Topic: [SCAM] ChainX Exchange & Emjac IEO (Read 749 times)
Emjac holds a bounty campaign on this forum last year I think, I'm just glad I don't promote such project and that ChainX is a bad exchange, you can easily decide that by looking at few projects that use the exchange to raise funds ( IEO ), they all came out with bad results, it's more like another p2pb2b exchange
I fully agree. We need specific regulations to stop such bad actors, but not harm the entire crypto development as a whole.
That's why community like us has to self regulate and make sure bad actions like those of ChainX and ICO Pantera is well known. We keep vigilant.
That's why community like us has to self regulate and make sure bad actions like those of ChainX and ICO Pantera is well known. We keep vigilant.
Everything that is not regulated by regulation will always be open for Fraud, so inevitably Crypto must be regulated to minimize even though the crypto spirit will fade
Yes, but to openly be so open about scamming your own investors is ccrazy. Chainx exchange and ICO Pantera have to go to jail!
Yes, in fact crypto will also be very good if it is regulated in regulations, because it can eradicate scammers who are already very rampant at this time, only when there are rules, how the procedure works will also be different and it will also affect the progress of crypto itself.
Crypto started out because it wanted to avoid the centralization of regulations, yet now it is being forced into what it did not want to be part of in the first place, under the guise of financial crimes...
The current financial system which is old and full of regulations can be used by fraudsters, especially Crypto, which has almost no regulation in many countries. That's why I feel like inevitably the regulation is necessary even though the crypto spirit will fade a little, but for the sake of security of all parties
It's a problem when you trade freedom for security.
The solution is to stay vigilant of all the scams out there. That's the only way to stay away from scammers.
Do you think the gov gives a damn about their citizens eat crap? Nope! They won't care about their citizens wealth.
So, no, we don't need regulations, we need to stay alert.
When reports like this are being made or released it is for the good of everyone, it is for everyone to take precautionary measures when dealing with such exchange, it is also for everyone to know that dealing with such exchange comes with great risk. This exchange is getting exposed gradually and this is the right time to start adjusting before it gets worst. Projects should always try their best to ascertain if an exchange will help them grow or not, because whether they like it or not, exchanges plays a role in the growth of every project.
Ex-clients of chainx now has created a Telegram channel to complain about how they got f**ked by the Chainx CEO @ChristheQ. According to the images in the Telegram channel, Chainx doubled the prices after signing a contract. 5 year old CEO of Chainx does not understand how business or contracts work.
https://t.me/ChainXFraud
I have also checked this exchange, surprisingly when I look at the trading pairs, most trading pairs are empty. The altcoins listed here do not seem to have any volumes, and they use bots a lot at major trading pairs. It is best to stay away from this exchange as soon as possible
Coindesk just reported on this exchange with it having "a very high probability" that everything is washed.
The CEO of Chainx said that it does look like wash trading, although he said it was "most likely coin project teams that did it". When asked by Coindesk who the hell would help him conduct wash trading to benefit his exchange
Chainx CEO said... HE DOES NOT KNOW!!!
Lol CEO of chainx doesn't wanna be blamed and it's just like 5 years old kid. There will be a lot of drama around this exchange site for sure.
CEO of Chainx not just behaves like a 5 year old kid, he also looks like one.
He also owns ICO Pantera which sounds a lot like the successful Pantera capital.
The super funny thing is... PROJECTS ARE BEING CONNED BY THIS 5 YEAR OLD KID TO MAKE IEO ON ITS EXCHANGE!
When reports like this are being made or released it is for the good of everyone, it is for everyone to take precautionary measures when dealing with such exchange, it is also for everyone to know that dealing with such exchange comes with great risk. This exchange is getting exposed gradually and this is the right time to start adjusting before it gets worst. Projects should always try their best to ascertain if an exchange will help them grow or not, because whether they like it or not, exchanges plays a role in the growth of every project.
I have also checked this exchange, surprisingly when I look at the trading pairs, most trading pairs are empty. The altcoins listed here do not seem to have any volumes, and they use bots a lot at major trading pairs. It is best to stay away from this exchange as soon as possible
Coindesk just reported on this exchange with it having "a very high probability" that everything is washed.
The CEO of Chainx said that it does look like wash trading, although he said it was "most likely coin project teams that did it". When asked by Coindesk who the hell would help him conduct wash trading to benefit his exchange
Chainx CEO said... HE DOES NOT KNOW!!!
Lol CEO of chainx doesn't wanna be blamed and it's just like 5 years old kid. There will be a lot of drama around this exchange site for sure.
ChainX platform looking reliable exchange and it’s new exchange but it’s reputation rapidly growing on the Korean community because this made transparency and highly liquidity platform. Blockburn IEO's already ended on ChainX exchange and within 5 minutes(now it’s doubt and questionable) tokens sold out.
I highly doubt there was a successful Blockburn IEO on an exchange with no one.
Another time of hearing about the bad practices carried out by this exchange and it is not good in any way, why doing such to your users, it is inhumane. Also, many exchanges do carry out washing trading but it seems this exchange think it's good to over do it thus going the path of P2PB2B and it will make them unfit for anyone sooner than later. In addition, to an extent, don't trust some of the data reported by CMC as they are always questionable rather coingecko seems to be better in some aspects.
I have also checked this exchange, surprisingly when I look at the trading pairs, most trading pairs are empty. The altcoins listed here do not seem to have any volumes, and they use bots a lot at major trading pairs. It is best to stay away from this exchange as soon as possible
Coindesk just reported on this exchange with it having "a very high probability" that everything is washed.
The CEO of Chainx said that it does look like wash trading, although he said it was "most likely coin project teams that did it". When asked by Coindesk who the hell would help him conduct wash trading to benefit his exchange
Chainx CEO said... HE DOES NOT KNOW!!!
ChainX platform looking reliable exchange and it’s new exchange but it’s reputation rapidly growing on the Korean community because this made transparency and highly liquidity platform. Blockburn IEO's already ended on ChainX exchange and within 5 minutes(now it’s doubt and questionable) tokens sold out.
I highly doubt there was a successful Blockburn IEO on an exchange with no one.
Let's go do it. Where is their bounty page?
This is the Emjac bounty page, https://bitcointalksearch.org/topic/phase-2-emjac-bounty-restarted-kyc-not-needed-ieo-in-p2pb2b-and-vsex-5186391 (phase 2)
https://bitcointalksearch.org/topic/ieo-emjac-bounty-campaign-400000-usd-worth-tokens-ieo-in-exmarkets-5165073 (phase 1)
but it is unfortunate because the bounty page has been locked and the bounty has ended, please check it.
I have also checked this exchange, surprisingly when I look at the trading pairs, most trading pairs are empty. The altcoins listed here do not seem to have any volumes, and they use bots a lot at major trading pairs. It is best to stay away from this exchange as soon as possible
Yea I think it was quoted by someone on top that Emjac has run a big bounty campaign but no one got anything. They think bounty people are providing free labor... Everyone be careful of Emjac and chainx.
Maybe we should post this on their bounty pages so that people are careful.
Yes, I agree that we have to post this on their bounty page so that all people stay away from Emjac and Chainx, because it will be very bad if the hunters continue to promote them, but in the end they get nothing.Maybe we should post this on their bounty pages so that people are careful.
Let's go do it. Where is their bounty page?
Yea I think it was quoted by someone on top that Emjac has run a big bounty campaign but no one got anything. They think bounty people are providing free labor... Everyone be careful of Emjac and chainx.
Maybe we should post this on their bounty pages so that people are careful.
Yes, I agree that we have to post this on their bounty page so that all people stay away from Emjac and Chainx, because it will be very bad if the hunters continue to promote them, but in the end they get nothing. Maybe we should post this on their bounty pages so that people are careful.
More news about ICO Pantera.
They go around telling projects they can raise MILLIONS OF DOLLARS. Sell them broken dreams.
Then when projects ask which exchange should they run the IEO, these jokers say...
CHAINX
Not Binance, not Huobi, but fking ChainX LOLOLOLOLOLOLOL.
Of course nothing gets raised in that wash trading bot exchange. Projects go home poor and broke with broken dreams. L O L
They go around telling projects they can raise MILLIONS OF DOLLARS. Sell them broken dreams.
Then when projects ask which exchange should they run the IEO, these jokers say...
CHAINX
Not Binance, not Huobi, but fking ChainX LOLOLOLOLOLOLOL.
Of course nothing gets raised in that wash trading bot exchange. Projects go home poor and broke with broken dreams. L O L
ChainX platform looking reliable exchange and it’s new exchange but it’s reputation rapidly growing on the Korean community because this made transparency and highly liquidity platform. Blockburn IEO's already ended on ChainX exchange and within 5 minutes(now it’s doubt and questionable) tokens sold out.
I highly doubt there was a successful Blockburn IEO on an exchange with no one.
A week ago I asked a friend to help investigate ChainX ideology and the exchanges volume, liquidity and all that, and clearly stated, Chainx is a new exchange now conducting series of IEO at a time just like the way P2pb2b and Probit currently doing. From what I know, Crypto exchange had to be stable and volume free before conducting Funds raising system. Imagine new sells out IEO in just 15 minutes time, this isn't possible.
So I see many features Chainx is exhibiting proving them to be scam exchange like shit exchange listed above,. For them to list EMJAC IEO meaning they scam because Emjace had be probe to scam long time ago which resulted them to start up again. We still watching where Chainx would go in the crypto market.
So I see many features Chainx is exhibiting proving them to be scam exchange like shit exchange listed above,. For them to list EMJAC IEO meaning they scam because Emjace had be probe to scam long time ago which resulted them to start up again. We still watching where Chainx would go in the crypto market.
Funny you mentioned Probit. Probit does not seem to be washing its way up to the Top of the volume rankings for free publicity. Their Telegram chat seems to be very popular actually. A lot of discussions. I can't even find Chainx Telegram
https://t.me/ProbitEnglish
Chainx telegram is just people saying Good morning? I don't understand lol.
https://t.me/ChainX_officialEng
We should stay away shit exchanges, what they do is drive token price follow their intention, dump & pump and steal our money.
Thanks for notice, I joined Emjac airdrop longtime ago, last year, didn't receive anything, now i know the reason.
It's a relief if you already know the reason for not getting anything from Emjac, because they have made manipulations since the beginning of the campaign.Thanks for notice, I joined Emjac airdrop longtime ago, last year, didn't receive anything, now i know the reason.
Yea me too. Super salty...
Somewhere above, it was written that they sued their former co-workers
Whatever they demand if the project is not clear, then they also won't get anything from their work, once or twice maybe they can get money through investors, but the third time I think they will get nothing, because once they cheat , then everyone will label them as cheats for life.Somewhere above, it was written that they sued their former co-workers
Yea I think it was quoted by someone on top that Emjac has run a big bounty campaign but no one got anything. They think bounty people are providing free labor... Everyone be careful of Emjac and chainx.
Maybe we should post this on their bounty pages so that people are careful.
I have heard of this exchange and until now I have never used it, and in recent months a lot of IEO projects that have held a bounty in this forum have listed IEO in ChainX market, and if this case is true I think investors or bounty hunters should carefully.
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