Litecoin Cash Scam or Legit?

A report published in Business Insider Says:

Litecoin cash is not affiliated with litecoin in anyway, and litecoin founder Charlie Lee has warned any fork could be a scam.

In an interview with Business Insider, the fork's founders maintain that litecoin cash not a scam, and an improvement on the original litecoin.

Litecoin cash's founders insist that isn't the case with this new cryptocurrency.

"As to the name, it’s strictly a product of convention. No confusion is intended, but it has simply become customary for a new coin arising from a fork to use the forked coin’s name as a prefix to its own," litecoin cash's head of design Michael "Scarlet" Wyszynski told Business Insider.

"And while we're not affiliated with Litecoin or the Litecoin dev team in any way, we will share the first 1371111 blocks of transactions in the ledger. People are absolutely right to be cautious and skeptical."

This post has been updated to include comment from the litecoin cash team.

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Content and image source credit: http://markets.businessinsider.com/news/stocks/litecoin-price-sinking-after-litecoin-cash-fork-announced-2018-2-1015641351 & Google Images