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Topic: Elitetreum Scam Token - page 2. (Read 323 times)

newbie
Activity: 12
Merit: 0
February 25, 2019, 01:43:06 PM
#3
Thanks Bro,
Most investors already tired of sending email to their support, non of us get any reply. And its wallet look creepy, although this token elitetreum a smart contract(erc20) with ETH, the token inside the wallet cannot be converted to ETH either, there are no way holders can convert it to USD or other currency than the token itself, which means wallet to wallet(other investor’s wallet). Other erc20 token that i know, normally will have synchronization with any third party wallet for erc20 token such as the IMtoken, myetherwallet, etc.. it looks like this company just create a website that looks like crypto wallet.
sr. member
Activity: 1400
Merit: 268
Fully Regulated Crypto Casino
February 25, 2019, 09:56:59 AM
#2
I am so sorry to hear your story, I have heard some stories similar to yours, when the company suddenly issue their own token to replace major coin like Bitcoin that they use as payment before, some of them never put their token into exchange and then just turn out to be exit scam, but some of them are actually listed their coin in exchange and after that you might trade your token into Bitcoin or Fiat.

You still have hope though, just keep contacting their support and ask them when their token will be listed on exchange, while doing that. You might gather other people that also invest in that Elitetreum, and you also can make a thread in the Scam Accusation section here.
newbie
Activity: 12
Merit: 0
February 25, 2019, 08:25:49 AM
#1
Hi, I am one of Investor that been scammed by a company whereby all of my money converted to a token named Elitetreum with code of ELT. Based on what i’ve experienced, the company was originally not a crypto developer, but forcing investors to accept their coin/token is a kind of desperate things or like such.

The Elitetreum is a erc20 token as i can search it in the list of etherscan, it do not have any price yet, and no capital. However, the wallet provided by the company do have changes in price and just i don’t really get it where do they trade their tokens. There are no exchangers trading this token.

This company (ymci.co) offers bonusses like sponsor, pairing and matching, they also offers profits in stocks market such as the IPO’s. After a few years, this company change their program structure, and converting all payments to ELT(Elitetreum) token. I was informed that the token made by a electronics company selling devices and gadgets. They said its popular company named Elitesoft and have many products like power banks, smart phone devices, cables, etc.

Does anyone knows how to identify if this elitetreum-ELT were scam? Because although that all my money converted to this token, i could not even withdraw it to cash via any banks.
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