 Originally published on https://shitcoinoffering.com/stox-ico-mayweather-gotten-another-scam/Let’s sort out the details of this weekend’s notorious cryptocurrency scandal. This weekend the crypto world witnessed a rather unpleasant high-profile event. The Stox startup was accused of fraud, while the STX token hodlers were warned about an upcoming exit scam. The company responded with a threat to sue the authors and assured the community that a bright future lies ahead. This is Shitcoinoffering’s attempt to figure out who should we trust, and most importantly, what should we do. What is Stox? It’s a platformthat predicts and forecasts the outcomes of sports, political and business events. A robust PR-campaign with the one and only Floyd Mayweather Jr. helped to raise 33 million dollars of investments in August 2017. STX token (ERC20) was being sold at $1,1 during the sale. The founders promised that it’s gonna be the most popular DApp in the world. retired covetous boxer almost got locked up because of promoting the Centra Tech scam. As to the Stox app, it’s got a long way to go before reaching the DApp top. As to the STX token, well it was constantly falling. Until it finally reached 4 cents. That’s to the moon for ya, guys. The team is trying to get out of this sticky situation with all sorts of contests, giveaways and gifts based on the FInney blockchain, which belongs to friendly company Sirin Labs. No luck so far, too many fuckups. (Hi, admin! I guessed 5 results, but they are all canceled. Could you tell me who can fix this problem?) What happened during the weekend? A warning post about the upcoming Stox ICO exist scam was published on Reddit. As evidence they provided info that Stox partners Amazix and Commonlogic left the project and that one of the Israeli offices was closed and all staff got fired. Besides that, they showed transactions, where supposedly, the Stox bosses are revoking their tokens from their partners. In a few hours after the post got published (as the barely living shitcoin’s price continued to fall), the Stox founders responded that this info is outdated, you shouldn’t trust these guys and threatened the authors to file a lawsuit. However, they announced that they did actually fire the Israeli team. And that the partnership with Commonlogic and Amazix was put on hold. Who are Moshe Hogeg and Shay Ben-Asulin? Along with the Stox team, the author accused the project’s advisor Moshe Hegog of dumping STX tokens. Moshe is a famous figure in the crypto currency world, he’s the founder and CEO of Sirin Labs, those smartphones which run on Finney blockchain. The PR-strategy of the startup was similar to Stox. They also had a star promoting the project (in that case they had Argentinian footballer Lionel Messi), which helped them make a hell of a lot money during the sale, more than 158 million dollars. Their expensive (prices start from $999) smartphone isn’t ready yet. They are planning to make it in collaboration with Huawei and it will be the most protected smartphone in history. But there’s no to the moon here either. From the sale, they token’s price dropped more than 10 times. There’s a common opinion that Stox is an invest.com project. Some time ago, they’ve bought a binary exchange AnyOption. It was a straight up scam from Shay Ben-Asulin, a person who has problems with the law not only in his home country Israel, but also in the USA. Of course Stox is trying to deny connections with him. But in the light of the recent event, it’s hard to believe this. What should we do? All that’s left for Stox and Sirin Labs token hodlers is to feel sorry for them. For those who didn’t get into this mess - remember the team member’s names, advisors and partners. We’ll hope that both projects will show themselves from a better side and will pleasantly surprise us. But for now, this doesn’t look good. What do you think? Investing in a scam - a shitton of money. Subscribing to Shitcoinoffering - priceless. Tell us what you think about our investigations in the comments. If they still aren’t enough for you, we can always do some research on an ICO that has caught your eye. For free, honestly and from the heart. Together we will prevail! In Blockchain we trust! |
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 These frauds talk about cheap and ecological mining, accept any type of crypto currency, promise to make 7x in 3 years and each week they pay hodlers as a reward. All of this for 80 million dollars for a sale that will last a year.Hello to one and all! We would like to present our new friend and colleague, who drew our attention to an ICO project Togacoin. We rolled up our sleeves, put on our thinking caps and excitedly began to research this project. But our scam-detector went off even before we got to the whitepaper. Here’s why. Pretty soon we’re all gonna get a fever just by reading these words. Swiss Alps Mining, Securix and now Togacoin. Everyone is reassuring that they will succeed with with the help of “green energy”. But these are just words. “Green” trains are roaming the Netherlands without any ICOs. And wannabe miners are just jumping the bandwagon and are trying to screw over naive guys and tree huggers. The legend has it that in Tenerife (Canary Islands, Spain) there’s a lot of sun, wind and appealing tax benefits all year long. That’s why Togacoin founders will build a huge farm, that will mine crypto by using wind energy and solar power. Specially made for Sim City lovers. What kind of video is this anyways? In my childhood I built things that were way more interesting. Guys, where’s the Jacuzzi? The pre-sale price for 1 TGA coin is $0,45, now it costs $0,75, and ultimately the price will increase up to 1 dollar. Now pay attention! The sale began on July 4th and will end on May 1st of next year. Are you kidding me? Here we are, bitching people that can’t manage to sell everything in a few months, but Togacoin’s process lasts for a whole fucking year! How may investors will make it to the finale? Btw, they accept almost everything. It’s the first time I see something like this. Is it even legal? At least the calculator (oh how I love “imagine yourself being a millionaire” revenue calculators) counts investments and profit only in dollars 🙁 It’s that easy to make 7x just in 3 years! Awesome, isn’t it? Actually, at this point the jigsaw had fallen into place. 15 payments to hodlers for reaching a milestone soft cap? What kind of sorcery is this? You’ve been reading too many George C. Parker memories. It looks like a giant mindfuck. The founders didn’t put much thought into allocating the funds. Development, administration and marketing don’t count as project realization? Wow, thanks for this eye-opening revelation! We need to go make some memes now 🙂 They want to issue at most 120 million tokens. If they will be sold during all phases of the sale, they will make about 80 million dollars. Not bad for some Italian nonames, who are attempting to build a super profitable eco-mining farm on the Canary Islands. Btw, we haven’t mentioned anything about the team yet. The startup has 4 co-founders. Almost like HOQU 🙂 Two of them are working for a service that helps create websites Misterdomain (judging from this source, it’s kinda so-so). The third one doesn’t give a fuck about his LInkedin. The fourth one represents Dead Poet Society. I’m kidding, he’s just the namesake of an Italian poet, who died on a quiet night in 1974. We couldn’t find anything about blockchain, mining or green energy in their CVs. We accidentally found the slogan for their project in their Telegram chat. How to earn bitcoin in this group? 🙂 We’re gonna stop here. Don’t give a penny to this scammers and warn your friends too. Read, love and subscribe to our social media pages. Take a step towards living a scam-free life, subscribe to our newsletter! Tell us what you think about our investigations in the comments. If they still aren’t enough for you, we can always do some research on an ICO that has caught your eye. For free, honestly and from the heart. Together we will prevail! In Blockchain we trust! |
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you should add Shitcoin Offering as a scam killer  |
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Haha  By the way, I didnt make any review on Shitcoin Offering where he was involved in ...  |
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Hello guys,
I am the moderator of orbis transfer thread. The Admin needs to take into consideration that many people here make unfunded acusations. This section need to be regulated and administrated properly. We have a scam acusation that the company administrators are part of many ico scams. Crypto_info member posted an acusation like this without knowing that these people actualy help foreigners open legit companies in Estonia.
This section is dangerous for legit projects.
Projects that fail are called scamms. Why?
88% of crypto crowdfund projects fail because of lack of funds not that they are ment to be scams.
People. Try to understand that if a team member doesen't have In profile or github is not updated that doesen't mean it is a scam.
Many ptojects are good and people are part of start-ups, trying their luck in entrepreneurship and fail because of lack of funds and luck.
Only 10% of projects are actually scamms. 82% are entrepreneurs trying to make a business.
Thank you,
Frustrated member!
New ICO start-ups should create new promising technologies while they just copy similar projects No new ideas, no MVP, fake teams, no Github, bad marketing strategy, roadmaps have no clear and effective stages... That are key points how to launch successful ICO project. Most of upcoming and released projects are just created to make money and scam investors  That's why we have created Shitcoin Offering - to prevent people being scammed and make them start investing in real promising projects! |
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 I already was unhappy with this scam project since last week! Joined bounty but never got stakes for hilarious reasons they made A good project needn't a bounty program  |
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You made this topic interesting and we will right about every point in details soon We don't plan to respond on every phrase that we are scam or similar but this time we'll try to deal with it |
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Haha, you're funny |
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Hahaha! nice article! PS. guys, for god's sake - fix your markup Haha  It's to make you read it on the website |
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 Originally published on https://shitcoinoffering.com/cognida-ico-dont-trust-balina/The time when a startup behind one of the top 15 upcoming ICOs shit on all of its deadlines for rolling out a product, blew off its social media pages, made its sale into an open-air market and packed itself with very strange characters.We bloody love rankings. Where’s Marshall Mathers’s latest album in the charts? How far is McGregor behind Khabib? Did Pepsi ever get the better of Coca-Cola? 😀 It’s the same with crypto. There are loads of ranking lists that claim to show just how awesome certain startups are. A lot of dudes believe them. One day we ordered some pizza together (it was Splinter’s idea) and decided to check whether it’s worth taking guidance from these charts. The project Cognida was chosen at random. It’s not a chart-topper yet, but is apparently among the 15 most anticipated ICOs. We did some Googling and found out that it’s a data security system that runs on blockchain. What’s more, it can work on any existing blockchain. Agnostic, as they say. All in all, the boys need 20 million bucks and to this end they’ve issued 550 million tokens, 54% of which have been put up for sale. It’s anyone’s guess where they sent a whopping 10% of the tokens and why. It’s unlikely that the only buyer so far put down 4 million bucks. Or have they overpaid their advisers? 🙂 By the way, this is the only official info regarding the tokens and their intended use. There is no sign of a Distribution of Funds or any other traditional ICO stuff. The sale is interesting too. No discounts announced for the private phase, delays and stupid explanations. It turns out that the sale has been going on for ages – it didn’t actually finish on 20 July, but it’s top-secret. Deals are made in private messages. More like a farmers’ market than blockchain. As we can see, they were supposed to launch a completed network on 20 July. They have not. The same goes for many other promises. No fucks have been given about any of the roadmaps. By the way, which one of them is up-to-date? Looks like they’ve fucked up either way 😀 The news page only mentions conferences. That’s obviously their number 1 priority. It is uncertain which phase the project is currently in. Phase zero, we think. Why else would the team still be hiding their GitHub page, which they promised to make public before the sale? What should the product be? In their words, “reliable solutions on blockchain that make it possible to solve increasingly complex information exchange issues blah-blah-blah”. They even drew us a picture. Nevertheless, the guys haven’t really put much effort into justifying the need for all this bullshit. They’ve just put that it’s cool coz blockchain and paid for some posts on crypto resources that warn about long-term investments. But they need cash for that. And a token. The rationale is, of course, a clusterfuck. Really looks like a shitty scam. More predictable and stable service costs? Have you lost your fucking minds? More predictable than Bitcoin? You don’t say! It’s strange they’re not promising a certain 100500x by the end of the year. The Facebook and Twitter pages are poor, as if it weren’t a hyped ICO project, but a Rastafarian store in Alabama. Obviously, good work on social media does not rule out the possibility that a project is a scam. Ubex is great proof of this. But our confidence in the fact that Cognida really is a hyped-up startup is fading fast. To be completely fucking honest, it’s already disappeared completely 😀 Do you agree that only very inept people could come up with such a shady pile of wank? Let’s see who they are. Michael Hathaway is the co-founder and CEO of Windmill Enterprise. He has exactly the same name as Hollywood actress Anne Hathaway’s brother, a little-known writer. Facebook is teeming with namesakes too. So some suspicion creeps in: is this Michael Hathaway real? LinkedIn shows that he graduated from Harvard and founded a company that no longer exists. He worked for a company whose website doesn’t work. Then he managed a sketchy (it changed its name and had obscure clients) company alongside his current ICO partner at Cognida. And a year ago he finally founded Windmill Enterprise. To hold the ICO. Just look at how the timeframes of the two projects coincide. Not much is really known about Hathaway’s partner. The guys claim he’s written a best-selling book about blockchain. But if you dig a little deeper, it turns out that our Bing was just the co-pilot, i.e. co-author (if that’s actually him, of course). And the book is in 1,140,157th place for downloads on Amazon. Are you sure it’s a bestseller? There’s another Byington in the project, Dustin. Most likely Bing’s son. He’s an adviser for Cognida. Facebook and LinkedIn claim that he was president of Wanchain itself. He left in May. Another adviser is a current Wanchain employee, Oliver Birch. Such are the traces of Chinese influence on the project. Another of the founding fathers, Wayne Lawyer, has hidden information on his LinkedIn profile concerning all projects linked to Hathaway – 3 organisations and 5 years of his life, don’t you know. Indeed, Wayne only mentions IBM, HP and Dell. Kind of weird. Here’s the development team. Straight out of old TV series: Dallas, Santa Barbara and Twin Peaks. The one on the left is definitely a maniac who dismembers his victims in a bath of acid. Today we got the job done pretty quickly, so Cognida doesn’t deserve any more from us. The boys paid for some high ratings from bloggers (Balina, your greed knows no bounds) and a few positive posts. But at the same time, they forgot about the foundations. Come on, make a decent community, show us a semblance of a product, prove that the idea and token are valuable. Don’t blow your deadlines, for God’s sake! Moral of the story:Friends, don’t believe in rankings: the example of Cognida shows they’re not worth a single coin from your wallet. So analyse ICOs yourself and send us your findings. We’ll post them all, because blockchain is the future and we won’t let these arseholes ruin it.You can real the full article on https://shitcoinoffering.com/cognida-ico-dont-trust-balina/P.S. And don't forget to join our Telegram channel (http://t.me/shitcoinoffering) and chat (http://t.me/shitcoinofferingchat) to discuss this topic |
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 Originally published on https://shitcoinoffering.com/breaking-shitcoinoffering-teams-statement/Dedication to Bitcoin’s 10th Anniversary Shitcoinoffering is a non-profit organization founded by crypto enthusiasts in October 2017. The goal of Shitcoinoffering is to increase humanity’s level of trust to blockchain and cryptocurrencies. The selected methods of Shitcoinoffering is to withstand some tendencies in the blockchain world. More specifically to combat fraudulent ICO founders and crypto exchanges. This year was both difficult and exciting for us. The first ICO investigation turned out quite naive. Thankfully, not a lot of people read them 🙂 But we expanded, and our audience continued to grow. We get messages daily from readers, who ask us to take a look at different projects and to render our verdict about them. If we think that a startup is good, we inform the reader about it privately. If not, then this startup ends up on our website or Medium. KuCoin banned our Twitter, but we started a new one. Reuben Godfrey joined our chat, bitched us and went on to create more projects. We hope those are honest ICOs this time. We didn’t want to purposely send into free fall the price of HOQU and UBEX tokens. This wasn’t our goal. We wanted people to know the truth about these projects. But honestly, this can be painful from time to time. We had no choice but to expand. English is not the only language spoken in the blockchain world, that’s why we created a Russian and Chinese version. These countries have a great interest in cryptocurrencies and an endless amount of scammy projects. We plan to create a Spanish, French and many other versions so that people all over the world get the chance to understand us. Also, very soon we’re going to have a new beautiful website. Any progress requires resources. Right now we are keeping the project alive with our own money. But we could use some help. That is why we have created wallets for donations. You can send your crypto here: Bitcoin: 1Q5je9QK3maYPT3rNgdBrbA8eiUwEuwQ9i BCash (yeah, that too): qzdkdqga35nxn7klmxh57dl6yh9l3rhe3s7uy2kczx Ethereum: 0x0c870e3c162097D3600e710109139C766a594E7d Besides this, we’re ready to accept applications for placing banner ads and paid publications. But, each member of Shitcoinoffering promises to adhere to the following rules: Each paid article will be posted with a “sponsored” tag. Without exceptions, even for Roger Ver 🙂 In the case of ICO advertising, we will conduct thorough research. If it looks like a scam, it will automatically get posted to our website, probably without a positive description, but definitely for free. The same rules apply for banner ads. We are already writing positive articles. It’s a big responsibility, but we’re already feeling confident about it. Never and for no amount of money will we harm the crypto investor. We will try to keep up with conducting researches of popular ICOs before the sale phase. Everything that is known to us, is known to our readers: this is our key motto, until the end of time. In blockchain we trust! |
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I've recieved this e-mail from an cryptofriend of mine and encouraged by @shitcoinoffering i would like to share this with the community. Forward, comment or help to spread the words against such heartless egoist - Gian-Carlo Collenberg and Ramon Simon
Dear Dobitrade Team, Over the years, you’ve established yourselves as one of the fastest growing and most trusted cryptocurrency exchanges. Your high level of scrutiny before enlisting any cryptocurrency on your exchange has been the gold standard for the industry. However, your reputation in this regard may be at stake, going by the most recent news of you contemplating listing Giracoin/Girauno on your exchange. As you may be aware, there are an endless number of fraudulent cryptocurrencies in the market, and I would like to bring to your notice the fact that Giracoin/Girauno is one such cryptocurrency. You would be well advised to carry out a thorough background check of the founders - Gian-Carlo Collenberg, Ramon Simon - of the cryptocurrency and their credentials, before taking a call on enlisting them on an exchange as reputed as Dobitrade. Do read through the inputs below and check the facts listed to support and justify this claim. Giracoin/Girauno is an MLM CoinAn MLM Coin, which until recently was a closed Blockchain, Giracoin/Girauno has wilfully wronged various investors, fleecing them of their hard earned money, by constantly and shamelessly leveraging their ‘Swiss’ origins. The company has time and again closed accounts of members who trusted the company with their time and money. There are various pending charges levied against Gian-Carlo Collenberg and Ramon Simon in Switzerland. One such pending lawsuit against Gian-Carlo Collenberg is that of swindling an investor of 4.5 million Swiss Francs. The founder has since resorted to a much more subtle, yet blatantly shrewd new tactic of fleecing a larger number of investors of relatively smaller amounts, so as to avoid drawing attention towards its illicit activities. Gian-Carlo Collenberg cruely jeopardising lives of newborn with SwSI Medical AGGian-Carlo Collenberg—the CEO of the company—earlier formed a company called SwSI Medical AG that has a notorious reputation of selling defective products such as rusty and deformed cannulas, jeopardising the lives of newborn babies. German article in Newspaper: https://m.derbund.ch/articles/5a591485ab5c372a94000001German article in of the well known Newspaper: Published documents and proves that Gian-Carlo Collenberg even hired hitman to silence the investor and draw back the lawsuit. http://www.starke-schule-beider-basel.ch/Files/BAZ01-0504-026.pdfGian-Carlo Collenberg Scamming tacticsFurthermore, Gian-Carlo Collenberg is infamous for launching new companies, scamming investors and subsequently liquidating it. https://www.easymonitoring.ch/handelsregister/universe-cars-gmbh-1233573Read also https://bitcointalk.org/index.php?topic=4861923.0 to further back this claim. Often, he has been known to utilize the investments of unsuspecting investors in one particular fraudulent project for funding another. https://beta.companieshouse.gov.uk/officers/ru69vQlqJzoO6HOT_4pVvWdWLbU/appointments Do find attached herewith, the brochure circulated among the team, detailing the proposal of the MLM plan. Also attached for your perusal is the screenshot of the chat between the founder and networkers, explicitly advising them against posting anything in Dobitrade chat which would reveal that it is an MLM Coin. Earliest Brochure promoting MLM System: https://www.slideshare.net/RobertoHintermann/giracoin-brochure-englishLatest Brochure: Attached A sample link for Registering MLM Partner: https://portal.giracoin.com/partner/leader2020It might interest you to know that most of the accomplished advisors who were attached with company during its inception, severed all ties with it on learning of the various scams linked to the founder and on realising that Giracoin/Girauno is also going down the same path. This information has largely been withheld from being publicised. However, you could reach out to the original team of advisors to get a better understanding of the ground reality. https://nulltx.com/gira-financial-announces-advisory-board-composition/https://giracoin-mining.com/blog/en/george-schmidt-se-une-al-comite-asesor-senior-de-gira-financial-group-ag/ Korfmann, Rytz, Schmidt, and Katz are some of the many noteworthy names that disassociated with the company shortly after its inception. You could use https://www.riskscreen.com/ or any similar service to get further insights on the founders of the coin. I am an avid follower and user of cryptocurrency and distributed ledger technology, and truly believe in its incredible potential to do good. I haven’t a doubt that in light of the new information shared with you, you would revisit your decision of enlisting Giracoin/Girauno on Dobitrade, so as to not be linked with such a highly notorious and fraudulent company. Thanking you. Yours sincerely, An extremely perturbed Cryptoenthusiast Damn, forgot to post it here  Posted in Telegram channel https://t.me/shitcoinoffering and Reddit! Thanks for doing it! |
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Some of the infos mentioned are simply not true. Proof-of-concept is on the roadmap. Bitpanda is not listed on CMC not because of their volume, but because the are a broker. "Exchange Listing" was never part of the roadmap.
Maybe but it makes project more suspicious... What can you say about other facts? everything would be adhered to and that are the facts. You just have to inform yourself what apparently he author of the article has not done. Everything is documented, Road Map would be adhered to. What's suspicious about the project? Just because pan is currently available on one broker... "fyi" Bitpanda is a very safe and respected broker in europe. "very safe" and where is the volume and users ? Guy, come on! If you disagree somewhere, tell what, why and attach proofs! We made a review based on real facts and it is objectively  |
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