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I got this email yesterday from Miracletele admin:
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CEO has really left the channel because of too much FUD in here, team think he doesn't show a strong behaviour.

Instead of going away he should have continuosly reassured the community about his projects and the future of MT and give clear explainations about slow payouts.

The employees'union decided to go on vacation until 09/15/2019 due to the lack of common sense and logic from Mr Burchik.

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Whats going on with this project? CEO run away and employees going on vacation?

Yes it's a scam and you should see this thread https://bitcointalk.org/index.php?topic=5174888.0
that scam accusation already created for miracle tele caused by that scammer was freezing so many user's accounts.

I thought if the vacation just alibi that has been made by the team to run away.

There is indeed news that blows if the tele miracle is a fraudulent project, but I think we are too fast in correcting the news, it's good we must be patient first and see how the future of the tele miracle project, if the tele miracle project is a fraud of course this is very unfortunate because ICO Project they were very successful and the price of tokens after being registered in the market experienced a high increase and many of their bounty participants actually got quite fantastic payments at that time.

It's a scam project from the start i can't believe people fall into buying this token. First of all they are selling their tokens on their website as well as on stex exchange. Price on stex exchange is 5x higher than the price on their website, well smart people can easily say it's a trap to lure people on buying their tokens on their website.

In my opinion, it’s too early to say that this is a fraudulent project. So far, inept team actions have been noted. If this were direct fraud, the team would not have paid passive income for so long. I personally received from Miracle Tele a pretty decent amount in the form of passive income, which I did not get this year from many successful projects either. We see that the team tried and is trying to cope with the situation, however, it really lacks skillful leadership. What will happen next - we'll see.

It would be nice if other fraudulent projects would bring as much income as the Miracle Tele project brought us. His team is constantly changing the conditions for the exchange of their token and the conditions for obtaining passive income. This is really annoying. However, it is too early to call this project fraudulent. And other team members are perplexed as to who could write and send the letter you indicated on behalf of the decision of the union of workers of this team. Burchik already appeared again and began to reassure the public, stating that everything was fine with the project. While it is worth watching the further development of events.

don't overestimate the miracle tele project.
I am one of the people who follow the bounty of Miracle Tele but until now I have not gotten anything except their tokens in my wallet.

Obviously an exit scam. Instead of fixing the problem, the CEO or the team run away? Then surely, it was the plan in the first place. They put up the project to probably fund raised money and then leave it after they collected the fund. What do you expect with their actions? A responsible team should not do that. Hence, they'll face you guys and will answer all your inquiries and will not left you hanged.

I am not thinking that Miracle Tele is Scam. The reasons:

1. Some peoples still confirm that they got their payments from stak
2. MT sim cards is active

My vision of situation and explantation, why admin left the group:

I think that team make a panic because want to motivate hunters withdraw their tokens from website (it's mean that they will not receive payments anymore). External deposit is closed - thats why that who bought tokens from fork delta can't get a huge profit from stak anymore. So, it's only making panic to clean the holders.

Alwayse got my rewards untill now never had any problem, many account where like cheaters people who joined the bounty with many account, i think we do have to wait more before scam accusation!

Now it is proved that MIRACLE TELE got scam because my fund is stuck in their website and the stacking program is also stopped.

TELE not a scam just that many people are spreading the FUD which might make many lose hope. We just hope things get better within the shortest possible time. All we need now is another miracle moment.

When usually cheaters in any project don't get what their want FUD started, they did buy tokens back from bounty hunters  scam project they never will do like this!

I possibly understand everyone that has invested into the project but will like say this, don't we think its too early to think they have scam us? Possibly they are facing some life or project challenge, let see what they will come up with before we can draw our conclusion, I have been a victim of of shopping which I thought was scam but now the project is moving and booming again.

Things like this are indeed what we should pay attention to. Their project is good and suddenly many say it's a scam just because they go on vacation.
I really do not believe that miracletele is really a scam in this short time, they are big projects and have their own blockchain. Surely this is only because there are so many fudder.

I have said many times that Miracle Tele seems like another ponzi scheme. How can they promise revenue by selling third-party simcards? I would like to see how many real simcards they have really distributed :D.

First time im not really into it and i dont really follow this project. But at social media so many people talking about how great this project. Time going fast,everything changed and 2 days ago i hear about this fud. So sad,but project with not good development or plan will failed soon.

i don't know exactly, but i think you are too quick to judge that MIRACLE TELE is a scam.

if it is a scam, they will leave their project after the ICO is finished. it's possible that the CEO and his employees are just pausing from the channel because they are too tired. i think they also need a vacation and maybe they are also preparing something good for the development of MIRACLE TELE.

We would see what happens next, but right now things are really strange. I took part in a bounty campaign from MT but invested my money as well, and never had issues with withdrawals or so. CEO is a strange guy, that speaks only with sarcasm and do not answer real questions. Hope they will make things clear in the future.

It is very interesting how people still believe that those are just technical issues. They are running out of money, because all the stackers were paid from income of the token sale and ETH address that is made for withdrawal is refilled by another ETH address that is used for their token sale at the moment (for 0,21 USD per TELE). Once they sold another 3 ETH of their tokens, people are getting payouts.

This project started really well since it's launch and the tokensale was also successful without any issue or FUD. Am surprise all this is  happening so soon.
The issue  with Tele Miracle is really complicated. A project with a working project that is functioning effectively in a number of countries turns out to be a scam all of a sudden.

How come you still can't see things for what they really are ? What other proof do you need before you will believe this is an exit scam, It has has been said that the SIM Cards stopped working for calls, but Internet is still working for now at least.

It is not him but you, you are too late to understand the facts. Let's talk about how he(CEO) answered their community questions, did you see how it is?
if you were not there, let me tell you this. When people asked him what should we do to fix the issue, he simply said pray. There is no way a legit CEO or a leader would say something like that to their community, that is his project how it has something to do with pray. He can fix the issue easily but he did not do that because he wanted you to buy his coins. Preparing an escape plan for the latter or an exit scam.

First the project CEO left the channel because he couldn't control the fud against its own project; to me this shows lack of competence, because I don't see reason why he should leave if he really cares.
Secondly, instead of the other team members or employees to control the fud while waiting for the CEO to return they decided to go on vocation. Who chases a rat when his house is burning?
From this two case or behaviours it clearly shows that the both the CEO and the team planned it as their lack of concerns proves it all.

i dont know how to say. i think miracle tele project is good and their stacking program is great ! but if the community have this issue and scam association talking that miracle tele is scam they should give announcement and solve the problem on the scam associaton thread. let's hope the team doing some thing and make it clear

I see this as a flimsy excuse to over their fraudulent activities. To be candid, how can a CEO of a project leave the channel just because of fud? This is unheard of and really shows something is not right. Many projects that grew to be valuable today passed through various fud and came out stronger. Another step that confirmed this looks 99% scam is the other members going on vocation while the investors or community members who are the backbone of every project are grumbling instead of looking for a way to calm and assure them.
We should try and look past some of the things these projects throws at us at the beginning and study what lies within.

I was perplexed and also thankful when I saw the news of the scam exit. Happy that I didn't later buy in after a friend tried his best to convince me that the platform has real life use cases in the Bangladesh telecom industry. This exist scam remains one of the most shocking for me as well because I never really expected this unfortunate closure of the project

CEO wouldn't left without taking some money lol, this project will exit they have just given you a hint.

Yes, no wonder this project ended scam because I was suspicious, on the site there is a product that is simcard, my facebook friend has the simcard. it's just that the team from Miracle Tele said the simcard still can't be used and from there I suspect something is wrong, how can they make a simcard if the provider isn't ready? and after that case many accounts have been banned and locked.

Lol, you are joking with us. Can you tell me what happened with those people are buying from the outside of the platform and if they can't stake the token and that will be a useless token and totally scam.
Look at so many complains about pending deposits and withdrawal in the telegram group.
Are you so blind to support that crap ponzi project?
I hope that you will realize it soon.

I knew this was going to happen because there's no company that can pay such huge percentage that miracle tele was paying no weekly. And the major mistake they did was that they unlocked their tokens to be traded on forkdelta which gave a way for people to buy cheap and pack for the company's little money glitch has gotten fr9m tokensale and operational profits.

Initially MIRACLE TELE was projected into a successful project, and it was proven.  Their Ico project was very successful, even the price increased so quickly when it was registered in the market.
 Almost all the bounty hunters get big results from selling meracle tele tokens, maybe you don't have time to sell TELE tokens when the price is still high or choose hold in the hope that the price will increase again.

I can't decide whether to scam or not,
even though there are many events, there is still no definite decision about Miracle Tele scam, because the website, earnings and sim card still work normally, even though many payments are delayed,
but if active in the Russian miracle group, the admin is still active there and indeed they recognize many issues that need to be fixed, and there will be many updates.
so we'll wait, what's the latest news that is being prepared.

I joined the bounty and all tokens have been sold more or than 2 eth, initially it looks good but when i try unlock token on the dashboard we have to KYC and several times it was rejected thats why i sold all the tele on the forkdelta

The CEO and the employees are at longer heads, the CEO is just too arrogant and takes a hasty and harsh decision and never listen to advise. He should even altogether stop the daily reward rather victimizing some account. They said they were on vacation, mind you, I don't think they will resume back because of too many shady activities. If they ever come back, that would have been an extraordinary miracle.

In my almost three years experience here in the world of cryptocurrency and the many projects starting with the ICOs of 2017, I could safely say that Miracle Tele is just another scam which fooled many investors to its side. The scammers within this project made an impressive run even beyond its crowdfunding stage but now things are already beyond their control so they did the final exit scam. I supported this project in its bounty campaign and I stacked my tokens but sadly things are now under the bridge. It is really sad that scams are still victimizing people using the cryptocurrency platform and further damaging the reputation of this industry. Let's hope that the justice system can run after these people responsible for this mess. Let's pray for a big MIRACLE that I can be wrong.

Do you think that the Miracle Tele project managers are deliberately provoking a panic so that Tele holders leave the stack and try to sell tokens at the current very disadvantageous rate? It would actually be a very cunning and treacherous move. I can confirm for now that passive income continues to be counted in the stack, however payments for withdrawal hang. Already there are those who hung two weeks two more.

Yes, this is really a miracle that is difficult to solve because of the numerous zigzags in managing this project. Of course, one thing is clear - the payments were very large and their young project could not withstand in any case for a long time. I hardly would have called it pre-planned, most likely, ill-conceived project management to the end. If so, then it can still be saved by drastically reducing current costs. First of all, it concerns large payouts on the stack. I think that Tele holders would agree to these necessary measures, if only the project would develop and bring at least a small but steady income. Now it is very important to show other projects a path of development with passive income, which could provide a constant good demand for their token.

The company may have stopped providing services. All employees have been absent from work until 09/15, we have to wait until that if they really on vaction, but in my opinion 40 percent profit for staking holder its impossible to survive

Are you for real? I almost purchased their coin from their exchange. I so much anticipated it. But why should they exit having making much money. This is quite pathetic

The first tim I saw the tele project, I thought if this was a project with a bright future that had the potential to be followed, even though I didn't join their bounty, but I joined their ICO and invested as much as $70 and when I saw the movement of the price of the token tele when This is in Fork delta which continues to experience price dumps, I also begin to think if this project is a successful scam.

The answer is obvious from their staking program. No company has enough profit to pay such high interest rates to participants, except for Ponzi models, and the scam will come sooner or later.
A few weeks ago they announced the Ambassador program, with so many requirements at work, I thought this was a serious project, until I learned about their interest in staking TELE.

Miracle Tele declared SCAM and they collect huge funds from investors, really shocking they're not approving any payment and I think they will not come back because they collect their required targeted money, so don't expect them they will come back and will run their project.

When CEO left own telegram group then something is wrong, isn´t it? If he can´t manage the community, then how he can be the CEO?
It looks like exit scam, also payments not working just like before. I am sorry to all who lost money.

I think this is a scam project. After they made a large amount of money, the whole team went on a vacation together and spent all that money.I am truly sorry to those who have been tricked by this project.

It's hard for you to accept, but I advise you to skip the lost money and continue with your daily work.

Goodluck to you guys!!

that's definitely a scam wherein making excuses but the truth they will run and hide.. and after months they will come up with new project to scam ppl again. Actually this is the common strategy of some scammer around the internet.  So becareful guys before putting money  everywhere. Must choose the finish project instead to assure you are very safe . 'cause you are just wasting time and money on it if you always hoping good return in some fresh projects.

It is unfortunate that the CEO fled and the employees went on vacation, because the MIRACLE TELE project was successful when selling and the price of their coins also rose sharply in the forkdelta, and what is happening now is declining coin prices very quickly because of the result of the CEO who had run away and the employee left for a vacation.

I don't think we should conclude that the project has turned out to be a scam project. Its true the CEO has left and people are spreading FUD on the telegram page. Let's wait for a while and see the turn out of events.

this keep pushing investors away from the cryptp radar. the rate of scam projects joining the crypto space is alarming. after projecting a good starting points and collecting investors money to buy your project, you disappeared though the back door. i also got the email. my sweat trying to promote the business trough the marketing campaign has been a waste.

Recently, it seems to me that the project Scam, as payments from steaks are very long, and the team itself with such problems just went on vacation

Yes, there are bad signs. A good project at first glance. If it's a scam, why did they even send this email? why do SIM cards work?

It is funny how the CEO just scammed not just investors but even his own team members. These people make cryptocurrency unacceptable for many willing investors. I am not surprised he scammed since they did an ICO instead of an IEO

All miracle tele investors and holders received another mail today stating that their system was breached by hackers and things are back to normal now but POS reward have been shrink from 3euro per 100TELE to 0.41euro per 100TELE

They have frozen all the withdrawals until 15/09 and now if you want to make a withdrawal from your "earning" that dropped form 3,10 to 0,41 per 100 Tele, you are forced to order and to activate a simcard to get your funds at all.

LOL to the vacation team I dont know what is in their mind to make vacation as alibi, theres a lot of alibi's to use, Im laughing so hard on this.

The project had appeared real going by the fact that they offer real product, but I do not think they are handling the investment part very well which may be due to lack of proper planning or over estimation, I am not really comfortable though with projects that offer such investment plans, the fear of what bitconnect did is always fresh in my mind. I was lucky to participate in the bounty and had to sell off some of the tokens at a reasonable price.

vacation team... hold withdraw... boss off the telegram chanel - looks like scam

I find it difficult to answer what is happening with the project right now. I participated in the bounty campaign of this project and they honestly paid me the tokens I earned, which I successfully sold on the decentralized exchange ForkDelta and earned almost 4 Ethereums. Therefore, I would not call this project a scam, otherwise why would they have to pay rewards for bounty hunters.

From onset I had a strong feeling that miracle tele is scam because the ROI looked more like ponzi. There is no real product as proposed (the telecommunication product is just virtual, nothing real). Also, I've been awaiting an AMA at least from the team on YouTube, to no avail. Infact, when I mentioned it in their group, my message was deleted. Let's know what we invest in, whitepaper might be deceiving. 

The team keep bringing in new notices about issues they have and each and every day, they change their terms and make sure it is only in their interest. I think it'll be better to avoid them but the problem is that there is no place to sell those tokens I have e already bought. Praying they get listed on a decent exchange to get out of this project

I participated in the bounty of this project. They offered a real working product. Their Sim-cards are still working. Even if this project is a scam I got more profit here  than for all projects of this year. I hope that the team will cope with the problems.

Until today's e-mail and until the balances in the accounts were reset, I still thought there was no SCAM. Unfortunately, I think we can look at exit scam. I think they will announce soon.

I do not consider that to be a leading light towards that perception of the topic.
Persons can decide to walk away from rooms of telegram for loads of reasons including the disturbances of room members towards the project and most times, they even get impersonated by those looking for ways to make cheap money from investors.

It looks like the project is getting worse and worse. Recently, all customers received a letter stating that the company had been attacked, as a result of which the mobile communication provided by the project stopped working, and all payments were canceled. Now in order to get paid, you need to order a SIM card, this is ridiculous.

This is just about what I thought was necessary to do so that the project could work normally in the future. Of course, there were no hacker attacks. The team sharply reduced its costs, otherwise the project would really not have withstood such financial burdens. The team now needs to focus on organizing normal work as a mobile operator. Only when there will be normal profit, and not profit from the tokens sold, only then can we talk about the distribution of passive income. This project can still be saved. Everything will depend on the next steps of the team. Recent measures can be called unpopular, but necessary. The team could not give out more than they earned.

What I see is that the man is frustrated. You know when frustration sets in something for you, you doubt the surest thing to you.
I am sure the CEO will come back when his teams and employees are back.

Ive seen how Miracle Tele platform works and Ive joined their bounty campaign too. I wasnt able to stack in the tokens Ive got from the bounty but at least Ive sold it due to mass demand of the token. Yesterday, Ive got an email about fraudster attack? Maybe the system wws hacked and even the talk about ceo is just a fake event. I will confirm first if this is true, ane will update you all here.

Honestly, I like how Miracle Tele operates and hate to see it become scam in thr future cause the platform usage is nice and profitable as well.

I think it’s too early to talk about fraud, because at the moment SIM cards, calls and Internet are working fine, we can still use communication services, paying for it with TELE tokens in our accounts. Yes, it is obvious that they had some kind of problems within the company that they are not talking about. But the SEO company did not disappear and periodically writes in groups, promises updates in the near future. I think you need to wait for the news before making hasty conclusions about the project.

The events that have occured in last 2 to 3 weeks plus too many sudden changes and the pending withdrawals and finally the cancellation of withdrawals do give a red flag but on the other hand their branded telecom sim cards and service is working and operational so it is kind of confusing but i think if they want to survive they will have to eventually finish the ponzi side of their business and just give their tokens a utility side like most of the projects are doing. Another opinion is that the CEO of miracle tele has used users funds and now the project is drained of funds to pay bi weekly dividends this can also be the reason of not paying, but who knows the reality.

Haha that's what is happening now, a scammer will be better at attracting investor interest than those who mean it. I am sure that this incident will make investors think twice about investing in ICOs and any projects. How come? Miracle Tele which was predicted by yesterday as a good project and promoted by many old members here, is now a scam. This proves that it will be increasingly difficult to see scam projects or not, because they are all mixed up.

They are more into HYIP or Pozi scheme in my opinion because they are giving us a huge return bi-weekly, just like Bitconnect before.


Some people said they can not make a call but the internet is fine. Yes, we can not make hasty conclusions but can not we make a preparation in case something goes wrong in the future? by opening this thread we share our thoughts and decide based on what we are seeing and hearing.
And what does that mean by SEO? Social Executive Officer?

these are very sad events and what makes the campaign very suspicious. no one understands what is happening and the team does not give any explanation. terribly

Things are really looking gloomy for several investors who trusted this project and put in their hard earned money just to support this project. Unfortunately, the excuses coming from the team leaves a lot of explanations to be attended to. Miracle Tele sold a perfectly executed scam theories and it simply is mind boggling how they were able to convince so many people into believing their scam. This just goes to further solidify the call for regulations to be introduced to the crypto industry as fast as possible. Regulations will checkmate a lot of these kinds of situations.

What sort of policy would make all employee to just go on vacation at the same time, and ceo absent from the company also, that is typically lack of moral conduct, it is never done, so for them to have exhibited such behavior, then there is something really going on with the project and I just hope that they have not successfully scam, but if it is so, then they will be risking their term in jail because government is really not taking it funny also with these cryptocurrency scam again.

Many people that has hacked an account in the past has been apprehended and held responsible for their actions in court and I think this is going to be another court case in the making if they are not careful. I hope that people have stopped putting money into the project already.

CEO has left the project and employees have gone on vacation. I think these such stupid excuses are only a way to scam exit. I have also got this email showing their excuses. The tele team has managed to get many supporters into this scam. I think this is a complete scam and want friends to stay alert.  

I also heard that Miracle Tele has done some fishy activities within its community. It says its CEO has left the projects due to FUD and its employees have gone on vacation, which are suspicious activities. But we cannot say anything about the project until it is proved a scam. But we must stay alert.

I sent an e-mail to miracle support and I still haven't received a reply about my problem, but what kind of company is this? I've always defended them because I've never had problems, but now I can't access my account anymore and they don't help me to solve the problem.

No matter how good a project might seem to be if honesty and trust is lost there is no hope for such project,even if the CEO decides to turn a new leave the project will never be trusted again.

Well i think the CEO and miracletele here is making an exit scam here unfortunately and it's quite clear that miracle tele is a ponzi that's disguising as an ICO because they are paying as dividends to all the users while their ICO is active. the next thing to do to miracletele after this announcement is their shutting down the website and will eventually run away anyways, whoever invested on the ICO now they have problem is guaranteed will their money is lost so, goodluck finding them.

From personal experience I can say that if problems start in the project, then a change in conditions begins, delayed payments and other strange moments. All this began to show up at Miracle Tele. they may not be scammers, but they already have problems. If in the near future there will be no changes for the better, then most likely this project will come to an end.

The project can already be considered as failed. The team changes the conditions for using its platform, pulls with the adoption of important decisions, does not carry out any important work on the product - these are all signs of a failed project.

This project, which was originally a very good concept and will succeed, is very attractive to investors with an active team, but when the sale is complete and only runs for a few months, all the team is on vacation and the CEO starts leaving the telegram network, in my opinion this is a project that has begun to end. scam and bring investors money that has not been paid through the staking program, this is what causes investors to begin to no longer trust ico

i participated in this campaign as well, i put my tokens to stack ,i got my 1 month pay out and then things got crazy on the tg channel
i received an email apparantly they said they are back well see if ever sept 6 is my next pay out ,i will update here.

wow, i haven't followed this project for a long time and i didn't know that Miracle Tele had a big problem like this.

apparently i was still fortunate enough to have sold all my tele tokens on time. this is unfortunate because miracle tele is a pretty good project in my opinion. i feel sad  :'( to see the state of people who have suffered losses, i hope Miracle Tele has a good solution to overcome this problem.

Lol, give it what time again? You know what this space is one place you should be very vigilant of especially if you're being mouth-sugared. I remember I told my friends once that the way I see complaints everyday about their operations, I don't trust them. And yeah, it came to pass.

Stop that buddy! Don't blame any bounty hunter. They forcefully made hunters pay 10€ "for reasons best known to them" and they lied* about the fact that income was from SIM card operations. Now they're forcing them to pay 50€ again hehee....God help us lol!!

Actually I'm one of the bounty participants of this Miracle Tele got my Tokens and put it in their site for staking. I paid 10 euro to activate my account so that I can stake my bounty rewards.So far I made 149.86 euro for staking my 835 TELE (started staking on January 2019) but now with all the commotion the rewards are so low it became 2 euro for in two weeks of staking  :D. I hope Miracle Tele will not go into a scam

It is interesting that some people still believe in this company and buying TELE tokens.
It is an obvious scam, if not, why CEO and all team members left chat groups on Telegram? Why they didn´t communicate with investors in any other way?

Miracle tele teams and CEO have nothing to offer investors anymore,they have been around since 2017 and that was why i trusted them but i am glad i did not invest alot before everything went side ways and now they are not replying to messages or mails

With that little amount of Tele you have you could get that much of earnings, with that alone I can confirm they are going to scam very soon. For those who believe it is not going to scam, you really need to consider it. With 835 TELE you could get 150 EURO, just imagine them who has 80.000 TELE or even more?
do you think the project can sustain? even after this downgrade, it still questionable for me to understand how they are able to make that much money.

OP, you are promoting Bitwings. Something tells me that Bitwings is very similiar company to MiracleTele.
They also have working product, perfect marketing, good profits, but it looks too good to be true.

have you do research ? this is a little bit OOT with this thread. but i hope bitwings not like MiracleTele

It is wrong to blame others just without any proof and until facts concerning the matter come out. In case of Miracle Tele, as far as I know, the project is not a scam. I am closely observing the project from the very beginning. After its fishy message that CEO of the project quit, the project has apologized saying the message was sent by a scammer. It has already started its operation. 

I am hoping you can be correct that MiracleTele is not actually doing the exit scam and that it can be back to normal operations as soon as possible. Many people have been dismayed with the latest developments on this project and most supporters have already concluded that everything is now under the waters. I would be happy if there can be a clear message from the CEO on this matter clarifying things they way it should be.

Have you do an observation to this thread https://bitcointalk.org/index.php?topic=5174888.0? Seems like this thread will help you to know what the miracle tele is. Yeah Indeed, if we look to the OP it seems like the OP will spread FUD to the investor or even to the user of miracle tele but I just found the thread on the scam accusation and made me believe that the project is really scam.

Leaving out from the channel is not the appropriate way to handle the FUD in the channel.
The CEO should clear the FUD by giving the actual information for their investors.
If you strongly believe miracletele is scam project, you can make thread in scam accusation. ( https://bitcointalk.org/index.php?board=83.0 )

This campaign has paid holders of decent amounts of decent token holders as passive income for too long. They are officially registered and they have their own operating business as a mobile operator. All problems with the project are more like inept management. However, let's see what will happen to the project next. In any case, he is very interesting for his passive income. Perhaps even too large during the development phase of the project.

You cant compare bitwings with miracle tele, although working products doesn't justified the outcome of any project cos anything can happen but bitwings mobile have been in existence for longer than miracletele, bitwings have huge teams behind them and miraclete has too little to none, bitwings hunt for the massive with their mobile product and laptops unlike miracle tele

I just heard this that Miracle Tele turned out to be a scam. a few days back I still see that this token can be traded on the exchange (CoinExchange.io) but why the closed exchange cannot be used to trade miracle tele tokens. recently I saw the exchange (STEX) has been opened for the miracle tele token. did I see this wrong?

Miracle Tele started well by paying out the biweekly rewards to its investors stacking on their website but it turned out that TELE run out of funds after distributing huge amounts biweekly. TELE is still alive and team is always sending mails to clear all forms of doubts to community members. Now, TELE needs restructuring of activities and plans to come back in the game.

Who knows, maybe they can do it. After all, with a decrease in payments, they really won a little time for themselves.
Personally, I am primarily dissatisfied with the support of the project, they absolutely do not care about their investors and the community that supports the project.

Already a month send email to their support and still not any answer, well what i can say for me is 100% scam company , i am wondering how could be so easy in crypto to scam people!

No idea if its a scam or not as I am not up to date with the whole situation. I just heard that Miracle Tele bounty campaign was one of the very few highly profitable 18/19 bounties. Does anyone know how much doe could initial bounty dumpers (those who didn't stake their rewards) get if they would liquidate their rewards rapidly after the token listing?

If Miracletele is a fraudulent project then this is a very complex scheme.  Support is still responding, it seems that not everyone went on vacation.  Perhaps the company is experiencing some problems and misunderstanding within the team.  I would not call Miracletele fraudsters now, time will pass and everything will be known.  At the moment I’m waiting for (SIM card) they promise to deliver it soon, if everything works, then what kind of SCAM is it.  But still, you need to be careful this does not hurt.

To whom does miracle respond only to you? I tried with 4 emails to their support, I contacted facebook, I contacted twitter, I used telegram to contact support and 4 weeks have passed and I can't receive support, my account is blocked for no reason, I bought about 20K coins for 4000 dollars + the bounty of the signature , can you tell me what shell i do more to get support? Ps... also i got sim card for 10 dollars but for no reason is not working and as i told you i can't get any support...in your country this is how company are working?

at the beginning of this project began distribution I still felt very confident that they would develop quite well when they opened the buyback and stacking platforms and I also had to withdraw several times but strangely when in the end it couldn't pull anymore and it turned out booming.
Now this project is a scam and can not be justified anymore because all the teams have escaped from this project so it is not possible to have this clear project development, well we must be more careful who is on their team, if later they make a project back so we can be more careful in taking steps.

It's good that I don't invest there, but don't be to fast with acquisition I remember a similar situation with savedroid, but the project still exists and working, only time will show what really goin on

Of course, they paid a high interest monthly, which can consider as a ponzi scheme, sooner or later it will die. So I'm not surprised to hear that TELE scammed. People are greedy will pay the price for such projects like this.

I haven't seen this last letter from MiracleTele, but it's more looks like it's a scam, and only hope for the best will help the project to survive.

certainly that project was a scam, not any legit project acted like that. Please report them and let people not buy the project's tokens

I have been following this project since 3-4 months ago. All are happening smoothly of this project. I have earned a little amount of tele from the bounty campaign too. And I see that the project launched a p2p trading on their own website. The sound was really pretty. I was invested here little amount. Suddenly I started to see some excuse again and again by the team. And now the trading is stopped only people can buy tele token from their website but can not sell them. Suddenly I saw that the monthly staking rewards reduce from 3 euro to 0.48 euro And on the website you can buy the token rate 0.21 euro but on the external exchange, the price is dumped hardly to 0.01 - 0.02 $. But I am not sure about that is a scam or not but the project is trying to solve the issue maybe.

I received a decent amount of token for their bounty rewards, but I still hope for the best for the company that, they will find a solution that they are facing right now.

The point is that if a serious team or developer will never run away from their project, they should be able to provide a clear explanation of the project's development. if otherwise it's clearly fraud.

Yes, they paid bounty hunters a pretty good amount, and they don't pay investors' tokens and income. They confiscated the tokens included in the system one way or another! This is very contrary to the functioning of the market and the decentralized world.

Anyone ordered sim card from Miracle? Got the sim or still waiting? I’ve seen a post, where a person posted that he ordered, but got only a brochure.

I really did not think if the project as good as this miracle tele had become a scam-ended project because to my knowledge when the project was running everything looked fine, especially investors and bounty participants got tokens in accordance with what was promised by the team at that time, when the sale went on at that time I bought a $50 token tele and got a decent profit when the price of the tele rose at the beginning of the listing, but I didn't expect that after a lot of rumors about the tele project had caused the price of the token down quite dramatically.

I am presently holding 5000+ of miracle tele token which cost me over a thousand dollar, well done miracle tele team, you guys nailed me very tight, i regret investing in the project but its part of experience, bounty hunters are the lucky ones,those who dump are very lucky cos some make over a thousand dollars from multiple campaigns

The confidence I had with MiracleTele was that they have a working product and doing great with their telecommunication services. I have seen a number of individuals who ordered for their sims and confirmed that they are working effectively. The project made some decisions and it backfired. I also hope that they find a solution to the issue on ground and investors and holders can smile again.

The last time I checked, it looked like Bitwings are making plans to launch a blockchain phone like FunctionX. I didn't see much partners to further convince me on it but now that you have brought it up, I might just have to revist the Bitwings website and dig further

Yes, you should revisit the Bitwings website and their telegram channel. Bitwings is better than FunctionX. But FunctionX has a strong base which is PundiX, but Bitwings is totally new in crypto. Bitwings smartphone is packaging up for releases, they have a big even in Peru and I saw many developments from the Bitwings team!
Therefore, we can't say Miracletele is a scam already, this one was one of the potential projects of this year, I used Tele tokens to buy Talktime in March! So, Let's wait to see the final verdict of MiracleTele.

My friend get that sim card and working good, call is expensive and internet fast on 3G or 4G network its not so good beause the price of the sim card 10 euro.

Miracle tele project ends up changing rules about their prove of staking protocol, you have to buy their sim card if you want to earn POS reward continuously but what went bad is lack of communications from the teams, the CEO is nowhere to be found too

I'm glad i invested a little amount of money, even if they get back on their stand again the teams can't be trusted, they cut off all communications with investors on telegram channel and only focus on the Russia telegram channel, teams that can treat investors this way will always dissappoint

I made an order and got sim card about a month ago. I remember a brochure in it. But I got also my sim card. You package was unharmed when you get? It might be open from someone in shipping process?

Not only that dude but the team was also changing almost all of rules. You can't use the token that you buy that through exchange site to staking in the tele platform.
The developer has been changing it based on their personal decision.
This is just like a scam project.
So many people have been made a lot of complaints about their problems and they are not getting any feedback from the team.

I believe they kicked their ICO and a new guy is trying to do things right. But the last e-mail, where they asking for investors to contribute between 10k and 100k Euro, makes me feel that they have absolutely no money left in the bank.

MIRACLE is a Ponzi, when they have all the money they want, they take everything and run away. I think you should learn about Alts with good foundations and invest in them. I have an advice for you to learn about #Tokoin. #Tokoin is a project from Indonesia, with the mission to promote the #Msmes economy.

I'm pretty sure about that now. They change the rules every day. They don't pay anyone anymore. I just got a mail. I think they're looking for new partnerships. I'm not sure who wants to establish any partnership on these terms.

  They have just sent an email to invite people to buy tokens with interest rates up to 15%. It is unbelievable that they announced the token sale was over, Is this their last scam attempt?

Its really a shame that a well developed project like miracle tele can end up been a bad project like it is now, thought good projects are always about working products,well its all lies cos there are other things to consider as well when choosing projects

Of course, one cannot say that this is a completely fraudulent project. They work as a mobile operator and provide the necessary services. Their one of the main mistakes was that they declared too much passive income at 40 percent of the profit, which they began to pay not from profit, but from sold tokens. After that, the team made a number of managerial mistakes, including the frequent change of payment conditions. However, their decision not to pay passive income on tokens received as a result of participating in the ICO bounty campaigns can only be called cheating and fraud. It is also an actual deception not to give the opportunity to withdraw the already accrued amount of passive income and tie it to the need to buy their SIM card. Now another team is allegedly trying to rectify the situation. Well, let's see what happens.

The former CEO since to have left. And a new CEO taken over, but this has not helped the dying project that screwed investors. I got badly screwed despite the red alert from their miss-firing. I hope they are able to succeed against all odds.

Yes, they are still swaying afloat. Their mistakes did not kill them, but in order to rise again, they needed a MIRACLE ;D Maybe they were named so not by chance? :-\

As far as I know, in one of the letters from the project it was said that a fairly large number of employees left the company.Today, from a friend, I heard another rumor that the project was hacked and large amounts were withdrawn.

So far, we have seen completely inadequate actions of the project management and a complete reluctance to correct the situation, so that every day hopes are less...

No one thought that the Miracle Tele team would announce so quickly after the ICO that the tokens received as a result of participating in the ICO bounty campaigns were actually inferior and they could not receive passive income on the stack. Everyone hoped that this project would be one of the most successful this year and at least until the end of this year we will be able to get the promised profit. However, in the end, those who sold Tele tokens for more than 20 cents were lucky. Now there is no certainty in this project.

The team’s policy was erroneous. I think that they launched P2P trading in vain. Because a lot of money was withdrawn from the project.Due to disagreements, most of the team left the project. The new leadership is unlikely to cope with the situation. Trust in the project is undermined,conditions changed and withdrawal blocked.

All the red flags were showing but the team still found ways and means to make the community believe that their project has a bright future. Rules were being changed now and then until the community couldn't take it anymore and started taking action. The project is still alive though, just that the community support is almost lost.

Apparently it seems like a scam,  so many red flag, team lock down the telegram group,  withdrawal request not being processed, and team not responding to its community complaints. This are all sign of a major scam project

Either scam or gross incompetence, or both...

Now the scammy part of the administration is allegedly removed from the team, and there is a new CEO.

However Miracle TELE won't be able to mend its destroyed reputation unless all tokens are treated equally as naturally intended for any
crypto currency on a blockchain, and their services are fully functional again including stacking and SIM card usage...

Most times before participating in any project sale and certain news starts coming up, it's wise making more research to know if it's true or not. I could remember when a friend was warned about this project, but he didn't listen and now see the end result. To be frank, how can a project be in the verge of collapse and the only solution the CEO could offer was to exit the group, doesn't make sense to me, then the others decides to go on vacation; all these doesn't add up and points to scam.

Their project happens something really strange. I don't think anything good will come of it. It's good that I managed to sell my tokens received from the bounty. Now go into the project is quite dangerous and risky.

From what I seen, even checking the market of Miracle tele it is really go down and too low in buy orders now unlike before that the project has a great demand. It is clearly shown how the team left and planning to do an exit scam here. It is so unrealistic and unprofessional reason to state that the CEO leave due to misconduct and even team followed, how about investors who are into project? We must be wary of this kind of projects in crypto.

yeah, it will indeed be very difficult to fix the good name of Miracle Tele. i think, the team will need time and something really good to make investors happy again and trust them again.

i hope Miracle Tele will soon find a good solution so that people's anger stops.

I know that this project is a fraud.
because I was a little suspicious when the team decided to buy tokens on their website and planned a good strategy for project development. when I ask the group admin and I still remember if the admin said that @Tim MiracleTele will continue the project in Q3 in December this year. that's just bullshit! I was kicked out of the telegram group and they were gone in waves.

I have also begun to suspect that, even though they had planned to run away so we were all fooled by Micrale Tele.

That is the first step of a scam project. Athero is also a similar example. After successfully raising capital, they listed on small exchanges and then went on vacation.
and from then on, they did not return. You should also abandon that project, which is no longer valid.

Of all the projects of 2019 i used to praise miracle tele project because of how transparency the teams are, they are very opened from the start but i am ready mad with what happened now, we knew this people,they have shown up in public events too,why can't they get arrested? the day this start happening people will start trusting crypto more

the fact is true that the MiracleTele project is a fraud. The CEO has left the project, now their Telegram has become a place of anger for investors and prize hunters who got their tokens last time. so I think there is no big hope in this project

Actually, it didn't start like that. Everything was going very well. Or so we thought. But the team is f.cked very big. It wasn't easy to spend a project that made such a big impact.

it seems very difficult if they try to start like that,
last update they need funds to develop the company, like finding new investors, then where is the ICO money?
Tele is a fraud project,
unfortunately I followed their ICO from the start and invested there more than 10k USD, now I'm bankrupt.
lol, this really hurts actually, because no one would have expected this including me.

They could not sustain such profits in the long term with their business concept. They got profit only from selling sim cards, but they weren´t actually a real mobile operator, they were just another resellers..  ::)

I heard that now they have entered into some kind of new partnership with some kind of mobile operator. maybe this will help to the project somehow rehabilitate themself

Yes, the option left for the new CEO is to work hard to reacquire investor confidence in the Miracletele project. But that is impossible. Have you already sold the Tele token? Misfortune if you haven't because the Tele token price has dropped quite significantly in the Forkdelta after the news about the CEO and the employees left the company came. There is no faith that this project will advance, mate.

Scam or no scam - it's too early to say. But this project certainly has some problems now. That's the only ico in which I participated. If Miracle Tele is a full blown scam company - I think they will never accept payments / withdrawals via bank transfer. but what has happened to date? The CEO actually left the channel because there were too many FUDs here, the team thought he didn't show strong behavior.

The unprofessional actions of the ICO team led to the current poor result. It is unlikely that the whole project can be called fraudulent, just the team made too many mistakes and too often the team changed their decisions, sometimes in many cases not for the better, rushing around and trying to improve the situation. At the same time, it should also be noted that unfortunate and deceitful methods were used. It seems that the team did not have a clearly thought out business plan, decisions were made in accordance with the situation that arose and were not always correct. Well, let's see how the new team will cope with this difficult situation.

Not a single project with such large payments as Miracle Tele did can last long.
Miracle was competent at the expense of investments, this allowed to pay huge fees. Of course, the influx of investments cannot be infinite, which led to the collapse of this kind.

Well i lost this investment too, miracle turn to be a scam project and this is very bad for all people and all those people who invest money on this project!

Miracle tele is a plain scam on prima facie. It's quite surprising how long they last. I was aware of the site and the last moment token sell was surely the exit strategy for it.
My friend who was one of the early depositor on the site made a good profit from it. They were selling tele tokens at any moment in the past.
No, it's not early for miracle tele. The site and token sale has been here for quite a time before they launched their ICO.

The team will never face the best solution to fix the problem due. as you can see that about the team was doing so many shady actions. Investors already disappointed about what has already done by the team.
The team is always creating a non sense change to the platform itself. It has started from when team was not allowing people that bought tele from outside to use the platform.

The team completely failed this project, which showed their complete incompetence in doing business. I don’t think it was a fraud, it’s just a miscalculation in the business model of the project that led to the crisis.

I don't think this is a scam. Miracle Tele is a registered company and many people were using their services last time when I checked! It is normal that the CEO left the telegram group, many CEO did before. The question is, CEO is totally disappeared or he is responding through the mail? Though it is not scam yet but their behaviors look not good. I am glad that I sold my bounty tokens already

Well, if is not a scam then the best thing to do is a legal class action, i am sure something it will change for all investors! But off course need to organize to make it!

I just visit the telegram group last day to check if there are new updates from them . But its looks like its locked now, i cant even send a message to the group and the last messagr i saw is complaining about widrawal they dont do  . Right now i dont see any hope to that project to survive.

You have said if that was having some problems and it never got solved by the team and how you can say it's too early to call this as a scam? i have a little money on tele platform and i can't even touch it and what the fuck are you saying about that? Are you a supporter of this scam coin?
Investors will never try  to spread FUD if the team was doing well.
That means the creator of this scam project was not having a good mentality.

Off course it is scam project...i got many coin on their website ,I bought coins on their site after the first stake rewards , they blocked my account for no reason, I tried to contact them with the support mail 5 times without reply, what to do more ? telegram is not working , facebook same as telegram, twitter same as telegram and facebook, I would have no reason to write these things if they were not true!  The thing that angers me most are these bitcointalk accounts maybe bought by someone who promote scam projects, not just miracles but many other scam projects

Yes, it is scam, I thought that miracletele be stable in price but the thing is they don't have enough knowledge on how to handle situations and consequences that's why they failed and turned to scam.

I agree with you, it would have been better if the team erased the POS since many people are joining and staking their tokens on the platform, they should be able to know that they won't be able to keep up, its really not a bad thing if they stop the pos and focus on the development of the project instead

That was just unavoidable, don't you think? their explanation is brilliant, really. i just hope you didn't lose much money, if any. be careful!

Yes, I think micle tele is a scam. When I first knew about it I thought it was a OK project not a good one. But never thought it would be a scam. But time spoke. The CEO and some of the team member is scammer. P.S. -still I got some mail form tele

Quite a lot of people don't expect that MiracleTele will end up with fraud.  I have been a bounty participant since I was introduced V.2.  But finally it's unfortunate, my guess was wrong about them and ended in fraud.
Many people lose money, and this is totally undesirable from the start of investing.

I don't want to  call this project  a scam project  But the C.E.O did  allot of mistakes by allowing bounty hunters and airdrop to stake their free token to earn monthly dividend.  I will say  the project  failed because  of  incompetence  of the team and lack of experience.

yes, I'm also one of the participants involved, it's just that I bought their token on the website and not a prize campaign participant. I thought the MiracleTele project had big hopes, but it turned out they were con artists. , the team and CEO went on vacation and many participants or investors were stuck in the project. I regret buying MiracleTele tokens on their website at that time.

MIRACLE TELE has deceived many investors ICO fraud events occur during the project they just took the money of investors and go have fun in the future they will come back and make a new ico and try to trap a lot of people. in the future, they will continue to deceive.

The team thoughts that allowing bounty hunters and airdroppers to stake their tokens to earn monthly income will make many more people keep investing on the project but they were dead wrong, money stop flowing in and many stakers wants payment, its indeed lack of experience

Last two month I bought miracle tele and stake it on website for getting earning every month, but today we got problem with Miracle Tele price down and I don't know how to do with price drop, maybe keep and continue stake my miracle tele coin hope could up again for miracle tele price back to higher and get much profit.

You should check first if you are able to widraw your earning.
Every one is having a problem with widrawal earning more has been pending and other failed to widraw all euros earnings. Demo token cannot be stacked any more no update from developer where this things can be back.

Hopefully they might recover in time but the blame is all on the teams themselves, they claim to be professionals in every aspect of crypto but they end up failing investors, it was a big shock for everyone because we all believe that MT is the best project of 2019

yes it may be true that MiracleTele is the best project in 2019 but the story ends tragically, just imagine when they managed to attract investors and also many participants who joined in it. without thinking twice that the team had made a fatal mistake, I started to get suspicious when the team started marketing tokens on its website. fortunately, I was responsive to immediately sell tokens when I saw a red flag  ;D

Actually what happen with MIRACLE TELE telegram group. I can't accessible in this group. Only admin @RomanGold replying sometimes and few days also website was not respond now again come back. Many people’s earning stakes withdrawal pending and than cancelled. I think everyone facing this similar trouble. There are no announcement and updates in their twitter account from August.               

That project has a good marketing plan thats why they become so popular and get many investors. If you visit  bitcoin social media group, you will see that there are many people advertising it there.

Unlike what happen to you many people do not  this things will happen so they cannot do anything other than wait for it to back to normal.

A vacation is always a good way to keep investors calm while the development team embraces the money to escape. 90% of fraud projects have such a vacation, typically the Atheno scam.

It will end up frauding people in the end. They should quit while they are ahead,

This is the clear definition of a project run by an incompetent team who are only after their pockets. Seriously let's analyse this, how can a CEO leave the channel or group because of fud, isn't it his duty to ensure the community members are assured that it is fud and all will be well?
Secondly, Instead of the other members to manage the group they decided to go for vacation while the investors are left to fend for themselves; just imagine the lack of expertise exhibited by the other team. From these behaviours, it is clear they covering up thus looking for a way to exit scam.

The CEO always leaves whenever their project is a scam. Nothing to see here.

I think miracletele at the beginning staking payment is too high, and when many people buy and staking then there is an inability to pay then collapse, or its just another scammed scenario

I always receive e-mails from MiracleTelecom, meaning the team is still working on this project. Finally I received an email Thu, Oct 3, 8:46 PM. So we are difficult to ascertain which information is correct. Even the admin had frozen my account because it was considered inactive. If the team doesn't work, this might not happen.

This is really a well planned scam they tricked people to buy their shitcoin on their website then sell it on STEX exchange for a higher price. Who would believe they don't allow deposits on exchange but they allow buying on their website? I also don't know why people don't learn.

Even with more bounties or any other promotion the coin will still be a scam project.

When its launched I do some research about the project. For me , I didn't like the project form the first. But yes they planned the whole thing very well. Cause to a lots of people it didn't look like scam.

People need to ssee that most coins are trying to make cash. They need to make their cash by scamming people.

Its same issues on my side, the CEO willingly stop replying in the main group and move on to russia group channel where he is always online and stay active in the group as well, i guess those Russians aren't complaining, he got tired of the complains in the main english group

I guess they CEO and his team members should be given some times to iron a way to defend their actions and inactions. Although, it is wrong for the CEO to leave the group when series of questions are still unanswered.

For now the team is working again, but all profit for staking was different with the new system the tendency to make profits is very small, and withdrawals are even more difficult. Not as sweet as they promised in the sale of tokens.

Miscalculations in the organization of the ICO and in the payment of passive income, including such overpayments that clearly did not correspond to the company's income, were visible from the very beginning. Many then began to doubt the possibility of such high costs. This led to the fact that immediately after the end of the ICO, the team was unable to fulfill all of its promise of payments. Now the team has changed and the new staff is trying to optimize both the work process and the process of paying out passive income, which is only available to investors, not to participants in ICO campaigns, which is clearly unfair. However, they promise to pay next year.

The CEO himself is the most worst one among the team, he stop reaching out to people on the MT english channel and he is busy with the russians in the MT russia channel on telegram, even if miracle tele project luckily recovers i can't trust such project ever again due to the behavior of the CEO himself

This is one of the reasons why vitalik buterin is currently thinking and conceptualizing smart contracts that are safe for investors and can be withdrawn if things go wrong in the future.

Miracle tele is the great team and have success an ICO project, but they make an airdrop for many people could get free coin and they stake it, how ever every month Miracle tele team have distributed coin for every airdrop participants have stake their coin, its why make miracle tele coin have lower price right now.

I get this token from airdrops and finally I choose to leave their telegram channel when the entire contents of the chat are scam scam and scam.

Developer left the project and staff decided to vacation just a drama the conclusion is their already get much money from investor who deposit funds on their platform.

The CEO of Miracle Tele has indeed left this project, not only the CEO,
but all the Members have left, this project is already a scam, so don't expect any more

Are you saying this project is still alive? how come you are siding project that the CEO and team already abandoned? the first thing about good project is the communication between the investors and the team of the project, if this is lost then it will be worst

When tele come to the market first I do some research and at that time in my opinion its not a good project for me to invest. And by time its started to look scammy for me. If still its a legit project I think its failed.

Legit? Unfortunately, this word is still difficult to use. First, they confiscated the tokens of people (regardless of bounty, airdrop, etc.). Then they reduced their staking income. And they don't make payments like that's not enough! The CEO is irrational, there is no team left, and the community has left TELE. For whatever reason, such ridiculous behavior is unacceptable. They've completely corrupted a system that's working very well. After this point, I'm not sure if there is any expectation from Miracle Tele. I'm sorry for the investors. Everything went worse than expected.

I do not know, but I followed their bounty program and all went well, it is unfortunate if this project is really a scam because according to information when the project exits everything runs smoothly, the stacking process is no problem.
but after you say this, and some people have created a thread in the accusation scam, maybe this did happen.

Some member here that followed the bounty and get pay, and sold the token after 1 month distribution is lucky persons..i think its fair and legit bounty but not legit project

Miracle tele teams are a victims of mismanagement, they allow airdrop hunters and bounty hunters to stake their tokens and they keep paying out rewards and unfortunately it backfired, i hope sooner or later they stand back on their feet and learn from their mistakes

Miracle tele is 100% a scam, they are now de-activating dormant accounts, I got the sim card but then they made my airdropped and earned coins from staking 100 from airdrop and 200 from staking all worthless, so now one has to deposit their own money and because I use the mobile so little, they see the inactivity, then they de-activate it, even though you have your own money in it, they are currently stealing money from people not paying attention. You need to write them to get re-activated, then get out! Was reasonable rates too, I was looking forward to mobile savings from staking but that is now a fantasy. Everyone needs to get out or stay away from these scammers.

A CEO leaving the channel because of too much fud shows he is incompetent and lacks the neccessary knowledge to pilot a platform. It also shows the CEO is only after his pocket and nothing more. To make it even more worst, the other team decides to go on vocation when the community members are busy asking for clarifications; it also shows the other team are selfish as well.
From all these, it points to scam and the community members should be careful and prepare for the worst. It's so disappointing.