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Verify a decision

Every moderation decision on AVOID.NET is anchored to the Solana blockchain. You don't have to trust us — you can verify cryptographically that we committed to a verdict at a specific moment and have not rewritten it.

How verification works

  1. We commit. When a moderator accepts/rejects a submission, we serialize the decision into deterministic UTF-8 bytes (payload_canonical_string), hash it with SHA-256, encode the digest as base58, and write it to Solana inside an SPL Memo v2 transaction.
  2. We store the bytes. The exact bytes we hashed are stored alongside the decision in our database. Anyone can read them and recompute the hash in any language.
  3. You compare three values. Database hash, your independently-recomputed hash, and the hash inside the on-chain memo. If all three match, the decision is authentic and timestamped.
The on-chain memo format is AVOID.NET|v1|h:<b58-sha256>|d:<id>|t:<iso>

Find a signature on any investigation page's decision log, or run python -m src.verify_decision --signature <sig> for a CLI check.

Decision
publish · Local Traders
View on Solana ↗
Sequence
#1
Score
→
Cluster
mainnet-beta
Slot
423155372
Off-chain at
2026-05-30T12:21:36.576Z
Anchored at
—
Block time
—

Independent verification

1. Database (off-chain)
AUTJmUJXSr692JRS4MXRMwTPKrvaQMiqXHStaSRGru6b
2. Recomputed (your browser)
computing…
3. On-chain (Solana memo)
fetching…
Canonical bytes hashed (11008 chars)
{"actor":"system:backfill","investigation_id":"32c3c5dd-8976-4fa6-97a5-880a7f196374","kind":"publish","page_slug":"local-traders","published_at":"2026-05-30T12:21:36.509Z","sequence_num":1,"snapshot":{"content_type":"investigation","entity_name":"Local Traders","sections":[{"content":"","heading":"","severity":"low","sources":[{"credibility":2,"name":"Local Traders Official Website","type":"official","url":"https://www.localtraders.finance/"},{"credibility":2,"name":"Local Traders ICO Details - CoinCheckup","type":"research","url":"https://ico.coincheckup.com/local-traders/"},{"credibility":2,"name":"Local Traders ICO Rating and Details - ICOholder","type":"research","url":"https://icoholder.com/en/local-traders-1035380"},{"credibility":2,"name":"Local Traders: Best P2P Crypto Trading Platforms in Nigeria - Vanguard News","type":"news_article","url":"https://www.vanguardngr.com/2025/05/local-traders-best-p2p-crypto-trading-platforms-in-nigeria/"}]},{"content":"","heading":"","severity":"critical","sources":[{"credibility":2,"name":"Understanding Local Traders Exploit - Neptune Mutual on Medium","type":"research","url":"https://medium.com/neptune-mutual/understanding-local-traders-exploit-d5e1f373b10f"},{"credibility":2,"name":"Local Traders Hack (2023) — $118K Lost | Smart Contract Hacking","type":"research","url":"https://smartcontractshacking.com/hacks/local-traders-hack-2023"},{"credibility":1,"name":"Local Traders: LCT Token Contract - BscScan","type":"on_chain","url":"https://bscscan.com/address/0x5c65badf7f97345b7b92776b22255c973234efe7"}]},{"content":"","heading":"","severity":"high","sources":[{"credibility":2,"name":"LOCAL TRADERS (LCT) Price - CoinPaprika","type":"research","url":"https://coinpaprika.com/coin/lct-local-traders/"},{"credibility":2,"name":"Local Traders price today, LCT to USD - CoinMarketCap","type":"research","url":"https://coinmarketcap.com/currencies/local-traders/"},{"credibility":1,"name":"Local Traders: LCT Token | BscScan","type":"on_chain","url":"https://bscscan.com/token/0x5c65badf7f97345b7b92776b22255c973234efe7"},{"credibility":2,"name":"Local Traders ICO Details - CoinCheckup","type":"research","url":"https://ico.coincheckup.com/local-traders/"}]},{"content":"","heading":"","severity":"high","sources":[{"credibility":2,"name":"Local Traders ICO Rating, Reviews and Details - ICOholder","type":"research","url":"https://icoholder.com/en/local-traders-1035380"},{"credibility":3,"name":"AMA Recap — Local Traders - Crypto Players on Medium","type":"community_report","url":"https://cryptoplayers.medium.com/ama-recap-local-traders-43387434fa88"},{"credibility":2,"name":"Local Traders - CertiK Security Leaderboard","type":"research","url":"https://skynet.certik.com/projects/local-traders"}]},{"content":"","heading":"","severity":"high","sources":[{"credibility":2,"name":"Is Local Trader safe or a scam? - BrokerChooser","type":"research","url":"https://brokerchooser.com/safety/local-trader-broker-safe-or-scam"},{"credibility":2,"name":"Chile Introduces Comprehensive Crypto Framework With 2023 Fintech Law","type":"news_article","url":"https://www.ainvest.com/news/chile-introduces-comprehensive-crypto-framework-2023-fintech-law-2506/"},{"credibility":2,"name":"Crypto Regulations in Latin America 2025 - HackenProof","type":"research","url":"https://hackenproof.com/blog/for-business/crypto-regulations-latin-america-2025-2026"}]},{"content":"","heading":"","severity":"high","sources":[{"credibility":2,"name":"ZachXBT - Wikipedia","type":"other","url":"https://en.wikipedia.org/wiki/ZachXBT"},{"credibility":2,"name":"ZachXBT Uncovers Crypto Theft Network Linked to US Government Seizure Funds - TRM Labs","type":"research","url":"https://www.trmlabs.com/resources/blog/zachxbt-uncovers-crypto-theft-network-linked-to-us-government-seizure-funds"},{"credibility":3,"name":"LOCAL TRADERS Reviews - Trustpilot","type":"community_report","url":"https://www.trustpilot.com/review/localtraders.finance"},{"credibility":3,"name":"Local Traders Channel [OFFICIAL] - Telegram","type":"social_media","url":"https://t.me/s/Localtraderscl"}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":2,"name":"Local Traders - CertiK Skynet Project Insight","type":"research","url":"https://skynet.certik.com/projects/local-traders"},{"credibility":2,"name":"Understanding Local Traders Exploit - Neptune Mutual","type":"research","url":"https://medium.com/neptune-mutual/understanding-local-traders-exploit-d5e1f373b10f"}]}],"sources_used":[{"credibility":2,"name":"Local Traders Official Website","type":"official","url":"https://www.localtraders.finance/"},{"credibility":2,"name":"Understanding Local Traders Exploit - Neptune Mutual on Medium","type":"research","url":"https://medium.com/neptune-mutual/understanding-local-traders-exploit-d5e1f373b10f"},{"credibility":2,"name":"Local Traders Hack (2023) — $118K Lost | Smart Contract Hacking","type":"research","url":"https://smartcontractshacking.com/hacks/local-traders-hack-2023"},{"credibility":1,"name":"Local Traders: LCT Token Contract - BscScan","type":"on_chain","url":"https://bscscan.com/address/0x5c65badf7f97345b7b92776b22255c973234efe7"},{"credibility":1,"name":"LCT Token Tracker - BscScan","type":"on_chain","url":"https://bscscan.com/token/0x5c65badf7f97345b7b92776b22255c973234efe7"},{"credibility":2,"name":"LOCAL TRADERS (LCT) Price - CoinPaprika","type":"research","url":"https://coinpaprika.com/coin/lct-local-traders/"},{"credibility":2,"name":"Local Traders price today - CoinMarketCap","type":"research","url":"https://coinmarketcap.com/currencies/local-traders/"},{"credibility":2,"name":"Local Traders ICO Rating and Details - ICOholder","type":"research","url":"https://icoholder.com/en/local-traders-1035380"},{"credibility":2,"name":"Local Traders ICO Details - CoinCheckup","type":"research","url":"https://ico.coincheckup.com/local-traders/"},{"credibility":2,"name":"Local Traders - CertiK Skynet Project Insight","type":"research","url":"https://skynet.certik.com/projects/local-traders"},{"credibility":3,"name":"AMA Recap — Local Traders - Crypto Players on Medium","type":"community_report","url":"https://cryptoplayers.medium.com/ama-recap-local-traders-43387434fa88"},{"credibility":3,"name":"LOCAL TRADERS Reviews - Trustpilot","type":"community_report","url":"https://www.trustpilot.com/review/localtraders.finance"},{"credibility":3,"name":"Local Traders Channel [OFFICIAL] - Telegram","type":"social_media","url":"https://t.me/s/Localtraderscl"},{"credibility":2,"name":"Local Traders: Best P2P Crypto Trading Platforms in Nigeria - Vanguard News","type":"news_article","url":"https://www.vanguardngr.com/2025/05/local-traders-best-p2p-crypto-trading-platforms-in-nigeria/"},{"credibility":3,"name":"Where to Exchange Crypto for Cash in Ghana - West Africa Trade Hub","type":"news_article","url":"https://westafricatradehub.com/crypto/where-to-exchange-crypto-for-cash-in-ghana-2026-guide/"},{"credibility":2,"name":"Is Local Trader safe or a scam? - BrokerChooser","type":"research","url":"https://brokerchooser.com/safety/local-trader-broker-safe-or-scam"},{"credibility":2,"name":"Chile Introduces Comprehensive Crypto Framework With 2023 Fintech Law","type":"news_article","url":"https://www.ainvest.com/news/chile-introduces-comprehensive-crypto-framework-2023-fintech-law-2506/"},{"credibility":2,"name":"ZachXBT - Wikipedia","type":"other","url":"https://en.wikipedia.org/wiki/ZachXBT"},{"credibility":2,"name":"ZachXBT Uncovers Crypto Theft Network - TRM Labs","type":"research","url":"https://www.trmlabs.com/resources/blog/zachxbt-uncovers-crypto-theft-network-linked-to-us-government-seizure-funds"},{"credibility":2,"name":"Local Traders LCT Project Profile - DropsTab","type":"research","url":"https://dropstab.com/coins/local-traders"}],"summary":"Local Traders (localtraders.finance) is a peer-to-peer cryptocurrency exchange and native token (LCT) project launched in 2021, headquartered in Chile and targeting Latin American and African markets. On May 23, 2023, the platform's smart contract was exploited due to a missing access-control check, resulting in approximately 379 BNB (~$119,000) stolen from its liquidity pool. The LCT token has since declined approximately 99.9% from its all-time high, the platform has shown limited trading volume, unverified team credentials, and a lack of regulatory registration, and the project was flagged by on-chain investigator ZachXBT.","timeline":[{"date":"2021-03","event":"Local Traders whitepaper released; project announced as first LATAM-based tokenized P2P exchange","source":"CoinCheckup ICO listing","source_url":"https://ico.coincheckup.com/local-traders/"},{"date":"2021-06","event":"Local Traders testnet launched","source":"CoinPaprika token timeline","source_url":"https://coinpaprika.com/coin/lct-local-traders/"},{"date":"2021-09","event":"Local Traders mainnet launched; LCT token distribution begins","source":"CoinPaprika token timeline","source_url":"https://coinpaprika.com/coin/lct-local-traders/"},{"date":"2022-10-19","event":"LCT token ICO conducted on Binance Smart Chain at $0.001945 per token; soft cap of 40 BNB","source":"CoinCheckup ICO listing","source_url":"https://ico.coincheckup.com/local-traders/"},{"date":"2022-10-30","event":"CertiK security audit completed; one major Centralization/Privilege finding identified and reportedly resolved; Skynet score 72.07","source":"CertiK Skynet Project Insight","source_url":"https://skynet.certik.com/projects/local-traders"},{"date":"2023-05-23","event":"Smart contract exploit on BNB Chain drains approximately 379.32 BNB (~$119,040) via missing access-control check in function 0xb5863c10; attacker address 0xd771dfa8fa59bd2d1251a0481fca0cf216276dd7","source":"Neptune Mutual exploit analysis","source_url":"https://medium.com/neptune-mutual/understanding-local-traders-exploit-d5e1f373b10f"},{"date":"2023-05-24","event":"Local Traders team publicly acknowledges exploit; announces four-tranche 100 BNB buyback recovery plan and bug bounty via HackenProof","source":"Local Traders Official Telegram Channel","source_url":"https://t.me/s/Localtraderscl"},{"date":"2023-10-03","event":"LCT token reaches all-time high of approximately $0.392085 before subsequent collapse","source":"CoinPaprika","source_url":"https://coinpaprika.com/coin/lct-local-traders/"},{"date":"2025-05","event":"Local Traders featured in sponsored articles on Vanguard Nigeria and Citi Newsroom Ghana promoting platform as best P2P option following Binance P2P withdrawal from African markets","source":"Vanguard News Nigeria","source_url":"https://www.vanguardngr.com/2025/05/local-traders-best-p2p-crypto-trading-platforms-in-nigeria/"},{"date":"2026-05","event":"LCT token trading at approximately $0.000363 — approximately 99.9% below all-time high — with 24-hour volume of under $1 on tracked exchanges","source":"CoinPaprika","source_url":"https://coinpaprika.com/coin/lct-local-traders/"}]},"v":1}