Bitcoin Forum

 Reporting Scam Project ETU (Ether Universe) and IDCM exchange.

First of all, I gonna talking about ETU and what scam they did to the community that supported them from the first day.  ETU is a project of cross-chain 3.0 network that launch ICO and and raised a large amount of investment with a huge community of 160k members. Without the huge support of community they would never have successful ICO like that.  To get support from us, they give us 2 airdrop campains. The first airdrop finish before 1st April that give each member 8888 etu and 8888 each referals. The distribution will be 1st April but they delayed it to end of April but when the time come they continue delayed it to end of May. But untill July there is no ETU distributed to community.
From July they have a new airdrop campain with 888 ETU for each airdrop and 888 ETU for each referal, we continue supporting them even they haven't distributed the airdrop 1. From that they force us to register on and KYC a new exchange call IDCM, both projects come from China. We refused and suggest them to send us the token directly to our private address but they rejected our request hardly. They said we have to KYC on that strange and unsafe exchange or we have to forget our token. Deadline to distributed is 27th July for both airdrop 1 and airdrop 2. The problem is ETU confirm that ETU have no partnership with IDCM and we have to KYC for 8888ETU (about 5$) when withdraw fee is 2500ETU (LOL). And when we as IDCM about "do IDCM related about airdrop of ETU? or not?" they refused to confirm or didn't give us any announcement about that problem. IDCM try to make us confuse between distribution of ETU airdrop and Register IDCM reward (288etu).
BUT WE DID ALL OF THAT REQUIREMENT.
But 27th July, they continue delay it to 1st August. On 1st August they continue delaying to 6th August. On 6th August, they send us 288 ETU of register reward (which doen't worth a cent because minimum trade is 1000 ETH and withdraw fee is 2500 ETU). ETU said they will distribute airdrops after 15th August when ETU is listed on IDCM meanwhile IDCM keep silent weirdly. Today is 16th August, ETU is listed on IDCM but no airdrop is distributed.
We asking for a explaination but ETU refuse to give us answer or distribute airdrop. Only Bot automatically answer us in common information. Meanwhile IDCM exchange officially have an annoucement that IDCM is not related to ETU distribution after the community asking too much.

The problem is ETU betrayes our trust and selling our information to a strange and unsafe exchange. We help them grow bussiness but they broke their promises time after time. And IDCM support ETU and help them hinding the information from community. Both project come from China and if only fools beleive that they have no partnership.

I wrote this article to share about this scam of 2 projects ETU and IDCM exchange. Hope you guy don'tinvest on ETU trading or join IDCM ICO or IDCM trading untill they have a solution for this mess. Please share this message till ETU and IDCM distribute airdrop or IDCM DELIST ETU...

*Note: in July, ETU have annoucement that they will be listed on FCOIN on 1st August and their is a bonus 5% for depositing on Fcoin. But Fcoin confirm that there is no listing ETU and no Bonus deposit campain on Fcoin as ETU said. And now there is still a problem to withdraw ETU from Fcoin.

I have been retricted from writing on etu group. Let us share this message to community and media as bitcointalk

I'm tired of this ..

Please let everyone know that

Thank you!

that is right, They both ETU and IDCM are banning members who complain

Put them in jail!

if thats true Its  better to report it on the admin here in bitcointalk If the ETU project has still ongoing busines here better post it on more forum here to inform more investor and members :)

do you have any idea to contact admin? I am a newbie here

Thank you so much for bringing this up early enough. This people are going to block the future invest opportunities to raise funds for future honest projects. Identifying good projects now has become an issue because just when you are still thinking that a certain project is reliable, it is already turning exit scam.

thank you, I don't know it is real or not but their behavior to the community who help them grow up their product is unacceptable. Untill now, admin of ETU @Marcus continue give a new date (maybe the angry of people make them act) they say they will distribute within 2 days but as the same as before, there still NO confirmation from IDCM exchange (still keep silient and ban member who complain).
in my point of view, it is another scam.

this is scam!

marcus, suck my dick

I think you all need to quit from this project and dont trust this project, the best scammed project , im never meet this shiit project .

update: ETU distributed everyone 8888ETU BUT the referals is have to KYC also on IDCM. The problem is from the begining of airdrop there is no requirement such as airdroper have to KYC or referals have to KYC... Meanwhile when starting airdrop they promise they will give everyone email when distribution BUT there is no email. That is why after 5 months waiting airdrop almost community don't know about distribution or KYC... The result is airdropers will only get their 8888 etu (1.5$ for now) and no referals be count. the community is angry right now because there no such a rule like that before airdrop and they can not control if their referals KYC or not.
And ETU decide that kind of referals are Zombies... LOL From now a human can be zombie not because of virus but NOT KYC instead :))))))))))))))

Airdrop Roadmap of Delay progress: 1st april- may- 27july register and  kyc idcm- 1st august-6th august- 15th augaust- after september....more

The airdrop only requires users to register on website by typing their email and inviting their friends using their link. Obviously fake referrals should already be filtered since, since IP address detection and such will do the work.

but after 6 months, etu wants all airdrop participants to register in IDCM too , to be counted as valid referrals , which is idiotic excuse because airdrop happened almost 6 months ago...most of registered users already forgot etu. So serious airdrop hunters will pay the price?..b*llsh**.
They just dont want to pay airdrop hunters.
unacceptible ,
They just wants to sell all their own tokens to users in IDCM.

ETU is FRAUD and a SCAM. BEWARE

8888 ETU is almost worthless as it comes. $1.5 is almost negligible me, and personally I've decided to call their bluffs. It's sad how these guys perfect scams, use the community to achieve publicity and their selfish aim only to be left in the cold.

This post needs to go up to the top.

IDCM is truly a scam exchange site that is known for stealing customer deposits.

DO NOT DEPOSIT YOUR MONEY ON THE SITE

이 사이트는 사기입니다!

Funny. Thanks for the info. If so, these guys are liars because they told lies so many times or stupid because they even couldn't manage an airdrop. Both cases show that we should be away from this SCAM project.

Stay away from IDCM scam (idcm.io (http://idcm.io)) project. This is a scammer exchange with a scam IT token.

Their management is composed of Michael Zhao, Leo Liu, Alex Chan, Andrew Wong. These are all known scammers for blockchain projects..

How could you? Some scam projects have anonymous team members that makes them invulnerable even to contact, once in telegram if you pm one of them they will just block you and you stop there.

Hi, IDCM scam my LINA coin. What can I do?
Update: I contact IDCM support and they send back my LINA coin after 3 days. IDCM is legit.

Wow this is new, I don't know that IDCM exchange is a scam exchange, I used to like the exchange because it's asian, thought it would be huge and different but I was wrong, thanks for sharing, there are other bad exchanges in crypto space too like exmarket or sistemkoin

Me too, I have used the exchange on different occasions in the past and everything was smooth didn't know they will later turn out to be scam, maybe it explains the fact why there haven't been any news and so on lately from them. All this scam exchanges are not making matter easy for anyone, investors will worry about scam projects and then scam exchanges, thus confirming the reason why no one should keep huge funds on exchanges.

I don't know about IDCM exchange but after doing some digging the exchange has too many bad complains and reviews, meaning it's not a trusted exchange to sell or buy your coins, before using a new exchange always find answers using the web

Altcoin discussion is not the right section for this thread you should move it in the scam section, I just notice that so many newbies are posting here, they seems to be bumping this thread I don't know, you should move it in the scam section and post all your evidences, to prove that you have been scammed, that includes deposit and screenshots.

I'm also using IDCM before because I participated in one of the local ICO projects and the token was listed there, But the exchange was going through a series of an upgrade at that time to fix something which is I don't know and the upgrade will last for long period, again and again, luckily my deposited token is just a small amount thats why I forget it to release my stress in IDCM worst service. Beware!

Yes, I have also found out about IDCM exchanges, in brief and general terms, IDCM exchanges have a very low confidence score even though the daily volume is still there, but it could be only limited to the volume that they make themselves in order to attract others to use IDCM exchanges.

I have ever used it and in my experience, if that was not having a lot of problems like this time. The credibility if idcm has already destroyed after there was a lot of scam coins came to that site.

This exchange site can't be reported but the scam asset can be reported.