Author

Topic: Polkabridge scam project and other tokens and coins that try this process on! (Read 26 times)

jr. member
Activity: 59
Merit: 3
What can be done about project that conduct this type of scam on crypto users.
I have read about several projects that try to remain legitimate and continue as if nothing has happened.

They simply announce a token contract switch and give 2 weeks to switch or else you lose all of your funds.
I know that at times there needs to be coin swaps and such but most projects will give years or decades to switch over.

So if you go on a vacation for 2 weeks a project like Polkabridge will simply steal your investment.

Should coin market cap allow these to be listed and any exchanges dealing with them should be ashamed of assisting in such a scam.

Gate.io is an exchange that knew full well what Polkabridge was doing and facilitated this.
Several projects now seem to think this type of thing is perfectly acceptable.

Can a community together bring pressure to stop this continuing, and if so how?
I've noticed several other projects doing this. Fortunately none that I have invested in.

Have you been the victim of this Polkabridge type of scam and if so please name the project here.
These must be stopped.
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