Topic: Please help us sharing the word - the story of BitBoost, a group of scammers. (Read 71 times)

All,

I would like to use this as a mean of disclosing and exposing a group of scammers, their names are Paul Mahone (https://www.linkedin.com/in/paul-mahone-a33222121) and Samuele Maran (https://it.linkedin.com/in/samuele-maran-66b876129). I recognize and acknowledge I lost money and so others did, there is nothing we can do here to get back our money but what I can try to do here is try to help others not getting tricked/scammed by these two individuals. I hope you will help me sharing the word or at least, please be aware with who you are dealing with.

Everything started back during the public token sale which was held in September and October 2017 - roughly 5 million BitBoost Tokens (BBT) were sold for bitcoin and Ether, with a value at the time of around $1.5 million usd, which in fact, they raised. The majority of the contributors were Italian (and I hope you’ll show up here following up with my post stating your opinion and experience, we need your word.). Their token had to be a utility token used by sellers to pay for listing fees on their marketplace, creating ongoing demand for the token.

Just until before the actual ICO, they have been running the project smoothly, they released the smart contract and all that stuff to make it look and sounds like a serious thing. As soon as they’ve raised the money, they stopped working for the project, they’ve basically paused it claiming to be working on the “marketing” side of things. This is just bullshit, and we all (who did the ico) know it. All the money raised during ICO were wasted for their own stuff.

Well, now it goes the end of the story and the hot point, on December 11 2018, they’ve put up a post on Medium stating “Good bye friends, we’ve ran out of cash and so forced to close the project.” This is it. I, perhaps like everyone else, was literally shocked when I read that statement, it is seriously insane and I was like - this can’t be serious.
What I am shocked about is the way they are trying to pull an exit scam and make it like it was not in fact a real scam.
It is as obvious as saying: ”We’ve used all your money to pay for our stuff and now we ran out so we’re forced to close the project, bye bye and thanks”.

They’ve been fine until now since I am confident that nobody as of now, has ever made a post nor exposed this whole situation, and I hope moving forward everyone who reads this and sees their face will know and remember who these guys are.  I will attach a few screenshots just to make sure things don’t get deleted.

Their medium post: https://medium.com/bitboost/engineering-heavy-cash-light-good-bye-from-bitboost-33ea6dc8b1f1

Screenshot1: http://hosting.fayp.com/vi-4TGgQY.png

Screenshot2: http://hosting.fayp.com/vi-dMQFIk.png

Screenshot3: http://hosting.fayp.com/vi-cFySxk.png

As a side note, they’ve written, in that medium post, that they will open their GitHub so that we can track the actual development - this has never happened and as of today 11 March 2019, their GitHub is not opened. Telegram chats are also getting pruned. Clearly bullshit.

These two individuals, Paul and Samuele managed to waste $1.5 million of USD in less than two year without even releasing the actual full product. Now, please help me understand how exactly you managed to spend $1.5 million usd in less than two years. Show us where the funds went.

Their last words in the medium articles says “Good bye friends”. Friends? Are you serious? Do you think people can forget this whole scam? Let me tell you something Paul and Samuele, we perfectly know that there won’t be any repercussion what so ever but we also know that the crypto communities are strong together and that we won’t forget your names and faces. Have you been scammed as well? please post below your experience and help us sharing this story and making sure nobody else gets scammed.

http://hosting.fayp.com/vi-k63SgL.jpg

Thank you for reading.


Sorry if this is the wrong section, please feel free to help me and move it to the correct one.