Yes I was referring to this update.

Until now, no one showed up in forums/chats/socials, claiming to have been paid. And this is very funny, not even the scammers or fake users sent by livecoin to make us send the kyc to them.

Very curious to see if someone will show up with payment received, and how much that will be trustworthy...

If anyone is going to police, try to suggest asking payment processors (for example, talked to advcash yesterday) the livecoin data. But there are many chances they used fake identities to kyc to them.

Looks like this scam was organized since the beginning, or at least they wanted to have a fail safe exit.

The only thing I still don't understand is what they want to do with our kyc and why they asked so many things if they only wanted our identities to do something bad.
If you are thinking "to be more credible" well, they could have been enough credible asking, for example, for the last deposit not the first one, obtaining more replies and more identities to play with.

Ok thanks, hoping they had not used stolen identities like, it seems, they did for creating the company.

So they never completed a kyc in the past?

thought they had a decent volume and I'd not be surprised if they had a spike in volume when the prices on that exchange went to the moon, many users tried to withdraw with advcash coupons if I am not wrong.

Just to start, would be interesting if you could perform some verification on their account. I assume they did a complete kyc to professionally use your services!
Well I'd not be surprised if they verified to you with fake identities...

I can write to you via PM if you prefer,

thanks.

Hi Advcash admin, any chance you can help us with the livecoin.net probable exit scam?

they had advcash as method of payment.

thanks in ADVance!

They have just done the most difficult list of requests they could imagine, to reduce to the maximum extent the number of people making the claim, in order to keep more money for themselves.But at least this makes me think they don't have bad intentions with the kyc, because they would collect the maximum number of IDs with simpler requirements if they just wanted to collect people identities.

the problem is perhaps, what percentage of the wallets do they think to refund, to the small number of users who will do the verification. Of course they did not reply to any request in that.

An interesting message I found online

I have a new theory on what's going on. On December 2020 there have been (and continued on january) an historically high level of withdrawals from the exchanges ( see here https://studio.glassnode.com/metrics?a=BTC&category&m=supply.LiquidChange&mAvg=0&mMedian=0&mScl=log&pScl=log&s=1554163200&u=1610074799&zoom ) . In some way Livecoin was seeing his wallets draining out and understood to be insolvent. This has been reported also on a token by his developer ( read here https://www.reddit.com/r/CryptoCurrency/comments/kl0xm0/incent_ceo_proves_livecoin_cooked_their_books/?utm_source=amp&utm_medium=&utm_content=post_body ) . This mechanism would also justify why BTC wallet were closed on dec 23. The reason of the insolvency and lack of BTC could be many, bad programming or an ongoing long and slow hack. This happened on Bitgrail with nano coin. Also mtgox one day discovered to have a lack of 800k bitcoins, and it has never been clarified the reason. So what to do now? Livecoin could be sued for negligence. So they simulated an hack, but they did not have intention to scam initially. At this point, this would also explain the reason of the difficult kyc: the less ppl will make claim, the more they can solve debit. If this theory is true, we could make the kyc without too much worries, assuming that those requests are feasible. This would explain also:
-The BTC wallet locked before hack
-The telegram account deleted the day BEFORE hack
-The fact they did not bother changing the twitter account email
 What do you think?

well looks like at the end this exchange is turning if not into a scam, at least in something shady.
In the past I made lots of profitable trades here. Nice exchange... it was.
Today I wanted to sell here some erc20 tokens, because there was some arbitrage spread. There were many buy orders on the book on a price higher than the market price. Now, when you sell on an existing bid, and you set a lower price, your sell should be filled instantly. Instead, as soon as I placed my order, all the bids disappeared and my sell was left alone on the sell side. I think those cannot be user bots because how could they remove the order immediately before being filled? Must be something server side. Goodbye digifinex, it has been funny until it lasted.

the thing I cannot accept/believe is it seems no one is trying to investigate or prosecute the scamming ceo. This scam has been totally forgotten.

this exchange scammed on November 2019  and a few months later the site was eventually turned off.
The thing I can't accept/believe is that it seems no one is trying to investigate/prosecute the scamming ceo.

I confirm not working. Please if some1 has an alternative way

Volume at last dropped to ZERO on bitfinex.
delisting imminent

I don't expect anything, just wanted to know if some1 is at least still trying to lie or it's really over. Until there is still some1 paid to lie, there is still hope for a fake pump will happen, like the one at the end of 2018.

Is there still any official statement on this project?

Is there still an official position about this project? Last thing I heared was the developers were all fired after not being paid for something like a month. I cannot access the official channel on telegram, so i cannot be delighted anymore with their lies. But now they will say project failed because of virus, lol 

thanks for the very fast reply,
well I think my old card could be still active but I have to check, it surely was when was suspended (I used it for only a month or a bit more)

EDIT: sorry I figured it now... I had to click on it and not add a new card... 

Hi AdvancedCash

I owned the wavecrest card in 2018 then I never renewed the card after the re-open.
I remembered the news cards were free for the previous pre-ban owners.
Now I see I have to pay 15eur.
Is that normal?

Beware of this exchange, I've a btc withdraw pending for several days and they always reply to wait.