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Topic: Singapore Dollar Coin - ⚠️SCAM⚠️ - Stolen content from Weriz App, Fake team (Read 184 times)

legendary
Activity: 2030
Merit: 1189
And look at there progress bar, they already reach $5m lmao which is an obvious bait to lure someone that they are legit which they are in the opposite one.
By looking at there team, those faces looks familiar lmao, those faces are used too many times on those ICO websites.
This is exactly why we need more regulations in the crypto sphere. Not only for more legitimacy, but also for more transparency behind these so called ICOs. Projects like these are a dime a dozen and have contributed to the old stigma of crypto = scam.  If there are more regulations, any project popping up would have to have everything it says vetted, particularly if they're looking to target those in the US or Europe.
legendary
Activity: 2310
Merit: 4313
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Speaking of the team, the scammers collected photos of famous people of the cryptocurrency space and put them on their site.

It is a common practice among scammers to use real photos and real names to make their project look more attractive to investors.



Charlie Shrem

is one of the founders of the Bitcoin Foundation

https://en.wikipedia.org/wiki/Charlie_Shrem



Matthew Spoke

is the founder and CEO at Aion Foundation

https://www.linkedin.com/in/matthewspoke/



Kathleen Breitman

is the co-founder of Tezos

https://www.linkedin.com/in/breitwoman/



Mike Belshe

is the co-founder and CEO at BıtGo

https://www.linkedin.com/in/mikebelshe/



Josh Fraser

is the co-founder at Origin Protocol

https://www.linkedin.com/in/joshuafraser/
copper member
Activity: 2142
Merit: 1305
Limited in number. Limitless in potential.
And look at there progress bar, they already reach $5m lmao which is an obvious bait to lure someone that they are legit which they are in the opposite one.
By looking at there team, those faces looks familiar lmao, those faces are used too many times on those ICO websites.
legendary
Activity: 3066
Merit: 1101
Leading Crypto Sports Betting & Casino Platform
you will get the impression of fraud just by looking at the photos of the team members. scammers are not trying hard anymore to make their project looks legit. btw, no ANN thread here yet for this coin? guess they will not last long once they decided to post this project in the forum...
hero member
Activity: 1666
Merit: 753
Even if it didn't have a fake team or stolen content, it's certainly not a project that you would want to invest in.

There has been a long line of sh*tcoins which use specific regions in their name to target investors, like Swisscoin, Dubaicoin, etc.

They all have the same algorithm and provide no utility to anyone. All they do is that they say they will provide a way for people to transact in a decentralised way in that specific region - but doesn't BTC do the same thing?

legendary
Activity: 2310
Merit: 4313
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