Title: Another exit scam (Genesis Token) Post by: CryptoYar on January 26, 2020, 08:20:05 AM I wonder everyone who believes in cheating more than hard work?
Is their aim to eat the money of others? Today I have another scam project which I have been monitoring for the last three days; Their website is not working for the previous three days. And when I went to the telegram, I saw that people were sharing their referral links there. ;D It means that the community manager is not active. Token information: Name: Genesistoken Website: Not Working (https://genesistoken.co/) Announcment Bitcointalk (https://bitcointalk.org/index.php?topic=5067780) Twitter: Last Retweet in Feb 2019 (https://twitter.com/Genesis_Token) Team Wallet:Check Here (https://etherscan.io/token/0x0f767338244418310342d49b02183715691d988f) Market:Coingecko (https://www.coingecko.com/en/coins/genesis-token) Exchange:Hotbit (https://www.hotbit.io/exchange?symbol=GENT_ETH) Domain Info: Code: Domain Name: genesistoken.co Ultimately, I hope this post will be helpful to some people; This is my first investigation hope you will like it Title: Re: Another exit scam Post by: noorman0 on January 26, 2020, 02:47:16 PM I appreciate your efforts and hope you understand about "scam" and "fail". I've visited their telegram and thread and found no people have come up with comments that have been scamed by this project.
I don't know whether they were successful with their token sales or not. But AFAIK, most fraud projects don't get their tokens listed on the exchange (unless it's a new exchange project and is listed on the exchange itself). Even if there is, it's a big problem for exchanges that have listed this such tokens, so exchanges that care about reputation will immediately delist these tokens. So far I only assume this project has failed to continue its mission. That's why the team is no longer active and the website and community media are neglected. Going forward, you should provide more concrete proof that leads to the act of fraud itself such as document plagiarism, fake team profiles, chat/ documents snapshot, etc. (don't worry you can't post pictures, someone will quote it). You can search for accusation thread from other valid threads in this board. Can't wait for your next thread ;) , let's catch the scammers. Title: Re: Another exit scam Post by: nutildah on January 26, 2020, 03:15:57 PM On top of what noorman0 said, I recommend writing the name of the project you have a problem with in the subject title. It will make it easier to find and to reference going forward.
In your case, the website is genesistoken.co and the project name is Genesis Token (don't be afraid to write these details in your scam accusation). Also, you need to describe how you were scammed by this project. Thanks for your understanding. Title: Re: Another exit scam Post by: CryptoYar on January 26, 2020, 03:44:27 PM I appreciate your efforts and hope you understand about "scam" and "fail". I've visited their telegram and thread and found no people have come up with comments that have been scamed by this project. I don't know whether they were successful with their token sales or not. But AFAIK, most fraud projects don't get their tokens listed on the exchange (unless it's a new exchange project and is listed on the exchange itself). Even if there is, it's a big problem for exchanges that have listed this such tokens, so exchanges that care about reputation will immediately delist these tokens. So far I only assume this project has failed to continue its mission. That's why the team is no longer active and the website and community media are neglected. Going forward, you should provide more concrete proof that leads to the act of fraud itself such as document plagiarism, fake team profiles, chat/ documents snapshot, etc. (don't worry you can't post pictures, someone will quote it). You can search for accusation thread from other valid threads in this board. Can't wait for your next thread ;) , let's catch the scammers. Ok my friend i will try and make a better post than this next time Title: Re: Another exit scam Post by: noormcs5 on January 26, 2020, 05:02:10 PM I appreciate your efforts and hope you understand about "scam" and "fail". I've visited their telegram and thread and found no people have come up with comments that have been scamed by this project. I don't know whether they were successful with their token sales or not. But AFAIK, most fraud projects don't get their tokens listed on the exchange (unless it's a new exchange project and is listed on the exchange itself). Even if there is, it's a big problem for exchanges that have listed this such tokens, so exchanges that care about reputation will immediately delist these tokens. So far I only assume this project has failed to continue its mission. That's why the team is no longer active and the website and community media are neglected. Going forward, you should provide more concrete proof that leads to the act of fraud itself such as document plagiarism, fake team profiles, chat/ documents snapshot, etc. (don't worry you can't post pictures, someone will quote it). You can search for accusation thread from other valid threads in this board. Can't wait for your next thread ;) , let's catch the scammers. Ok my friend i will try and make a better post than this next time Being a newbie, you did a good work spotting a scam token. If you mission is to caught more scam tokens, it is better that you create a new single thread and add the scam token there with evidence. This will help to locate those scams coins at a single place. Title: Re: Another exit scam Post by: CryptoYar on January 27, 2020, 04:33:58 AM Being a newbie, you did a good work spotting a scam token. If you mission is to caught more scam tokens, it is better that you create a new single thread and add the scam token there with evidence. This will help to locate those scams coins at a single place. I am learning, I want to be better, I am learning how to use quotes, and all these things. |