Topic: Need your help investigating a scam ICO - page 2. (Read 308 times)
I think that you need to report this to the local authority in which the company has the legit business registered from there give all the necessary information about the site and the company. Only the local authority can help you with your claims, of course, this will take a lot of years. This past few days there is ICO scam that has its developer being jailed by the local authority that they find guilty for multi-million dollar scams.
That wasn't the coinstarter ICO perchance? I lost $3,000 in Eth on that and got banned when I questioned their communication. It was a bugger that one because it had all the signals of a good, solid project that was unique and could possibly do well. The team were super communicative at the beginning too.
I've put that 3k down to bad judgement though. I still have my coins.
I've put that 3k down to bad judgement though. I still have my coins.
No unfortunately, although sorry for your loss. There's some stat about the % of ICOs that fail that is particularly alarming. Let me know if you wish to help via PM.
No, no, that was at least two years ago and I was swimming in btc & eth back then. So it wasn't a huge loss. I only give away what I can afford to lose if that makes sense. I think that was also the last ICO I really put anything substantial into.
That wasn't the coinstarter ICO perchance? I lost $3,000 in Eth on that and got banned when I questioned their communication. It was a bugger that one because it had all the signals of a good, solid project that was unique and could possibly do well. The team were super communicative at the beginning too.
I've put that 3k down to bad judgement though. I still have my coins.
I've put that 3k down to bad judgement though. I still have my coins.
No unfortunately, although sorry for your loss. There's some stat about the % of ICOs that fail that is particularly alarming. Let me know if you wish to help via PM.
That wasn't the coinstarter ICO perchance? I lost $3,000 in Eth on that and got banned when I questioned their communication. It was a bugger that one because it had all the signals of a good, solid project that was unique and could possibly do well. The team were super communicative at the beginning too.
I've put that 3k down to bad judgement though. I still have my coins.
I've put that 3k down to bad judgement though. I still have my coins.
Hello,
I am writing on behalf of investors in a particular ICO that i know well. This ICO has failed to deliver a year on, with a barely functional platform and very poor communication from the team (just to give an example, the last medium post made by the team was more than 6 months ago). Not only is there a 24 hour volume of barely a few hundred dollars, the ROI has been over -90%.
Yet the ICO raised millions of dollars before launch. The adviser to the project owns his own company and website, and is fairly public, unlike a lot of the team who may possibly be fake. We also know the admins of the project are involved in illegal activity. The adviser is also suspicious because he advises more than 10 ICOs, a large number of which seem to be scams. So tracking these people could also help with other investigations.
What I request from the community is anyone willing to help us; for example if anyone has access to blockchain analysis software (it is an ERC-20 token if that helps) that could help us link some wallets we know belong to them. In this way we can find out how exactly the ICO millions were spent or at least where they went.
And if anyone wants to do some digging of their own, I will happily provide all the information I have so that we can jointly bring the scammers to justice, or at least provide solid proof of their businesses.
Let me know if you can help, or send a PM if you want to see which ICO this is and see if you can find out anything else.
Thanks so much,
J.Foster
EDIT: Full details:
BITTO ICO, raised 4.5 million.
The first thing that made me suspicious was "Marko Rajevic." Go here: https://icobench.com/ico/bitto-exchange and look for Marko under team.
Then look at this picture here: https://github.com/markorajevic?tab=overview&from=2019-04-01&to=2019-04-17
Same name, different people.
Then, I talked to investors of Bitto, 99% were convinced it was a scam, if you look up bitto on coingecko you will see the shocking price drop. The idea behind the project was an exchange, a terrible idea, and if you see bittoexchange.com, you will see how badly developed this is.
The last medium post from the team was July 2018. The telegram admins are involved in dodgy things according to my sources.
The supposed CEO of the project is "Nic Shin", only available on linkedin and who knows if he is a real person.
The adviser, Ismail Malik, owns blockchainlab.com and here is his twitter. https://twitter.com/DisrupTiv
I sent him an email before via his company but it has been completely ignored. He advises over 10 ICOs, a number of which are scams: https://icobench.com/u/ismail-malik
He might be one of the key scammers behind this project.
Here are 3 addresses linked to token sale and hopefully which can be used to find out where some of the funds went.
0x7b0B0CeCD750f378A609a8FAa8E231854fe00CD3
0x992B4E3C40557FfdDD482f47f646fEE43cCdF038
0xa101E27f06A97985B925E244111b61560Ecd97DB
If anyone has access to blockchain analysis software this would be very helpful.
Let me know if you can help.
I am writing on behalf of investors in a particular ICO that i know well. This ICO has failed to deliver a year on, with a barely functional platform and very poor communication from the team (just to give an example, the last medium post made by the team was more than 6 months ago). Not only is there a 24 hour volume of barely a few hundred dollars, the ROI has been over -90%.
Yet the ICO raised millions of dollars before launch. The adviser to the project owns his own company and website, and is fairly public, unlike a lot of the team who may possibly be fake. We also know the admins of the project are involved in illegal activity. The adviser is also suspicious because he advises more than 10 ICOs, a large number of which seem to be scams. So tracking these people could also help with other investigations.
What I request from the community is anyone willing to help us; for example if anyone has access to blockchain analysis software (it is an ERC-20 token if that helps) that could help us link some wallets we know belong to them. In this way we can find out how exactly the ICO millions were spent or at least where they went.
And if anyone wants to do some digging of their own, I will happily provide all the information I have so that we can jointly bring the scammers to justice, or at least provide solid proof of their businesses.
Let me know if you can help, or send a PM if you want to see which ICO this is and see if you can find out anything else.
Thanks so much,
J.Foster
EDIT: Full details:
BITTO ICO, raised 4.5 million.
The first thing that made me suspicious was "Marko Rajevic." Go here: https://icobench.com/ico/bitto-exchange and look for Marko under team.
Then look at this picture here: https://github.com/markorajevic?tab=overview&from=2019-04-01&to=2019-04-17
Same name, different people.
Then, I talked to investors of Bitto, 99% were convinced it was a scam, if you look up bitto on coingecko you will see the shocking price drop. The idea behind the project was an exchange, a terrible idea, and if you see bittoexchange.com, you will see how badly developed this is.
The last medium post from the team was July 2018. The telegram admins are involved in dodgy things according to my sources.
The supposed CEO of the project is "Nic Shin", only available on linkedin and who knows if he is a real person.
The adviser, Ismail Malik, owns blockchainlab.com and here is his twitter. https://twitter.com/DisrupTiv
I sent him an email before via his company but it has been completely ignored. He advises over 10 ICOs, a number of which are scams: https://icobench.com/u/ismail-malik
He might be one of the key scammers behind this project.
Here are 3 addresses linked to token sale and hopefully which can be used to find out where some of the funds went.
0x7b0B0CeCD750f378A609a8FAa8E231854fe00CD3
0x992B4E3C40557FfdDD482f47f646fEE43cCdF038
0xa101E27f06A97985B925E244111b61560Ecd97DB
If anyone has access to blockchain analysis software this would be very helpful.
Let me know if you can help.
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