I keep reading the progress of this project
and all the people who say xmrg is a scam ..
I think this project is not working properly and dev can not solve the problem
CoinExchange.io SupportFollow
Feb 4
Monero Gold (XMRG) Statement
On the 4th of February 2018 we halted both the Monero Gold markets on CoinExchange.io:
https://www.coinexchange.io/market/XMRG/BTChttps://www.coinexchange.io/market/XMRG/ETHWe halted these markets immediately after we became aware that a large number of coins had been created and transferred to the deposit address of a CoinExchange.io user.
A percentage of these coins were dumped onto both markets on CoinExchange.io.
Upon further investigation we regret to inform the community that it appears that the developers are responsible for this fraudulent activity. We have come to this conclusion because of the following points:
1 — The XMRG token was created by the following Ethereum address:
https://etherscan.io/address/0x70c17961abaaa470a2629825de50475fe4d8ab9d2 — The XMRG token creation (by the address above) txid:
https://etherscan.io/tx/0xbda1e865fcaa7ee5bb709f6b829cc9532a8062b1ebc9b50af8c8491476b1a0753 — The same address was also resposible for the recent creation of a very large number of tokens, please see the following transaction:
https://etherscan.io/tx/0xd1955ccec2f0e7a9a86c8dd4b9161265b0348fb3c7436a98e107c68e381c76acAccordingly, we have decided that the remaining bitcoin in the Monero Gold developers CoinExchange.io account will be used as a buy wall to offer holders of the now defunct Monero Gold token some small compensation.
In addition to the bitcoin remaining in the Monero Gold developers account we have also added all fees, including the listing fee of 2 BTC, to the buy wall amount.
The total amount in the buy wall will be:
22.418 BTC — Remaining BTC in Monero Gold developers account
2 BTC — Listing fee
1.475 — Total trades fees to date including BTC and ETH markets
— — — — — —
Total 25.893 rounded up to 26 BTC
We will place a buy wall of 26 BTC at 0.00000002 BTC until the market and XMRG are delisted at a later stage (to be announced).
In the process of writing this release we have become aware that the Monero Gold website has been replaced with a Pepe meme. This further confirms that this was a premeditated scam perpetrated by the Monero Gold developers of which CoinExchange.io was also a victim.
Screenshot from monero-gold.org Website
While we believe there was no negligence on our behalf we will now increase our efforts in all areas of security and customer protection.
Coinxenchage knew what was going on and here are their answers to prove their understandings.
You have for example 100000 xmrg, you will get back 200000 sat.
Forget about xmrg shit and move to a serious trading platform like finance, bitrex... and good luck ans sorry for you.
Thank you for this important information. From here I know that this project is really a scam. Many have previously said that this project is a scam, but it seems the team is trying to protect the project by distributing 500 XMRG to each participant of the 2nd airdrop round. But by reading this information, I am more and more convinced that my suspicions are true.