Bitcoin Forum

Economy => Scam Accusations => Topic started by: ICOEthics on May 10, 2019, 01:40:04 PM



Title: Kingcuan - Plagiarized whitepaper
Post by: ICOEthics on May 10, 2019, 01:40:04 PM
What happened: Plagiarized Whitepaper  

Scammers Profile Link: https://bitcointalk.org/index.php?action=profile;u=2569137

ANN: https://bitcointalk.org/index.php?topic=5133507.0
https://archive.is/J3Fzf


Website: https://kingcuan.com/
http://web.archive.org/web/20190510133245/https://kingcuan.com/


Whitepaper: https://drive.google.com/file/d/1ZZq6xTFEVf8jUpGX7TGC7K2WNg-4Lyke/view
Archive: http://web.archive.org/web/20190510133136/https://drive.google.com/file/d/1ZZq6xTFEVf8jUpGX7TGC7K2WNg-4Lyke/view


Plagiarized Whitepaper = We didn't check the whole paper, just the pages below.

https://i.imgur.com/bm7OsPl.jpg
https://i.imgur.com/KcDZi1Q.jpg
https://i.imgur.com/6O1tC5d.jpg
https://i.imgur.com/EfDcZpd.jpg
https://i.imgur.com/ReYq8eI.jpg

Code:
sources:
https://wisecryptos.com/icos/luxcess-group/
https://icosbull.com/eng/ico/luxcess-group/whitepaper
https://icosbull.com/eng/ico/defundproject/whitepaper
https://luxcess-group.com/about-us.html
https://www.docdroid.net/E57bZlC/ico-wdc-whitepaper-draft.pdf#page=9



Title: Re: Kingcuan - Plagiarized whitepaper
Post by: Kingcuan on May 19, 2019, 12:38:56 PM
Hello
I have sent Message for clarification of this

Thanks you


Title: Re: Kingcuan - Plagiarized whitepaper
Post by: ICOEthics on May 19, 2019, 01:23:51 PM
Hello
I have sent Message for clarification of this

Thanks you

And we dont answer Private Message.   

This is your board to explain whatever you want. With such blatant plagiarism, there is nothing really to explain. But you can always try!


Title: Re: Kingcuan - Plagiarized whitepaper
Post by: Kingcuan on May 27, 2019, 03:17:15 PM
My Whitepaper: https://drive.google.com/file/d/11HCKqLP8nHMh4it8Xt4y4AyjCQ5DfW2v/view


http://i68.tinypic.com/2jexxg4.jpg

http://i67.tinypic.com/2mr7cxz.jpg

http://i67.tinypic.com/2w57ds7.jpg

http://i66.tinypic.com/300z59t.jpg

http://i68.tinypic.com/r91r94.jpg

http://i65.tinypic.com/28bf8g4.jpg


Title: Re: Kingcuan - Plagiarized whitepaper
Post by: Slow death on May 27, 2019, 04:11:54 PM
[...]

I really have a hard time understanding your project, you want to create a decentralized exchange and a site where people will invest money to have guaranteed minimum returns of 5%.

you said:

We have implemented a unique system that nobody else has ever done before

Our bot will automatically buy at lows and sell at highs.

guaranteed returns is impossible mission, because it is very difficult to predict the market, unless you want to execute ponzi scheme

How much money do you intend to raise?





Title: Re: Kingcuan - Plagiarized whitepaper
Post by: TalkStar on May 27, 2019, 07:33:44 PM
guaranteed returns is impossible mission, because it is very difficult to predict the market, unless you want to execute ponzi scheme

How much money do you intend to raise?



All their planning is confusing and unrealstic in my view. I am also concern about the idea of giving 5% guaranteed return system. Its quite impossible to provide this kind return regularly if project owner don't spend it from his own pocket.

It seems to me that they are trying to run a ponzi scheme by showing exchange system to investors and IMO its not gonna give bright results for its investors.