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Kingcasino is The another scam project in 2020?
Bad news for bounty hunters, yes my dear friends kingcasino is the another scam project in 2020. Because the are stop the bounty programs & they are going to refund invester money . I don't know what they doing?
But it's confirmed scam?

They claimed that they were unable to collect the funds they were intended to hence are not going forward with the project. They vowed to return the investments made in full. I am not and investor and can't verify if any of the investor has got a refund. But it's the bounty participants who are hurt by the news and are proclaiming kingcasino a scam as they'll not be getting any value for their effort.

that's true and the team has already stated that but the bounty detective has been holding the KCT tokens but this time it's a worthless token. Even the manager has already stated if there was anyone who wanna get KCT token and he will be sending it to the participant's wallet.

Though some scam projects had happened in the past and investors money returned, but for this kingcasino am not sure they will return back money for anybody. They clearly shown that they are pure scammers and won't return nothing to investors. The administrator posted some horrific posts that they are done scamming everyone in the campaign including the investors. It's unfortunate.

Kingcasino is a scam project don't expect a refund from such team who lied more than once about funds they never raised just to lure in new investors, they will never refund investors, it was well planned all along

From the beginning I knew this was a scam project. The price is too high and the total supply is too big, and they also claimed to have IEO more than $ 10 million with only two exchanges, LAtoken and P2PB2P. That is clearly the stupidest lie I know.

They are laughing at investors while they are running away, this is such a big insult usually after they run away they never update us or never posted anything but this one, they are insulting us, those who invested should run after this gu, they will be back and if they can do it again they insult us again, this scamming has to be stopped, investors should find a way to track these people..

Unfortunately its true, and I hope they will return all money to all the investors who invested in their project, which of course is very difficult for me to believe, well, for bounty hunters this is not the first company that turns out to be a scam, so we move on.

A big scam indeed, bounty hunters who aren't good at doing good research became a victim to the scam project, even the bounty manager ( Bounty Detective ) became a victim too, it was a well planned scam project, I hate seeing new projects going for p2pb2b exchange because that exchange supports too many scam projects, that's enough for me to turn away from kingcasino

It would be foolish to have someone invest in this project. I couldn't find anything potential from them, everything was fake and they ended up doing IEO at bullshit exchange.

when a project is going to do this job then it is really a nice job by the project itself.  :)

btw I don't know much about the kingcasino project but I have seen there is a bounty campaign ran like that. There is a thread created in scam accusation against kingcasino. check it: Kingcasino turned scam (https://bitcointalk.org/index.php?topic=5259635.msg54724134#msg54724134)

Oh! Really  ;D ;D ;D! The Bounty Detective manager was a poor victim too ???

Poor guy bounty manager! Tell you what. Why don't you all bounty hunters chip in and donate like 10 Ethereum to him?
Since you trust him so much and his motives are clear as always why don't you? Most certainly he wouldn't cheat any of you!

I bet he was like: " Don't blame me! I got scammed as well!"
Similar to Trevon James: "I lost money too with Bitconnect"!

From the information you provided that and also what I have read in scam accusation thread, it is likely they won't return back the money investors contributed. Nearly all gambling related project I have know end up to be a scam so maybe this is also time investors should pick up another niche for contributing to a project. For bounty hunters, you only waste your time and energy which will all know taking part in bounty this day is also risky

Not all the managers. Some of them are being paid partly in token too. Especially the upcoming ones. Long serving managers that have a lot of experience are not being considered by project dev that have intentions of  scamming because they know those bounty managers will research their project well before accepting to manage it and also their payments are much.

I dont understand why you said the project in subject is scam since you said it yourself that they are planning to refund all their investors money.
Wait a minute, are you saying they are scam because you participated in their bounty and you wont be able to get your reward since the project will be shutdown?

I see they deleted the website and telegram group. Everything has disappeared from this market, so how can investors get their money back? It was too hard for this to happen.

A failed project has no longer sense of urgency to push for marketing if they have already declared failure so it's usual move if they have stopped the other means of marketing through bounty. If they are going to refund the investors then that's a great move for them but I'm sure that bounty hunters who have joined them and allot time for the bounty, they'll also ask for something. And if it's the tokens that they want to get, they're worthless now.

This is fail project and now if they are deleting all social media accounts and have no contact with investors then surely its going to be more trouble for investors as they will unable to have their money which was invested so better they need to do some better idea about this before deleting this all otherwise surely its going to be another scam.

I saw them being promoted by Bounty Detective, and now they have become scams. Obviously, we should not trust anyone and should conduct our own research. Hopefully no one will invest in this project because I'm pretty sure no one will ever get their refund.

I have said it one of mt previous message that bounty managers are not super man and they can only do their part but the whole decision depend on the project team. However, i dont see anything that can be used to tagged Kingcasini as scam because they stated on their site that have temporarily suspended the project and according to OP they also plan to return investors money.
Since it a suspended project, it can be start again in the future probably after the pandemic and bounty hunter can then sell their holding.

I don't get the reason why bounty hunter have to do such thing when most of them (bounty manager) usually received some portion of their payment in BTC/ETH and bounty hunters are the one that makes lose here due to time spent.

If they refunded.

It's mean they just not really successful collecting a fund for their project, better to refund instance continue project and abandoned the project in the middle of project. If they refunded doesn't mean they scammed, and about bounty hunter you don't get a paid and wasting your time? yes cause no guarantee joined a bounty could be successful and a bounty is NOT MAIN JOBS.

If I'm joined the bounty better not receive anything instance receive a useless token, just moving on.

yes, Kingcasino is a scam project that I don't believe in, and it's like a dream, and I slapped myself, and that's true, I'm very disappointed

Unfortunately, the KingCasino platform was defeated and could not achieve success and its goal, but I do not think that it should be called fraudulent. As far as I know, the KingCasino administration promises to return money to investors and if they do, then this platform simply could not get development. Unfortunately, there are many such projects now, but if they play honestly and return the money, then they are not scammers. As for participation in the bounty, then of course it is very unfortunate that everyone who took part in this company, they again worked empty-handed. And this is very bad and undermines confidence in other bounty programs.

The project maybe a failed project but the said they promised to refund investors and @bussybuddy statement about the project deleted their social media account is completely a false because their facebook, LinkedIn and telegram account is still alive but sending of messages is restricted due to users abusive post, i guess.
https://i.imgur.com/aV8jNzj.jpg

Hopefully investors can get their money back as soon as possible. There is currently no way to contact this project because their telegram has banned chat. BTW needs to be really careful with new projects at this point because it's hard to tell if they're scam or not.

Add a sad news to the bounty hunter, fortunately for me when I decided not to participate in their bonus program.
Up to now many allegations of fraud are directed to Kingcasino and it seems that all of them are true, investors probably won't get a refund.

The project announced that it would refund the money to investors, but there was no specific schedule on this issue. So we need a bit more time to know if investors can get their money back

I heard that the Kingcasino project team could not raise funds according to the target so they could not continue their project again but the team planned to return every investor's funds. I think this can be a lesson for all of us that not all bounty managers are perfect and also not all projects succeed as expected.

Can you explain how is something a scam where they return you money back?  If I go to a store and buy a t-shirt that have some flaw in it and return it ad get my money back I cant call them a scammers. If they would not want to give me money back then they would be a scammers since did not point me to the flaw in the t-shirt.

Did they pay back the investor? If they did, I think they were not scams, just IEO failed and the project could not continue. But in the past I've seen many projects that promise to pay investors, but until the end they disappear from the market.

I really do not appreciate IEOs from Latoken and P2PB2P, these are two bad exchanges and there have been many fraudulent IEOs from these two exchanges.
$ 10 million for IEO from Latoken and P2PB2P is a lie, it's unbelievable that someone will believe it.

Even Binance or OKex will have difficulty raising 10 million $ for IEO. Yet this project has claimed to receive $ 10 million from the two most bullshit exchanges in this market. Clearly they were a scam project and now it's time for them to leave the market

It's a shame how these projects keeping getting away with scams and stealing in this industry with absolutely no one or regulating institutions checkmating their activities. KingCasino isn't the last one that will do this, I forsee a lot more to come. The incident with Kingcasino reminds us all of how porous this industry is and how much we need regulations to address this situations. Without that being put in place, the purpose of blockchain could be defeated in no time.

It wouldn't be a scam if they could refund all the investors money.
I don't know the whole story but it looks like they didn't reach their goal but I hope that they would stick to their words and return all the investment to the investors.

The bounty manager should not wait for someone to ask for their reward, rather, he should distribute it no matter how worthless it is since he holds the bounty reward token.  If the bounty manager failed to do so, then the bounty manager should be the one labeled as scammer.

The failure of the project to collect funds isn't proof that they are a scammer.  The intention or declaration of returning investors' funds proves that the owner of the project does not intend to scam people.  It is the bounty hunter risk to receive a bountiful reward or a worthless one.  And this time it seems the worthless one is the one on the reward box.

l don't have any experience or knowledge with this project, but as reading other comments of members l can see that it is a scam. But l hope they will give money back to the people, who invested in this project. But if they will pay the money of members back, it is not so bad, on the other hand, it is great to do it. Scams projects are bad sides of crypto world, we must be careful and try staying away from them.

No they are scam unless then run away with investors money.

This is just because they are unable to collect softcap or the required amount needed for their further project development and this happened lot of time in the past so learn the difference between scam projects and legit projects who are not able to raise funds.

They announced they got $25M thru IEO. How's that for not getting softcap?  If so then the exchange lied and the team as well.

I would really think p2pb2b is part of this scheme as always and if there is no refund gonna happen, there should be something done for this exchange that takes part in every IEO scam.

I think they only received 100 $ -1000 $ from IEO, because they made IEO in 2 bullshit exchanges in this market and all investors know that.

I think the word scam is too harsh for a failed project. kingcasino is not a scam it just didn't rich its target funds and they are refunding investors money and bounty manager will still send the bounty tokens but unfortunately, the tokens are worthless.

There have been so many promises from scam projects, they are just trying to reassure investors while disappearing.
Before the investors got their money back, I still thought it was a fraud project.

Yes, in the current situation it is very difficult to have a project that can attract 10 million dollars. It's clear where the project was originally planned to cheat when it announced the attraction of $ 10 million.

Its part of the game now where projects do give out false numbers together with shady exchange to look it more legit and lots of people do supports it but actually
they are just playing out investors minds to fool and make them believe that this one might be a good project on showing of numbers.
This isnt something new thats why we should really verify anything out before putting up investments into projects. Always stick out to known exchange
when tending to join some IEO.

Yeah it's the same old story with these smaller exchanges... you pay them good money as they promise good results, and they fake them.
And when results come in, they say "sorry the users must have changed their mind" or "we had technical difficulties"
And the contract usually states no refund policy

p2pb2b is a known scam exchange. They knowingly get on board projects who obviously have no real team, no real development and no real product. Every now and then there is a good innocent project but in general,,, if you see a IEO on p2pb2b, it is almost certain to be nothing more than a scam.

These kind of activities taken place on similar new exchanges as well, why people ready to promote a project even when they know there is some kind of shady activity reported in that exchanges in the past.I hope they will return the investors money so they won't be called as scam project, it just a failed project but I doubt that they will return any money to the investors.

why will they return the money ? did they dont know that the exchange thier partnering is a scam ? and they said they are part of the exchange . its also the fault of the investors and bounty hunters that works on promoting and investing on them   .  i dont think most of them are aware but they can be new people .  others that are aware that the exchange is a scam will try to keep distance on anything related with it including ieo even if we all know that ieo is consider to be the safest option right now compare to ico bounties and airdrops