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Hi all, i have done some research on the Beth ICO (Beth.jp) listed on ico list here :

https://www.ico-list.com/index.php?m=Index&a=detail&id=156

Follow me on a journey from USA and Panama all the way to Japan, with a team of a Fake Doctor in computer science a non existing blockchain architect and many more.

Scam Busted 100% Do not invest any Satoshi until they prove me wrong.

Hope that this will make you think twice and Spare your BTC.

Sorry about the Video quality but here it is.

Another day in cryptoland Beth.jp part 1 :

https://youtu.be/o1R4qgw3sFQ


Another day in cryptoland Beth.jp part 2 :

https://youtu.be/pabls82v9S4


Links of the video so you can see by yourself :

https://www.whois.com/whois/beth.jp

http://www.jpnumber.com/mobile/numberinfo_090_3746_2746.html

https://www.makko.biz/whois/?q=rippletrade.jp

https://www.scambook.com/company/view/88051/AceIDscom-is-a-SCAM

http://www.scamadviser.com/check-website/occultum.jp

http://fr.unknownphone.com/search.php?num=0617769697

Hi again,

Your first video claims are two:

- That the site uses WordPress and the identities of the team. On the first thing you are right, but we do not understand what the problem is. The ICO site (ico.beth.jp) is different and uses Laravel, not WordPress. On the second, we offered you multiple times to hold a meeting in Japan to clarify your doubts but you never agreed. That is why we are going to hold an official meeting in Japan before the ICO starts. Anyone will be invited. Full information will be released in less than a week.

In your second video, your complaints are about the domain registrant of the site, which has nothing to do with us. They register a lot of domain, not only us. And later you talk about one of the events we are sponsored. We can confirm it, you can even talk to the organizers, but simply our logo is not updated on the site yet.

Beth?never heard,I wasn't going to invest, but thank you anyway.

Yes good the site uses wordpress and it's Ok with me.

The problem is that your team don't exist.

-No github account
-No linkedin
-No facebook
-No twitter
-Nothing about ANY of these 4 people on google
-You are using someone else's identity for your "team"

Maybe i am wrong and as a community manager you would have many links to show me ?

Or maybe you  didnt think that someone would ask the right questions ?


Very good. Laravel is a great Framework, maybe you should stick to honest web development and earn your bread like everyone else ?



here are the multiple times where i have agreed :

« Sent to: dankkk on: Today at 01:09:33 AM »

Yes i want to meet you and i can speak fluent Japanese.what about you ? 日本語でどうですか?

I will ask really technical questions about blockchain tech and see how it goes.


 ++ Renk ++‏ @Hokuto_shincoin  17 hil y a 17 heures

 Ok thank you, what is the name of this event please ? Actually i might be in Japan before the ICO, if you prove me wrong i will invest 5BTC

------------

You don't want to show one picture or one video of the team working on this project but you ask me to come and meet the team in Japan.

Give me their twitter account facebook or phone number so i can book an appointement with them ? No ? oops they don't exist i forgot.


Ok i will come back to this thread in a week and see if your nonsense continues.



(EDIT : beth is using a private registrar so this address and phone is used by other sites, however rippletrade.jp was registered using the same registrar so i believe there is a very high chance it is the same person registering )



Ok great i will surely contact them soon.

The thing is you have nothing on the table, you're just asking for Money, what'sup with that ?

Hopefully you will get 0.10 BTC for your ICO to cover your website fees.

See i still wish you something good.

Renk,

As we said multiples times, contact us if you want to have a private meeting with us. Send us an email and we can arrange it. If not, wait until we announce our official meeting (~ week).

And again, we have nothing to do with those sites. I think you do not understand how private registration work. The data, telephone numbers, and address do not correspond to us but to the registrar of the domain.

Ok i understand that this is your private registrar informations,

But we still dont know if these people exist, so you still need to prove that everything on your site is true.

i will wait for your meeting and see what's going on.

But you said that you are not in Japan, probably in Russia looking to your local time zone, so not sure how you can organise a meeting in Japan without speaking japanese, so i got my pop corn ready.

Ok, sounds good.

We will announce it on our twitter and, in truth, we wish you to be present to clarify all your doubts.

Ok sounds good  ;D

thanks for banning me from your slack after only 3 messages, don't worry i will continue to expose your scam.

https://i.imgur.com/BLP5qE4.png

We already enable your account again but as we have shown, you have said many false things about us. The only point understandable is about the identities and we offer you two solutions: Organize a meeting with us (since you are in Japan too) or wait for the public meeting.

Just as we enabled your account again, it would be good to delete the false things you said about us.

Too many red flags! Definitely a big NO for me as an investor!

An ICO/project does benefit from transparency on legitimate persons and organisations, but in no way does this guarantee success or prevent "scam". Some good research was done, but not nearly enough to warrant the accusations, I would say.

Give the team a chance to keep to their deadlines and provide the information they say they will.

Yeah why this guy target Beth for no reason. They tell him to wait for the meeting. :'(

http://research.domaintools.com/research/screenshot-history/mona.co/#0

interesting, how mona.co looked like only one month ago.... :o

Just saw google ad on coinmarketcap about beth.jp ico. So is this a scam or not? Due diligence anyone???

Well if your worried that it might be a scam then just wait once it hits exchanges that's the best alternative I guess

Go to http://TaaS.fund/ and read their website, then look at http://Beth.jp/

WoW!

Not only did they copy their idea, they copied their site design as well. I checked the source code of TaaS, it's fairly organic looking. Beth.jp uses gem, a wysiwyg wordpress tool. (Why the f* wouldn't you spin that simple landing page up in laravel? Or Jekyll? Or just plain HTML/CSS)

TaaS was accused of being a scam as well, only the team responded with photos, video, and posts on every channel within 24 hours. The only reason TaaS needed to respond was because their accuser didn't contact them first.

You would have posted a YouTube of your team introducing themselves if you were legit.

I've been tricked, scammed, bamboozled, robbed, and straight ripped off so many times, I can spot a confidence man a mile away, and I'll say, this Beth.jp outfit is either a rip off, or they are borderline autistic.

Taas looks like a different site and I don't see why you think the idea is copied.

I also do not see much evidence that this is a scam so far. BUT, if the team is truly prominent, then surely there should be information on the internet about them? One of the listed members is a professor at a university, is there no university page (in japanese)?

A second question - does the team have the requisite expertise in deep learning?


Are there any competitors in this space (ie using deep learning/machine learning applied to cryptocurrencies)?



Since there are no dividends from cryptocurrency, to realize profit it must be sold. So my understanding of this is that 60% of the appreciated value will be sold quarterly, and the 25% "reinvestment" will already be held in cryptocurrency, therefore nothing to be done with that.

The dividends are paid out through an ethereum ERC20 Token "smart" contract.

There is a possibility they both used the same developer. Maybe it's legit, if you think it's a good idea, I also have a blockchain bridge you might be interested in.

But as they are investing in cryptocurrencies (not ICOs), the ethereum, bitcoin, altcoin, don't have dividends. Which means they must be sold to realize the gain.

is Vitalik buterin in your dev team?

More information would be nice indeed. It's hard to find information on them, especially since most of it is in Japanese.

But the registrar is clearly named anonymousspeech.com, which should have been more then clear that it's a register used to hide private data, hardly suspicious by itself ( I use them for businesses as well ). Not really impressed by all the other accusations to be honest.

The main problem is that they are Japanese, so doing research on them is hard. Did you bother to contact the event and find out if they are actually a sponsor? If they say no, then that would be a big thing. edit: They are now mentioned as a sponsor http://blockchainapac.fintecnet.com/.

They should definitely make a video or so introducing themselves or so, or share links with their background on it ( that already existed before the ICO ). I would like to invest in something like this, but I prefer the money to not go down in a black hole.

This certainly looks like a scam. I challenge anyone to disprove the following statements, and I'll apologise profusely if anyone can prove me wrong.

The Beth Team is listed here: https://beth.jp/

SEIJI YOSHIZAKI - Is NOT actually a a professor of Electrical Engineering and Computer Science at the University of Kyushu, as claimed. He may not even exist.

HAYATO TAKANO - The image above this name is not the businessman of the same name.

KOYAMA HIDEYUKI - Is not a computer scientist of note, and has no published papers.

HIDEMASA KUWAE - Is not a known blockchain developer with any online presence.

If you can't disprove the above statements, then why would you invest?

Please, if the project is a scam, do not invest, no risk, no reward

So back to the thread after more than a week, and It looks like their scam is falling appart.  ;D

They still didnt gave one proof that the project was real.

-Not any team member infos on google

-Empty Medium Blog, no technical articles about "deep learning"

-Empty Slack

-Site is down

-Community manager comes out of nowhere, can't speak Japanese, but can organise an extremely complicated Deep learning tech multi million dollar ICO with a team of Japanese people. (Very nice)

-All the informations given are very blurry and confusing.

-Just contact us on our mail so we can hide everything from our possible investors and wait the last day, so we can try to pull a last flamboyant trick.





You decide if it's a scam or not, you have all the infos. i will leave it there,

See you

Yes, please everyone see the video from Renk. There are nothing. As I have shown in this thread, he has made mistakes and mistakes. The last one: The site was not down, your IP was blocked  ;)

As announced a few days ago in Medium, the meeting will be held in Japan in a few days (prior to the ICO). We will upload photos and videos of the meeting. We hope you, Renk, will come to the meeting too.

;D Thanks for blocking my IP, instead of trying to prove me wrong. Anyway i already have a copy of your site to keep my investigation.

Oh yeah i have made many mistakes, so many. You have so many proofs that your project is real, you even have Vitalik on your website, you guys must be for sure the future of Deep learning on the blockchain !

I trust you. your meeting is in a few days, and we will have Plenty of videos, full github accounts, Javascript nano wallets, Golang Blockchain architects and Engineers answering all our questions !

What a fool i was to not believe in you ! you can make it happen you are beth ! we don't need any white paper anyway just take my BTC.

Do you accept Pepecash or Rarepepe ? BTC dropped im waiting for the bounce.
 

I am contacting Blockapac, and will try to remove you from there to save their reputation.

Have a nice day.

It is not sufficient to say you are going to have a meeting and all the questions will be answered. Why are there no pages on the internet about any of your team members? Why is there no known expertise in deep learning?

I do not believe this is a scam, but rather the team does not seem competent. They have a high opinion of themselves and their ability, but as far as I can tell it is not based on anything.

Don't you think if you go for ICO you want to be sure it will be successfull? For the ICO to be successfull you should definitely provide some proof for the reliability of the project, even more after seeing such accusation like on this thread.

At least this is what I expect serious projects do - try to keep good reputation at all costs.

Thanx for your research. Really appreciated.

I personally will not be investing in this. Too fast, with too little substance and too much paid advertising. Good products are the opposite

THX to renk i saved a lot of money.

IMHO there are very few profitable ICOs! Most coins are much cheaper after launch.

What was the name again, of that scam on telegram with a girl's name ?.... it was last year, can't even remember the name god dammit....
It was supposed to be an automatic bot investement.. (not DAO)...
Anyone remembers ?
Reminds me of that....

LARA !!!!! Got it !!!

thank you very much
I see the advertising on a website,
and I plan to join this
lucky ,Isee your post to avoid loss my BTC

Beth's sister

Picture this.   You are a person with an idea for a coin that you believe is going to make you and others very rich for some time to come.  Perhaps, in the process you have a plan that will provide for a charity or a need and the coin idea is going to take care of that too.  You put out a moderate amount of money to get started and design up your ICO attack, plus the announcements and promo materials and go to work.

And things go to opposite way and your hopes and perceptions are vanished when you found out that the moderate money you putted out is already gone and goes to the pocket of those coin devs. How sad to think off such thing and we cant really avoid it if we do carelessly jumped out on ICO without minding or seeing if its has a good potential or just good on getting scammed by them.

Hi, I'm Japanese.

There is no information in the Japanese news site.
I can't find it by searching team members.
It is probably a person who does not exist. be careful.

And, despite Japanese founders, switching to Japanese display,
machine translation was awful Japanese.

I'm sorry if I made a mistake.
But I wanted you to not get caught on fraud, so I wrote.

Thanks for pointing this out. Very useful information.

Thank you for your update

Ask Lara or something like that.

Hi, Beth team. I seem to have donated 0.2 ETH to your project thinking that it would be possible to invest, but did not see this beforehand!


– the User is not a US person by residency or citizenship; the User understands and expressly accepts that due to legal uncertainties and complexity of US financial regulations, Beth Fund will not accept any Contributions of US persons by residency or citizenship

Was wondering if you'd be willing to return my funds to me! It would certainly look good on you in comparison to this thread! Thanks so much :-).

https://etherscan.io/tx/0xf85b5bf3af03a88859d9f509f81fbb0bc61119e3de25c3f71d743fea45659304 (https://etherscan.io/tx/0xf85b5bf3af03a88859d9f509f81fbb0bc61119e3de25c3f71d743fea45659304)

Okay guys, I have to say I was private messaged relatively quickly in regards to my concern. Unfortunately, the response was lackluster and only solidifies the allegations made. (At least I think?) Here is the response to my problem! http://imgur.com/a/KDYJp  

So far this has raised $126k according to https://etherscan.io/address/0xe10363e2a568022640be1954f97cc4c96765396a (https://etherscan.io/address/0xe10363e2a568022640be1954f97cc4c96765396a). Maybe I should be doing this rather than trying to invest with my pennies! LOL. I just find it odd that they would mention the terms regarding US contributions when it states that they cannot accept them legally in other areas of the terms and conditions! Very odd. Won't jump the gun anymore, was a little high, already enjoyed the idea behind Golem (although who knows if it will pull through) and was brainstorming as to what Golem could be used for in the future. AI actually came up in my head as a possibility and so this excited me the moment I saw it. Darn. Deserved it for not researching. Good luck to all!

Damn thank a lot for this info.

Hey guys. I checket the website of beth.jp on 23.may on the waybackmachine becaue i was sure that i read that the coins wouild be given back if the ICO is not successfull. On the actual website this information is missing. On 23. of may it was still written:

https://web.archive.org/web/20170523052939/https://beth.jp/

scams never pay you money back. never  8)

It may not be a scam, but there are a lot of questions which their representative is not answering. 

Not every one can come to the meeting in Japan, how about making some effort to answer some of the concerns raised in this thread.

I tried searching for the Beth team online, and so far I've had no luck. It doesn't bode well,

You make it to the other side of the ICO, into the launch and on to the exchange and your coin peaks pretty quickly from the little support that you have gotten.  It hits a high enough price that the coins that you have personally are worth a moderate bank.  As soon as the price highs begin, the drop hits.  Those that had some coins of their own take advantage of the decent Satoshi price and dump, bringing the price back down, perhaps forever. 

Too many red flags from this ICO.

Also,citizens from certain countries are not allowed. A shame for cryptocurrencies.  :o

What happens is that, while your idea may be awesome, no one seems to care much.  You hit a large amount of pure resistance, a lot of distrust and even more of those simply ignore you, your announcements, your promo threads and info on this forum and other social media.  There were many people that told you your idea was great and to run with it, but that is the furthest that their support ever went, just talk

Thank you Renk, whatever , this project will be a rubbish project even it isn't a scam because of  lacking of transparency.

Scam busted!

Why do people always try to shoehorn CNNs deeplearning and ML into everything. The use cases for new coins have to make sense not be a mess of buzzwords, if I see a string of buzzwords as a description, i think scam. Which in this case seems to ring true.

All you need to do is have a youtube channel and organise a google hangout showing your faces, you dont expect to raise much with all this complain, things are just looking fishy, plus no bounty!

god damnit it's probably gone. something this scammy wasn't going to give you money back anyway = /

It's a minimal amount but it's relative...and .2 eth might be worth $200 next couple years...

sorry for your loss friend =(

can we get dankk banned or something?

Looking at the activity it seems like a clearly purchased/farmed account with the sole purpose now of this scam ICO...

it honestly makes me so sad that we've hit the point where there are highly produced very attractive sites and campaigns that are scams.

People can say others were scams but every high-production ICO I've put into this year has done minimum 4x max 8x and that's just in like 4 months if I had way more capital I'd be way more diverse.

This is the first one that was so promising-looking yet is so hollow...I knew it would happen eventually, I just had hoped it wouldn't be so soon.

It was too good to be true, the short age of honest, highly-produced ICO's without scammy-competition appears to be over.

It was a fun half a year. Now we all have to be even more careful.

This is partially the reason I have only invested in ICO's with linked-jpgs of their team members straight to their linkdins or SOME other form of identification online.

The guy who posted the imgur of the response....dankk even says 'audition' instead of audit...notice how when good ICO's come from foreign countries they always speak great english...they know what an audit is.

and 'dankk' or whatever was active TODAY yet is steering clear of this thread.

He's been busted. SOMEONE needs to do something get a watchdog on that address clearly this person has some internet skills but NOT enough to fool renk or half the others online.

Maybe the weaponized autists would like to hone their skills messing with this one...






It's a scam for sure now.


JFC poor people this makes me so sad...I have *knock on wood* yet to get scammed or lose any money other than to stupid newbie trading newbness...

https://etherscan.io/address/0xe10363e2a568022640be1954f97cc4c96765396a

can't believe my eyes it makes me want to murder dankk freaking puss can't even TRY anymore...it's like watching a stupid scammer on Neopets in 2000 or World of Warcraft or something...cept he's almost at $1 mil

Most important of all are its terms and conditions (all investors accepted them). Have you read them? They have done well. They do not even have the obligation to distribute the tokens. They were covered by any kind of responsibility. Good times are dead.

We need some regulation to avoid such problems.

FUCK SCAMMERS

What do you guys think what do they say to the inverstors after the ICO? (Almost 1M$ already raised  :'( )

1.) They just disapear without saying anything
2.) Sorry we did not raise enough of money for the project. Thank you for the money.
3.) Sorry the technology is not working like we expected
4.) Sorry, we got hacked and all the money got stolen
5.) Sorry, our team got hit by chemtrails. The members got a strong amnesia after that and they couldnt remember their real names anymore. Thats the reason why anybody couldnt find them in the internet. In the mean time the amnesia is progrssed that much that the project must be stopped
...
....

Hi,

SCAM confirmed. Just after transfering to them (luckily in my case little cash), couldn't access anymore to website. Reset password Email never comes (other users in twitter experiencing the same) and support email doesn't reply either.

A pitty that such individuals harm crypto world. Lesson learnt, more previous investigation next time.

the scam was confirmed with renk's first post hahaha



and to anyone who thinks how will this guy get away with this, you can't run away from karma...

well that, and Dankkk doesn't sound very smart, and so likely they WILL have screwed one person at least they should'nt have...and maybe that person can make sure they never do anything with said stolen-ether.

It will feel SO much greater to all of us who earn 10, 25, 100 million in value WITHOUT ever having to screw someone. Selling your coins at a peak to someone isn't screwing them...they knew the game.

Getting someone to send you ether with no intent of any true project...in fact elaborating a crazy scheme too...well that person WILL pay eventually...pay now or pay later no one escapes their karmic debt.


EDIT: I hope dankkk has been using VERY WELL HIDDEN IP's etc...cause he's about to get doxxed hard I'd imagine by anyone with the autistic-enough-skills to discover who he is...and if his identity is discovered then it's more likely that the ETH will still be lost but at least not touched by dankkk himself

Hi, could you please tell us more about your team members?

Everyone, stop to attack Beth. Not a week has passed since the ICO and everyone accuses them.
Give the team time and they will prove that they can make it happen.

Disclaimer: By the way, I am simply the community manager for non-Asian markets. Not part of the team in anyway.

From day 1, you got mostly distrust, being ignored and scoffed at, when you started believing that your idea was the best thing ever. You have put your own money in to get things started and now the end is in site, this may be the highest price that your coin masterpiece will ever hit.

This is not the story with all ICO's, new coins and dev's projects, but it is the end of many of them.  The new coin market is so bogged down with scammers, dev's that can't handle supporting the coin over the long term, and just mis-handled coins that even the best ideas and concepts die out before they can begin.

It is the reality and it kills a lot of potential tech, but it is the reality that we have. Need to be careful in selection of the ICO and where to invest and where not to invest.
 

Don't have a lot of trust in this project. I will skip it because of many accusations around.

It doesn't matter what they say. They will run.

Now I understand the saying "A fool and her money are soon parted." But you don't realize initially that it is using promise of advanced technologies, plausible ideas, clever marketing, and so on.

dude you're so full of crap your eyes are brown.

There's a reason you changed your icon from the beth to this douche face...you're probably already ready to ditch the account so it's no big deal for you.

Why would an asian team hire a community manager who cant speak japanese and can BARELY speak english coherently?

you're lying man and it's extra annoying. I wish there was a way to get you banned right now and have the ether frozen.

EDIT- I'm most pissed because I thought the site was so cool and legit I wanted to invest but I always check Ann first and sure enough....big fat freaking scam.

thank you so much renk....seriously.

Do you want to get red tagged??
Stop promoting the scam site, warning.

bla bla bla bla .....
^{THIS GUYCHEVAS REGAL  IT'S A SERIAL SCAMMER HE TRIED TO THIEVE  ME 10 BTC, HE DON'T KNOW THEY ARE THE 10 ETH MORE EXPENSIVE OF HIS LIFE, I'M  A BIGBAGHOLDER AND HIS ARMS BE BROKED I WILL PUT 100 ETH FOR IT MORE UPDATES INCOMING}

So what's the news on Beth.jp funky people? Is it a scam? Is it multi-coloured unicorn poop of awesomeness? I wanna know...

I agree that there are too many red flags...

There is a lot of scams going on currently and it's better to be careful and if doubts occur to stay outside and wait for better opportunities...

Thank you for taking the time to investigate and making us aware.

 

What a pitty to check above info so late! Although I suffered lost for 1 btc, I am willing to donate 1 eth to one who dig out these scammers and highlight them all over the Ethereum org. Since such behavior really harmed the crypto world!

So, few months have passed and they have removed the twitter account an without explanation.
I've lost around 6 ETH. Would love to see something done.

Can my friend Andre get his money back pls  ???

Any news? Any rumors?
Is this going to the moons of Mega Jupiter any time soon?

I invested 1 Mln$ and need the money next week, so get your stuff done plz.

Were Americans allowed to contribute to Beth.jp? If so, contact the SEC and give them as much information as you can.

https://www.sec.gov/whistleblower

I asked for updates to the following emailaddress on november: support@beth.jp. Got answear from: federico.aragon.b@gmail.com ->

We are working on Beth, when we have news we will let you know.

Regards

Asked a few weeks ago again, no answear. Email address seems not japanese anymore. maybe can help to identify the scammers.

Website deleted. Scam complete!

Picture this. You are a man with a thought for a coin that you accept will make you and others extremely rich for quite a while to come. Maybe, in the process you have an arrangement that will accommodate a philanthropy or a need and the coin thought will deal with that as well. You put out a direct measure of cash to begin and plan up your ICO assault, in addition to the declarations and promotion materials and go to work.