Even the co-founder has now admitted to it being a scam:
Source: https://www.cryptonewsz.com/4000k-gbp-missing-leo-ceo-still-under-arrest-in-pakistan-what-is-the-leo-scam-all-about/10389/
Topic: ANN - LEOcoin - Unofficial LEOcoin thread (unmoderated thread) (Read 1208 times)
Even the co-founder has now admitted to it being a scam:
Source: https://www.cryptonewsz.com/4000k-gbp-missing-leo-ceo-still-under-arrest-in-pakistan-what-is-the-leo-scam-all-about/10389/
February 01, 2017, 10:58:54 AM
Quote from: Bitcoin Forum
A reply of yours, quoted below, was deleted by the starter of a self-moderated topic. There are no rules of self-moderation, so this deletion cannot be appealed. Do not continue posting in this topic if the topic-starter has requested that you leave.
You can create a new topic if you are unsatisfied with this one. If the topic-starter is scamming, post about it in Scam Accusations.
You can create a new topic if you are unsatisfied with this one. If the topic-starter is scamming, post about it in Scam Accusations.
Quote
So Leocoin foundation, why are you deleting these?
They are not FUD items.
They are extremely pertinent to the very existence of LEOCOIN.
Your investors have the right to know that one of your founding members has been fired and that the company is under police investigation.
For you to try and suppress this information reflects very badly on your character and does not do you any favours.
As your other founder said, he puts members of Leocoin above anything else, so your members deserve to know that you are promoting a scheme
that is accused of MONEY LAUNDERING!!!
They are not FUD items.
They are extremely pertinent to the very existence of LEOCOIN.
Your investors have the right to know that one of your founding members has been fired and that the company is under police investigation.
For you to try and suppress this information reflects very badly on your character and does not do you any favours.
As your other founder said, he puts members of Leocoin above anything else, so your members deserve to know that you are promoting a scheme
that is accused of MONEY LAUNDERING!!!
Quote from: Bitcoin Forum
A reply of yours, quoted below, was deleted by the starter of a self-moderated topic. There are no rules of self-moderation, so this deletion cannot be appealed. Do not continue posting in this topic if the topic-starter has requested that you leave.
You can create a new topic if you are unsatisfied with this one. If the topic-starter is scamming, post about it in Scam Accusations.
You can create a new topic if you are unsatisfied with this one. If the topic-starter is scamming, post about it in Scam Accusations.
Quote
September 14, 2016, 01:31:03 AM
Just to get this clarification in on the first page of this unmoderated discussion for noobs to the coin:
LEOcoin is a cryptocurrency promoted by scammers who run an MLM/Pyramid scheme, predominantly in poor countries with a lack of financial oversight or regulation.
These scumbags arrange for meet-and-greet photo-opportunities with policiticans, who do such things in return for afee donation.
People who are unaware of this believe that these meetings indicate that the coin is being taken seriously by people in government. Let me make this perfectly clear:
No politician would risk destroying their career by actively promoting LEOcoin as even the briefest of internet searches quickly reveals that the people behind LEO are running an MLM/Pyramid scheme. They may meet with them, they may accept theirmoney donation, but they are not so dumb as to actually support LEOcoin.
LEOcoin was simply a clone-coin of Mintcoin originally, rebranded and marketed as though it had been specially coded by their 'experts' with innovative tech, unique to LEOcoin. This was and still is an outright lie.
LEOcoin is a cryptocurrency promoted by scammers who run an MLM/Pyramid scheme, predominantly in poor countries with a lack of financial oversight or regulation.
These scumbags arrange for meet-and-greet photo-opportunities with policiticans, who do such things in return for a
People who are unaware of this believe that these meetings indicate that the coin is being taken seriously by people in government. Let me make this perfectly clear:
No politician would risk destroying their career by actively promoting LEOcoin as even the briefest of internet searches quickly reveals that the people behind LEO are running an MLM/Pyramid scheme. They may meet with them, they may accept their
LEOcoin was simply a clone-coin of Mintcoin originally, rebranded and marketed as though it had been specially coded by their 'experts' with innovative tech, unique to LEOcoin. This was and still is an outright lie.
September 13, 2016, 09:32:27 PM
Heh, lets see what goes down here..
September 13, 2016, 09:21:28 PM
Is it too late to solo mine?
September 13, 2016, 08:31:06 PM
any bounty dev
facebook campaign twitter campaign or signature campaign
facebook campaign twitter campaign or signature campaign
I am no dev...this is just an annoucement [ANN] thread which is unmoderated..
i created this thread so people can read post by LEOcoin critics
this is LEOcoin official thread
https://bitcointalksearch.org/topic/ann-leocoin-official-leocoin-thread-moderated-by-leocoin-foundation-1545712
..you ask this person in charge there
and no. i don't support LEOcoin and their MLM schemes
September 13, 2016, 06:58:06 PM
is there a bounty translation? Indonesia translation will be ready if any 
sorry, you have to ask the moderator of this thread (official thread)
https://bitcointalksearch.org/topic/ann-leocoin-official-leocoin-thread-moderated-by-leocoin-foundation-1545712
he is the one affiliated with LEOcoin... i just made this thread for the purpose of free speech because the official thread is heavily moderated..
September 13, 2016, 06:51:04 PM
is there a bounty translation? Indonesia translation will be ready if any
September 13, 2016, 06:17:22 PM
Quote
your red flag should be bigger when you look at no.12 in this site LOL https://www.leoxchange.com/
What made you want to look up therein lies the problem? Please enlighten us?
it was inserted there to make it look like a very successful coin
Sry bro i am not satisfied with ur answer.. please write all top 20 coin and their size of community and then u maybi start thinking and when u start use brain than i maybi satisfied with ur answer..
here is what my brain says: it was inserted there to make it look like a very successful coin
this is the coinmarketcap website, this site is not affiliated with any coin.. no LEOcoin in no.12 spot
http://coinmarketcap.com/
this is a LEOcoin exchange with a coinmarketcap listings and also this exchange is affiliated with LEOcoin... LEOcoin is in no.12 spot
https://www.leoxchange.com/
community?
your two way circle jerk thread and sockpuppetry? LOL
MLM community of scammers
September 13, 2016, 05:58:50 PM
follow in twitter. wait bounty
September 13, 2016, 05:57:14 PM
well here it goes...
LEOcoin foundation guy is like a loose cannon at deleting critic posts..
welcome to Unofficial LEOcoin thread.
LEOcoin foundation guy is like a loose cannon at deleting critic posts..
welcome to Unofficial LEOcoin thread.
September 13, 2016, 05:56:15 PM
reserved
September 13, 2016, 05:55:08 PM
reserved
September 13, 2016, 05:54:57 PM
reserved
September 13, 2016, 05:54:35 PM
here is the heavily moderated official thread (for reference purposes)
https://bitcointalksearch.org/topic/ann-leocoin-official-leocoin-thread-moderated-by-leocoin-foundation-1545712
https://bitcointalksearch.org/topic/ann-leocoin-official-leocoin-thread-moderated-by-leocoin-foundation-1545712
What is LEOcoin?
Technical information about LEOcoin
LEOcoin (LEO) is a peer-to-peer digital currency and open source software project. LEOcoin creation and transfer is based on an open source protocol and is not managed by any central authority.
LEOcoin is an altered version of Litecoin and for two years used scrypt-Jane as a proof-of-work (POW) and proof-of-stake (POS) algorithm with a modified nFactor. In July 2016 LEOcoin switched to a sole proof-of-stake procedure. Under PoS users are asked to prove ownership of a certain stack of LEOcoins. This makes the LEOcoin network more secure and over time creates new LEOcoin without consuming large amounts of energy.
The LEOcoin source code on GitHub LEOcoin mentions following properties:
• LEOcoin algorithm: scrypt-Jane
• Maximum number of LEOcoins: 1 Billion LEO
• Premined LEO Company Stock: 50 Million LEO (5%)
• Block Time: variable
• Minimum Stack age: 24 hours
• Maximum Stack age: 5 years
• Difficulty: Retarget every block
• No block Halving Rate
• Block Award: stake interest
• First block: 15th of June 2014 (15:23:02)
• Switch to PoS: block 1071500 on 1st of July 2016 (13:43:03)
PoS operates based on variation difficulty - coins are generated based on age and number of coins in respective wallet so previous PoW (Proof-of-Work) block time of 1 minute and block size of 20 LEOcoins is no longer applicable.
User information regarding LEOcoin
• open for all to stake
• can be exchanged for cc & fiat currency (BTC, USD, GBP, EUR)
• pseudonymous
• secure
• user friendly
• part of a growing community of entrepreneurs
PoS - Approximate annual percentage reward
• Wallets with a balance under 1,000 LEOcoin get minimal stake (if any)
• Wallets with a balance from 1,000-4,999 LEOcoin get 10% annual stake interest
• Wallets with a balance from 5,000-49,999 LEOcoin get 15% annual stake interest
• Wallets with a balance over 50,000 LEOcoin get 20% annual stake interest
Also see: https://www.leocoin.org/WhatisProofofStake.aspx
What is the LEOcoin Foundation?
The LEOcoin Foundation is a non-profit organization that is dedicated to the development of LEOcoin. The mission of the LEOcoin Foundation is to promote the use of LEOcoin and other legitimate digital currencies. Currently the LEOcoin Foundation holds 10 million LEOcoin.
Goals of the LEOcoin Foundation
Through PR, lobbying and providing information to the cryptocurrency world, general public, entrepreneurs and policymakers, the LEOcoin Foundation seeks make LEOcoin one of the leading digital currencies. LEOcoin Foundation expects that LEOcoin and other legitimate digital currencies will ultimately form a key component in the global monetary system.
Actions by the LEOcoin Foundation on behalf of LEOcoin
- Promote LEOcoin with PR, news-updates and videos:
o in social media
o with technological policy makers
o amongst entrepreneurs all over the world
- Represent LEOcoin in the cryptocurrency world by:
o joining forums to inform about LEOcoin and to answer questions
o getting listed on websites that show digital currencies by market capital
o support mining pools and miners
o teaming up with leading cryptocurrency exchanges
- Support projects that endorse the distribution and use of LEOcoin, like:
o ATM machines
o API for web developers
o Online payment systems
o Merchant promotion (for merchants see: http://leocoinmerchants.com/)
o LEOcoin Wallets
Important Links & Downloads
LEOcoin Foundation
- http://leocoinfoundation.org/
LEOcoin Introduction Video
- English http://view.vzaar.com/2512948/player?autoplay=true&looping=true&border=false
- Arabic http://view.vzaar.com/2512903/player?autoplay=true&looping=true&border=false
- Chinese http://view.vzaar.com/2512919/player?autoplay=true&looping=true&border=false
- Croatian http://view.vzaar.com/2512928/player?autoplay=true&looping=true&border=false
- French http://view.vzaar.com/2513043/player?autoplay=true&looping=true&border=false
- German http://view.vzaar.com/2513172/player?autoplay=true&looping=true&border=false
- Hindi http://view.vzaar.com/2513223/player?autoplay=true&looping=true&border=false
- Hungarian http://view.vzaar.com/2513269/player?autoplay=true&looping=true&border=false
- Japanese http://view.vzaar.com/2513320/player?autoplay=true&looping=true&border=false
- Polish http://view.vzaar.com/2513376/player?autoplay=true&looping=true&border=false
- Portuguese/Brazil http://view.vzaar.com/2513471/player?autoplay=true&looping=true&border=false
- Russian http://view.vzaar.com/2513529/player?autoplay=true&looping=true&border=false
- Serbian http://view.vzaar.com/2513574/player?autoplay=true&looping=true&border=false
- Slovak http://view.vzaar.com/2513620/player?autoplay=true&looping=true&border=false
- Slovenian http://view.vzaar.com/2513670/player?autoplay=true&looping=true&border=false
- Spanish http://view.vzaar.com/2513793/player?autoplay=true&looping=true&border=false
- Turkey http://view.vzaar.com/2513840/player?autoplay=true&looping=true&border=false
- Urdu http://view.vzaar.com/2514113/player?autoplay=true&looping=true&border=false
Wallet Downloads
- Windows 32 &64 bit, Mac OS and Linux, Android App and IOS - http://www.leocoin.org/Default.aspx#about
- Installation guide http://www.learnearnown.com/assets/Stuff/LEOcoin%20PoS%20wallet%20installation%20guide.pdf
- Download the blockchain (for experts): https://drive.google.com/folderview?id=0B06_njFd7yzseElfMURQcW94d1k&usp=sharing
Block Explorer
- Official LEOcoin Block Explorer http://explorer.leocoin.org/
- Third party Block Explorer (from the former LEO2moon mining pool) http://insight.leo2moon.com/
- Third party Block Explorer (Cryptobe) http://cryptobe.com/chain/LEOcoin
- Third party Block Explorer (Block Experts) https://www.blockexperts.com/leo
Distribution of LEOcoin
- Official LEOcoin distribution https://www.leocoin.org/LEODistribution.aspx
LEOcoin Source Code
- Official LEOcoin source code (GitHub) https://github.com/Leocoin-project/LEOcoin
Market Cap and Volume Listings
- Solid top 15 place on CoinMarketCap http://coinmarketcap.com/currencies/views/market-cap-by-total-supply/
- Cryptocoin Charts http://www.cryptocoincharts.info/coins/show/leo
- World Coin Index https://www.worldcoinindex.com/coin/leocoin
- CoinGecko https://www.coingecko.com/en/coins/leocoin
LEOcoin Exchanges
- Official LEOcoin Exchange – app. 19,500 users (London, UK) https://www.leoxchange.com/
- LEOBIT LEOcoin Exchange – app. 1,375 users (Ljubljana, Slovenia) https://leobit.net/
- Bitcoin Trading Ltd. Thailand https://bx.in.th/BTC/LEO/
- c-cex.com https://c-cex.com/?p=leo-btc
- Livecoin https://www.livecoin.net/trade/index
- Cyptopia https://www.cryptopia.co.nz/Exchange/?market=LEO_BTC
- Megacrypton BTC: https://live.megacrypton.com/market/38, LTC: https://live.megacrypton.com/market/39
LEOcoin Facebook Pages
- Official LEOcoin page https://www.facebook.com/LEOcoin.org
- LEOcoin Club (fan page) https://www.facebook.com/LeoCoin-Club-1614487915462081/?fref=ts
- LEOBIT Exchange https://www.facebook.com/LEObitLEObit/
- Official LEOcoin Exchange https://www.facebook.com/leocoinexchange/
Follow LEOcoin on Twitter https://twitter.com/LEOcoinORG
Follow LEOcoin Foundation on Twitter https://twitter.com/LEOcoin_Fdn_CIC
RULES on this moderated thread
This thread is about LEOcoin and will moderated by the LEOcoin Foundation. This thread is not the place to discuss third party business. For questions with regard to LEO Ltd., LEOcrowd, myLEOtravel or LEOxChange, please contact their support.
Contribute to the quality of this thread by a) sharing relevant and verifiable information; and b) asking questions that display genuine interest in LEOcoin, its owners and its development.
- What Behaviour do we favour?
o Be Excellent To Each Other
o Not making this a Asshatchery (A place where asshats congeal, usually gutters and online chat rooms. Don't Be An Asshat!)
o Respect the topic
o Discuss ideas, not people
- What will be deleted?
o Posts from known trolls, asshats, crybabies and wanna-bee’s
o Unfounded critique
o Personal attacks
o Irrelevant posts about third parties, their products or services or support
o Advertising or pumping
- How this forum will be cleaned?
Post that go against the rules can be deleted any time. To keep this forum accessible and readable we will regularly remove older posts when they:
o are no longer relevant (e.g. when an event has passed)
o are now common knowledge (e.g. when the new exchange is no longer a ‘new’ one)
o are sufficiently answered elsewhere
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