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Topic: Ascendancy IPO Turned Into a Scam - Investigation in progress (Read 38396 times)

legendary
Activity: 1988
Merit: 1317
Get your game girl
legendary
Activity: 2674
Merit: 2965
Terminated.
If you have invested in this project at any time of the IPO / have been scammed, please follow the new thread and make a request using the proper format.

We will only accept requests for a certain amount of time. Therefore, it is your responsibility to report your investment/lost amount as soon as possible.
New thread: https://bitcointalksearch.org/topic/ascendancy-scam-claiming-back-investments-has-ended-1778405
legendary
Activity: 2674
Merit: 2965
Terminated.
You are telling about that Escrow are considering about waiving the escrow fees but why should they charge escrow fees when they are also properly held as a associate to this scam because who ever invested in this IPO is mostly after seeing the escrow persons involved in this
If you think that one of these three escrows is part of this theft for a measly ~$80k or as it currently stands, the more likely <$10k, then you are delusional.

it looked so much legit but now we are seeing that even with you all are being the escrow persons this scam happened why because due to you forget the first rule of escrow is to get the funds directly to the escrow address from the investors and not to be get from the IPO runners.
That is utter bullshit. There is no "fire rule of escrow".

So, money returned? This fuckers should pay gleb for making miracles.
I don't seek, nor will accept compensation.
I have already thanked Gleb for continuing the investigation where I have left off. Nobody is going to get paid, and it seems that users do not understand that other team members spent tens of hours working in the past month.
sr. member
Activity: 383
Merit: 250

IMO, its a scam since i saw them announcing it. Anon devs and LMAO respectonomy wtf..

Money-> scammers -> escrow hahahah!

It looks similar name(non-sense long name), and they use escrows too, one more point, their ico terms look similar, I wish this is not the repeat of ascendancy.

I dont think so, this lame named project is organized than ascendancy.
you are calling that scam just because the names of both project sounds similar? and both have escrow, and both have ICO?
what none sense logic is that? lots of legit projects also happened here.
(I am not vouching or guaranteeing for respectmoney, they can be scam too but this reason to call them scammer is just bulshit)

This place is full of scumbag scammers, people do not realize it? OK, let me count the recent scams, opair, rise, ebits, ascendancy, oracle, let ir ride, ion, bitland, most ICO are scams, you don't wanna be cautious? OK, give your money to RES, let us see who is correct.
sr. member
Activity: 714
Merit: 266

IMO, its a scam since i saw them announcing it. Anon devs and LMAO respectonomy wtf..

Money-> scammers -> escrow hahahah!

It looks similar name(non-sense long name), and they use escrows too, one more point, their ico terms look similar, I wish this is not the repeat of ascendancy.

I dont think so, this lame named project is organized than ascendancy.
you are calling that scam just because the names of both project sounds similar? and both have escrow, and both have ICO?
what none sense logic is that? lots of legit projects also happened here.
(I am not vouching or guaranteeing for respectmoney, they can be scam too but this reason to call them scammer is just bulshit)

If you are aware, go look at the names of the team they are using pseudonym.
Havent you realized what if you are risking your money to kids that has no knowledge in coding..
hero member
Activity: 1148
Merit: 528

IMO, its a scam since i saw them announcing it. Anon devs and LMAO respectonomy wtf..

Money-> scammers -> escrow hahahah!

It looks similar name(non-sense long name), and they use escrows too, one more point, their ico terms look similar, I wish this is not the repeat of ascendancy.

I dont think so, this lame named project is organized than ascendancy.
you are calling that scam just because the names of both project sounds similar? and both have escrow, and both have ICO?
what none sense logic is that? lots of legit projects also happened here.
(I am not vouching or guaranteeing for respectmoney, they can be scam too but this reason to call them scammer is just bulshit)
sr. member
Activity: 714
Merit: 266

IMO, its a scam since i saw them announcing it. Anon devs and LMAO respectonomy wtf..

Money-> scammers -> escrow hahahah!

It looks similar name(non-sense long name), and they use escrows too, one more point, their ico terms look similar, I wish this is not the repeat of ascendancy.

I dont think so, this lame named project is organized than ascendancy.
sr. member
Activity: 383
Merit: 250

IMO, its a scam since i saw them announcing it. Anon devs and LMAO respectonomy wtf..

Money-> scammers -> escrow hahahah!

It looks similar name(non-sense long name), and they use escrows too, one more point, their ico terms look similar, I wish this is not the repeat of ascendancy.
sr. member
Activity: 714
Merit: 266

IMO, its a scam since i saw them announcing it. Anon devs and LMAO respectonomy wtf..

Money-> scammers -> escrow hahahah!
hero member
Activity: 722
Merit: 500
vip
Activity: 1428
Merit: 1145
So, money returned? This fuckers should pay gleb for making miracles.

I don't seek, nor will accept compensation.
sr. member
Activity: 714
Merit: 266
So, money returned? This fuckers should pay gleb for making miracles.
vip
Activity: 1428
Merit: 1145
May I suggest that those who acted as escrow agents waive the fee(s)? It'll make their brands more viable via not profiting off this unfortunate episode.
Well, there is a lot of accounting work ahead of us (calculating everything and paying back isn't going to be easy). However, that is already being considered. This is just a "preliminary statement" so that people calm down and stop spamming this thread with nonsense. People should be both thankful and relaxed, considering that we have potentially moved down from a loss rate of ~92.5% (technically 50% in reality if the <10 BTC claim is true) to a maximum of ~25%.

You are telling about that Escrow are considering about waiving the escrow fees but why should they charge escrow fees when they are also properly held as a associate to this scam because who ever invested in this IPO is mostly after seeing the escrow persons involved in this, it looked so much legit but now we are seeing that even with you all are being the escrow persons this scam happened why because due to you forget the first rule of escrow is to get the funds directly to the escrow address from the investors and not to be get from the IPO runners.

But i am really happy to know that you all are working hard to get back the invested bitcoins, but still their are so many loop holes to be cleared so that next time this type of scam should not be happened.

I might as well quote your reply in re escrows, albeit any other priorly echoing the expressed sentiment would've sufficed.

I'll soon be reintroducing YuTü.Ço.in seeking ICO funding, strongly toying with having in place a trusted escrow agent acting as an intermediary doling out funds on an as-needed basis during the nascent stage of the endeavor, thus insuring initial investors-cum-users' investments.

Said agent will only deduct the agreed-upon prevailing fee percentage to their coffer per each requested quasi-certified transaction oppose to during distribution of the entire fund on account on demand to the venture's control. I envision more than one funding round employing the same practice, with subsequent round requests not put forth till previous rounds met scrutiny.

Yes, I'm versed that such a process outlined above is readily available via other platforms, but opting to forego their use in accomplishing the same feat less formally on the Bitcointalk forum since here ICOs are all the rage. I feel that such an approach is morer betterer then what has been demonstrated to date, if you get my drift.

Apologies for this post being self-serving, but ... ah, fuck it! I'm not apologizing. I'll just pretend that I earned the privilege due to my participation in this thread.  Tongue Tongue Tongue That said, any escrow dudes reading this wanna be my money dude? PM me if so, but please be aware that you'll be vetted (that's a twist) during the consideration process.

Bruno

PS: Thank you, Michael Adair, for doing what's right. Hit me up once this episode clears up if you want to bring some of your skillsets to my venture's table, e.g. web design, whereupon you'll be paid accordingly for your services [unless Ivan and I make a run for it to the Costa Rican border to retire among the peleides blue morphos a stone's throw from the former Laissez Faire City].
hero member
Activity: 1260
Merit: 524
May I suggest that those who acted as escrow agents waive the fee(s)? It'll make their brands more viable via not profiting off this unfortunate episode.
Well, there is a lot of accounting work ahead of us (calculating everything and paying back isn't going to be easy). However, that is already being considered. This is just a "preliminary statement" so that people calm down and stop spamming this thread with nonsense. People should be both thankful and relaxed, considering that we have potentially moved down from a loss rate of ~92.5% (technically 50% in reality if the <10 BTC claim is true) to a maximum of ~25%.

You are telling about that Escrow are considering about waiving the escrow fees but why should they charge escrow fees when they are also properly held as a associate to this scam because who ever invested in this IPO is mostly after seeing the escrow persons involved in this, it looked so much legit but now we are seeing that even with you all are being the escrow persons this scam happened why because due to you forget the first rule of escrow is to get the funds directly to the escrow address from the investors and not to be get from the IPO runners.

But i am really happy to know that you all are working hard to get back the invested bitcoins, but still their are so many loop holes to be cleared so that next time this type of scam should not be happened.
vip
Activity: 1428
Merit: 1145
Somebody's deleting posts: https://bitcointalksearch.org/topic/m.14972860 (close to 500 now gone)
sr. member
Activity: 644
Merit: 250
Runaway Train again!

Not ICO but IPO. lol
Not a COIN but a FRAME UP, sorry its framework i mean.. lol.

All coming ICOs must be banned and not be supported next time. I wonder if theres still people will invest again into this kind of program. Indeed, escrows still not guarantee credibility of the project. We cant deny people only invest into project with trusted escrows. But everything is just financial interest without further research of the said coin and people behind it. Anonymity  is never an excuse these days while other devs taking advantage of it!

Btctalk must have standard, that the whole team and escrows must take responsibility incase project will turn to scam next time. They are one big element for people still fall into this. Just an opinion!
full member
Activity: 238
Merit: 100
Me is Cute
so....they did not get 75 BTC and faked that data and were trying to run away with just 7 BTC?

who the fuck would risk their whole bloody life for 7 BTC?

that's a special kind of stupid......
sr. member
Activity: 314
Merit: 250
scam again, almost ico coin is scam. Ascendancy use escrow service right?

god save me from this shitt
Stop spamming for your campaign and read the thread.

Report the police, his university and company will suspend and fire him, you know fraud and scam is a serious criminal, it is felony in every country, police will catch him. His ass will be dangerous in prison.  Angry Angry
No. Stop spamming with bullshit. Read my previous post.

It's not spamming.

btw: I didn't buy ascendencycoin I was waiting for good whitepaper...

next time guys search for information everywhere and feel free to put that information into coin thread for all, before a scam, because threads are used for it.
Are you afraid that people will look askance at you. fuck it.
legendary
Activity: 2674
Merit: 2965
Terminated.
scam again, almost ico coin is scam. Ascendancy use escrow service right?

god save me from this shitt
Stop spamming for your campaign and read the thread.

Report the police, his university and company will suspend and fire him, you know fraud and scam is a serious criminal, it is felony in every country, police will catch him. His ass will be dangerous in prison.  Angry Angry
No. Stop spamming with bullshit. Read my previous post.
hero member
Activity: 524
Merit: 500
Report the police, his university and company will suspend and fire him, you know fraud and scam is a serious criminal, it is felony in every country, police will catch him. His ass will be dangerous in prison.  Angry Angry
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