[WARNING] Rfinance - Plagiarized Whitepaper

qwertyup23

hero member

Activity: 2268

Merit: 789

Quote from: Rikafip on September 20, 2020, 03:54:15 AM

Quote from: TheUltraElite on September 20, 2020, 01:16:34 AM

Bottom line: Suspect everything in the cryptocurrency space other than Bitcoin to be a scam. Grin

That sums it up nicely.

It is interesting to see that Rfinance made their first announcement thread week ago. First they hired someone to do it for them, but when they were busted for plagiarism by @AhmandM in [WARNING] RFinance (RFI) Plagiarized Website Contents , OP of that thread naturally deleted it. So what else will scammers do than open a new one as they don't really care about reputation. For them it's rinse and repeat business anyway, where they churn out new scammy projects one after the another. It cost them very little time and money, while profits are huge.

Oops I did not realize that Ahmad already posted an accusation on this project. I'll be locking this thread now to prevent any further damage.

Quote from: dkbit98 on September 20, 2020, 06:59:38 AM

This Rfinance plagiarism was reported before by other member AhmadM:
https://bitcointalksearch.org/topic/--5276813

Probably OP didn't see it before posting his own, but one of this topics should be locked now

I am very sorry but I did not realize that Ahmad posted an accusation against this project before. Thank you, I'll be locking this thread now.

dkbit98

legendary

Activity: 2212

Merit: 7064

This Rfinance plagiarism was reported before by other member AhmadM:
https://bitcointalksearch.org/topic/--5276813

Probably OP didn't see it before posting his own, but one of this topics should be locked now

andrei8787

jr. member

Activity: 136

Merit: 4

Reported to CryptoScamAlert
https://cryptoscamalert.com/crypto_scam_report/660

notblox1

legendary

Activity: 2086

Merit: 1282

Logo Designer ⛨ BSFL Division1

I am supporting the flag.
It is just one more defi hype scam project done in few minutes by copy pasting., and I hope new people will search google and find this thread before they send them their coins.

Rikafip

legendary

Activity: 1722

Merit: 5937

Quote from: TheUltraElite on September 20, 2020, 01:16:34 AM

Bottom line: Suspect everything in the cryptocurrency space other than Bitcoin to be a scam. Grin

That sums it up nicely.

It is interesting to see that Rfinance made their first announcement thread week ago. First they hired someone to do it for them, but when they were busted for plagiarism by @AhmandM in [WARNING] RFinance (RFI) Plagiarized Website Contents , OP of that thread naturally deleted it. So what else will scammers do than open a new one as they don't really care about reputation. For them it's rinse and repeat business anyway, where they churn out new scammy projects one after the another. It cost them very little time and money, while profits are huge.

cryptoaddictchie

legendary

Activity: 2268

Merit: 1379

Fully Regulated Crypto Casino

Quote from: TheUltraElite on September 20, 2020, 01:16:34 AM

Flag supported. I hope more DT members also come in to support the flag and keep it active.

Supported it. I saw this project being advertise on pump and dump groups. It seems the clone industry of new presale events are very hot.

Quote from: TheUltraElite on September 20, 2020, 01:16:34 AM

Bottom line: Suspect everything in the cryptocurrency space other than Bitcoin to be a scam. Grin

This is not working on the real world of uniswap. Some traders dont mind if the whitepaper are copied, website created early, as long as they can gain profits on trading on these shitcoin thats all that matter to these guys.

Quote from: CryptopreneurBrainboss on September 20, 2020, 03:29:33 AM

The advice now should be any one thinking of Investing in any DeFi related project should just abstain from joining any with finance at the end of the project name. There's a 99.9% possiblity of them been a scam.

People should learn to check whether these yield farming has been audited. There are projects ending with finance proves legality and pass some audits. By knowing the fact on this and method they are still safe from scam.

CryptopreneurBrainboss

legendary

Activity: 2408

Merit: 4282

eXch.cx - Automatic crypto Swap Exchange.

Supported flag and took it a step further by tagging the account representative on forum, I was just commenting on a thread above yours few minutes ago regarding any new project ending with Finance been a scam, this just backed my statement. We're seeing what happened with the ICO crazy all over again. Back then any website with an attractive design and name get the gullible Investors fund without any stress.

The advice now should be any one thinking of Investing in any DeFi related project should just abstain from joining any with finance at the end of the project name. There's a 99.9% possiblity of them been a scam. Do your personal research and only invest what you'll be comfortable loosing.

TheUltraElite

legendary

Activity: 2898

Merit: 1253

So anyway, I applied as a merit source :)

Flag supported. I hope more DT members also come in to support the flag and keep it active.

With some many scammers running these scams by just cloning everything, I dont think it will be long before people tend to think of DeFi to be a complete scam. It will be a biased opinion just like what altcoin projects have ended up being. As long as people know when the suspect a scam they should be safe.

Bottom line: Suspect everything in the cryptocurrency space other than Bitcoin to be a scam. Grin

qwertyup23

hero member

Activity: 2268

Merit: 789

What happened: PLAGIARIZED CONTENTS

Profile Link: https://bitcointalksearch.org/user/rfinance-2852348
RFINANCE ANN: https://bitcointalksearch.org/topic/--5276907
RFINANCE ANN ARCHIVED: https://archive.fo/HoMdq
RFINANCE WEBSITE: https://rfinance.io/
RFINANCE WHITEPAPER : https://rfinance.io/

FLAG: https://bitcointalk.org/index.php?action=trust;flag=2339

READ: Since the link to their Whitepaper on the website is not working, parts of its website including the roadmap has been copied from Xfinance's website.

Copied content:
https://xfinance.io/

Code:

13 days old
Created on 2020-09-06
Expires on 2021-09-06
Updated on 2020-09-06
https://whois.domaintools.com/rfinance.io

Topic: [WARNING] Rfinance - Plagiarized Whitepaper (Read 212 times)