Title: [SCAM] Stablecoin uSWAP backed by NOTHING Post by: -CryptoViking- on September 29, 2020, 06:04:48 PM What happened: Uswap is a stablecoin backed by nothing, by air it seems. They are running an airdrop claiming that they are giving 1000% of worth in the their USP token to people, yet token is backed by absolutely nothing. In addition they are having a sale, selling air to people and yet they decided to give out 60% of token supply to community? 5 years vesting on tokens? Almost guaranteeing the listing on top 20 major exchanges, yet they created both token and all their social media with the last few days, no Github, no Whitepaper, no team and roadmap looks like a kid made it up.
So many flags in one project. Website: https://uswapexchange.com/ Archive: https://web.archive.org/web/20200928231252/https://uswapexchange.com/ (https://web.archive.org/web/20200928231252/https://uswapexchange.com/) Code: Domain name: uswapexchange.com Link to their token on Etherscan with date of creation: https://etherscan.io/token/0x2a2a52d83a5ec8ccea30f67bf5dd669a2d986f46?a=0xf26c5f062f3638ab7e880f6e9efc49c2157a1a13#tokenAnalytics (https://etherscan.io/token/0x2a2a52d83a5ec8ccea30f67bf5dd669a2d986f46?a=0xf26c5f062f3638ab7e880f6e9efc49c2157a1a13#tokenAnalytics) Screenshots of their social media and web: https://i.imgur.com/P0FNta7.png https://i.imgur.com/7egVEVi.pnghttps://i.imgur.com/OK5mYhW.png https://i.imgur.com/QKO5H5V.png https://i.imgur.com/XAyNcGT.png Their FAQ looks exactly as their project , really shitty, as there is no inofo they can provide, since it is all made up. https://i.imgur.com/NLDcmJq.png All in a all a pretty textbook flags and easy to spot scam, but since they have a fancy TG airdrop bot, a lot of people will go for it and then because they participate in an airdrop some will go and even buy some tokens in the sale since it looks like an awesome deal. 1 ETH = 1000 USP which would be 1000$ worth, which does not make any sense, but people usually don't think and fall for this kind of shit. Title: Re: [SCAM] Stablecoin uSWAP backed by NOTHING Post by: -CryptoViking- on October 02, 2020, 07:36:07 PM Good news. After some actions and reports this has been officially tagged as a scam and Telegram has tagged their bot as a SCAM also. It's a rare occasion from my perspective to see such a quick results when it comes to scam busting so this made me really happy and glad that I took time to bust these guys.
https://i.imgur.com/AYsvx0y.png |