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Topic: What if your ICO idea and name was copied by scammers? - page 2. (Read 245 times)

legendary
Activity: 3164
Merit: 1025
Leading Crypto Sports Betting & Casino Platform
Friends, we need your advice.
Our ICO seems to have a double with signs of a scammer.

We started to work under our project in the summer 2017. At that time we conducted a naming survey and there was no project with the same name or close. We chose Lendex.io and we've been working with it for more than six months already. As it seems from the name our project is related to lending, namely, it is a blockchain-based, cross-border, peer-2-peer lending platform that connects lenders with underbanked borrowers across a number of high-growth markets in Central and Southeast Asia.

Recently we got some inflow of people to our Telegram channel (of course at first we were happy) but they started to resent that we blocked their cryptocurrency! Knowing that we haven't even planned an exact date of pre-sale and haven't taken a cent from anybody we were shocked  Embarrassed and realized that we were confused with another ICO called Lendexcoin and that is likely a scam. We also found out that this company used our name and contacts several times and many users began to confuse us with them.

We are very sorry for the people who suffered from the actions of this company  Sad . And we, as a team with several real projects in the financial sphere behind our shoulders, would not like to be associated with anything like that. Nevertheless, we would not like to change the name of our project, since we have already invested a lot of efforts in strengthening the brand: participated in many conferences, communicated with investors, funds, partners and potential clients who now know us as Lendex.

We also saw some other Scam Alerts about Lendexcoin and wrote our comments in several posts.

Could you advise us what else can we do to fight such scammers? Huh
That sucks but honestly scammers being so crazy to earn more and more money from scam others.


The possible thing about you can try to make the team to give awareness to the community about such scam project. Or you can try accused its scam project on Reddit which gained a mass audience.

It may become the best way to do that.
Scammers are everywhere. I saw it anytime, and that makes my eyes so hurt.
member
Activity: 266
Merit: 60
Sorry to hear this happened, sadly I don't think you can do anything but come up with a new name.
To take any legal action would require a copyright, but even still this is crypto, full of scammers who can hide behind a computer and take money without a trace, so even still that wouldn't work in my eyes.

newbie
Activity: 10
Merit: 0
Friends, we need your advice.
Our ICO seems to have a double with signs of a scammer.

We started to work under our project in the summer 2017. At that time we conducted a naming survey and there was no project with the same name or close. We chose Lendex.io and we've been working with it for more than six months already. As it seems from the name our project is related to lending, namely, it is a blockchain-based, cross-border, peer-2-peer lending platform that connects lenders with underbanked borrowers across a number of high-growth markets in Central and Southeast Asia.

Recently we got some inflow of people to our Telegram channel (of course at first we were happy) but they started to resent that we blocked their cryptocurrency! Knowing that we haven't even planned an exact date of pre-sale and haven't taken a cent from anybody we were shocked  Embarrassed and realized that we were confused with another ICO called Lendexcoin and that is likely a scam. We also found out that this company used our name and contacts several times and many users began to confuse us with them.

We are very sorry for the people who suffered from the actions of this company  Sad . And we, as a team with several real projects in the financial sphere behind our shoulders, would not like to be associated with anything like that. Nevertheless, we would not like to change the name of our project, since we have already invested a lot of efforts in strengthening the brand: participated in many conferences, communicated with investors, funds, partners and potential clients who now know us as Lendex.

We also saw some other Scam Alerts about Lendexcoin and wrote our comments in several posts.

Could you advise us what else can we do to fight such scammers? Huh
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