Bitcoin Forum

What happened: PLAGIARIZED WHITEPAPER

Profile Link: https://bitcointalk.org/index.php?action=profile;u=2853289
YFX Token ANN: https://bitcointalk.org/index.php?topic=5275320.0
YFX Token ANN ARCHIVED: https://archive.fo/f5hNl
YFX Token WEBSITE: https://yearn2.finance/
YFX Token WHITEPAPER: https://yearn2.finance/files/whitepaperyfi2.pdf

FLAG: https://bitcointalk.org/index.php?action=trust;flag=2320


READ: After giving them a day to reply on my comment about their plagiarized whitepaper, he did not give any answer and ignored my post.

Copied contents:
https://www.yfive.finance/
https://zzz.dance/

https://i.postimg.cc/wvz0SKs5/Screen-Shot-2020-09-12-at-6-52-26-PM.png

---

https://i.postimg.cc/tT9NBhL2/Screen-Shot-2020-09-12-at-6-52-42-PM.png

---

https://i.postimg.cc/ZnMPYX0M/Screen-Shot-2020-09-12-at-6-52-53-PM.png

EDITED: Added the domain info provided by AhmadM

Good catch guys, well this is just a small project that keeps trying to match the Yearn project but still a lot of scamers keep coming up with new names but the prefix remains the same, oh really uneducated this way they do anything to get the money.

I will support the flag if marked by the OP thanks.

Oops! Thank you for reminding me about the flag! Despite small projects made by these scammers, they still have the potential of attracting investors who are not too careful in investing their resources. It is actually ridiculous that these scammers do everything, even the dumbest thing, just to take advantage of people and get money.

You can now support the flag that I updated! Thanks again!

The purpose of such projects is to deceive the investors only, I am amazed at the people those who invest in such projects and hope for a big profit even though they cannot write their own whitepaper.  :D let's wait what excuse comes from the team.

Anyway good catch @qwertyup23, I supported your flag
 

No doubt it is just another shit project who relying on the magic words of "defi", furthermore as you can see on their website info above they only registered it only a year. It is clear enough that the project will not run for long terms and they will run away after their bag has fulfilled with the funds of investors.

@CryptoYar I also a bit wonder with the responses of the team but high likely they will not response it since from the beginning they already ignored the caution from OP.

Flag supported, I hope some more DT members will support the flag and make it active. Of course this post bring up this thread and to the view so that if someone missed it already they will not miss it again.

This year string of projects seem to following this same naming pattern. I wonder if there is something suspicious to the name. Is there a legitimate project of the name yearn? In any case it is a copy pasted whitepaper and thus a scam. But a newbie coming to this site will never suspect this and thus will be able to scam some people of their money.

I have just checked their ANN thread and interesting is that they have made another ANN on Indian local board (https://bitcointalk.org/index.php?topic=5275336.msg55181242#msg5518124). Although i have already posted an reply there including this thread link and hope no one from Indian local board will waste their time and money by investing on this project.

Flag supported from my end.