Author

Topic: Midascoin scam, Outright scam by UK registered company but Authorities Dont Care (Read 2197 times)

legendary
Activity: 1512
Merit: 1124
Invest in your knowledge
Coins Source's NDA policy will not protect Guiseppe and is now voided under the circumstance of an authority agencies getting in contact with us about 5-days ago. With the voiding of the NDA agreement, the information held by us is now public knowledge, and we are able to release it under these extreme circumstances.

Since this was a very intricate and well-thought-out heist, we urge the community to please take caution when handling this situation and future situations that may occur.

Below is a zip file with the person who verified with Coins Source.


https://mega.co.nz/#!iYNyHY4a!tprLBzbvVRU6J8hkjuhcTOvSjMaV3hFl1yM2yY3ppr0


If you have any more questions, feel free to contact me:

Skype: Anaxai9
sr. member
Activity: 518
Merit: 250
I don't think there is anything you can do, just forget about it and move on...

There is so many scam on daily basis, this is because of unregulated market.
If we have regulated market then scam will be very less.
In a regulated market there is no free economy and enormous scams. There are altcoins which are printed out of thin air with 0% mining difficulty. Wink

No one from the midascoin team is replying anymore. What can we do about it now? Please advise

https://bitcointalksearch.org/topic/livemidascoinbackednew-scrypt-pomatm-cardreferralno-ipounique-784286
How did midascoin scam you? Does the midas wallet cointain spyware?
legendary
Activity: 1030
Merit: 1000
Yes, it looks like its easy to scam from the UK because authorities over there endorse scammers by not entertaining any complaints.

All the scammers will take advantage of this and operate from UK now.

UK consumers beware

Call, email and tweet to any authority. Let them know about this fraud.
newbie
Activity: 42
Merit: 0
Did this dev do a pod?

Seems they did a coinsource one but no POD.
newbie
Activity: 42
Merit: 0
sr. member
Activity: 460
Merit: 250
shame on you dev. Scams stealing money need to have their ringleaders arrested and thrown in jail.
newbie
Activity: 42
Merit: 0
Another day another scam. Damn.
newbie
Activity: 47
Merit: 0
Is there anything we can do about this?

If the dev TEAM is Id verified, then there must be something we can do.

Who Id verified the dev team? There's not much point in their verification if the dev team can get away with scamming.
legendary
Activity: 1162
Merit: 1000
I think midascoin cryptocoin great company, still active in the market, for the time being maintence website, so we'll wait.
sr. member
Activity: 434
Merit: 250
I don't think there is anything you can do, just forget about it and move on...

There is so many scam on daily basis, this is because of unregulated market.
If we have regulated market then scam will be very less.
hero member
Activity: 784
Merit: 500
I don't think there is anything you can do, just forget about it and move on...
legendary
Activity: 1030
Merit: 1000
Is there anything we can do about this?

If the dev TEAM is Id verified, then there must be something we can do.
hero member
Activity: 782
Merit: 500
damn...that is severely depressing. All that "gold-backing" talk was all hot air.

Sad stuff!

yeah nobody could have known this.. lol.. its just the mentality of this shit scene., greedy pool ops hype scams, exchanges hype scams, greedy ico buyers hype it since they know they will just dump on the next suckers who get in after them, and not to mention the devs who are ready to dump on investors with their delusional idea's and promises.

its a bullshit idea anyway, why the hell would you invest in a coin which is "backed by gold" ?
why dont you buy actual gold yourself? and actually HOLD that gold, it was all just a big scam and lots of people saw this coming.

if you're reading this, fck you midas
full member
Activity: 154
Merit: 100
meow
damn...that is severely depressing. All that "gold-backing" talk was all hot air.

Sad stuff!
sr. member
Activity: 368
Merit: 250
I'm so sorry you were scammed out of your Bitcoin and your time, but I (and a lot of different people) warned everyone on the initial Midascoin thread that it was a very obvious scam.  I would suggest that in the future you do due diligence, and remember that if something sounds too good to be true it probably is.

Good luck.
legendary
Activity: 1030
Merit: 1000
No one from the midascoin team is replying anymore. What can we do about it now? Please advise

https://bitcointalksearch.org/topic/livemidascoinbackednew-scrypt-pomatm-cardreferralno-ipounique-784286
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