Bitcoin Forum

Economy => Scam Accusations => Topic started by: witcher_sense on November 06, 2019, 08:06:54 PM



Title: LightCoinEX - Plagiarized content - Trustworthy?
Post by: witcher_sense on November 06, 2019, 08:06:54 PM
What happened: stolen content

ANN: https://bitcointalk.org/index.php?topic=5199238.0
https://web.archive.org/web/20191106193141/https://bitcointalk.org/index.php?topic=5199238.0


Announced by: CryptoCraze11 (https://bitcointalk.org/index.php?action=profile;u=2218041)
https://web.archive.org/web/20191106193230/https://bitcointalk.org/index.php?action=profile;u=2218041


Website: https://lightcoinex.com/
https://web.archive.org/web/20191106193328/https://lightcoinex.com/


https://i.gyazo.com/7e07a6ec3e7c26d267ea10a3856a30cb.png

  • LightCoinEX copy pasted an article from https://cointelegraph.com/explained/what-is-an-sto-explained
https://i.gyazo.com/77956cece83a3f4e6e80cc8b3b360bd7.png
  • No links to resources used
  • No information about people behind the project


https://i.gyazo.com/7fea0d126a21004dea6f8ab3cb685d6d.png https://i.gyazo.com/71f9dc04a0c614850517891ecd6854cf.png
https://i.gyazo.com/4a115e809719c87f9486a5eeacbe7ffd.png https://i.gyazo.com/376754a89b831db3ec4262ad1fa5ea45.png
https://i.gyazo.com/26edf1219a1eccc110e7c1543a1e25c1.png https://i.gyazo.com/df1f6948136c9a7aacf71234596f9caa.png
https://i.gyazo.com/a6cddd40a0abf2976913b1d6b68a83ab.png https://i.gyazo.com/1e744e3fa38a98f6969629b5e1fba815.png



Title: Re: LightCoinEX - Plagiarized content - Trustworthy?
Post by: stompix on November 06, 2019, 08:57:38 PM
Quote
Trustworthy?

Oh yeah, definitely!

Their live trading market is done via a WordPress plugin   ;D
https://codecanyon.net/item/fat-coincap-cryptocurrency-wordpress-plugin/21273210

Their exchange:
https://lightcoin.exchange/

Is a 20$ template:
https://themeforest.net/item/cryptorio-cryptocurrency-trading-dashboard-html-template/23262524
that grabs data from tradingview.


Title: Re: LightCoinEX - Plagiarized content - Trustworthy?
Post by: magneto on November 07, 2019, 07:01:22 AM
Even though copying some definitions of STOs may not seem like untrustworthy behaviour per se on the surface, it really shows the amount of effort they have bothered to put into doing this whole project.

Clearly, this is a signal of laziness at the very least and a scam at worst.

Don't invest in them, period.


Title: Re: LightCoinEX - Plagiarized content - Trustworthy?
Post by: witcher_sense on November 07, 2019, 04:17:08 PM
The project is updating We Will be back soon after necessary modifications.
Sorry for inconvenience.


Oops... the project has gone for updating, I bet they are now busy removing plagiarized content in order to make their project more attractive.

But no worries we still have a lovely archived thread (https://web.archive.org/web/20191106193141/https://bitcointalk.org/index.php?topic=5199238.0).

Let's take a quick look at it.


https://i.gyazo.com/47f13f7f12f039845a024705f705580a.png

This is the website of this company - https://lightcoingroup.com/ (Archived) (https://web.archive.org/web/20191107153546/https://lightcoingroup.com/)

The funny thing here is that the company's website was created after exchange creation. Sounds suspicious a bit.
According to https://whois.net/
https://i.gyazo.com/653b22b850b22180b98307eb9309c8c3.png https://i.gyazo.com/7e07a6ec3e7c26d267ea10a3856a30cb.png

First, let's look at the Telegram address mentioned on the bottom of the page on their website:

https://i.gyazo.com/687115ed36e9054589c54116578796da.png

Telegram: https://t.me/lightcoingroup
https://i.gyazo.com/a123bf13fafbc4822c2c50ca2276f671.png

As you can see, there are a lot of forwarding messages from Cointelegraph, it seems lightcoingroup is very interested in the articles from there,
so it's no big surprise that they decided to take one for themselves to plagiarise on their stock exchange.

According to their web site:
https://i.gyazo.com/9ffc2d1855e3762dbbb7abdc7dc1deec.png

I spent some time googling "the Light Touch Research Institute" and still haven't understood what it is.
Is this an institute that teaches massage techniques? Google doesn't answer me. Guys, can you explain this to me?

Team.

https://i.gyazo.com/6f5e89f1e764c170d86eec168c67b86a.png

https://i.gyazo.com/ea406dd1d6d8123d922f101c30576a93.png

Is that you guys? It's nice to see you at work! Oops, it's a picture from the Internet.

https://i.gyazo.com/e4607158c094ab98baa3a78bf7950626.png

They are here for us

https://i.gyazo.com/1eee1beecfbb19676dbfc1fa8632b350.png

Despite the button "Find out more" here, you can't actually find out anything by clicking it. Which is sad.

Address

https://i.gyazo.com/632b3b585013c720932fb9bf332df6a7.png

They are here somewhere between Wild Sage Bistro and Baptist Church:

https://i.gyazo.com/57a204d7c3cf0790722b13bb630caf38.png
https://i.gyazo.com/4926f55af73c3fdb78501a7dd9c12e07.jpg






Title: Re: LightCoinEX - Plagiarized content - Trustworthy?
Post by: TalkStar on November 07, 2019, 05:41:55 PM
Their live trading market is done via a WordPress plugin   ;D
https://codecanyon.net/item/fat-coincap-cryptocurrency-wordpress-plugin/21273210

Their exchange:
https://lightcoin.exchange/

Is a 20$ template:
https://themeforest.net/item/cryptorio-cryptocurrency-trading-dashboard-html-template/23262524
that grabs data from tradingview.
Usually some of these scammers take it very easily to run an ICO and they think its the most easiest way to steal money from people. Just purchase ICO related template and make some editing works but they get stuck during whitepaper creation sometime. In this situation they start to steal content from other projects but some are slightly ahead in this part who have little extra amount in his wallet to make a useless whitepaper by spending 100$.

After completing all these things they just wait to have deposit on their wallet and i think its pretty much common in most of the scam ICO project.  


Title: Re: LightCoinEX - Plagiarized content - Trustworthy?
Post by: witcher_sense on November 09, 2019, 05:27:37 AM
 I visited their website today and it says the website was hacked
https://i.imgur.com/V9sgPAk.jpg

According to https://wordpress.org/support/article/faq-my-site-was-hacked/ what "hacked" is:

Quote
A couple of IoC’s that are clear indicators of a hack include:

Website is blacklisted by Google, Bing, etc..
Host has disabled your website
Website has been flagged for distributing malware
Readers complaining that their desktop AV’s are flagging your site
Contacted that your website is being used to attack other sites
Notice behavior that was not authorized (i.e., creation of new users, etc…)
You can visibly see that your site has been hacked when you open it in the browser