Bitcoin Forum

ICO Name: CRYYPTO.COM

ANN Thread: https://bitcointalk.org/index.php?topic=5111344
Archived: https://archive.is/oKVXv
Bounty Thread: https://bitcointalk.org/index.php?topic=5111354.0
Archived: https://archive.is/Sgblh



Scammer Website: https://www.cryypto.com
Whitepaper: https://s3.amazonaws.com/cryypto/media/download/whitepaper.pdf
Archived: http://web.archive.org/web/20190219080150/https://s3.amazonaws.com/cryypto/media/download/whitepaper.pdf

Reason: Whitepaper plagiarized from "Blockchain.io"
Source: https://blockchain.io/wp-content/uploads/2018/09/BCIO_Whitepaper.pdf


Comparison below. In order from the top down. CRYYPTO >> Blockchain.io

They change some sentences but not important.
https://i.imgur.com/2K8bffF.png

Source from WPP of Blockchain.io.
https://i.imgur.com/t84qK7V.png
https://i.imgur.com/D0ykXCv.png

And more proof:

https://i.imgur.com/Gxj1qFQ.png

https://i.imgur.com/i3HMcrj.png

I visit website of CRYYPTO.COM. I can not find team member of this project.

I'm managing their current bounty, will look into this now. Seems like an oversight in our due dilligence. Thanks for bringing this to my attention.

Good job, OP. Than more people will join to exposing scams - than better community we will have.

Good that you stopped bounty, but why ANN still active?

Bounty and ANN are not active at the moment. If you find other posts please post a link to the thread here.

Kudos for looking into it, bud.

Hey everyone, I just wanted to update everyone on the situation here.

I have had long talks with the people behind the project and was able to clear up some things. First things first, they did outsource the creation of their whitepaper. This was a bad move (https://i.imgur.com/tj2Cdd3.png) on their side, but it is not deserving of them losing all their reputation. I have been informed that they personally will be re-writing the whitepaper, which will be live soon.

Onto the team profiles issue, they have told me that they will be adding team profiles next week when their ICO starts. Here is their LinkedIn company page anyway, but keep in mind it will not be up on the site until next week. https://www.linkedin.com/company/cryypto-com-token-exchange-platform/

Please let me know what you think about this, I believe that they have released sufficient evidence that they have made mistakes rather than a scam. We will not be releasing ANN and Bounty just yet, but are looking to do so once everything (whitepaper, profile, etc) has been cleared up.

I think they will find another way to get past us. It is very difficult for the community to trust Cryypto.com again.
In addition, they have spent a lot of money to invest in project such as website design, logos, buying domain names ... I think they will not easily see a project labeled fraud.

A project that outsources their whitepaper, and doesn't even properly check the final product, shouldn't be trusted imo. It's not hard to check if a whitepaper has been plagiarized so why didn't they find it?

Here is what the cryypto rep said -


They might have missed a step, but I'm not sure it's fair for them to lose all their reputation from this. You're calling them out for being a scam because they outsourced the writing of their document, and a portion of it was copied. Not sure how to proceed here.



Not sure what you mean by that third sentence. But the community won't trust an ICO because they outsourced their white paper? You came to me begging for merits man, if this ICO was a confirmed scam or this was solved, I would've given you merits, but not if you come to me asking...

As a bounty manager, I can understand why you are protect the project and want to clarify the situation, but! We have seen hundreds of examples, when the team began to defend itself after the accusations, can we just believe to their words? If I launch a scam tomorrow and answer all the accusations - the site was made at an outsourcing, wp too, the fake team is a stock photo from a template for the site and now I’ll fix everything, we’re not scam, but I will not give you any proof. How do you see it? I still don't blame the project or you, but I am sure that the arguments in defense should be more powerful, screenshots, links, something that will prove that they wasn't aware of deception on the part of creator of the whitepaper. For now we only have their word against the facts from OP. This is of course extremely convenient - you were accused of scam - you will fix everything and there will be no evidence left. It is really extremely difficult to restore the reputation after such accusations, I don't even know what they can do for this. Perhaps ICOEthics are more informed about how to do this. By experience, the forum community practically doesn't give a second chance. In any case, if they are so keen on development, they should have hired an experienced person, it is really difficult to invest money in a project that makes such mistakes, this is not professional, in the current market it is almost impossible to succeed in raising funds, especially after such accusations.

Decoded, I was in your situation in past, best way for me was to close threads and stop partnership with project, good luck to you with this situation. I think the continuation of support for this project may lead to the loss of your reputation, there must be a quick and weighty response to the charges or you should stop working with them.

Very correct words. The beginning of trust in the project begins with the manager. It must be prepared not to accept a dubious offer from an unreliable resource.

They created a new bounty topic.
https://bitcointalk.org/index.php?topic=5114027.msg49909560#msg49909560

Do you think the new manager should be tagged so those bounty hunters who're not aware will have a second thought about the manager having a red trust? Also the manager was recently woke up from a long period of inactivity.

Link to new managers profile: https://bitcointalk.org/index.php?action=trust;u=137131

One more account related to their team. They are thinking that they already answered to accusations, but they not. Also Decoded stopped their partnership, so it seems even more suspicious. They used same spreadsheet as in previous bounty.

Coinrizon (https://bitcointalk.org/index.php?action=profile;u=2476362)

New ANN - https://bitcointalk.org/index.php?topic=5114024
Archived - https://archive.is/GaHds
New Bounty - https://bitcointalk.org/index.php?topic=5114027
Archived - https://archive.is/nIeUR

xypos (https://bitcointalk.org/index.php?action=profile;u=137131) (This user recently woke up from a long period of inactivity.) definitely informed about this accusations and should answer here with team, I don't think that they have any proofs. It's seems like scam, just removed previous threads and launched new without any answers on accusations. It's just stupid - no, we not scam, we just ordered WP from outsource and now we will change all plagiarism.

Yes, you are responsible for promoting scam, but it seems like account was bought/stolen. Should we neg tag him for this? I'll wait a while, but nothing looks like they can prove their honesty.

This is interesting and a bit troubling to see. I tried registering for their website to see if the ICO was going on yet... and no email for the registration. Again, if it seems too good to be true... it probably is!!! We will see where this goes. If the devs can prove to me that this is not a scam I will be much more at ease that their back end just need some work.

The bounty manager
"xypos"   has been tagged by Darkstar on 2016  (https://bitcointalk.org/index.php?topic=1702409.msg17081996#msg17081996) (neutral, use of alt)

Love his opinion concerning plagiarism  ;D

So, need tag new bounty manager for promote scam ico or not?

Did CRYYPTO avail the services of Eduardo G in Bitcointalk? If so he deserves to be tagged here in the forum, whitepaper plagiarizers like this one deserves to be identified so that less Legit ICOs would be destroyed because of plagiarized whitepaper. I have tagged a lot of ICOs due to plagiarized content before and most of their reason are they have outsourced their whitepaper which majority of them have not provided any convincing evidence to support their claim unlike in this situation where it is pretty convincing to me that the devs really don't have any idea on the plagiarized whitepaper.

I don't get it, So the project spam and they create new bounty thread in just four days, how that?,
First bounty created and paused 18 february and the second bounty thread created in 25 february

Link to old thread : https://bitcointalk.org/index.php?topic=5111354.msg49801312#msg49801312
Link to second thread : https://bitcointalk.org/index.php?topic=5114027.msg49909541;topicseen#msg49909541

Any body can explain to me, i don't understand anything
Two thread in just 6 days

This is the new ANN, but i don't know if spam or no

https://bitcointalk.org/index.php?topic=5114024

Something seriously fishy going on here..... first the restart of the bounty threads as pointed out by mitpou...

and then the registration emails come through.. I refuse to finish the registration process until someone from the development team can come forward and explain this project in a way that is believable.

xypos is likely sold as this alt (https://bitcointalk.org/index.php?action=profile;u=137109) was sold as well.

So did DECODED back off from the project? It seems like it as xypos is the one who have posted the new thread of the campaign. After the proof (screenshot of the conversation) he has provided he didn't update us about the situation so maybe he felt as well that the evidence was not really sufficient to prove that the plagiarized whitepaper wasn't on their part. I really would like to see the feedback of DECODED as we cannot really continue a potential scam running in the forum.

We talked to them and they wanted to try and launch before everything was set up were not heeding our warnings. My hands are completely off. We've pursued other projects and parted ways with cryypto.

This guy named Nathan from Cryypto contacted me in early January.He wanted me to manage his bounty.The first thing I asked him after I checked his website is where is whitepaper and team info.
He assured me it will be published next week and sent me some advance payment for signature codes and preparation of bounty.
Even after a week when I didnt see any team info and whitepaper on their website,I showed my disinterest.
He went silent after that.
Two days back I messaged him for his btc address so that I could return him his advance that he sent to me.He said he wanted me to manage his bounty as he was not happy with current manager lol.I checked his bounty thread and luckily came to know about this scam thread.
https://i.imgur.com/22ctQJv.png