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Topic: [LIST] DeFi-Scams - Big All-In-One-Thread - LAST UPDATE: 26/11/2020 - page 2. (Read 1325 times)

legendary
Activity: 1624
Merit: 4417
Thanks everyone for your recents finds. You guys are amazing - together we can fight these filthy DeFi scammers!

If you guys wan't to do me a favor, please use the template I posted above.

I updated the thread and added the following projects:

23/09/2020
  • added Torch DeFi (Website Plagiarism)
  • added RFinance (Website Plagiarism)
  • added Cryptochrome DeFi (Whitepaper Plagiarism
  • added MBIDeFi (Malaysian scammer group MBI Group International)
  • added Moon Finance (Whitepaper Plagiarism)
  • added Yearnify Finance (Website Plagiarism)
  • added DRK DeFi (Whitepaper Plagiarism)
  • added XYFI DeFi (Website Plagiarism)
  • added Yea Finance (Fake Team)
  • added ANN-Thread of WolfAge Finance

Expect the next update on Saturday or Sunday!
hero member
Activity: 2268
Merit: 789
Hello, OP

Will it be okay if you add one DeFi related scam on your list?

[WARNING]YeaFinance - FAKE TEAM

Thank you and please keep the list updated!
full member
Activity: 1008
Merit: 138
★Bitvest.io★ Play Plinko or Invest!
This is a very useful thread. I had no idea that there are already so many scam DeFi projects...
Kudos to everyone who discovers and exposes them!
sr. member
Activity: 378
Merit: 335
https://t.me/CRYPTOVlKING
Hey @bullrun2020bro

I have another ANN to add.

[SCAM] Wolfage.finance DEFI SCAM!!  have decided to come to forum to lie more and started their ANN:

[ANN][WolfAge Finance][Shared economy of crypto business models]

Also would be nice if you can support the flag too, thanks.

legendary
Activity: 1722
Merit: 5937
Hey @bullrun2020bro, here are few DeFi scams exposed by me in the last couple of days (and one from the previous month) so you can add them to you list.

1. [Warning] Cryptochrome - another DeFi with plagiarized whitepaper!
2. [SCAM] MBIDeFi: New DeFi scam by known scammers MBI Group International
3. [Warning] MoonFinance - DeFi with plagiarized whitepaper, 200+ ETH raised!
4. [SCAM] Yearnify copied website content!



Here are few more exposed  recently by others that are not on the list :

[WARNING] DRK Defi- Plagiarized Whitepaper by @Shef198911
[SCAM] XYFI - another scam cashing in on DeFi hype by @btcltcdigger


sr. member
Activity: 1008
Merit: 308
Another shit defi project..

Torch Network
legendary
Activity: 1722
Merit: 5937
Uniswap just put up their tokens yesterday ($UNI) and there are a few youtubers who have reported about users are eligible to receive up to $1500 in tokens from them if they have used their platform ending on September 9th. Can you verify this and if it is a scam or not? Undecided

I can't tell if the original UNISWAP airdrop is legit or not, since I didn't take part it in. But please beware, there are already a few UNISWAP airdrop scams around
Uniswap airdrop is legit, few friends of mine claimed the tokens and sold them via Binance. Everyone that used Uniswap until September 1st is eligible for 400 UNI tokens. Some people claimed thousands of UNI tokens as you were eligible for each wallet you use, so for example if you connected 10 wallets to Uniswap until the deadline, you got 4000 UNI combined. At the moment 1 UNI=6 USD , so it's not a surprise that there are scam attempts using this occasion.

That's what scammers do, they quickly adapt and always try to exploit latest craze/hype/airdrop/giveaway. After all, that's why we have this thread now, but I'm afraid that this is just the beginning and will go on for the some time, until enough people loose the money and everything falls apart, like in the ICO time.
https://gov.uniswap.org/t/learn-requirements-how-to-claim-your-400-uni/1025
legendary
Activity: 1624
Merit: 4417
I have made Scam Accusations about YFIO Protocol and they did a plagiarized whitepaper

[WARNING] YFIO Protocol Plagiarized Whitepaper

Thanks a lot for sharing your finds with the community! I will add YFIO to the list.



Well done, bullrun2020bro. Great list, made a Russian adaptation of this useful topic. Smiley

That sounds great! Hopefully nobody from your local community will fall for these DeFi scams. I also added the DeFi-clone of the TON project you just posted to the OP. Thanks a lot for sharing it here!



Uniswap just put up their tokens yesterday ($UNI) and there are a few youtubers who have reported about users are eligible to receive up to $1500 in tokens from them if they have used their platform ending on September 9th. Can you verify this and if it is a scam or not? Undecided

I can't tell if the original UNISWAP airdrop is legit or not, since I didn't take part it in. But please beware, there are already a few UNISWAP airdrop scams around, e.g.:

[SCAM] Fake Uniswap giveaway
[SCAM Alert] 10,000,000 UNI Fake Giveaway

Note: Never share your private key or send any funds to participate in an airdrop!



I updated the thread and added the following projects:

18/09/2020
  • added YFIO Protocol (Whitepaper Plagiarism)
  • added TON (DeFi-oriented clone of the TON project)

I won't have time to update the list on the weekend, so please expect the next update on Monday/Tuesday.
legendary
Activity: 2828
Merit: 1497
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This is a very good thread to put up so I thank you for this bullrun2020bro! Smiley

Uniswap just put up their tokens yesterday ($UNI) and there are a few youtubers who have reported about users are eligible to receive up to $1500 in tokens from them if they have used their platform ending on September 9th.
Can you verify this and if it is a scam or not? Undecided

Here are the two youtubers I have viewed about this so called airdrop far:
https://www.youtube.com/watch?v=E_4113Hc8w0
https://www.youtube.com/watch?v=7mVlXim1LxM
another one from a newer YTer:
https://www.youtube.com/watch?v=8BmAgTqvFOQ
legendary
Activity: 2394
Merit: 1049
Smart is not enough, there must be skills
Add plz else YFBull, YFIO Procotol Finance

It look's like both projects are likely to be scams, could you maybe create a proper Scam Accusation thread, that I can add them to the list.


I have made Scam Accusations about YFIO Protocol and they did a plagiarized whitepaper

[WARNING] YFIO Protocol Plagiarized Whitepaper
legendary
Activity: 1624
Merit: 4417
full member
Activity: 541
Merit: 137
yfChain
newbie
Activity: 9
Merit: 1
legendary
Activity: 1624
Merit: 4417
I just updated the thread for the first time today and added the following projects:

16/09/2020
  • added HotdogSwap (YAM.finance clone; Exit scam)
  • added UNIDAPP DeFi (Bounty irregularities, check the thread for additional information)

Note: You will find the Changelog in the second post of this thread.
legendary
Activity: 3458
Merit: 6948
Top Crypto Casino
Thanks for your kind words guys, i will try to keep the thread up to date all the time and will constantly add new finds to the list.
Yes, please do try to keep it updated--and it's unfortunate that it's a list that's going to keep on growing, but I think we all know that's a fact.  How long the list will eventually get will depend on how the DeFi space develops.  I'm really hoping that it doesn't follow the course of the ICO boom and bust and that there's actually something of substance to DeFi.  As of this moment I'm not convinced there's anything of real value to it, and there's certainly a lot of hype.

One would think that people learned something from ICO bubble, but as we can see situation is even worse as scams without whitepaper, team and any original idea are raising millions.
Scammers only learn how to scam better, and the suckers....well, they never seem to learn, no matter how many times they've been scammed.  All the hype surrounding DeFi--that's why those projects can raise millions.  Everyone wants in on the new thing that's going to make them rich.  That part of the story is the same no matter what thing we're talking about, and people don't seem to realize that it's nearly impossible to become wealthy without much effort. 

Ah, well.  We'll see how long this list gets.  I'm going to bookmark it.
legendary
Activity: 1624
Merit: 4417
Thanks for following my suggestion and posting a copy of original thread here. Keep giving regular updates and save newbies from getting scammed. Good luck.   

It's a good idea to have all of them in one place, good job @bullrun2020bro! Be ready to update that list quite often as those scams are getting on popularity each day and it doesn't look like it will pass anytime soon.

Good idea bullrun2020bro, but you would need many pages to list all defi scams, because they are showing up every minute and this is worse than ICO scams back in the days.
This is only hurting all healthy crypto space in the long run, but people are greedy and don't care as long as they make profit.

Thanks for your kind words guys, i will try to keep the thread up to date all the time and will constantly add new finds to the list. Hopefully we can protect as many users as possible from these filthy scammers.

If you guys have any other suggestions for the list, please let me know. I am happy to add them!
legendary
Activity: 2086
Merit: 1282
Logo Designer ⛨ BSFL Division1
Good idea bullrun2020bro, but you would need many pages to list all defi scams, because they are showing up every minute and this is worse than ICO scams back in the days.
This is only hurting all healthy crypto space in the long run, but people are greedy and don't care as long as they make profit.

legendary
Activity: 1722
Merit: 5937
It's a good idea to have all of them in one place, good job @bullrun2020bro! Be ready to update that list quite often as those scams are getting on popularity each day and it doesn't look like it will pass anytime soon.

One would think that people learned something from ICO bubble, but as we can see situation is even worse as scams without whitepaper, team and any original idea are raising millions. Back then some of those ICOs at least have appearance of legitimacy while this is on a completely different level.
copper member
Activity: 1204
Merit: 737
✅ Need Campaign Manager? TG > @TalkStar675
Thanks for following my suggestion and posting a copy of original thread here.

After seeing scammers recent activities with DeFi oriented money stealing projects personally i was thinking to create a list about DeFi related scam projects but suddenly got your thread today on German board. So i thought a similar thread should be in this section for increasing entire forum users awareness. Keep giving regular updates and save newbies from getting scammed. Good luck.   
legendary
Activity: 1624
Merit: 4417

Last Update: 26.11.2020




I am happy to invite you to share your findings here in the thread. I will then add these to the list above in a timely manner. If you have found a DeFi scam, please use this code:

Code:
[tr][td][center][b] NAME OF THE PROJECT[/b][/center][/td][td]|[/td]
[td][center] [url=LINK TO THE ANN-THREAD][b]NAME OF THE ANN THREAD[/b][/url] [/center][/td][td]|[/td]
[td][center][b]SCAM-ACCUSATION[/b] [/center][/td][td]|[/td]
[td][center] [url=LINK TO THE SCAM-ACCUSATION THREAD][b]NAME OF THE SCAM-ACCUSATION THREAD[/b][/url] [/center][/td][td]|[/td]



Changelog:

16/09/2020
  • added HotdogSwap (YAM.finance clone; Exit Scam)
  • added UNIDAPP DeFi (Bounty irregularities)

17/09/2020
  • added yfChain (Whitepaper Plagiarism)
  • added GAMBLUS.live (Clone)
  • added Bulls.finance (Clone)

18/09/2020
  • added YFIO Protocol (Whitepaper Plagiarism)
  • added TON (DeFi-oriented clone of the TON project)

23/09/2020
  • added Torch DeFi (Website Plagiarism)
  • added RFinance (Website Plagiarism)
  • added Cryptochrome DeFi (Whitepaper Plagiarism)
  • added MBIDeFi (Malaysian scammer group MBI Group International)
  • added Moon Finance (Whitepaper Plagiarism)
  • added Yearnify Finance (Website Plagiarism)
  • added DRK DeFi (Whitepaper Plagiarism)
  • added XYFI DeFi (Website Plagiarism)
  • added Yea Finance (Fake Team)
  • added ANN-Thread of WolfAge Finance

28/09/2020
  • added YIF DeFi (Bounty irregularities)
  • added Yearn Finance 3 (Plagiarism)
  • added Defixnetwork (Fake Team)
  • added Yearn Finance Connect (Plagiarism)
  • added YFIZ.finance (Plagiarism)

10/10/2020
  • added OntoSwap (Fake Team)
  • added eSwapexchange (Fake Giveaways)
  • added Fyeth.Finance (Plagiarized Content)
  • added YFBEAM.FINANCE (Stolen Content)
  • added Yoju.Finance (Plagiarized Content)
  • added Hideme.finance (Fake Team)
  • added HelioSwap (Plagiarized Whitepaper)

13/10/2020
  • added YYFI.Protocol (Plagiarism)
  • added SMARTSPEC (Plagiarism)
  • added Yieldly (Fake Photos)
  • added Yearm.Finance (Clone of Yearn.Finance)
  • added Freeuniswap (Clone of Uniswap)

15/10/2020
  • added CBDAO (BREE) (Exit Scam)
  • added Yearn.Finance Red (Stolen Content)
  • added MOOswap (UniSwap liquidity Rug Pull)
  • added Cache (CXCHE) (Fake Team)

19/10/2020
  • added Thou.Finance (Exit Scam)
  • added Comet.Finance (Exit Scam)
  • added Padthai.finance (Exit Scam)
  • added YES.finance (Stolen Content)

27/10/2020
  • added RAMP.defi (Irregularities)
  • added Yearn Finance Decentralized (Plagiarized Whitepaper)
  • added SushiSwapClassLc (Clone)

31/10/2020
  • added Zelos Mining (former Yieldly) (Fake Photos, Fake Team)
  • added OfficialUniSwap (Clone)

06/11/2020
  • added Curve.si (Clone)
  • added Mooniswap.app (Clone)
  • added YFPO.finance (Stock Photos)
  • added BUTTERswap (Bounty Irregularities)
  • added YFI.mobi (Fake Airdrop, Exit Scam)

17/11/2020
  • added UNI-airdrop.org (Clone)
  • added YFCentral Finance (Plagiarized Whitepaper)

26/11/2020
  • added YearnFinance.tech (Clone)
  • added YLD DeFi (Plagiarized Website Content)
  • added DeFiHold (Ponzi Scheme)
  • added UniSwap.appS (Clone)
  • added MultiSwap Protocol (Plagiarized Whitepaper
  • added iFarming.Finance (Plagiarized Website Content)
  • added BambooDefi (Plagiarized Whitepaper)
  • added YFIB DeFi (Plagiarized Website Content)
  • added unibluefinance.com (Fake Team)
  • added Ywin.Finance (Fake Team)
  • added yfiairdrop (Fake Airdrop, Clone)

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