It is obvious askcoin.net is scamming by generating fake volume

robelneo

legendary

Activity: 3416

Merit: 1225

Quote from: eu-Robert on December 23, 2014, 06:14:55 PM

Good call. The fake exchange site was delisted from coinmarketcap.com on 11 Nov 2014, after several people reported the fraud.

It is possible to report a fraudulent business to econsumer.gov, although I think they will not tell you what -if any- action has been taken... Sad

By the way, the AskCoin Twitter account is spam city. Grin

AskCoin.net WhoIs

Posted it here and unmasking their activity is a good step now if a trader is knowledgeable enough he will search for a review about askcoin.net and the search engine will yield these post about the askcoin.net

bitcoinvest

legendary

Activity: 1124

Merit: 1000

13eJ4feC39JzbdY2K9W3ytQzWhunsxL83X

what happened with askcoin.net? Huh

?? website not load...
i had coins inside there...anyone knows?

eu-Robert

newbie

Activity: 10

Merit: 0

Good call. The fake exchange site was delisted from coinmarketcap.com on 11 Nov 2014, after several people reported the fraud.

It is possible to report a fraudulent business to econsumer.gov, although I think they will not tell you what -if any- action has been taken... Sad

By the way, the AskCoin Twitter account is spam city. Grin

AskCoin.net WhoIs

edward_cullen

newbie

Activity: 28

Merit: 0

Quote from: ?? on ??

Quote from: edward_cullen on December 16, 2014, 04:18:55 PM

Quote from: ?? on ??

Fake volume is key in a P&D just check out ripple.

I would roughly like to stay on topic. This doesn't really have to do with ripple. This is an altcurrency exchange not a cryptocurrency.

Sure it has... only morons think that this curve is "natural".
Which i heard from every altcoin in here.. look look this is all natural.
Once the truth hits your face you will know that this topic would also include "ripple"

No need to throw around adhoms. I'm not siding with ripple, I don't support centralized currencies. I'm saying this topic is about an exchange which is perpetuating a scam not ripple.

edward_cullen

newbie

Activity: 28

Merit: 0

Quote from: ?? on ??

Fake volume is key in a P&D just check out ripple.

I would roughly like to stay on topic. This doesn't really have to do with ripple. This is an altcurrency exchange not a cryptocurrency.

God27

sr. member

Activity: 364

Merit: 250

The 4th industrial revolution!

Quote from: ?? on ??

Fake volume is key in a P&D just check out ripple.

Where's the dump?

edward_cullen

newbie

Activity: 28

Merit: 0

If you haven't noticed yet, this exchange is manipulating their volume to make it look like more trading is happening. I have watched the values for the past day to confirm and the markets don't have enough orderbook orders or trading for the volume to be legitimate.

I would be wary of depositing funds on a site who would manipulate their volume.

Topic: It is obvious askcoin.net is scamming by generating fake volume (Read 1040 times)