Lets say you start an ICO for 100 BTC on the exchange S-Scam
You know all you need to provide is a working altcoin wallet to S-Scam's "Dev's" to get at least 50% of the (sold) ICO funds.
So 50 BTC here because there will be a buyback-wall set up at the same price the coins where sold during ICO after ICO finishes.
During ICO or after ICO you notice that you're such a bad developer that you cannot integrate the features you promised and you remain silent.
You still get the 50% of the ICO, right ?
bumping my question
The only question that needs answering, isnt the whole wallet cloned from another aswell?
Sure it is.. But are'nt those ICO's literally a "money printing machine" if my above statement is correct ?
looks like is correct. You see thats post:
https://bitcointalksearch.org/topic/m.11927048
i dont understand people, why show reaction for scams.