Topic: AZBIT AND BITSANE.COM SCAM!!!!!!! (Read 877 times)

Everything seems to have gone silent on this one.



Bizarrely their bitcointalk account still logged on after the exchange disappeared.

https://etherscan.io/token/0x77fe30b2cf39245267c0a5084b66a560f1cf9e1f appears to be the only one with a real Azbit logo and 300K addresses;.

They have changed contracts 3 times:

0xeccab39acb2caf9adba72c1cb92fdc106b993e0b

0x77fe30b2cf39245267c0a5084b66a560f1cf9e1f

0xaaaaaaaba2ea3daab0a6c05f1b962c78c9836d99


and still don't know which fucking one is real 😡

still can't able to move that shit. waste of gas fee😡

I have my thoughts about Azbit as well. And I would like to share it. First of all I am looking in the project for some time but mainly person behind it. I hold some amount of Azbit but only to see if a scam can turn out to be true to what they say the would be. First of all let start at the contracts which are changing constantly like underwear. There are people with millions of tokens that got them just by accident. Circulating supply is not realistic, token burning will newer suceed because they will always print more no matther what they sey. They have locked coins they say, and also the say they are burning them but at the same time selling them and dumping the price. There was listing in bitforex which bitforex freezed because dumping so hard. When questioned about it, they said they are viczims ass well as their total supply is on BF. When clearly wasnt if you check TX. Then it is famous listing on Hotbit which already has it's flaws. We can't whitdraw them because of technical issue. Which I dont know what could possibly given that it runs on ETH blockchain and till Hotbit everything was fine with transactions. The people behind it are also not very legitimate. Max is question able for his role in exchange fraud. Roger, I dont really trust a little bit. Giving his role in many things that gone awry and investors loosing money. The sad part is, that history has shown us that when Roger tweets ornmakes a video isi is already too late. And now all people in forum are waiting for his magic tweet that is promised to turn things arround. Some of us are terryfied. But all in all the listing was done. And trading on Hotbit come to fruittion, albeit with a great dump. And now it raises a question to us all!? Can they really make what they promised a long time ago, seeing how it started and taking in consideration all their failures. They have all legal writings, but you have to understand that EU is soft on cryptocurency, especially some that hasnt really been advertised - maybe thats the reason they haven't really advertised it. Anyway some off us started to questioning the legitimacy and I don't wan't to scare anybody but it is some what possible of an exit scam some time in the future or a hack from their side and they are done. It would be helpful to get a mail to european comission of finance and licensing to check their papers. Cause as we know papers can be falsified and scamers are getting pretty darn smart about this stuff. It is still possible that we are all just paranoid and they have just bad luck and when put everything asside they could deliver what they promised but for now percentage points are on the bad side. So take care.

Decided to tag them in the hope of getting a response to the allegations. I've held off with creating a flag (not able to be removed) in the hope for some dialogue.



There are also now some concerns about frozen accounts.

But, but, Roger Ver?

I'm quoting your post here for completeness.


















Source: https://static.icoholder.com/files/22115/e5051c6d1cb32917c0004f8408a6d05f.pdf





Where is the mistaken link ? Your whitepaper states that there is a link. Bitsane website states there is a partnership. Companies office documents show there is a link.
At least six of your key employees worked for Bitsane. One is listed as co-founder of Bitsane.

It is very hard to believe that the entire Bitsane exchange and staff disappear and no-one at AZbit has a clue where they have gone.



Lets look at director names of Azbit Ltd that was dissolved on 4 June 2019
https://beta.companieshouse.gov.uk/company/11125557/filing-history



ERMOLITSKI, Sergei

KUZNIETSOVA, Svitlana

PRUDNIKOV, Dmitry











[

[






The CTO of Bitsane (The one that has disappeared) was the applicant for the AZbit trademark.






He is registered with different dates of birth.




Other people with significant control over Azbit Ltd:

Aliaksandr Pyachura

Mikhail Yermalitski (Bitane co-founder)



https://beta.companieshouse.gov.uk/company/11125557/persons-with-significant-control




What a co-incidence. Of the 4 people listed as persons with significant interest in AZbit Ltd

ERMOLITSKI, Sergei (Head of marketing Bitsane and Azbit CEO)

YERMALITSKI, Mikhail  (Bitsane and AZbit Co-founder)

PRUDNIKOV, Dmitry (Bitsane CTO, Director of AZbit Ltd, Director of AZbit.com OU and applicant for AZbit trademark)

All list their birth dates as September 1983 in some official certified documents


AZbit AG has no clear control structure. The director is a NOMINEE director so the ownership or control is hidden.








https://www.cointelligence.com/content/ico_list/azbit/

So to summarize:

Azbit has been set up by several former and current Bitsane employees.

Some of them provided incorrect and inconsistent birth dates on official documents.

AZbit has various different claims about the corporate structure. Some claiming it to be AZbit Ltd, some AZbit.com OU (estonia) and some AZbit AG

Trademarks for AZbit were applied for by a Bitsane employee that is currently missing - along with the exchange and the funds.

Current and former Bitsane employees and founders are listed as Directors / former directors or persons with substantial control of AZbit.

AZBIT has previously used a STOLEN ACCOUNT  that they bought to promote their ANN thread: nixon99
 

I also asked them about this on their new IEO ANN thread a couple weeks back. Despite their claims that "Azbit has nothing to do with Bitsane," a large portion of their team also worked with Bitsane.

https://bitcointalksearch.org/topic/m.51450827

I wouldn't trust Azbit at all. Their big selling point is they shelled out enough money to hire Roger Ver as an advisor -- pretty much the entirety of their project rests on this point.

Yes it has been picked up by mainstream media now. Reported as an exit scam. Social media accounts have been deleted.

https://thenextweb.com/hardfork/2019/06/28/cnbc-shilled-cryptocurrency-exchange-bitsane-pulls-exit-scam-on-246k-users/

https://www.ccn.com/crypto/irish-crypto-exchange-bitsane-exit-scams-246000-users/2019/06/28/

https://www.coindesk.com/irish-crypto-exchange-bitsane-may-have-disappeared-with-users-funds


According to this Azbit article:

https://medium.com/azbit-news/official-statement-azbit-has-nothing-to-do-with-bitsane-df62a660b489
http://archive.fo/edX3V

Azbit according to their own admission KNEW about the scam but failed to warn anyone about it.







AZBIT CEO is the same CEO from the bitsane.com exit scam.



Photo from the AZBIT team.






Source: https://www.forbes.com/sites/hanktucker/2019/06/27/crypto-exchange-and-xrp-refuge-bitsane-vanishes-scamming-as-many-as-246000-users/#47acbf3477fa

The UK registered company that "owns the IP rights" for Bitsane exchange.





The Irish registered company that operates the Bitsane Exchange.







https://medium.com/azbit-news/official-statement-azbit-has-nothing-to-do-with-bitsane-df62a660b489

AZBIT has previously used a STOLEN ACCOUNT  that they bought to promote their ANN thread: nixon99 (Stolen account accusation thread)
 

Their ANN thread using the stolen account: that they had bought: ✅ ✅ [ANN][PRE-ICO] 🚀 AZBIT - Cryptocurrency financial ecosystem from 🅰️ to Z


I've asked AZBIT to comment on the accusations.


Azbit team as per https://icobench.com/ico/azbit

Ireland-based cryptocurrency exchange Bitsane disappeared without a trace last week, likely taking hundreds of thousands of users’ assets with it.

Forbes

BITSANE Website is now down and so is the face book page and twitter. Looks like they're trying to wipe away any evidence. We have to find these people. They have taken every thing and absconded. Does any body have any ideas? I  have contacted Europol and Scam Alert in Britain but haven't been contact.

https://t.me/Bitsane

Timur Bey, benim de 2900 eurom vardı bitsane de şimdi ulaşamıyorum hesaba. tam kapattılar herhalde.
Siz ne yaptınız.

i think it's the ponzi platform, if i true

is it time to post this again? Not your keys not your crypto! https://medium.com/@switchag/do-not-trust-crypto-currency-exchanges-f9c74adf6e0d

Hmm. I have some Azbit tokens that are still frozen. As far as I know, the ICO is still ongoing until June 30. Is this a Scam? We need stronger evidence.

Oh, I heard about this project. Seriously ? Are they cheaters? Many of my friends claimed that this is one of the best projects of this year. Condolences to all those who invested in it.

I think the information needs to be verified. I participated in Azbit's bounty campaign a few months ago, Azbit was quite successful when it collected more than 6.5 million USD at the ICO and IEO. I will contact them and find the answer.

you got me wrong they were selling their MVP of bitsane to woo the investors & when the OP made this post within few hours they publish this article https://medium.com/azbit-news/official-statement-azbit-has-nothing-to-do-with-bitsane-df62a660b489, doesn't it look fishy. They had mentioned the name of Bitsane exchange in their roadmap & recently they removed it & they clearly mentioned their team have helped to built the bitsane exchange. Azbit team should have some responsibility to return the funds of the traders amount stuck on bitsane because their own community memebers got introduced to bitsane & started trading else they will lose their credibility on the market.

so bitsane was for azbit and they wanted sell it?
did you send report to actionfraud.police.uk/ ??