Bitcoin Forum

For those of you that do not know how Yobit fools its users with its investbox scam, apart from using advertising in this forum and trying to use its cryptotalk forum - here is a screenshot of what Yobit are sending out in their emails to registered users:








They claim (among other things) they will give 0.1% daily or 3% monthly returns on anybody sending their Bitcoin. So if 1000 users send 1 Bitcoin each, they will pay out a total of of 30 Bitcoin on top of the 1000 Bitcoin they received - every month. When you add that same formula to the other crypto they stated their investment schemes for you can see the whole thing is unsustainable and can unravel very quickly. So how can they keep on going without exit-scamming? Simple...

They are running all sorts of fake IEOs and listing all sorts of coins and tokens and charging fees to do so but that is not enough. Yobit are also doing something else to extend their stay, they are offering/baiting users to invest in schemes that will see the value of the investments to sink while the Bitcoin and other crypto used to purchase them will remain profitable and that is no investment it is a scam.

For those are registered with Yobit, you are advised to stop using their exchange because you have zero legal protection. They have nothing on their website terms and conditions which can be used to identify or locate them in the event they selective scam or scam en-mass therefore you are advised to use an exchange that at least will not hide behind anonymity such as how Yobit does: https://www.yobit.net/en/rules

For now the Yobit scammers show no sign of slowing down. They have built up a small amount of traction on their cryptotalk forum - which essentially built its user base by various means from fake accounts to increase its appeal to less learned users and of course those users that signed up after seeing their banner flooded in this forum. Who knows what Yobit will do next to try to stay relevant and active but they show no sign of stopping their payments to users in the forum to promote their signature.


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PLEASE NOTE: This thread will be self-moderated because those posting here with Yobit banners displayed will probably have their posts deleted as soon as I see them. Yobit has been outed by too many users as a scam and for that reason if gullible users or newbies see this thread full of posts showing a Yobit signature campaign they might end up falling victim to it. Those displaying Yobit signature campaigns have the rest of the whole of the forum to promote it. Furthermore, if I think posts might have some worthwhile content but were made just for the sake of promoting a banner or flooding the thread with a particular banner, I will probably delete them too.

The worst thing is that there are accounts on BCT, some of them on DT, that are prepared to take payment for promoting these scammers. I get a few PM's from them once I tagged them, crying about their reputation, it was a mistake, I didn't know, etc, etc - I also get downright lies from them too, like this one:


I got no time for scammers, scam promoters or liars - these are the kind of users that sign up for this kind of campaign & it stinks.

I hadn't thought about that angle, but now that you said it I think you're absolutely right.  Some of those "coins" they have available for the investbox are absolute crap and I think they're only available on Yobit.  Some of them are just dead tokens that will never be resurrected and can't even be moved off the exchange--I have an account on Yobit and it looks like the wallets for some of those things are in maintenance mode, probably forever. 

I'm hoping people aren't actually buying coins like YONE, X10, and the rest with bitcoin in the hopes that they're going to earn massive returns, because I bet you that when they go to sell those coins back for bitcoin the market will turn out to be completely illiquid and they won't be able to get their orders filled.

I've always been on the fence about Yobit being an outright scam exchange, because I'd personally never had problems with them, but this crap with the investbox tomfoolery is really pushing the boundaries of scammy-ness.  Add that to all the scam accusation threads I've seen about them over the years and well....I've kind of made up my mind that they're as dishonest as they come.

Props for calling Yobit out on this, OP.

Well you make a valid point about those being on DT also promoting the Yobit scam but in some cases some must genuinely believe Yobit is legitimate whereas others believe it is a scam but still decide promote it simply because they make money.

I would not put all DT members promoting Yobit in the same boat and would like to think some are misguided rather than selling themselves and their morals just to make money.

Let's take the X10 scam as an example, since it was the one which was shilled on here.

This "token" has no blockchain, has no smart contract, can't be withdrawn or deposited, and doesn't exist outside of YoBit. It was created out of nothing by YoBit to be traded only on YoBit. It was launched on December 19th, with ridiculous claims of being "100% safe". YoBit created and sold 68.7 BTC worth of tokens, generating around half a million dollars of pure profit for YoBit:
https://i.imgur.com/nvLxCWe.jpg

After creating this scam out of nothing and having it bought up rapidly, YoBit then simply ignore it. Early buyers dump on later ones, and YoBit continue to create tokens out of thin air to pay the "10% interest" in a worthless non-token which you can't do anything with. The result being we now have bag holders stacking up sell order upon sell order, with no idiots left to buy:
https://i.imgur.com/qHqDccS.jpg

Don't worry though, users here will tell you, it's definitely not a scam. Everyone who invested is getting their 10% more X10 a day, and their tokens are 100% safe! They are certainly right about that last point - the tokens can't be stolen since they don't actually exist in the first place.

With the scam complete and a nice half-million profit, YoBit can simply rinse and repeat with the next made up token.

Well said!


Which is basically what they've been doing since the day they opened.

I agree with you, OP. But so long as nobody comes on here and makes a nice well documented thread about how they were scammed by yobit nothing will change (in regards to their reputation here). It is sad but true.

The way you detailed and articulated their scam in a nutshell is commendable. Thank you.

When early buyers/holders dump on later ones that is in itself nothing more than a ponzi. To create useless thin-air tokens generating an income to the tune of 68.7 BTC is disgraceful, utterly and totally disgraceful. They can keep adding their 10x daily to the already useless tokens and making massive balances for their users but what will their users do with them? Yobit will pass off user complaints by claiming it was not a scam but there is only one winner in this scam - Yobit.

Many of the users here promoting Yobit could not care less that they are effectively promoting a scam because they are getting paid and their income trumps their morals but some have stopped using Yobit and moved on to other signature campaigns. Some still show the banner in the misguided belief Yobit is not a scam as they probably do not know all the facts about their scam operation.

The ones you alluded to that will cite it not being a scam because users get their 10x are the same that will call their 10x promotion and investbox in to question but will also say that investors should avoid them therefore Yobit is not a scam.

I still find myself unable to blame all those users showing Yobit banners for perpetually recycling this scam because not all of them are aware of what is really going on.

You don't necessarily have to be outright scammed by Yobit to point out and identify their shady practices. This post is well documented enough showing their shitcoin scams. Seems like Yobit is only running this exchange as a cover up to keep releasing these altcoins as a ponzi like scheme where they make the money off naive investors through false notion promises. No reputable exchange is going to keep an investment box with altcoin ponzi's.

More likely YoBit is scamming users under the name of "Trading Loss", but on the real side this losses are maupilated by there own trading volumes. Hence, no real victim can document it as an scam or something like breaches in contract and all the risk is transferred to the trader or the one who uses the exchange. Overall they are scamming under different cryptos, so this scamming in a way doesn't correspond to YoBit itself directly. But then promoting those coins through email clearly shows there intrest and participation behind this volumetric manipulation practices.

Oh you are preaching to the choir here. I was more talking about how other would perceive it and what would need to happen in order for them to take action against yobit. As of now, everyone "knows" but there is nothing to be done about it. Heck we even have the most respected manager of this forum "managing" a campaign for them just due to fear of what the alternative would look like.

I concur whole-heartedly, you are right but how many people from the investbox scam will post here after they have been brainwashed in to believing it was a genuine investment which could increase or decrease in value rather than believing it was a ponzi?

One of the victims that has posted their thousands upon thousands of useless tokens for sale on their Yobit sell wall just might wake up to the fact they have been duped and just might post something here. Until then I guess we all have to wait.



I agree with you but that same principle applies to most things, just because one person has not been outright scammed thus not a victim does not make the project bonafide or just because one company offers some parts of its services which might not be able to conclusively be proven as scams but just one or a minority can - it cannot be considered a bonafide project either.

We all have to wait until a victim accepts they were scammed then steps forward to post here with their claim - then see which way it all plays out.

The whole thing is actually set up quite intelligently to let them defend against accusations.

It's not actually a Ponzi because YoBit aren't paying out later investors using earlier deposits, because they aren't paying out anything at all. They sell the initial x number of tokens, and all later trades are between users, with early buyers selling directly to later ones. The "interest" paid is created out of thin air, because there is no blockchain or smart contract rules to abide by.

They can claim the deposits to InvestBox are 100% safe, which again, is technically not a lie. A user has to trade BTC for X10 first. Only once they own X10 can they deposit it to the InvestBox. Their X10 token is completely safe and can't be stolen since it doesn't exist, will earn 10% interest which they can create at will, and can be withdrawn to their trading wallet at any time.

The massive loss in value that all "investors" will see can be chalked up to poor market conditions - "It's not our fault if no one wants to buy our completely made up non-token".

Now, obviously anyone with a little sense can see through all this, but people with sense aren't the ones using this "InvestBox". The question is have they actually broken a written contract anywhere?

Invest box just technique scammed another way also agree with you "YOBIT" top one scammer confusion not only did they change the type of scam, they came across different types of tokens and scammed the most Most of their "YOBIT" ICO project scams by "YOBIT" management. Launce ICO After a while they have no value.

The way you pointed this out was exactly the way I was thinking - the thin line between investment and scam has been deliberately blurred.

Yobit have capitalised on this scam and is paving the way for other exchanges to do the same. Before they would scam and close but now exchanges can offer useless and worthless tokens which cannot be used or transferred then cite market conditions for their collapse all the while they pocket the hundreds of thousands if not millions of US$.

Already exchanges are launching their own fake IEOs or colluding with scammers and heavily promoting them to their users then pocketing the cash while investors and users watch the value of their investment plummet. This investbox scam from Yobit is a modification on that theft but a with few modifications.

It is clear, Yobit know exactly what they are doing by pulling off this scam and using as much protection they can get from a legal perspective citing "technicalities" as they can in an attempt to pre-empt any legal proceedings which might take place in future.

What is ironic is that Yobit are hiding behind anonymity, their website has absolutely zero details about who owns and operates them and their Terms/Conditions are pointless and all this was done in the hope potential future lawsuits might be put-off for as long as possible.

How is it possible that the tokens have nothing of value yet are a number plucked out of the air effectively and added to user balance accounts yet users sadly fall for the scam? No blockchain, no trading mechanism outside the website and no material or monetary value... very sad indeed to see a modern day scam on this scam that generated over 68 BTC that was mentioned earlier.

So I PMed @loyceV a few days ago... about Yobit's dice, I was part of their Cryptotalk and Yotoken campaign... When they launched the X10 campaign I thought that was it I'm out as it was shady as FK, I never placed their X10 Signature on... but they then changed to YoToken whatever the FK it was called...  I continued for a while and once my balance reached 0.01 BTC, This dice page option appeared out of nowhere in the navbar. I visited the page turns out they have a dice game which is only available to users who have a balance of at least 0.01 BTC. I looked around to see if the game was provable fair as I saw 0.3 BTC bets going off in the public history. I couldn't find anything related to it. I searched the FAQs and there was nothing about this game. That was the point I got out of yobit campaign as they are indulged in shady practices. Anyway, I did a bit of googling and found that there were threads created about Yobit's dice but they were never tagged for it, they date back to 2016...

Anyway, my point is its been 4 years and they haven't made their game provable fair. How much time does it take to make the game provable fair and why hide it for new users? They deserve to be tagged for their shady practices at least IMO. I asked @loyceV about his thoughts on this I won't reveal what he said to me... He presented his Opinion, Now I want to hear the opinion of other DT members. Why haven't YoBit been tagged?

As far as I know Yobit has one known user account in this forum and it has been tagged: https://bitcointalk.org/index.php?action=trust;u=406594

Regarding their in-house Dice game for users with a balance of 0.01 BTC or more, it is interesting and new news so thank you for bringing it to the forum.

If there are any Yobit users reading this either with a balance of less than or with a balance of more than 0.01 BTC kindly post here and explain what see with regards to the Dice game. Screenshots would be appreciated.

This is what you call a legal way to scam people. Investbox is 100% legit and 100% working, they are not doing anything wrong when you are going to see it in legal way.

The problem here is you know that it's a scam but they are doing it perfectly and legally. Their scheme is working because there's people who are buying that shitcoin and investing it in investbox.

This is just minexcoin scam. Coin is going to die, but no one is going to run LOL.

I suppose the technicality that they might claim to be a non-scam holds some ground from a legal perspective.

The manner is which o_e_l_e_o articulated it in his post above captures the argument Yobit would make by claiming they are a legitimate business but if law enforcement agencies were to get involved at any stage their claims would probably not stand a chance in a Court so the scammers behind these types of scams would prefer a plea bargain or plead guilty for a lesser sentence rather than plead innocent and get a longer jail sentence.

The Yobit team will no doubt continue plodding along as much as they can for as long as they can raking in as much money as they can from their victims but maybe when it ends the Yobit owners might not get a chance to enjoy their stolen funds as who knows how long their jail sentences will be by the time various fraud charges are brought against them.

https://i.imgur.com/TuqBoOZ.png (https://i.imgur.com/TuqBoOZ.png)

This is pretty much it still looks like... I found it via Google images there are quite a few images on there you can check them out yourself. The image I found was from this article: https://steemit.com/cryptocurrency/@remedy/yobit-net-dice-game-my-experience-and-strategy . The guy shares his experience of losing 18 bets in a row but fails to understand that the game isn't provable fair. He gets this idea that any time his profit reaches 50% of his bankroll in a day there is a trigger of sorts which then results in him losing all of his bankroll. The interesting thing I found out was this...


I dunno if this still applies on the "investbox" but the more I read about Yobit the shadier they get...

So, although I've noticed the "Action" column on Investbox, I've never really understood it so just ignored it, but this quote made me look in to it a bit more. See this post on the cryptotalk forums: https://cryptotalk.org/topic/37314-how-to-use-yobit-investbox/. This is even worse than what I have outlined above.

For some of the InvestBox products, in addition to buying a worthless trash token, you have to perform additional actions to actually earn your interest. Apparently "10 ds" on the InvestBox page means 10 rolls on their dice game. You have to do this every day. Even worse than that, some say you have to make 10 buy orders, again every day, and you are not allowed to make a single sell order. Some even combine all three of those - 10 buys a day, 10 rolls a day, no sells allowed. If you don't do this, then you don't earn anything.

To keep going with the X10 example, to earn your fake, non-existent tokens, you have to perform 10 non-provably fair dice rolls with bitcoin every single day. What a scam.

Thank you for the screenshots.

Shall I still take it the Dice link only appears to users balances are a minimum of 0.01 BTC?

What I have concluded is they Prey on users via this lack of information. I never TBH actually understood what these actions meant, their FAQs have zero information on any of these subjects. So any new user might easily fall for their traps. Simply put they are scammers just like you said...

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Yes! The proof is in the pudding. Below are two of the images from my account...

[1] No Dice Page Option in Navbar as my balance is currently zero.

https://i.imgur.com/mOmxZ1Z.png (https://i.imgur.com/mOmxZ1Z.png)

[2] Here is what the page looks like if you try to visit this URL: https://yobit.net/en/dice/

https://i.imgur.com/TXA1gLt.png (https://i.imgur.com/TXA1gLt.png)

So that's what ds means? Where the hell is the s coming from?
I've been wondering for a while what that means but never had the spare energy to go and open a yoshit account to find out.
So you need to lose some money also, buy some shit token, do some trades, and I have the feeling there is a minimum, right?

Oh and from the link you posted I went to another topic, and check the requirements if you want to earn 1% in BTC and not some shittoken


So in order to gain at maximum 0.3 BTC a month, you have to buy shitcoins worth 3.62 BTC and hold on for dear life.  ;D

Fuck shitbit in the arse. They are only taking money out of newbies hands and it’s sick, it puts so many people off crypto when their 1st investment is a loss and it’s a total wanking ducking shame.

Someone ddos the hell out of the cunts

You would expect there to be a flurry of complaints about by now. How on earth is a user supposed to main that level of commitment on a real genuine project let alone a fake scam website such as Yobit? I think it looks like the idea behind that part of the Yobit scam would be to make it so difficult for users to even stay on top of their commitments to earn their fake coins that they would not qualify anyway.

I asked in another threads about how long their "investbox" had been going on and was told it was around 3 years but does anybody know how long the x10 scam has been going on?

The X10 token was launched on December 19th, as evidenced by the screenshot in my first post in this thread (https://bitcointalk.org/index.php?topic=5217581.msg53650350#msg53650350). It went from literally zero volume the days before, to a ridiculous almost 70 BTC of volume created out of nowhere on the first day of trading. The scam signature first appeared here on December 23rd - https://bitcointalk.org/index.php?topic=5188047.msg53418192#msg53418192.

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Out of curiosity, I took a look at some of the other "tokens" which you can "invest" in using InvestBox. Let's take a quick look:

LIZA:
https://i.imgur.com/OuR8uqq.jpg

PLUTO:
https://i.imgur.com/9jXPScN.jpg

IXI:
https://i.imgur.com/Wc0P7qI.jpg

YONE:
https://i.imgur.com/UQeJx0T.jpg

For all of these "assets", deposit or withdrawal is impossible, as they all say the wallets are under maintenance, just like the X10 wallet has said since it was launched. These are exactly the same as X10 - they don't actually exist, created out of nothing, sold to "investors" with lies about being 100% safe and ridiculous interest, and now have tens of millions of dollars worth of sell orders all stacked up from bag holders with zero volume and zero buyers.

It's only a matter of time before YoBit launch the exact same thing again with a new name.

So going by your excellent investigations and findings it is seems to me the Yobit scammers are basically recycling the same format on a regular basis to scam again and again and again...

It seems clear their "assets" are useless, worthless and are waiting on a sell wall with no buyers. Those that get in early and sell recoup some funds whereas those getting in on the act later are watching a sell wall increase every day with no sales... Ponzi is surely an appropriate word to capture the scam in one word.

In the meantime they can keep adding whatever % they promised to user accounts thus increasing the balance to claim they fulfilled their obligation of adding various % every day but that will not be enough to defend themselves in a Court of law. None of these coins/tokens have any blockchain and cannot be transferred out, have been sold with misrepresentation and fraud in mind from the beginning.

With all this is mind how long before the law enforcement agencies start looking in to Yobit scammers and the activities it participates in?

A decade, two? A century? They won't do it ever?
What law enforcement agencies?

The story and background of yobit are just as shady as btc-e and wex.
They operate from Russia but they block Russian citizens on yobit.net, and at the same time they are not licensed there, one of the founders might have been arrested but nobody knows for sure and there is no news what happened to him, ....
As far as rumors go yobit might be actually be run by some people with strong ties in the government itself.

Nope, this type of exchange will shut down only if they either exist scam themselves or if by a miracle users start to avoid it and their "Free' and "Guaranteed" income.

I agree, crushing it would need a person like Putin to take it seriously.

Maybe one day they will get complacent and make errors will result in them expediting their own downfall. When criminals are getting free easy money for long periods of time using the PCs and laptops on their desks, they can easily make mistakes.

Maybe you are right about who and what is behind Yobit, there are lots of rumours but hopefully 2020 will be the year either they reform and stop scamming (become fully legitimate with full company ownership details made available on their website) or they collapse so there will be no more victims.

This thread is very damning..
How much scam is enough scam to do something about in in a widespread and consistent manner?


It would probably have been better off if @yahoo62278 didn't rescue Yobit from getting banned again.. Could have just let them spam for a few days until they were banned and it would have been over.. Probably still could..

It also shows a lot that Yobit doesn't mind spamming the forum as long as they can get away with it..

There is definite logic in that approach. After they were given permission to return to the forum they probably would have got banned within days anyway but I think I read there was wide consensus for yahoo62278 to handle things just for the sake of cleaning up the forum from spammers but with hindsight maybe it was not a good idea for the community to ask him to contain the Yobit campaign.

Maybe somehow Yobit will still end up getting banned, let us see what happens in the coming days.

This is what bothers me with this. If this continues, i.e. we do not do anything in said manner, then this will set a precedence that some scamming is acceptable which is very dangerous, and frankly just unbelievable.

We need to keep a clear separation of the problem:
1) Yobit spamming - administration issue.
2) Yobit scamming and people advertising a known scam - trust/DT issue.

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The current state of affairs is a display of complete failure on our end regarding point 2.

I am writing here about my experience with Yobit Investbox. Also, I think we already have enough threads about Yobit scam and x10 Investobox fraud.


here's a little explanation:

https://i.ibb.co/52pxxK2/yoyo.png (https://ibb.co/QXSjjDX)

This is a screenshot from my account there, and some interest payouts. I post this just to prove that I know what I'm talking about.


Here are a few sell orders and how much worths. 20mill = $2.8 and two days later 40mill of this shitcoin worth $2

https://i.ibb.co/JBJKJCV/yoyo2.png (https://ibb.co/BzMtMwb)

But it's not at all, watch this:

https://i.ibb.co/M2MV66L/yoyo3.png (https://ibb.co/Lknt55f)

After one week 2.56095811 lizun tokens, worth 0.00047526 BTC. It is much more than from the second picture where I sold 40mill for $2

When his tokens dump to the bottom, I mean when token going to lower price than 0.00000001 ETH (Trading is possible only in DOGE) they denominate this coin and exchange it in rate 1000mill for one new, which is btw use same name. then that token goes into another new Investobox circle.


Source: https://twitter.com/yobitexchange/status/1011613251589853185?lang=en


It is not only one. Sounds familiar?

Source: https://twitter.com/yobitexchange/status/1001091754785898498?lang=en

source: https://twitter.com/yobitexchange/status/1001082332982448128?lang=en

source: https://twitter.com/yobitexchange/status/1001082267400392705


So why they need to have a lot of shell tokens, without anything behind them. No blockchain, no wallet, withdraw, deposit, no any bio, listed only on Yobit platform.
It is clear, only to take money from people.
Some of his: Lizun, Liza, Yo, Lambo, Limbo, X10, Pony, Yobix, Nax, Yob2x, Yone, Air, Yopony, Frog, Yobtc...

IDK there may be elements of organized crime here, maybe someone who knows the law better can explain.



Perhaps this campaign will help to open box will all Yobit frauds and finish once and for all with them

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I did not archive anything from this for future reference. Maybe his tweets, they can delete it.

The majority of the victims will either not realize what happened (they got scammed), or the amount involved will be too little for them to put in the effort to create a thread to complain (creating a thread won’t get their money back). I don’t think we will hear from any of YoBits victims.

Even if YoBit doesn’t have any victims (unlikely), they are still making attempts to scam their customers.

I will repeat my previous call for yahoo to stop managing the YoBit campaign. If someone else gets hired to manage the campaign, so be it and that new person would receive calls from me to step down. I get that YoBit pays well and this is why so many people are willing to advertise for YoBit, but I don’t think anyone should accept advertisements from YoBit (don’t wear their signature). If yahoo steps down, we might see a few days of mega spam, but I am okay with this because it means their signature will get banned at the end of the few days and probably several of the spammers who are willing to whore out their signatures to a scam exchange will too.

Yahoo should do the right thing and step down as campaign manager and everyone advertising for YiBit should do the right thing and stop wearing their signature.

After reading you post I will say there is still a lot of merit in the approach I applied to the process of scams being promoted:

In simple terms, if a user promotes a scam but does not believe or accept it is a scam, then it is up to the community to present evidence to show them they are wrong.

If however a user openly states he knows he is promoting a scam and then fault blames victims for getting scammed then that clearly shows the user is unsuitable for any responsible role.

.. but without a shadow of doubt I think you make a very valid point indeed Lauda and you have articulated it in such a simple manner, so much so it makes it difficult to argue against it. Thank you.

I believe that the following soft approach is the most correct to everyone and can't be denied in that way: Extending on what you said - If there is consensus within the majority of DT that this needs to stop, then I'd issue a mass PM to every single person wearing their Signature and would point out:

• Evidences and cases of their scams.
• The consensus of the community that advertising any scams is unacceptable, or particularly in this case that advertising Yobit is unacceptable.

Any sane, user who does not condone scamming would then voluntarily remove their signature. For those that do not, well they will have implicitly (if they do not respond but show activity post receiving the PM) or explicitly (respond but refuse) acknowledged that they are aware of the scam and are still willing to advertise it. This would make the case of tagging them very trivial.

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Please keep in mind that the action that I'm talking about can only be done once we have some sort of, majority of active-DT consensus. No member, regardless of status, can attest that this is unfair treatment/biased/etc. This very proposal goes completely against my own nature, the one that people are used to.

I myself drafted a “PSA [public service announcement]” type post to give Yobit advertisers fair warning, with a request therein that others bring it to the attention of those whom they know.  “Friends don’t let friends do Yobit.”  And on my part, that is not mere rhetoric:  I see too many people whom I otherwise respect wearing Yobit ads!  I intended to make my “PSA” post, then PM it to them on not other than an amicable basis.

I have been independently working on this issue for some time, and kept quiet about it for reasons which I do not yet care to discuss publicly.  For my part, I am a loose cannon even worse than you—I want a DT consensus, but I will not myself promise to obey such a thing or the lack thereof.  My principal concern is to put Yobit advertisers on notice, such that all know or should know they are advertising a scam site.  Then, each must make his own choices, and bear his own consequences.  That said, I certainly respect your stand for keeping the forum peace (or at least, minimizing the inevitable drama)—and I think your reasoning is quite sound.

Well until that consensus happens I have created a thread: https://bitcointalk.org/index.php?topic=5220208

I have sent PMs to notify the 12 users that posted in the previous 7 days while displaying a Yobit x10 banners that I will tag them for promoting a ponzi scheme.

In addition to the ongoing Yobit ponzi scheme conversations, i don't know if you guys notice that user Aikidoka (https://bitcointalk.org/index.php?action=profile;u=942026) is still using the exact code (X10) banner which was complained by alot forum users acouple of weeks back and hes not tagged not even by suchmoon.

I'm sorry Sir but you don't explain how they are making money with that.
In all HYIP and pyramid schemes there are winners and losers.
If you sell at the best moment you win money, if you sell at the worst one you lose money.
So if Yobit didn't sell any of this coin, it didn't earn any money, it's only users like you who won money.

If you think HYIP and pyramid schemes are "organized crime" why are you on a forum allowing them, then?

I think it is highly probable that suchmoon or others may not have come across any posts from the users so might have missed his banner and not tagged. There could be other reasons we are not aware of but it would have been highly unlikely for any one to tag all users participating in Yobit x10 prior to the post yesterday showing the list of those 12 users still promoting Yobit x10.

I started a thread here and then sent a courteous polite PM to Aikidoka and 11 others asking for them to kindly refrain from using the Yobit x10 banner or they will be tagged: https://bitcointalk.org/index.php?topic=5220208.0

go on. yobit is real scammer here. my account cannot open my balance gone.

It is very sad to see Yobit still scamming. That website should have been closed a long time ago. They must have made many tens of millions of USD$ from victims.

i agree hope they closed. suck i still cannot open account until now well let them eat my balance 1.5btc :v(i already replace that by my own company self)

it is because they still have no KYC process and the more other exchanges push for KYC and other restrictions the more people are pushed towards shitty exchanges like Yobit so they can remain afloat and continue scamming. most of their revenue is from pump and dumping shitcoins rather than directly scamming their users so the number of direct victims is low which is why people keep going back.

That is where they must be making the bulk of their funds from the pumping and dumping ICO trash coins. I wonder how much trade they are doing on a 24 hour basis on the actual exchange part of their business.

https://i.postimg.cc/NGZbwb6j/yobit.jpg

like my fate where all wd are pending and there are no support contacts that can be contacted,and no one can help me

I'm always sorry to see someone cheated for money, it makes me angry.
But why are you still using this exchange, which has been proven scam? after the first failure withdraw from there, why do you have funds there again?
they work in that way, and as long as there is a user who will trust them and send money there, they will still exist.

yeah I was hoping the yobit dev would reply to my message at the contact support and it turns out they are still the same. really a scam
there may be many other victims there,and there will be no point of clarity

Sadly they will not help you even if you managed to engage in chat with them because their primary function is to make money. They do not care about you or any of their victims because they see them as legitimate targets.

Be careful when sending support they also have scammers I once tried to send a ticket but the system always asks me to send a certain amount of Bitcoin, and you also need coins in your wallet so you can post in their chat channel, there are a lot of telegram channels for Yobit but we do not know which one to choose to address your issues.

well I also experienced this where they asked me to send coins via the yobit code, and I knew that they were just cheating me. let's see how the future of the market will be, whether there will be action from the government or allowed to continue to scammer

When using Telegram be very careful because you might think you are chatting to Yobit staff you might be chatting to scammers - be careful.

Are they not the same thing at this point?

Yes they are...

My post was a general one to all those reading. I should have been clearer.

They sent this email out a few days ago.

Yobit have now jumped from 1% returns to 2% returns on investing BTC with them.....  :o

Ponzi schemes at their lowest offering 2% daily (or an eye-popping 60% monthly returns on BTC investments made with Yobit

https://i.postimg.cc/R0h4qYHc/yobitnewscaminvestbox-Copy.png

They just won't go away. I'm still getting hate PM's from peeps I tagged for promoting these scammers ages ago....LOL

Oh well. Could be worse. Crucifixion anyone?