Bitcoin Forum

What happened: Fake reviews | stock photo

Profile Link: [BOUNTY] https://bitcointalk.org/index.php?topic=5272808.0
Archived: https://archive.is/KsWPm
Profile Link: [ANN] https://bitcointalk.org/index.php?topic=5272810.0
Archived: https://archive.is/wip/536Zz

Website: https://defi.trade/
Archived: https://web.archive.org/web/20200901182313/https://defi.trade/

Domain Name: defi.trade
Registry Domain ID: D1AD2C78F0DA14EE188D4E2CC235AC129-NSR
Registrar WHOIS Server: whois.godaddy.com
Registrar URL: whois.godaddy.com
Updated Date: 2020-06-24T03:21:35Z
Creation Date: 2020-04-25T06:40:16Z
Registry Expiry Date: 2022-04-25T06:40:16Z

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https://i.ibb.co/WycBWCt/45645645534545.jpg (https://imgbb.com/)

Fake name: DONNA JAMES
Real name: stock photo/bigstockphoto

https://www.bigstockphoto.com/ru/image-130065950/stock-photo-headshot-of-middle-age-business-woman-in-studio%2C-isolated-on-grey
https://i.ibb.co/p3jzBXL/4645645.jpg (https://ibb.co/30mN9hC)

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https://i.ibb.co/ZK83pkh/45645645555432.jpg (https://imgbb.com/)

Fake name: STEPHEN TURNER
Real name: stock photo/istockphoto

https://www.istockphoto.com/nl/foto/portrait-of-a-smart-businessman-gm493189920-76769403
https://i.ibb.co/2y5JSwg/45645645534545.jpg (https://ibb.co/SPJSc2R)

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https://i.ibb.co/HYQqd9T/45645645555432.jpg (https://imgbb.com/)

Fake name: KEVIN WHITE
Real name: PAUL SPARE

https://mccayduff.com/tax-time-fall-economic-updates-december-2018/
https://www.instagram.com/p/B-u8NwtFBvT/
https://i.ibb.co/pJFHj6V/456456454565.jpg (https://ibb.co/BqMh2HW)

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https://i.ibb.co/9cx3KMx/45645645534545.jpg (https://imgbb.com/)

Fake name: SONIA HUNTER
Real name: REBA PEOPLES

https://webfmd.com/functional-medicine-doctors/st-louis-park-minnesota/dr-reba-peoples-md-ifmcp/
https://www.youtube.com/channel/UCHT1RWmhNGiBPHBRfaQP-rg
https://i.ibb.co/Qn16Wk0/345345656565.jpg (https://ibb.co/zb0S3Fd)

Another DEFI related obvious scam project who are trying to make investors fool. You did a good job by detecting their fake team at an very early stage. You can fix the ANN link on your topic and make it clickable.

I have already posted (https://bitcointalk.org/index.php?topic=5272810.msg55110509#msg55110509) a reply on their official ANN topic and provided this thread link to check their scam faces before running after them.    

Read please, it's not Defi.Trade team.
thanks

https://i.postimg.cc/3RyPxBJ3/image.png

Uhh... why would you use fake pictures of these people? Do these people even exist? It seems highly doubtful, but at least you got semi-creative with the Zoe Sutherland name. The other ones have highly generic names so its difficult to assess where you pulled them from, but I'm gonna go ahead and assume your ass.

I mean... you don't even have a team. You don't have a white paper and your "documentation" link just goes to the home page.

How is it a "decentralized exchange"? You offer BTC, BCH, DASH, XMR and ZEC trades... that's all being done in a decentralized manner? Not to mention your forex section... LOL. I'd like to read more about how that is decentralized as well. Tell us all about it here, please, since you don't have a white paper.

The name of the thread indicates that the site contains fake reviews and stock photos. You did this because you don't have any real feedback about your work and you are thus trying to deceive your customers. In addition, there are many more questions that Nutildah asked You in the previous post (https://bitcointalk.org/index.php?topic=5272930.msg55112658#msg55112658). This is enough to accuse you of scam.

It's not the DeFi team all right, but you are giving false testimonials to your readers to make them believe that the site is legit and profitable, testimonials are very important visitors will believe on this because they want to find out if the site is ok to invest and by giving them a well crafted testimonials they will be deceived, this is enough to consider giving them a bad feedback.

Nice find OP.
All fake reviews and generic faces with scam fake gold looking website.
Their exchange live.defi.trade is also looking like some big joke

https://i.imgur.com/gP03RNy.png
Stay away from this!

Aww... I was just bumped into them an hour ago and conducted a small research not unlike yours. I was about to publish a scam accusation thread when I saw yours.

Here, to complete your list, last one was from cosmetic product. Zoe Sutherland was Tan number 1

https://i.ibb.co/M207gTy/MPF-Models-Chart-with-sku-Corrected.jpg (https://ibb.co/NVBKFhg)

In addition to the fact that the site uses stock photos, which is already a Scam, there are also photos of real people who do not know that they gave fake reviews about Defi.trade. And this can already be regarded as stealing other people's Identity. Because PAUL SPARE and REBA PEOPLES are represented here under false names.

Reported to CryptoScamAlert
https://cryptoscamalert.com/crypto_scam_report/612

That is true.

I mean, I do not see the point of defending themselves stating that 'it was not the current members of the DeFi team'. When you misrepresent your project by posting that it contained positive reviews from stolen identity people, you misrepresent the whole project. Once you put false information on your project, the whole thing just fall apart quickly. Nice find, OP!

Even 2 weeks after these violations were reported, they have not removed fake reviews and fake photos from their site and continue to defraud their investors. Based on this, I left a negative tag for the Defi.trade today.
Archive from September 14, 2020: https://web.archive.org/web/20200914085950/https://defi.trade/

I think I saw a bounty of this project. Not sure though, but having fake team is a clear signed of hoax and fraudulent method. Even they say they are legit or at least listed on top exchange later on, this will show that market is not following a good reliance to KYC. I know most project should at least be visible.

Defi hype is becoming a ground for scam one. I like how CZ interrupt the defi by launching a cefi approach though to limit those people investing on risky projects such as this.