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This is scamming their bounty hunters, after 10 months they finally unlock their token EMRX, it is still trading when the token for bounty hunters are locked, but soon after they unlock it, they delist their token on their own exchange now, bounty hunters has no way to sell their token, they are very cunning and they want toi scam theirt bounty hunters, now the token is stuck on the platform with no way to sell.

I briefly visited the exchange site, it looks like they are based in the UAE and I think they are just losers in that rich country.
In order to pressure emirex team to immediately settle their debt to the bounty hunters, wouldn't this thread be better off being on the scam board (https://bitcointalk.org/index.php?board=83.0)?

They are doing this to avoid dumps but it shows that their exchange token isn't as demanding, after emirex launched their exchange that's when Wazirx get launched but not at Wazirx today, they are doing so well, exchanges are of different levels honestly, I don't like emirex or any projects that put locks on tokens, it shows they aren't capable.

From the start, this project was suspicious, they could do a token sale (ICO) even though the token was already being traded on the market
No wonder this project ends up being a scam.

I really like to do that but maybe we will have one in the scam board I like to point out to the developmen team that what they have done is not right and they can still rectify or correct it, did they really hate bounty hunters that they do not want to trade or dump their token when it really deserves to be dump, I hope they let bounty hunters to trade in their platform, this is one project that should go the drain.

They have compromised the rewards for the bounty hunters if they've done that in purpose. Dump is about to come once the lock for the rewards for the BHs have gone or expired. To avoid further dumping to their market, they have to do this.
Is there any statement coming from them that they've delisted their own token onto their own exchange? that seems to be a funny incident that I've seen for the very first time.

The timing of the unlocked token and delisting the token is very coincidence, or that was the plan from the beginning.
That is very unfair, what an awful exchange! I think we should never trust token that listed on unknown exchange easily.
I think better to join campaign that distribute the reward without locking the token or unlock it later.

If you feel that bounty hunters are scammed in anyway in this regard then you definitely should contact the team about it and if no solution is provided from them, you should open scam accusation thread here and other places to atleast name and shame them.

Also their withdraw fee is ridiculous, most are $ 10 or more with all cryptos. After my tokens unlocked, I placed an order then they lock my token again and delist all of EMRX trading pairs lol. Such a scam behavior.

That has proven if this exchange site has been running by scammers. Just spread the more awareness about this and let everyone know avoid to deal with this scam exchange site.
People should never try to put their money on the scam exchange site like EMRX.
The fact that the developers has control over its smartcontract and it has been putting the backdoor. This already planned since the bounty has started.

It's fishy when the exchange token disappears from the exchange itself. But it seems the BTC pair for the emirex exchange is live again. The token is also being traded on hitbtc but the price has plunged about 50% already. There were surely some issues with the token and exchange but they are still getting funds and are operating. I don't think the temporary lose of trading pair, price decrease would make them a contender for scam.

Yes i completely agree with the OP, this emirex project are big time scammers and i think all bounty hunters should open a scam accusation about their shity project, i have known it all along that they are going to scam hunters because of their shady attitude, not very transparent, what is the need to delist the token from the only exchange it was trade on! lol, all the effort of hunters to promote this scam project just go to waste, i really feel sad for hunters.

Bounty tokens for hunters is not too much, but its price dropped 50% too easy in just few minutes. My tokens was unlocked but I could not sell in time, and now only get back over $ 10 for the 10 months of waiting.

As far as I understand, the Emirex team did not send EMRX tokens to bounty hunters at all. They simply "credited" accounts opened on the Emirex exchange, so their actual costs were zero. I am curious if it is possible to withdraw these tokens to an Ethereum address and try to sell them on DEXes.

I don't know what is the reason for delisting their own token. In any case, in my opinion, such behavior of the team can be considered a fraud. Bounty hunters are not investors, so they shouldn't pay in stable USDT coins to receive the rewards they earn.

I found the official account: Emirex_Support (https://bitcointalk.org/index.php?action=profile;u=2720802)

I also found their announcement thread:
[ANN] Emirex Official - The Infrastructure for the New Digital Economy (https://bitcointalk.org/index.php?topic=5179932.0)

If that's the case, then it contradicts their statement of having a professional team. It is their responsibility to escalate the concerns of bounty hunters, as they have benefited from them in any aspect. They have used them for their own benefit, without thinking about how it helped their development. It is unlikely people will lose their trust in this exchange, as they can't fulfill their promises and do their job properly. It is unright for them to take away the opportunity to sell the tokens that they have earned because of their hard work.

@batang_bitcoin said this maybe that was the real reason for the delisting and it was only temporary .

they say that it was thier own exchange . them as a bounty hunter should know this from the start that they are going to list the coin on thier own exchange but isnt that risky ? because they can do whatever they want but hunters still join but if they say that the coin will be listed on other more popular exchanges that will be better .

 they should also said clearly if they will lock the tokens or not so that hunters can avoid joining them but most bounty and airdrops dont do this, they love surprises

They got you on the hook. They want to look that they are from "rich country" so everyone would have no doubts about them being honest. They even put on the page that their country has "the most demand for digital assets in the Middle East", but if you scroll down you would see they are registered in Estonia. Google this address and all that rich mist dispels. Rich country representatives register company in Estonia, somewhere, where already lots of companies are registered. Shady. I doubt that Emirex representatives are not from UAE at all.

These guys were suspicious from day one, I deposited bfclcoin on this exchange which they announced after months to swap into niwix which i did but almost after 2 years those tokens are still not tradable or even transferable, these guys should be reported to authorities so that this scam exchange can be taken down and these people get punished.

A scam report should be created on this exchange this is a shady exchange and will soon scam their traders, they are manipulating their platform and the bounty hunters, they locked the token for ten months then they de list their token in their platform after they unlock it, I have not seen an exchange de listing it's own token, they are very cunning don't trade and deposit your money to these manipulators.

We will see in early November whether the EMRX token has been opened again or not because if not then we should have put this on the scam board so that it can make a lot of people be careful when using this exchange and note all the teams behind this platform, I see anomalies On this platform, they are registered with only 2 teams and they are not from Arabic, these two people are from Russia, while at the beginning I saw a team from Arab so that if this changes then they have already committed fraud from the beginning like the BCNEX case that occurred in several time ago.

I think that was unexpected for emirex team that at once market will dump and go under 1cent so that they stopped selling of emirex. Now its okey and trading is in full speed. Actually i think this work from team was done for bounty hunters so that they can get good rate of token. i saw even in office telegram they did not say the timing of unlock to continue good rate but market fall as well as. but now we can continue our token sell.

thanks.

I have seen the website, and I can say with certainty, it is a well-designed scam exchange. They aimed to promote their scam with the help of bounty Hunters so that they could loot more people.

Please do not promote any project that you suspect, Because when you promote a project, some newcomers may invest in it. And they have to lose their hard-earned money.

Remember that if you promote the Scam Project, then, in fact, you are helping the Scammers so that they can loot inexperienced people.

Despite knowing this, did you join this bounty?

The whole thing with this Emirex project is fishy from the start, if not that you participated in their ICO you won't hear about it in the space, this is one of the bad of bounty campaigns, I just pity those that are investors and are still holding on to the tokens, the project I regretted investing into like this is Hybrid block

What they stand to achieve with this, is what I can't fathom. They locked the token for a very long time, then unlocked it and also delist it from their own exchange. I think I read somewhere about swap, but why didn't they swap the token before releasing it to hunters, now they have found another reason to delay hunters from selling their tokens, it is really disheartening. Also, a new project having their own exchange without growing to gain attention first doesn't make sense to me this is because they can do whatever they want, if truly the project is worth it, and is listed on another exchange, I do not think they will be able to play their hunters this way.
Nevertheless, maybe the hunters should wait and see what will become of the delisted token and the possible way out for them.

I just checked and their tokens are back now but a new problem arises, all tokens for the bounty seem to be locked. in fact they didn't intend to pay the hunter bounty

It would be better discussed in the meta board. So that the Legend there can make decisions about the Emirex exchange. I see the Emirex exchange as having great potential for scams. So that crypto users can avoid this kind of exchange.

I think this is a very obvious scam. Delisting the token just before the payout date for the bounty hunter, it was clear they had pre-calculated computation and the bounty hunters fell into their trap.
Such scam projects still often appear in the crypto market and sadly, no one can manage such projects.

At least one of their bounty hunters should create a thread in the Scam Accusations board. Their move of delisting their token where hunters can exchange it, is really not very good sign. Are they about to exit? Somebody should tag them if the accusations are strong. So no traders or crypto users will send their funds on their exchange, as the likelihood of trapping your funds is very high.

I have the token they have because Im one of the participant of the bounty campaign they open in the past months or year Ill think.
And I did not expect about the token of emirex because it was to long they are gone in crypto. And now they unlocking the token of emirex maybe it was not a good idea for that long be waiting but now they active again. Ill think they started to scam again to the bounty hunters or investor because of these they find out the bitcoin are in high price again.

So basically the bounty hunter waited 10 months for the $ 10 bill but now the Hunter doesn't get anything? it looks like a scam project like this is worth discussing in the meta section, Scam Accusations or Reputation, so that more people know about this
btw I also saw them swap EMRX to ESW, what else would they plan on scamming everyone ???

Thats sad to hear of yet this is my first time on hearing such shady act made by an exchange itself where they do delist their own token so that those bounty hunters wont able to sell.
For sure they dont like to lose more money and as expected for low liquidity exchange or close to zero will be minding if they will really be spending more money out of those tokens that
would be sell out by bounty hunters which this means that they are shady as hell and cant really be trust off.It wont be surprising if that tomorrow they would just completely
 vanish in thin air and close their doors without leaving any trace.This is why bounty hunting is shit yet you wont know if you would get paid or not.

too much promise and drama. I hope the bounty hunter gets paid what it should be, after all, everyone has worked hard. at first I didn't want to think badly, but it seems like too much manipulation, tokens are locked, unlocked, locked again, to swap and there must be 50% usdt worth emrx in the wallet. complicated process.

its really funny with what they do now, emirex didnt appreciate with bounty hunter work after several months. this kind team must reported in any cryptocurrency forum that not worthed to bough if listing in market. look how they treat bounty hunter i am sure the same thing will did to investors too. we must stay away from emirex or our money gone.

As bounty hunter, I also hopes so. 10 month is very long.
Why they pay with their project's token if scare to dump their token.
This is not give respect to Bounty Hunters.

This is the first time I've heard of a case like this. it was a very cunning act. Bounty Hunters have worked hard to make it rise and be recognized by many people, but they did not give positive feedback and instead stepped on the bounty hunters.

I thought, we should storm them.

Clearly an act to take advantage the bounty hunters after doing their job.

Why would they delist their own token? How can bounty hunters sell it now if its not tradable anymore.

Well its indeed a type of scam/fraud.

The problem here is not that the emirex team does not pay the bounty hunter. As far as I understand, the EMRX token is only traded on the project's own exchange. They sent the locked token to the bounty hunters, then before the token unlock date they removed the token on the only transaction where the EMRX token was being listed.
It was clear that the team paid the bounty hunter but they had calculated it in advance so that the bounty hunters could not sell that token, obviously this is a scam.

Emirex's admin has stated if the hunters can swap their EMRX to the ESW but I see some comments if people must have used some USDTs to be able to swap their tokens to the new tokens.
I smell something fishy here.
So many people were getting blocked and they can't even withdraw their money from this garbage exchange site. Everyone should stay away to not be scammed with this crap exchange site.
Just listed this one into my banned list. The scam exchange that must go away

Did they allocated huge rewards for bounty hunters? They don't want to scam their investors then only their hunters?

Scams are normal in bounty hunting, probably we can expose this project as scam in bitcointalk but it is not going to help thr the community.

Sorry!!!
It's nothing new, that's the nightmare we face on this forum as a penny hunter. The way the teams treat us sometimes will make you want to have a rethink if Bounty hunting actually worth it.

Some days back, a member opened a thread about Emirex how they locked token for 9 months, it has loose 4X of its original value. Now, they delist the token that doesn't worth $24 maximum of  highest payment.
The term : The team reserves the right to make changes in the future  is likely why these things happen.

Yeah, that is why it had always been a risk being a bounty hunter.
Although I am really intrigued by how they calculate things.
2-5 percent for bounty hunters. Is it really that large to hurt the market value of their coins?
That's nothing if they did a good job advertising their projects. If they can pull more investors then that number is just a little dent from the whole picture.

They didn't delisted mate, they had just postponed EMRX token buy sell only 12 hours after they observed their token price fallen from $0.23 to $0.10. They also postponed temporarily withdraw any coins. I have an withdraw and after 16 hours they canceled my withdraw and i again gave withdraw and succeeded within few minutes yesterday. From Yesterday everything is okey as i know.

I just checked and everything is OK now, except EMRX's pice lol. I think they allocated a small amount of fund for bounty, but hunters can easily dump 50% price of EMRX. Not much is left of my money after deducting the withdrawal fee.

Quite a standard situation. I'm not sure that we have the right to complain about the wait, because almost every project enters the market in about a year. But the fact that all our work is now estimated at $ 5-10 is, of course, nonsense. I remembered about the unlocking of coins only today, and I confess I thought that I was late with the sale. But as it turned out, I was wrong, and the price was already very low by the time of unlock.

Don't let crypto users get stuck a second time by depositing funds into their exchange. I did some research on the Emirex exchange, the withdrawal fees are very high for all coins. So, there is no way out if it has entered their exchange.

It could be or it couldn't be. We don't know why they are doing this but that's likely the reason. They've put safe haven for their investors and developers to dump during those locked periods for the BHs. They were given priority while the expiry was about to come for the locked rewards for the BHs, they just did this all of a sudden. It's unfair yeah but this is one of the most common scene in the bounty hunting. It's really hard to tell which is which going to come for real promised rewards and will just come and go by comprising the hopes and efforts by the people contributed to their project.

It will be the next shit coin  ;D
Their team is actually not willing to let bounty hunters sell the Emirex Token because they are afraid of dump price. But, does it mean that they are not sure about the quality and also the prospect of their own token? if they are not sure, how about their investors? Well, it is ridiculous if saying them as scammers. But, if the new sis true and officially stated by the team, yeah, they are ridiculous, Playing with their bounty hunters who have helped them promote their token.

I'm not sure they had many investors in the past. In fact, I believe that the bounty allocation is actually bigger than the tokens sold, and the team isn't able to handle large sales by hunters than sales by their investors. If they didn't immediately re-lock the hunter's token, emirex's price will definitely dump well below its current price. That's predictable

And it will be the next exchange that is going to close, the bounty hunters have waited 10 months and they deserve the rewards if they want to dump the token, it just show that they do not trust their token, now they are looking on the DeFi features and wants to implement and add liquidity to the Uniswap exchange, it's up to traders if they still want to trust this erchange.

They seems very confused what to do and maybe scared of market and people dumping too. First they delayed the payouts for almost a year. then they kept them locked and now I can see the token is showing again in their exchange.

I asked their customer support via live chat. and they told me that it's not true. they are pretending like nothing happened.

I also noticed some bounty participants got their tokens unlocked while other's tokens are still locked and they are asking everyone one by one to submit a support ticket.

Yes, you are right, until now my token is still locked, I will also leave the token there until the end of the world because I don't want to bother sending tickets for only $3, while the withdrawal fee itself is $10 which means I will -$7. LOL
In essence they don't want to pay hunters and I also claim that this is a scam project

I remember participating in their bounty campaign because i thought the project was legit so i promoted them and in the end i received small amount of tokens and those were locked too for months. And later when they were unlocked for a small while i logged in to the account and they were asking to deposit $100 first which was really shocking and red flag for me. The exchange is still running but i think they need to be transparent, cooperative with users, get rid of their greedy behavior and then things might change and hope the exchange can do well.

Of course everyone is disappointed to see this happen, when bounty hunter tokens are opened they eliminate Emirex trading on their own exchanges, and in addition when investors' tokens are opened massive price drops occur, surely it is not the fault of bounty hunters and investors alike, but how they manage the system that is implemented certainly looks very conspicuous and leads to dishonesty and unfairness to the community they have and may disappoint many parties, especially the bounty hunter community which in fact contributes a lot to the growth of the Emirex exchange, it is very difficult to gain trust again in society especially bounty hunters ...

We are on the same boat, they keep changing the rules now they are setting up a decentralized exchange because this is the hype and where the money is, until now there is no trading pair for their coin and I am not expecting that they will set up a pair, if I withdraw my 150 EMRX token I will incur 40 EMRX , that's $4 in the current rate, anyway you looked at it bounty hunters are going to lose here.

It's looks like they don't want investors or hunters to sell thier share and only taking the money to create thier own exchange  for their own benefits. thats not good for them if people doesn't trust the way they handle  problem like this how they can trust your exchange to use?

You will lose your possible customer by making it difficult for your investors you are just destroying your own reputation to your community investors and possible users.

Poor hunters like us always been treated this way and it's common practice to some pathetic and clever projects out there still doing that kind of act. It's good i did not joined their campaign but still i felt sorry to our fellow hunters of not be able to sell to make profit of their hard works. This action will only get them more trouble of getting red flags from the crypto community and their project will be dead anytime soon because of red trust issues will devour them.

They were setting up the swap and i guess the emirex team has been doing various tricks to avoid the hunters.
Just look at how so many hunters were not able to do something with their coins. There were also so many bad words about this scam exchange site on a various telegram group.
The team has power to change the rules anytime as they want and they were abusing the power for bad behavior to scam the hunters.
This shit scam exchange with no volume will be gone someday.

I heard there is a swap coming, if so what is the use of bounty hunters get their tokens now? They will have to swap it to get the new tokens, I'm just saying it's better that the team still have the tokens, let them save you the headache of swapping yourselves, sooner or later they will unlock

Well, I just checked it on their telegram. So, currently the team provides an option for bounty hunters who have tokens that are still locked by exchanging their tokens to ESW (that is the token of their DEX plan, of course they will not miss this defi hype moment). Otherwise the token will be locked indefinitely, or may never be unlocked. Increasingly they torment the remaining hunters. As for the news this is 100% scam (https://blog.emirex.com/emrx-bounty-and-airdrop-tokens-unlock?utm_source=emirex_smm&utm_medium=telegram&utm_campaign=post2910_1).

what I heard yesterday is, they are doing this on purpose because they open tokens regularly, and want to make all their participants trade at the same time. in addition, the tokens given can also be swapped. for myself, I've sold the tokens that I have. although at a cheap price, but personally, I have sold 100% of the tokens that I got from the bounty.
I hope that the other participants will not have any problems with unlock tokens.

Posting a thread in Scam board does not pressurize them at all. scammers don't care being called scammers and this forum is not same as old days. 2, 3 years ago this forum was main source for altcoins. Having an ANN thread in bitcointalk was mandatory for any tokens (it was a major requirement of coinmarketcap) and having a scam accusation in this forum would make them ban and delist from major exchanges.  But now it is not like that. Hundreds of altcoins don't even use this forum at all.

If Emerix really scammed (which seems they ddi) then they will never return the money.

That has the same meaning if the team was scamming the hunters. The hunters must have swapped their tokens to be able to trade on the market in the future but it has a very small chance for the hunters able to exchange it for money.
There is also a possibility for the token will be reversed by the team. The hunters have no choice to swpa their tokens into the new tokens.

What will happen next is they are going to lose their reputation because they keep changing their rules and keep deceiving their traders and bounty hunters , they are always on the look on how to make money, they only think about themselves it's just right that hunters dump their token, will never trade here it's not safe.

I saw before that the EMRX pair was not on their trading site, maybe it prevented the price from falling, but still that the price fell, just try them opening their tokens a long time ago maybe now they have become big, I also heard they locked the tokens of bounty hunters and investors

I find it strange that such a system does not actually guarantee that the price will be good, if the product and project is really good, you don't have to do that to maintain the value, you should just run a bounty hunter payment so we can know if this project is good then investors will buy it cheaply , this is a lesson for people who are on other blockchain projects not to use this method because it does not guarantee the quality of the project, if you don't have the funds, you don't need to hold a bounty event