This is what happens when amateurs go into business... It's the same with 99% of crypto.
I think the best way for them is to start refunding ICO funds to investors because they apparently aren't capable running a business and surely won't be capable executing on their promise.
Topic: [ANN][ICO] «Envion» Most Profitable Self-Expanding Crypto Infrastructure - page 62. (Read 125687 times)
May 17, 2018, 06:46:28 AM
May 17, 2018, 06:18:35 AM
It seems too bad things happened to Envion. But we need detailed update. Many things are still unclear.
"Woestmann filed a criminal complaint in Berlin and informed the Swiss financial supervisory authority FINMA."
Can anyone from small investors confirm this siituation from Berlin in Germany or in Swiss and put here notice?
Can anyone from small investors confirm this siituation from Berlin in Germany or in Swiss and put here notice?
There is a lot of shit flying around Envion project and now this shitstorm is even bigger. Here you are, watch this video. Founders explain the situation with the lawsuit against them. I had a little hope that finally, Envion wakes up but after watching this video I lost it. This is only beginning and we all will be witnesses of 100 million dollar scam, I think. If lawsuits start to fly around there will be nothing good in the end from this.
"Founders Sue CEO Matthias Woestmann's corp. for world's first analogue hacking." Latest medium article: https://medium.com/@TradoGmbH/envion-founders-sue-for-worlds-first-analogue-ico-hacking-4fa42a636104
Envion Founders Team Statement on Vimeo: https://vimeo.com/270171512
UPDATE
I keep researching and found this site were CEO explains his side of things and as always when you hear his explanation founders are guilty. When you watched founders video on Vimeo you thought that CEO stole tokens. They even call it "First analogue hacking". But truly said there is nothing in the white paper about additional 20 million tokens. I heard about this first time 2 months ago when the announcement shoes up
http://envion-recovery.org/
What do you think guys? Who is the bad guy here?
Looks like there is no agreement from day one just after the creation of additional tokens. Why all this lies about KYC and ongoing audits we have seen in the last announcement? There was nothing about a disagreement between CEO and founders team. Now they show up with video try to explain themselves. So from the first day, there was a problem and nobody said a word about this until yesterday. Why?
I think because founders hoped on agreement and CEO don't. Founders did something wrong and against the law, so CEO is holding all cards now. It will be good if somebody from members has a knowledge and experience in such cases, especially from Switzerland.
I would like to know how the next months will look like. What are the next legal steps and how long this would take?
I will be glad to hear possible scenarios for investors. I know that this is almost impossible that we have a member with such a knowledge but maybe law students can be helpful with further explanations.
May 17, 2018, 05:51:08 AM
At this price, it seems like a bargain, the problem is this is crypto...EVN raised a whooping +100 millions in ICO, and now it's only 1/5 of that. I'm not sure where all the $$$ went, but it doesn't looks so good right now. Again, this is crypto, so even at 30 millions market cap, that number could still goes down to zero, if the CEO decided to take the $ and run.
May 17, 2018, 05:41:08 AM
I am very disappointed for investment into this project and now it showing there is no serious team behind this project some greedy people who are fighting for money. It seems this will be big lose for me and lesson learned never invest into this kind of project.
May 17, 2018, 05:35:15 AM
I am buying more and more from yesterday during this panic sell it looking people are trying to get rid of this project but there is still good hope that matter will get resolved and it will back to the original level of price.
I owe some as well, but why do you think the price will go back?
Aren't the founds stuck? so there will be no further development?
There will now be a legal dispute between the Founders and the CEO of Envion so the courts will decide who proceeds with the project.
May 17, 2018, 05:11:08 AM
I am buying more and more from yesterday during this panic sell it looking people are trying to get rid of this project but there is still good hope that matter will get resolved and it will back to the original level of price.
I owe some as well, but why do you think the price will go back?
Aren't the founds stuck? so there will be no further development?
May 17, 2018, 04:40:12 AM
I am buying more and more from yesterday during this panic sell it looking people are trying to get rid of this project but there is still good hope that matter will get resolved and it will back to the original level of price.
May 17, 2018, 04:34:09 AM
a very bad situation with this project. The exchange rate of the coin has become much cheaper due to this news. Envion (EVN)
$0,180898 USD (-41,35%)
0,00002185 BTC (-41,57%)
0,00025854 ETH (-42,03%)
$0,180898 USD (-41,35%)
0,00002185 BTC (-41,57%)
0,00025854 ETH (-42,03%)
Isn't it normal? They have been postponing the mass production for months. CEO was trying to scam them as they said. What a project
May 17, 2018, 04:24:29 AM
This conflict has reached in front of court and since it is registered company it has chances to come back in future. At this stage risk of loosing everything is very high but seeing tokens this cheap I also put some money to gamble on Envion. It is purely an act of gamble which can bring further loss to me but who knows what actually is going on ?
Could you elaborate this a bit more, what court? I have no idea what Envion's doing and was waiting patiently any positive news. But my options are narrowing, and my patience is all but gone.
The official press release from founding members: medium.com/@TradoGmbH/envion-founders-sue-for-worlds-first-analogue-ico-hacking-4fa42a636104
May 17, 2018, 04:18:33 AM
a very bad situation with this project. The exchange rate of the coin has become much cheaper due to this news. Envion (EVN)
$0,180898 USD (-41,35%)
0,00002185 BTC (-41,57%)
0,00025854 ETH (-42,03%)
$0,180898 USD (-41,35%)
0,00002185 BTC (-41,57%)
0,00025854 ETH (-42,03%)
May 17, 2018, 04:16:30 AM
This conflict has reached in front of court and since it is registered company it has chances to come back in future. At this stage risk of loosing everything is very high but seeing tokens this cheap I also put some money to gamble on Envion. It is purely an act of gamble which can bring further loss to me but who knows what actually is going on ?
Could you elaborate this a bit more, what court? I have no idea what Envion's doing and was waiting patiently any positive news. But my options are narrowing, and my patience is all but gone.
May 17, 2018, 04:07:17 AM
I don't believe a single word MW has said in his video there are just too many facts and he has take 5 months to say anything lol, he has no clue what an open ledger is.
May 17, 2018, 04:00:45 AM
People didn't get back their invested money for example one comment above mine can be seen and you are talking about reward for supporting. I think this will have epic ending and till two parties will reach at some solution thing will be messed up. In video he shows will to pay bounties and ground realities are telling totally contrary things.
May 17, 2018, 03:53:22 AM
Did anyone succeeded to get refund from credit card payment? I paid with master card... What can I do to get refund?
May 17, 2018, 03:44:56 AM
This project is an official scam now? Participated in Envion signature campaign few months ago. Never got my tokens.
Sorry for your loss guys. Projects like this damage the entire crypto ecosystem and don't shed any good light on us and the complete community
Sorry for your loss guys. Projects like this damage the entire crypto ecosystem and don't shed any good light on us and the complete community
May 17, 2018, 03:24:01 AM
This conflict has reached in front of court and since it is registered company it has chances to come back in future. At this stage risk of loosing everything is very high but seeing tokens this cheap I also put some money to gamble on Envion. It is purely an act of gamble which can bring further loss to me but who knows what actually is going on ?
May 17, 2018, 03:08:00 AM
Well, stop hoping, there will be no mining. Wondering where the millions went or will go ...
May 17, 2018, 02:44:44 AM
Another initial coin offering which got victim of greed and personal interests. Things from start were not looking good that's why there weer less communications and delay in bounties distribution. These were the reasons behind the scene which came out on surface. I hope they will resolve these issues and production/installation will be restored back sooner.
May 17, 2018, 12:37:29 AM
i had a strange feeling about this ico weeks ago. now the token is worth only 15 cents and many people lost a lot of money
Thread from November 15, 2017 :
https://bitcointalksearch.org/topic/envion-fraud-2404463
May 16, 2018, 10:52:55 PM
i had a strange feeling about this ico weeks ago. now the token is worth only 15 cents and many people lost a lot of money
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