Kingcasino is The another scam project in 2020?

shoreno

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Quote from: akram143 on July 08, 2020, 02:28:27 AM

Quote from: leea-1334 on July 08, 2020, 12:58:42 AM

Quote from: cabron on July 07, 2020, 04:48:24 AM

They announced they got $25M thru IEO. How's that for not getting softcap? If so then the exchange lied and the team as well.

I would really think p2pb2b is part of this scheme as always and if there is no refund gonna happen, there should be something done for this exchange that takes part in every IEO scam.

p2pb2b is a known scam exchange. They knowingly get on board projects who obviously have no real team, no real development and no real product. Every now and then there is a good innocent project but in general,,, if you see a IEO on p2pb2b, it is almost certain to be nothing more than a scam.

These kind of activities taken place on similar new exchanges as well, why people ready to promote a project even when they know there is some kind of shady activity reported in that exchanges in the past.I hope they will return the investors money so they won't be called as scam project, it just a failed project but I doubt that they will return any money to the investors.

why will they return the money ? did they dont know that the exchange thier partnering is a scam ? and they said they are part of the exchange . its also the fault of the investors and bounty hunters that works on promoting and investing on them . i dont think most of them are aware but they can be new people . others that are aware that the exchange is a scam will try to keep distance on anything related with it including ieo even if we all know that ieo is consider to be the safest option right now compare to ico bounties and airdrops

akram143

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Quote from: leea-1334 on July 08, 2020, 12:58:42 AM

Quote from: cabron on July 07, 2020, 04:48:24 AM

They announced they got $25M thru IEO. How's that for not getting softcap? If so then the exchange lied and the team as well.

I would really think p2pb2b is part of this scheme as always and if there is no refund gonna happen, there should be something done for this exchange that takes part in every IEO scam.

p2pb2b is a known scam exchange. They knowingly get on board projects who obviously have no real team, no real development and no real product. Every now and then there is a good innocent project but in general,,, if you see a IEO on p2pb2b, it is almost certain to be nothing more than a scam.

These kind of activities taken place on similar new exchanges as well, why people ready to promote a project even when they know there is some kind of shady activity reported in that exchanges in the past.I hope they will return the investors money so they won't be called as scam project, it just a failed project but I doubt that they will return any money to the investors.

leea-1334

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Quote from: cabron on July 07, 2020, 04:48:24 AM

They announced they got $25M thru IEO. How's that for not getting softcap? If so then the exchange lied and the team as well.

I would really think p2pb2b is part of this scheme as always and if there is no refund gonna happen, there should be something done for this exchange that takes part in every IEO scam.

p2pb2b is a known scam exchange. They knowingly get on board projects who obviously have no real team, no real development and no real product. Every now and then there is a good innocent project but in general,,, if you see a IEO on p2pb2b, it is almost certain to be nothing more than a scam.

btcltcdigger

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To boldly go where no rabbit has gone before...

Yeah it's the same old story with these smaller exchanges... you pay them good money as they promise good results, and they fake them.
And when results come in, they say "sorry the users must have changed their mind" or "we had technical difficulties"
And the contract usually states no refund policy

dunfida

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Quote from: cabron on July 07, 2020, 04:48:24 AM

They announced they got $25M thru IEO. How's that for not getting softcap? If so then the exchange lied and the team as well.

I would really think p2pb2b is part of this scheme as always and if there is no refund gonna happen, there should be something done for this exchange that takes part in every IEO scam.

Its part of the game now where projects do give out false numbers together with shady exchange to look it more legit and lots of people do supports it but actually
they are just playing out investors minds to fool and make them believe that this one might be a good project on showing of numbers.
This isnt something new thats why we should really verify anything out before putting up investments into projects. Always stick out to known exchange
when tending to join some IEO.

MCDev

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Activity: 680

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Quote from: Retainly_Collie on July 06, 2020, 03:12:28 PM

Quote from: MCDev on July 06, 2020, 03:06:55 PM

I really do not appreciate IEOs from Latoken and P2PB2P, these are two bad exchanges and there have been many fraudulent IEOs from these two exchanges.
$ 10 million for IEO from Latoken and P2PB2P is a lie, it's unbelievable that someone will believe it.

Even Binance or OKex will have difficulty raising 10 million $ for IEO. Yet this project has claimed to receive $ 10 million from the two most bullshit exchanges in this market. Clearly they were a scam project and now it's time for them to leave the market

Yes, in the current situation it is very difficult to have a project that can attract 10 million dollars. It's clear where the project was originally planned to cheat when it announced the attraction of $ 10 million.

xZork

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Quote from: someone703 on July 06, 2020, 02:16:30 PM

Quote from: xZork on July 06, 2020, 02:09:01 PM

Add a sad news to the bounty hunter, fortunately for me when I decided not to participate in their bonus program.
Up to now many allegations of fraud are directed to Kingcasino and it seems that all of them are true, investors probably won't get a refund.

The project announced that it would refund the money to investors, but there was no specific schedule on this issue. So we need a bit more time to know if investors can get their money back

There have been so many promises from scam projects, they are just trying to reassure investors while disappearing.
Before the investors got their money back, I still thought it was a fraud project.

AthenaBanana

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Activity: 392

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Quote from: rinkidas14 on July 06, 2020, 09:53:45 AM

Kingcasino is The another scam project in 2020?
Bad news for bounty hunters, yes my dear friends kingcasino is the another scam project in 2020. Because the are stop the bounty programs & they are going to refund invester money . I don't know what they doing?
But it's confirmed scam?

I think the word scam is too harsh for a failed project. kingcasino is not a scam it just didn't rich its target funds and they are refunding investors money and bounty manager will still send the bounty tokens but unfortunately, the tokens are worthless.

ElmedoRator

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Quote from: cabron on July 07, 2020, 04:48:24 AM

They announced they got $25M thru IEO. How's that for not getting softcap? If so then the exchange lied and the team as well.

I would really think p2pb2b is part of this scheme as always and if there is no refund gonna happen, there should be something done for this exchange that takes part in every IEO scam.

I think they only received 100 $ -1000 $ from IEO, because they made IEO in 2 bullshit exchanges in this market and all investors know that.

cabron

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They announced they got $25M thru IEO. How's that for not getting softcap? If so then the exchange lied and the team as well.

I would really think p2pb2b is part of this scheme as always and if there is no refund gonna happen, there should be something done for this exchange that takes part in every IEO scam.

jrrsparkles

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Quote from: rinkidas14 on July 06, 2020, 09:53:45 AM

Kingcasino is The another scam project in 2020?
Bad news for bounty hunters, yes my dear friends kingcasino is the another scam project in 2020. Because the are stop the bounty programs & they are going to refund invester money . I don't know what they doing?
But it's confirmed scam?

No they are scam unless then run away with investors money.

This is just because they are unable to collect softcap or the required amount needed for their further project development and this happened lot of time in the past so learn the difference between scam projects and legit projects who are not able to raise funds.

StephenJH

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No more Rekt and Bust

l don't have any experience or knowledge with this project, but as reading other comments of members l can see that it is a scam. But l hope they will give money back to the people, who invested in this project. But if they will pay the money of members back, it is not so bad, on the other hand, it is great to do it. Scams projects are bad sides of crypto world, we must be careful and try staying away from them.

serjent05

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Quote from: X-ray on July 06, 2020, 10:33:41 AM

Quote from: Tipstar on July 06, 2020, 10:27:41 AM

They claimed that they were unable to collect the funds they were intended to hence are not going forward with the project. They vowed to return the investments made in full. I am not and investor and can't verify if any of the investor has got a refund. But it's the bounty participants who are hurt by the news and are proclaiming kingcasino a scam as they'll not be getting any value for their effort.

that's true and the team has already stated that but the bounty detective has been holding the KCT tokens but this time it's a worthless token. Even the manager has already stated if there was anyone who wanna get KCT token and he will be sending it to the participant's wallet.

The bounty manager should not wait for someone to ask for their reward, rather, he should distribute it no matter how worthless it is since he holds the bounty reward token. If the bounty manager failed to do so, then the bounty manager should be the one labeled as scammer.

The failure of the project to collect funds isn't proof that they are a scammer. The intention or declaration of returning investors' funds proves that the owner of the project does not intend to scam people. It is the bounty hunter risk to receive a bountiful reward or a worthless one. And this time it seems the worthless one is the one on the reward box.

Gotumoot

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Quote from: rinkidas14 on July 06, 2020, 09:53:45 AM

Kingcasino is The another scam project in 2020?
Bad news for bounty hunters, yes my dear friends kingcasino is the another scam project in 2020. Because the are stop the bounty programs & they are going to refund invester money . I don't know what they doing?
But it's confirmed scam?

It wouldn't be a scam if they could refund all the investors money.
I don't know the whole story but it looks like they didn't reach their goal but I hope that they would stick to their words and return all the investment to the investors.

ZincUnrated

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It's a shame how these projects keeping getting away with scams and stealing in this industry with absolutely no one or regulating institutions checkmating their activities. KingCasino isn't the last one that will do this, I forsee a lot more to come. The incident with Kingcasino reminds us all of how porous this industry is and how much we need regulations to address this situations. Without that being put in place, the purpose of blockchain could be defeated in no time.

Retainly_Collie

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Quote from: MCDev on July 06, 2020, 03:06:55 PM

I really do not appreciate IEOs from Latoken and P2PB2P, these are two bad exchanges and there have been many fraudulent IEOs from these two exchanges.
$ 10 million for IEO from Latoken and P2PB2P is a lie, it's unbelievable that someone will believe it.

Even Binance or OKex will have difficulty raising 10 million $ for IEO. Yet this project has claimed to receive $ 10 million from the two most bullshit exchanges in this market. Clearly they were a scam project and now it's time for them to leave the market

MCDev

sr. member

Activity: 680

Merit: 255

I really do not appreciate IEOs from Latoken and P2PB2P, these are two bad exchanges and there have been many fraudulent IEOs from these two exchanges.
$ 10 million for IEO from Latoken and P2PB2P is a lie, it's unbelievable that someone will believe it.

ElmedoRator

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Activity: 826

Merit: 104

Quote from: Febo on July 06, 2020, 02:27:20 PM

Quote from: rinkidas14 on July 06, 2020, 09:53:45 AM

Bad news for bounty hunters, yes my dear friends kingcasino is the another scam project in 2020. Because the are stop the bounty programs & they are going to refund investor money.

Can you explain how is something a scam where they return you money back? If I go to a store and buy a t-shirt that have some flaw in it and return it ad get my money back I cant call them a scammers. If they would not want to give me money back then they would be a scammers since did not point me to the flaw in the t-shirt.

Did they pay back the investor? If they did, I think they were not scams, just IEO failed and the project could not continue. But in the past I've seen many projects that promise to pay investors, but until the end they disappear from the market.

Febo

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Quote from: rinkidas14 on July 06, 2020, 09:53:45 AM

Bad news for bounty hunters, yes my dear friends kingcasino is the another scam project in 2020. Because the are stop the bounty programs & they are going to refund investor money.

Can you explain how is something a scam where they return you money back? If I go to a store and buy a t-shirt that have some flaw in it and return it ad get my money back I cant call them a scammers. If they would not want to give me money back then they would be a scammers since did not point me to the flaw in the t-shirt.

ameliana

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I heard that the Kingcasino project team could not raise funds according to the target so they could not continue their project again but the team planned to return every investor's funds. I think this can be a lesson for all of us that not all bounty managers are perfect and also not all projects succeed as expected.

Topic: Kingcasino is The another scam project in 2020? (Read 395 times)