Topic: WCX 'Exchange built by Apple & Wall St team' - No Team announced, collecting $M (Read 1644 times)

They finaly released the exchange !

I really really hope this project is real, and i would love to invest in it, but it just raises sooooooo many red flags for me, that it is just impossible for me to start investing before I get any kind real proof... I mean cmon...

1.   

very pishing bitcointalk.com thread title: "Exchange build by Apple & Wall St team"

they definitely used those big names to create very strong fomo, but actually didnt drop any real names connected to apple, wall st, deutsche bank or whatsoever.
they are even super evasive about this topic. But why?
If they are who they claim to be what posssible reasons do the have to stay hidden in the dark like that?

2.   

the only "names" of wcx team members revealed are: Community Manager "Pierre Legarnier", Client Manager "Pat Touma" & "Paul Kaplan".
I did some research and found NOTHING about those guys, no facebook, no linkedin, no twitter, just nothing.

3.   

there is NO escrow-service in place for the pre-sale, in which they collect a minimum of 25000$ !!!
Or even better, they say the have one but dont want to reveal it atm. They gonna reveal one after the pre-sale ^^

4.   

Whitepaper lacks of very important details (written like a commercial or flyer)

5.   

All the time "WCX-offical" was confronted with scam accusations in their bitcointalk.com thread (https://bitcointalksearch.org/topic/ann-xxxxx-2026078)
they never responded directly to the users.
Instead one particular user, named "polkacoin" is constantly defending the WCX-team & their pre-sale and escrow methods.
He is even attacking users for warning other people or asking legit questions about the team or escrow.

it seems like it's his personal crusade to defend WCX. Check out his history on bitcointalk every single of his posts
is about WCX (mostly defedning it very harshly): https://bitcointalksearch.org/user/polkacoin-969142

But why? Lets dig deeper!

Like I said all of his posts are about WCX. Except for his first two posts on the forum:

"Quote from: polkacoin on March 15, 2017, 11:17:52 PM in Economy / Service Discussion / Whaleclub reviews and feedback
Just getting started on whaleclub and have noticed generally positive feedback and reviews about them online.
Anyone have experience with them recently? Willing to provide feedback or short review?"
   
"Quote from: polkacoin on March 23, 2017, 03:41:28 PM
in Economy / Service Announcements / Re: [ANN] Whaleclub: Trade Forex, Alts, Stocks w/ Bitcoin - 100:1 Leverage
hello sir, any date for when higher leverage on BTC market is offered?"

Why r they important?
Check this out:
   

6.   

are here the creators of the scam wcx?
 
http://archive.is/Fc8mu
https://whaleclub.co/

go to the website and you are greeted with the exact same tamplates as on wcex.co

+ bitcointalk user ZhuldyzKaladinova claims that polkacoin & wcxoffical accounts are always online at the  same time

smells all a lil fishy to me...


but as i said, i hope it aint a scam  
they say they are going publish their beta on 1.sept, I guess we'll see then if they r real or not.
until this point I'll wait for more real information and i would recommend not investing too early in this project

wish u all good luck and be careful with your money!

this is obviously a scam and a very ugly one.

here are the makers of the scam:
http://archive.is/Fc8mu
https://whaleclub.co/

go to the website and you are greeted with the exact same templates used on wcx

fuck this scam. red negative trust is the least they deserve

... and... of course first post of 'polkacoin' (most active person in their thread):

lol

My ratings shall not be abused by blackmailers, thus I have already removed mine.

Thanks. Sorry for the malicious actions of others.

---

Will see what to do with OP, but it's rather obvious.

Hello,

Unfortunately the author of this thread is using it to blackmail us. We received PMs from him including:


Video proof: https://streamable.com/rdfjf

Lauda, who gave our account the negative trust rating based on this thread, has asked me to post this here, which is why I have. I had taken this issue up with Lauda in private.

Pierre

Yes.  And WCX is welcome to provide some to potential investors.

You were quick, see this:




"  UPDATE

Unfortunately a couple of members on this forum which we have never met or interacted with have rated our account with negative trust. Our username now reflects a red negative trust as you can see on the left.

This is not OK for the WCX brand, and as such we've decided to discontinue our Bitcointalk efforts as long as the trust rating shows negative. I have locked this topic.

Sign up or follow us on Twitter for the latest updates about WCX!

All the best,

Pierre Legarnier
Community Manager, WCX
 "

He is leaving the forum and using other social networks, this name Pierre Legarnier?

No social networks linked to this name... this guy is someone who is cheating people

That actually is how it works, it is called the Burden of Proof.

Done. If you see any more accounts that are related to the project, please link them in this thread.

"You're the one making the accusation, you should prove it"

That's not how it works.

WCX is making claims, with zero verification.    Calling them on that doesn't require proof, though the proof is in the pudding (zero verification).

"I don't think we should accuse them of anything if they haven't done anything wrong."

You don't know, we don't know, that they haven't.   THAT'S WHY WE'RE ASKING FOR SOME KIND OF VERIFICATION OF CLAIMS.

If that is the case, which is what I thought after I looked at the thread, then I will leave them a negative rating and link here. I'm just busy ATM, so this should happen sometime within this day.

This forum is plagued with people who are: 1) Ignorant. 2) Stupid. 3) Greedy. 4) Gullible. Usually, the majority of them are a combination of some of these.

Nothing has been proven, in fact nothing has been disclosed at all. And I mean nothing. Their website is fancy, you can register to participate in a referral program which will supposedly pay you their tokens worth 10 USD (!) per referral.
They don't have any sale status on their website, other than a counter for registrations, which is at about 222k.

Possible scenario is they are using the two weeks till their supposed "alpha" to lure people in with their presale (minimum of 25k USD investment) and large boni (up to 40%) for a couple hundred grand. Come september first, they will be gone.
Or they extend this scam until october 10th when they're supposed to launch the platform, and somehow manage to get even more funds with the ico and some fake accounts who claim they were invited into the private beta and everything is perfect, but for whatever reason they cannot share any pictures of it...
I can't believe there aren't more people screaming scam. Scratch that, fortunately I'm not alone.

I take it that neither the "built by Apple & Wall Street Team" has been proven nor the latter?

I can't view that website due to my hardened browser. Could you post a screenshot of the sale/status of the sale?

What a load of hot air. This is not about 'everyone who has dealt with them being happy'...

you seem to be one of those 'team members'. how is it that you collect BTC n ETH investments without any official team info posted? are you/WCX operating legally?


'put customer funds at risk' - worst line ever. customer funds are at risk right now. If a customer invests in this there is no security whatsoever. Funds are at risk 100%.

You're the one making the accusation, you should prove it... have they done any wrongdoing so far? Idk on the thread everyone who has dealt with them is happy. I don't think we should accuse them of anything if they haven't done anything wrong. Their milestone dates are clear so not sure why we are reacting before they act on their plans.

Team info reveal decision is explained at length in the thread but I guess you didn't read it. Not sure what team reveal would do anyway except put private key holders of customer funds at risk.

Not gonna feed you though, it looks like you are trolling. Have a good one.

Prove it

Who cares that you have worked with the 'WCX team'? Nobody knows who the WCX team is. anyone can go and pay a couple hundred grand in bounties, doesn't matter if I scam hundreds of thousands or millions two weeks later.
They have not delivered on 'everything promised so far' - they promised to release info about the team, 0 info has been delivered.  i kindly ask you to stop lying.


and you are who to say this?

i can see a pre-SALE NOW. So you are collecting funds. Unless you post who you are there will be a thorough investigation.

This is a false scam accusation.

I've worked with the WCX team on many of their bounty projects and Skyped with their members, as have many people in the original thread. The WCX team have delivered on everything promised so far.

Team member identities have not been revealed yet for security reasons (as private key holders), this is discussed very logically and at length in the thread - please take the time to read it.

The Beta exchange is set to launch on Sep 1. At least wait for that before making a false accusation.

WARNING

https://bitcointalksearch.org/topic/ann-xxxxx-2026078

Claim: New exchange with 'a trading engine built by Wall Street veterans. Field tested for years. Relays 1M+ transactions, no pressure.'

Fact: Team has never been posted but project is now collecting millions in a 'presale' https://wcex.co/ico