Scam alert COSS.IO
Source: News Agency
We have crosscheck the ICO info and found some issues like the address they claimed is belongs to other company we called to the number given belongs to Alma Contract (Clementi) and they said there is not COSS.io on this address.
They are calming to other ICO for copying is from their white paper (both are in same kind of business) seems like competition stunt from COSS.IO, we found some mistake in that doc also as per COSS.IO they have created Doc on 26/07/2017 and Other company on 16/07/2017 so how can anyone copay doc is not created yet seems like planed action by COSS.IO.
We have checked some Facebook post also of COSS.IO and found some of their users ask same questions with them and they couldn’t replay on this issue to them well picture are attached.
This act of negative marketing of other business is good when you have all the backup but seems like COSS.IO was not ready for this kind of negative marketing and it will surly effect their sales also as no one want to invest their money with any such company which work on other project rather than their project
Recently i got to know about this exchange COSS.IO (C.O.S.S. Pte. Ltd.) they are running an ICO (initial coin offer for 50% profit-sharing (
https://coss.io/ico)) and listing new ICOs on the exchange platform running from Singapore for trading, i just want to know under which act they are working did they took permeations from MAS for listing icos in Singapore of they are listed as an legal financial institute in Singapore. As they seems like doing wrong things in Singapore kindly update me on it as they are asking to people to invest in there ICO and they will give 50% profit sharing, And they are running remittance services also did they took permeations for it?
Hi officer, I am chairman at PABNA, i got to about a new startup in singapore which is not working as per MAS guidlines, as per my knowdge doing any ICO (initial coin offer) or sailing any ICO is not permitted in Singapore without any MAS approvals.
Recently i got to know about this exchange COSS.IO (C.O.S.S. Pte. Ltd.) they are running an ICO (initial coin offer for 50% profit-sharing (
https://coss.io/ico)) and listing new ICOs on the exchange platform running from Singapore for trading, i just want to know under which act they are working did they took permeations from MAS for listing icos in Singapore of they are listed as an legal financial institute in Singapore. As they seems like doing wrong things in Singapore kindly update me on it as they are asking to people to invest in there ICO and they will give 50% profit sharing, And they are running remittance services also did they took permeations for it?
Even some media sources said they they are running this started with a fake address which belongs to some other company.
We want you to take action fast as it involves millions of dollars investments from pubic.
Suspected Links:
https://exchange.coss.io/https://coss.io/icohttps://coss.io/payment-gatewayhttps://coss.io/cryptocurrency-listinghttps://coss.io/teamhttps://coss.io/documents/coss-whitepaper-v3.pdfhttps://coss.io/documents/coss-financialpaper-v1.pdfhttps://coss.io/documents/coss-yellowpaper-v1.pdf Regards
Chetan Sukla
Chief Editor
CJ & The Civilian
Chairman
Print and Broadcast News Association
Hello there, you're from Bitsbit I'm guessing, we know the "News Media" you represent was created the same day as the scam ICO.
Here is a list of what the COSS Team has done to counter this scam
1. Called out all the reputable publications on twitter
2. Reported them to godaddy as a scam site
3. updated
https://etherscamdb.info/report> site
> address
> bittreat.com fake news
4. Notified EtherAddressLookup
5. Contacted the advisors
6. Contacted myEtherWallet
7. Contacted etherscan
Also, if you have a metamask plugin installed on your browser when you go to their website you get a warning, they have even tried contacting metamask to ask them to remove the phishing status, Reply from metamask: "Yes we can move you to blacklisted."
They even sent an email to MAS to hurt COSS. MAS forwarded it to SingaporeFintech Association SFA, and they notified us since COSS is a corporate members of SFA here in Singapore.
The entire community here is aware of it.
There is an Article
https://medium.com/hellogold/scams-getting-worse-67e57ce7b6d6 from Dave Appleton about the whole ordeal.
Just in case more clarification is needed you can go here
https://leanpub.com/SG52 Hock Lai the President of Singapore FIntech Association has interviewed 52 companies and published this book. We are on page 218 onwards, and yes we are corporate members of Singapore Fintech Association and access-sg.org . Anson Zeall is the Chairman of Access and he also serves on our advisory board.
