LUST ICO is a scam. | Bitcointalksearch.org

Gleb Gamow

vip

Activity: 1428

Merit: 1145

Quote from: icogrow on March 21, 2018, 01:41:21 AM

There are so many ICO scams, and because of the lack of regulation there needs to be a decentralized solution. Check out Incremint.io. They have a decentralized escrow platform where token holders vote for release of funds to ICOs to ensure forward progress.

Be care when investing! It's wild out there!

I'm willing to bet that the Russian clown behind BitBase is affiliated with Incremint.io.

icogrow

newbie

Activity: 17

Merit: 0

There are so many ICO scams, and because of the lack of regulation there needs to be a decentralized solution. Check out Incremint.io. They have a decentralized escrow platform where token holders vote for release of funds to ICOs to ensure forward progress.

Be care when investing! It's wild out there!

KryptoKnight78

newbie

Activity: 61

Merit: 0

Quote from: Jan Marcin on August 10, 2017, 04:49:12 AM

ICO Scams are rampant in the space and some kind of regulation is needed to protect token buyers.

A Decentralized Escrow is the best way to create safety in the ICO space.

The best ICOs need to be able to follow through on their Pre-ICO promises so their tokens can become valuable and their investors are protected.

I recently found the solution - Incremint.io - they have created a decentralized escrow system that protects token buyers and allows them to vote on when funds are released to the ICO as milestones are met.

They are in Pre-ICO stage right now with a live token sale. You can check their website: https://incremint.io/

Or even better go through their Telegram feed and ask questions: https://t.me/incremint_en

cryptodevil

legendary

Activity: 2240

Merit: 1254

Thread-puller extraordinaire

Quote from: veebee on December 18, 2017, 10:24:55 AM

Well I logged in today after not being on here for while to see my account flagged untrusted, (which really blows) and also I see something bout this lust ico..i do not and would not support this.

Needless to say I changed my password but now this accountnis forever scarred with the posts of that piece of shit.

Wish this forum had 2fa but then again it's most likely my fault not making my pass word 60 characters .

Sigh

-veebee

Can you sign a previously posted address to prove you are the original owner?

It's just that the reason these accounts were readily identifiable as having likely been bought/hacked at the time is that they had been dormant for a long period and were marked as having recently changed their password. So it kinda raises the question as to how you, as the original owner, would have logged back in to an account which had had its password changed without your knowledge.

veebee

full member

Activity: 170

Merit: 100

Well I logged in today after not being on here for while to see my account flagged untrusted, (which really blows) and also I see something bout this lust ico..i do not and would not support this.

Needless to say I changed my password but now this accountnis forever scarred with the posts of that piece of shit.

Wish this forum had 2fa but then again it's most likely my fault not making my pass word 60 characters .

Sigh

-veebee

Saint-loup

legendary

Activity: 2604

Merit: 2353

Quote from: Saint-loup on August 20, 2017, 11:26:06 AM

Presumably a new hacked/bought account :
bigtop1967

No activity since October 2015 but posts on LUST threads since very few days. https://bitcointalksearch.org/user/bigtop1967-215635
(I don't know how to check when password or email had been changed, could someone checks that please)

He translated the ANN in french
https://bitcointalksearch.org/topic/--2105121

Thanks to cryptodevil for tagged him.

gawajn

full member

Activity: 196

Merit: 100

Thanks op and cryptodevil for finding/tagging these people. You saved a lot of researching time for me.
Great to have people like you, supporting the crypto community!

legendbtc

hero member

Activity: 1288

Merit: 508

Leading Crypto Sports Betting & Casino Platform

Quote from: CounterStrike on September 20, 2017, 06:57:08 PM

It was a confirmed scam from day 1 and people still donated them like 200+ ETH? W T F

I guess it was self-donation to make it look more legit, no other explanation really.

People never expected from the beginning that's why they invested in Lust. Till now I didn't notice about this and I am still, working in the social media campaign. We have to be very careful before investing into this scams.

tirailleur

newbie

Activity: 55

Merit: 0

anybody watched their contract address and LUST token transactions? I did.
First of all - there is only one Token called LUST, and this is it - https://etherscan.io/token/0x44e63691b8e5778cb0632a589414c5901e37e7c0#balances
As you can see, there is only 3 (three) token holders in whole blockchain by now. And only one of them holds like 5000$ in tokens, another have 21k lusts (2,1k$) and the last one only 0.7k$. So 36% (or 72k$) of already sold tokens is a bullshit. Nice work, guys. Decentralized sex-deals platform is a really good , and these fuckers ruining the idea.
Still holding some of my ether in waiting for the real project in that field to invest in.

mosprognoz

sr. member

Activity: 868

Merit: 278

Quote from: CounterStrike on September 20, 2017, 06:57:08 PM

It was a confirmed scam from day 1 and people still donated them like 200+ ETH? W T F

I guess it was self-donation to make it look more legit, no other explanation really.

Sure it was a self-donation.. now another similar scam ICO is doing the same. worldcore.com

CounterStrike

sr. member

Activity: 294

Merit: 250

It was a confirmed scam from day 1 and people still donated them like 200+ ETH? W T F

I guess it was self-donation to make it look more legit, no other explanation really.

phreeksta

member

Activity: 112

Merit: 11

Another reason why I stopped investing in that kind of ICOs. For honest companies, it will get more difficult in the next years.

revenant2017

sr. member

Activity: 728

Merit: 252

Healing Galing

234 ethers and counting has been stolen by this kind of SCAM. Totally unacceptable. I feel sorry to the victims who fall for this.

Mi5h0

sr. member

Activity: 560

Merit: 273

Quote from: cryptodevil on September 11, 2017, 10:12:40 AM

Quote from: Mi5h0 on September 11, 2017, 08:24:38 AM

I found one 'real' person from their team. Wink

This is a release from his LinkedIn profile:

Quote

I'm removing myself from the Lust team effective immediately. I initially saw promise in the project and the idea, and I looked forward to developing it, but yesterday and today BitcoinTalk users identified enough key signs of a scam for me to withdraw my support until they explain themselves.

https://lnkd.in/gtXrfWG

Please do extensive research and due diligence prior to investment.

https://www.linkedin.com/feed/update/urn:li:activity:6307616555182231552/

ORLY? Took him over a month to decide to distance himself from this obvious-scam-ICO-is-obvious scam ICO?

FFS, they were using fake 'team' profiles and dozens and dozens of hacked bitcointalk forum accounts to bot-post bullshit on their thread, which part of any of this 'seemed legit'?

If you click through Duncan Lemp's extremely-light-on-anything-substantial resume, on to his 'Nonpariel Capital' facebook page, you can see him and his buddies claiming to have made $$$ for their 'clients' with their 'trading algorithm' (I'm sure it's nothing to do with the mercurial rise in BTC price during that period, right?). It would not surprise me in the slightest to find he was fully aware of the sketchy nature of this ICO and figured if he finally bailed on it he might be able to pretend like he was totes innocent.

Fucking amateur, learn some basic due diligence. Although, given that you're trying to sell yourself as a crypto-market expert for capital investment purposes, your apparent failure to do so in this ICOs case is suspect, to say the least.

It may look like a 'guilty until proven innocent' attitude but I can not help but to agree with you.
If he was already involved in the 'project' he certainly had some inside information that referred to fraud. He could come here and announce his findings publicly, but he waited until 'BitcoinTalk users identified enough key signs of a scam...'

cryptodevil

legendary

Activity: 2240

Merit: 1254

Thread-puller extraordinaire

Quote from: Mi5h0 on September 11, 2017, 08:24:38 AM

I found one 'real' person from their team. Wink

This is a release from his LinkedIn profile:

Quote

I'm removing myself from the Lust team effective immediately. I initially saw promise in the project and the idea, and I looked forward to developing it, but yesterday and today BitcoinTalk users identified enough key signs of a scam for me to withdraw my support until they explain themselves.

https://lnkd.in/gtXrfWG

Please do extensive research and due diligence prior to investment.

https://www.linkedin.com/feed/update/urn:li:activity:6307616555182231552/

ORLY? Took him over a month to decide to distance himself from this obvious-scam-ICO-is-obvious scam ICO?

FFS, they were using fake 'team' profiles and dozens and dozens of hacked bitcointalk forum accounts to bot-post bullshit on their thread, which part of any of this 'seemed legit'?

If you click through Duncan Lemp's extremely-light-on-anything-substantial resume, on to his 'Nonpariel Capital' facebook page, you can see him and his buddies claiming to have made $$$ for their 'clients' with their 'trading algorithm' (I'm sure it's nothing to do with the mercurial rise in BTC price during that period, right?). It would not surprise me in the slightest to find he was fully aware of the sketchy nature of this ICO and figured if he finally bailed on it he might be able to pretend like he was totes innocent.

Fucking amateur, learn some basic due diligence. Although, given that you're trying to sell yourself as a crypto-market expert for capital investment purposes, your apparent failure to do so in this ICOs case is suspect, to say the least.

Mi5h0

sr. member

Activity: 560

Merit: 273

I found one 'real' person from their team. Wink

This is a release from his LinkedIn profile:

Quote

I'm removing myself from the Lust team effective immediately. I initially saw promise in the project and the idea, and I looked forward to developing it, but yesterday and today BitcoinTalk users identified enough key signs of a scam for me to withdraw my support until they explain themselves.

https://lnkd.in/gtXrfWG

Please do extensive research and due diligence prior to investment.

https://www.linkedin.com/feed/update/urn:li:activity:6307616555182231552/

jahead

full member

Activity: 168

Merit: 100

I was posting this in the new ANN-thread:

Quote

THIS IS A SCAM ICO - DO NOT INVEST!

more details and informations you can read here:
https://bitcointalk.org/index.php?topic=2077842.60

but it was deleted really fast by the selfmoderated OP,
moderators/admins have to do something asap!

phreeksta

member

Activity: 112

Merit: 11

Someone already reported it to a moderator?

Islapdonkey

sr. member

Activity: 882

Merit: 277

If i had a dollar for every "had i known"

They closed the old thread and this is their new thread https://bitcointalk.org/index.php?topic=2149614.0and it's moderated so any negative post is immediately deleted

revenant2017

sr. member

Activity: 728

Merit: 252

Healing Galing

Almost 200 Ethers and 122 Etherium token holders have been scammed by this ICO. Mod should ban all those accounts. It's painful for the community with this kind of lost.

Topic: LUST ICO is a scam. (Read 7365 times)