I saw an exceptionally bad post being ridiculed in the
Wall of fame / shame thread in Meta and decided to take a look into the poster.
It turns out they were part of a bumper farm whose job had recently come to an end. For the last year, they had been spamming for a project called
ILCoin that on the face of it looked like an ordinary shitcoin.
However, diving beneath the surface I found that it is actually the front for a long-standing MLM scheme called
Ilgamos (here is their
Facebook page). It has roots all the way back to 2012, then somewhere along the way decided to incorporate cryptocurrency into their sales pitches.
The first reference to it on the forum I found dates back to
Dec 2016. Here's a review of it translated from Russian, from a thread titled "
ILGAMOS "ILCOIN" ATTENTION CAUTION SECT DOES NOT PAY SCAM!" (also translated):
ILgamos is an English-language disguised financial pyramid launched on November 25, 2015. The official site #ILgamos is located at
https://ilgamos.com/ , unfortunately, there is no Russian language there. As mentioned earlier, this project is designed for an English-speaking audience, which is strange in principle, given the traditional popularity of the financial pyramids of the Russian-speaking population in the world, in view of the desire of our compatriots for profit. But back to the recall.
ILgamos, also known as Ilgamos, is essentially modern #network marketing on the Internet. The project has 2 types of products / investments - gold and cryptocurrency IL-coin. Due to the fact that both of these products are not in demand in the real world and no one would buy them without promises of earning money, then we ranked ILgamos as masked # pyramids. Although this does not mean that the company does not pay or deceives its investors. "Sect" # ilgamos changed the marketing plan and pays only to partners who are actively luring new victims, and those who are not invited are promised that they will be able to sell their #ilcoin coins in 2019 when the coin goes public
In late 2017, they
launched an ICO, which turned out to be a flat-out scam:
From a comment by an account named Ilcoin Dev on the
behindmlm article:
First of all ILCoin is NOT Ilgmaos like Bitcoin is NOT Bitconnect. As you see there is no active Developement behind ILCoin its a LIE.
Yes Ilgamos used Ilcoin Yes.. They have a sitty MLM strategy YES. But it dosent make the same as ONE coin or the other piece of shits at the MLM Scam markets.
So before you DARE to tell me there is no ACTIVE development behind the coin make your investigation.How many wallets has been made in 2018 like ILC /BTC wallet Source upgrades and much more…
play.google.com/store/apps/details?id=ilcbtc.wallet&hl=en
So before you tell shits i just want you to INVESTIGATE!!!!!
Which was replied to by the site owner with the following:
Bitconnect didn’t use bitcoin to scam people through, they used BCC. Just like Ilgamos used ilcoin to scam people with... Ilcoin was created to scam people through Ilgamos with. Outside of the Ponzi scheme there’s no interest.
As an Ilcoin dev though that doesn’t stop you continuing to work on the shitcoin. But that doesn’t change the relationship between Ilgamos and ilcoin...
Somewhere in early 2019 they decided to drop the MLM presentation to the crypto crowd, re-launching the project under a
new website free of all the MLM talk. They also followed up with a new
Bitcointalk ANN, which is where our spammer farm comes into play. The thread ran for 10 months, garnering 72 spam-filled pages of nonsense, before it was finally locked at the end of last month.
Here are the accounts that regularly spammed for this MLM scam in that thread:
shakerbitcoinromelitounknownTrililingTokenized0000grungelife182ZackAdamss (banned)
not4mikeiBTT2MikeGardenAliceWood21BrandonkimmNocrapPurobantakteJustMyFewCentskeyboardstyliiHODL4BTT4MEAnother thread they frequently commented in before being hired by IlCoin was
CryptoRiyal - Smart Agriculture Powered by AI, which indeed was
another scam.
Account connected to ILCoin:
ILCoinDevLong story short: these accounts have now set about mindlessly boosting their post count, probably looking for the next shitty scam project that will hire them for their "services". They are likely owned all by the same person or else small group of people, as they all post similarly mindless crap. I am going to set about tagging them and wanted to use this thread as a reference.
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