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Title: TrustUSD - Plagiarism - misleading and full of fake comments Post by: notblox1 on December 29, 2019, 05:53:54 PM What happened: Misleading ANN full of fake comments - suspicious fake stable token copy of TUSD
ANN Thread: https://bitcointalk.org/index.php?topic=5205460 Archive link: https://archive.is/9umGz Profile link: https://bitcointalk.org/index.php?action=profile;u=2721770 Website link: https://unitedtrust.co/ Archive link: https://archive.is/wip/U9377 Quote Domain Name: unitedtrust.co Registry Domain ID: D9566B4D4332D4B9F9AA3EBEA18B0A740-NSR Registrar WHOIS Server: whois.namecheap.com Registrar URL: http://www.namecheap.com Updated Date: 2019-10-05T13:58:07Z Creation Date: 2019-04-13T17:00:20Z They try to copy/paste other stable coins like TUSD with logo. There is no real documentation on website Nobody knows how their 'stable' coin works What do you think about it? https://i.imgur.com/VOr0A1p.jpg https://i.imgur.com/gu86sEQ.jpg Supplying an additional plagiarism report on top of the accusations listed above. @notblox1, please update the original post and topic title with this new information. What happened: Large parts of the TrustUSD whitepaper have been copied from Saga project (among others) word-for-word. No links to resources used. TrustUSD Whitepaper: https://unitedtrust.co/wp-content/uploads/2019/09/TrustUSD_EN.pdf Archive: https://web.archive.org/web/20200108123500/https://unitedtrust.co/wp-content/uploads/2019/09/TrustUSD_EN.pdf Saga Whitepaper: https://m.saga.org/static/files/p/--752c799b-b6b6-4e0f-bce2-6b9627a0539d_saga%2Bwhitepaper.pdf https://i.imgur.com/wlyktQW.jpg I haven't checked the rest of the WP, reportedly there are more copy/pasted content from other sources. I think there is no need to give more evidence, above is more than enough. Title: Re: TrustUSD - misleading and full of fake coomments Post by: bL4nkcode on December 29, 2019, 10:15:53 PM Can't complain those are paid shills account bumping. Project having those activity are worst and cannot be trusted, though the coin have its price already, but its less than 1 usd having said that its a stablecoin. ::)
Title: Re: TrustUSD - misleading and full of fake coomments Post by: Jating on December 30, 2019, 03:02:41 AM Can't complain those are paid shills account bumping. Project having those activity are worst and cannot be trusted, though the coin have its price already, but its less than 1 usd having said that its a stablecoin. ::) Yeah, I quickly took a glance and damn, almost all of the post about this project is a shill account. I also check their whitepaper, pictures of the people behind and it really looks very shady to say the list. So it's possible that this could be a scam project and hope that we can uncover them as early before they can scam a lot of newbie investors. Title: Re: TrustUSD - misleading and full of fake coomments Post by: notblox1 on December 30, 2019, 03:17:19 AM It is listed on this unkown exchange catex with unstable price of $0.01
And I see they now changed the logo... to avoid blatant copy/paste https://i.imgur.com/wZGzjjX.png https://i.imgur.com/H8aTfoJ.png Title: Re: TrustUSD - misleading and full of fake coomments Post by: joniboini on December 30, 2019, 05:22:44 AM Scammy exchange for scammy tokens. Well deserved I guess?
Seriously though, nobody in their right mind would bother using this token. Title: Re: TrustUSD - misleading and full of fake coomments Post by: notblox1 on January 07, 2020, 09:58:00 AM Can some trusted members with higher ranks please tag and report all the people that are making fake posts in their topic?
Title: Re: TrustUSD - misleading and full of fake coomments Post by: nutildah on January 07, 2020, 11:49:19 AM Can some trusted members with higher ranks please tag and report all the people that are making fake posts in their topic? I've never had success reporting these types of comments, but I did find plagiarism in the white paper and posted a warning there. Perhaps I'll tag some of the spammers that have receive a merit or two but I need to give them a bit more time to establish their pattern of spamminess. Title: Re: TrustUSD - misleading and full of fake coomments Post by: notblox1 on January 07, 2020, 11:53:21 AM I've never had success reporting these types of comments, but I did find plagiarism in the white paper and posted a warning there. Perhaps I'll tag some of the spammers that have receive a merit or two but I need to give them a bit more time to establish their pattern of spamminess. Thank you. They also did the same thing with their logo, but then they changed it after they saw I posted info about that. Title: Re: TrustUSD - misleading and full of fake coomments Post by: tippytoes on January 07, 2020, 12:08:34 PM I hope people are checking the trust of the OP before sending anything to this project. That alone will give them warning signal on not to spend any money on this potential scam in the making. Their European Coordinator linkedin profile seemed to be newly-created as he has only 3 connections.
https://i.ibb.co/59WffQ7/Screen-Shot-2020-01-07-at-8-04-07-PM.png Furthermore, their CEO has no profile photo in linkedin. And these CEO and CPO more than likely are brothers. Title: Re: TrustUSD - misleading and full of fake coomments Post by: tmfp on January 07, 2020, 10:52:17 PM "TrustUSD" (sic) appears to be a complete rip off of the late and unlamented Base/Basis nonsense stablecoin scheme (http://basis.io/), shorn of details of how the removal of the "bond" support* proposed there would be replaced, presumably by a
*think how security offering attitudes have changed in the 2 1/2 years since. That pile of unnecessarily complex garbage thinking, "bullshit baffles brains" was shilled by John Taylor (https://www.wsj.com/articles/what-you-need-to-know-about-john-taylor-1507850833) of Taylor Rule fame, and a nearly Head of the Fed if Trump had had his way. I note that the Dangermouse character behind this Trust (lol) thing likes to pose on Twitter in his MAGA hat. Just a couple of examples of completely coincidental ::) similarities which abound between the $132,000,000 failure 2017/18 "Basis" scheme (https://basis.io/basis_whitepaper_en.pdf) and the destined to fail 2020 "TrustUSD" copycat scheme. (https://unitedtrust.co/wp-content/uploads/2019/09/TrustUSD_EN.pdf) Quote from: Trust WP For example, to start off, 1 TrustUSD token is established to target $1 USD. TrustUSD could potentially even eclipse the dollar and be updated to peg to a consumer price index (CPI), similar to how central banks hit inflation targets today. The TrustUSD protocol accomplishes this by algorithmically adjusting the supply of TrustUSD tokens in response to changes in, for example, the TrustUSD exchange rate. This implements a monetary policy similar to that is also executed by central banks around the world, except we operate as a decentralized, protocol-enforced algorithm, without the need for direct human judgment as opposed to traditional banking algorithms. Quote from: Basis WP For example, to start off, 1 Basis can be pegged to always trade for 1 USD. In the future, Basis could potentially even eclipse the dollar and be updated to peg to a consumer price index (CPI) or basket of goods, similar to how central banks hit inflation targets today. The Basis protocol accomplishes this by algorithmically adjusting the supply of Basis tokens in response to changes in, for example, the Basis-USD exchange rate. This implements a monetary policy similar to that executed by central banks around the world, except it operates as a decentralized, protocol-enforced algorithm, without the need for direct human judgment.. Quote from: TrustUSD Measuring Exchange Rates with Oracle Systems Since the price of TrustUSD in the markets is exogenous to the blockchain, the system must rely on a decentralized or centralized price oracle to estimate the true exchange rate. There are multiple ways oracle systems can be implemented into TrustUSD: • Trusted Feed. This method is the simplest method that allows a source to upload real world exchange rates from large trustworthy exchanges to a smart contract. • Decentralized Delegation Feed. This method isn't 100% decentralized, but it allows holders of TrustUSD tokens to vote on a select number of price-feed uploaders. This method also can prevent price manipulation by allowing token holders to vote out users with bad intentions. Quote from: Basis Measuring the Exchange Rate First, we explain how the Basis blockchain obtains the Basis-USD exchange rate. Since this information is external to the blockchain, the Basis protocol must implement what is known as an oracle system, i.e., a system that uploads outside information to a blockchain. This can be implemented in several ways: • Trusted feed. The simplest approach is to have a single feed that uploads the real-world exchange rate to the blockchain, say from Coinbase, Kraken, or another large exchange. This is obviously a point of centralization, but it bears mentioning nonetheless. • Delegated decentralized feed. A semi-decentralized approach is to select a small group of feed uploaders by vote from holders of Basis... If any bad actor is consistently identified as trying to corrupt the feed, they can be voted out of the system by coin-holders .. Ad nauseum.. Title: Re: TrustUSD - misleading and full of fake coomments Post by: nutildah on January 09, 2020, 10:15:28 AM From the Maya Preferred 223 scam thread:
One thing about this MAYA crap that mildly interested me was the role of The Crypto Analyst in their pretty basic PR approach. ... "The Crypto Analyst" is Brendan Viehman (https://www.linkedin.com/in/brendan-viehman-843b32171?) a know nothing kid who claims, like all know nothing kids, to be Quote an experienced blockchain and cryptocurrency consultant that has worked with the field since 2011 where I began my journey. .From looking at him, in 2011 he would have been about nine. Anyway, nothing special, just another chancer in a crypto world full of them, but.... So, what is a short description of Maya Preferred? Let's go with "A pretend stablecoin listed on Saturn and Catex: minimal, low quality trading and no reason to exist other than P&D." Now let's look at Viehman's Linkedin again Quote I have worked with numerous companies and projects such as TrustUSD (TRUSD) Maya Preferred 223 (MAPR), Digital Fantasy Sports (DFS) TrustUSD? (https://bitcointalk.org/index.php?topic=5213446.msg53547884#msg53547884) So, what is a short description of TrustUSD? "A pretend stablecoin listed on Saturn and Catex: minimal, low quality trading and no reason to exist other than P&D." This might be a stretch but expounding on the Maya Preferred / TrustUSD connection: I noticed that Amy has changed her telegram name to Rainbow Brite Amy (RainbowBrite85) and has not been seen since the 2nd of Jan and does not appear to be an Admin no more. I think she more then likely took their last pay of $200-$250 and packed it in. She knows it is a scam and tried to make me look like an idiot to have money and lead the others down a dark path of being scammed. Edit: My suspicions where correct check out this https://ibb.co/C8pGcF6 she knew it was a scam all a long and did not care about anyone being scammed aslong as she got her money.... How evil. This person is a member of the TrustUSD Telegram group: https://i.imgur.com/SKJDTeO.png And apparently one of the spammers for the TrustUSD thread: Congratulations to the TrustUSD Team!!! This one is going to make it! This idea is phenomenal, and the people who are backing it up are strong! Only a matter of time before this explodes. What are the chances that this person is also Brendan Viehman or part of his promotional team? Regardless, their involvement is another sign that this project is a scam. Edit: added a flag (https://bitcointalk.org/index.php?action=trust;flag=1214) against this project. Title: Re: TrustUSD - misleading and full of fake coomments Post by: notblox1 on January 09, 2020, 04:39:39 PM I am supporting your flag @nutildah
I will not post in thier ANN topic and bump it up anymore. It is full of 'trusd protectors' Title: Re: TrustUSD - misleading and full of fake coomments Post by: tmfp on January 13, 2020, 02:17:14 AM I will not post in thier ANN topic and bump it up anymore. It is full of 'trusd protectors' I will and just have (https://bitcointalk.org/index.php?topic=5205460.msg53589656#msg53589656), because it's getting exposure for our observations for any newbies searching for it. Also, stupid shills post stupid shit if you engage them. Stuff gets drowned in Scam Accusations these days, I usually cross post into the main threads too. Title: Re: TrustUSD - misleading and full of fake coomments Post by: Antoni4EVA1984 on January 18, 2020, 01:09:43 PM Looks like Amy has changed her username once again to not be found, what a scum bag she is............. Anyways here is her new Telegram username @RainbowBrite5153
Title: Re: TrustUSD - elastic? stable? asset? Post by: tmfp on January 29, 2020, 05:34:33 PM Crosspost from here. (https://bitcointalk.org/index.php?topic=5205460.msg53732743#msg53732743)
Elastic, yes. Stable, no. Asset, lolol. Apparently, this is a bull flag... :D Quote from: TG, Rob, the man with all the answers The reason people are dumping is simple... they're reading this chat, watching you all scared and they know they'll be able to get you to panic sell and get filled lower... Just as well that they're allQuote professional investors then.....Anyhow, good to see the lemonade stall boss Kalen has been so hard at work for the last four days, it's almost as if he's disappeared. Title: Re: TrustUSD - misleading and full of fake coomments Post by: Stalker22 on January 29, 2020, 08:33:35 PM Supplying an additional plagiarism report on top of the accusations listed above. @notblox1, please update the original post and topic title with this new information.
What happened: Large parts of the TrustUSD whitepaper have been copied from Saga project (among others) word-for-word. No links to resources used. TrustUSD Whitepaper: https://unitedtrust.co/wp-content/uploads/2019/09/TrustUSD_EN.pdf Archive: https://web.archive.org/web/20200108123500/https://unitedtrust.co/wp-content/uploads/2019/09/TrustUSD_EN.pdf Saga Whitepaper: https://m.saga.org/static/files/p/--752c799b-b6b6-4e0f-bce2-6b9627a0539d_saga%2Bwhitepaper.pdf https://i.imgur.com/wlyktQW.jpg I haven't checked the rest of the WP, reportedly there are more copy/pasted content from other sources. I think there is no need to give more evidence, above is more than enough. Title: Re: TrustUSD - misleading and full of fake coomments Post by: tmfp on January 29, 2020, 08:51:17 PM I haven't checked the rest of the WP, reportedly there are more copy/pasted content from other sources. I think there is no need to give more evidence, above is more than enough. Indeed. Apparently Kalen Dangerfield (the CEO of the non existent United Trust co, "the American made and regulated, fully transparent and registered to the US government company" that operates TrustUSD) Maybe he's bought some text spinner software. Title: Re: TrustUSD - misleading and full of fake coomments Post by: notblox1 on January 30, 2020, 01:28:58 AM Supplying an additional plagiarism report on top of the accusations listed above. @notblox1, please update the original post and topic title with this new information. Thank you for posting additional information! Title: Re: TrustUSD - Plagiarism - misleading and full of fake comments Post by: Antoni4EVA1984 on January 31, 2020, 03:29:27 PM Looks like Supreme Admin of Maya Preferred shilling this TrustUSD Amy Edgell AKA RainbowBrite, Aedgell61364 or what ever name she is going by now here has emptied one of her bag holdings of TrustUSD 2 days ago lol nice to see she dumps a project she SO believes in and then dis-regards all the other poor people getting scammed as long as she makes a buck. This woman is some peace of work. No good afterlife for her I can guarantee that.
From here https://etherscan.io/address/0x3d83e749238ef28d361d1260f64c982a29f140a7#tokentxns To here & then Catex to dump https://etherscan.io/address/0xe74d015d0ef90f19d2f41a599b411e7f6fc4536f#tokentxns Naughty Naughty Amy. You can not hide your scammy actions from me. ;D Title: Re: TrustUSD - misleading and full of fake coomments Post by: tmfp on February 26, 2020, 11:07:54 AM I haven't checked the rest of the WP, reportedly there are more copy/pasted content from other sources. I think there is no need to give more evidence, above is more than enough. Indeed. Apparently Kalen Dangerfield (the CEO of the non existent United Trust co, "the American made and regulated, fully transparent and registered to the US government company" that operates TrustUSD) Maybe he's bought some text spinner software. Just a quick update on this "stablcoin's" progress. No "Supply Adjustment" information for a month. No new whitepaper. (Still haggling on MechTurk?) The price is languishing around 10 sats and Dangerfield's absence (nearly a month) has been explained by the death of his grandmother. He is too grief sticken to update or post anything for his dwindling band of bagholders, but strong enough to retweet MAGA crap on his Twitter feed (https://twitter.com/realKalenDanger). He's left our MAYA pumping YouTube "analyst" in charge of the depressed TG group, who has established that it couldn't possibly be an exit scam because bagholders still have 40% of the worthless token issue. I suppose that makes sense to somebody. Brings to mind the old poker quote "If you can't see who the sucker is, then it's you." Title: Re: TrustUSD - Plagiarism - misleading and full of fake comments Post by: notblox1 on February 27, 2020, 01:27:20 PM They are also not in Telegram and some guy @BrendanViehman is in charge there now.
Title: Re: TrustUSD - Plagiarism - misleading and full of fake comments Post by: tmfp on February 27, 2020, 02:37:55 PM They are also not in Telegram and some guy @BrendanViehman is in charge there now. On the subject of Mr. Viehman. He, along with others in this scheme, was/is also involved in the MAPR/U.K.Financial/DFS scam. One thing about this MAYA crap that mildly interested me was the role of The Crypto Analyst in their pretty basic PR approach. Apart from various prnewswire type press releases, Dahlke never used much in the way of third party shilling for his scam (apart from clumsy occasional alt accounts), except for the You Tube channel of The Crypto Analyst. There's nothing special about the other vids released there, pretty basic and inaccurate pseudo TA droned out like on many other worthless channels, but what TCA did also do was continually shill any U.K. Financial scheme going, MAPR, MAYA, DFS etc. It had minimal views and zero value, but I wondered where it fitted into the overall narrative. "The Crypto Analyst" is Brendan Viehman (https://www.linkedin.com/in/brendan-viehman-843b32171?) a know nothing kid who claims, like all know nothing kids, to be Quote an experienced blockchain and cryptocurrency consultant that has worked with the field since 2011 where I began my journey. .From looking at him, in 2011 he would have been about nine. Anyway, nothing special, just another chancer in a crypto world full of them, but.... So, what is a short description of Maya Preferred? Let's go with "A pretend stablecoin listed on Saturn and Catex: minimal, low quality trading and no reason to exist other than P&D." Now let's look at Viehman's Linkedin again Quote I have worked with numerous companies and projects such as TrustUSD (TRUSD) Maya Preferred 223 (MAPR), Digital Fantasy Sports (DFS) TrustUSD? (https://bitcointalk.org/index.php?topic=5213446.msg53547884#msg53547884) So, what is a short description of TrustUSD? "A pretend stablecoin listed on Saturn and Catex: minimal, low quality trading and no reason to exist other than P&D." TBC... |
