Author

Topic: Instagram Coin Scam- "ethereum_updates" -"Free Coin Giveaway" (Read 211 times)

hero member
Activity: 882
Merit: 563
Bitcoin to the moon!
Thanks for keeping a watch OP.

the funny part is the coin in the image states it is "gold plated" lol maybe they stripped all the gold off...

That's hilarious. Cheesy They didn't even bother changing the render before getting these made.
copper member
Activity: 262
Merit: 6
Thank you for posting their scam. They were promoting the coins in their stories and posts as limited only 1000 made.

sr. member
Activity: 845
Merit: 267
yep the silver scammers have been coming out of the woodwork, watch for the .999 pure silver then later they say plate   
legendary
Activity: 2254
Merit: 2419
EIN: 82-3893490
the funny part is the coin in the image states it is "gold plated" lol maybe they stripped all the gold off...
legendary
Activity: 2282
Merit: 3014
I just wanted to make others aware of this coin scam on Instagram being offered by "shopcryptostore" and promoted by "ethereum_updates".  My guess is that etherum_updates simply created this other account.

First they list the coins as "silver" but do not state they are NOT .999 fine silver, although they try and make it seem as if they are. They also state the coins are "never before released products" , which as many of us know this coin design was created by MJB Monetary Metals years ago.  They have have since initially posting, posted several others coins which are also not their own design/made by them.  The shipping rates for these "free" coins is insane, and there in lies the scam.  These coins were bought off ebay, which you can obtain for just a couple dollars. 

I reached out to both several days ago, never hearing anything back.




Jump to: