reference our brand, we urge you to contact us immediately.
About Lounge Lizard:
Founded by industry leaders Ken Braun and Sharon Sexton Braun, Lounge Lizard is a family-owned digital marketing agency celebrating its 25th year in business. Headquartered in New York City with offices in Long Island, Washington D.C., Nashville, Charleston, Los Angeles, and Miami, our award-winning firm excels in branding, web design, and results-driven digital marketing, earning accolades for our innovative strategies and tangible results. We foster long-term partnerships with our clients, creating impactful 360° digital experiences that propel their success in the ever-evolving digital landscape.
Frank Falco
VP of Sales and Operations
1-888-444-0110 ext 106
