That's the address of the company formation agent. There's tons of companies which are registered to that address, more commonly known as a 'brass plate' address.

When you do, let me know and I'll tag the sellers and those who show interest in buying them with negative trust rating.

LMAO!

lose your bitcoin to scammers.

https://bitcointalk.org/index.php?action=trust;u=449709

A couple of questions:

1.Why was this domain only created 6 days ago if it is supposedly 'the new era'?


2. Why is this in IBG if it is supposedly not just another ponzi/pyramid?

Ok, seeing as most of these posts are from well before the community action to throttle ponzi threads any posts going forward from this point are fair game for tagging with negative trust.

Public Service Announcement -
This is just another Ponzi/Pyramid Scam
Do Not Invest!

Those who choose to post of their participation
support or encouragement for this scam will
be tagged with negative trust for proving
they wish to help the scammers operate this
Ponzi in return for a share of the funds stolen
from other users. Thereby proving they are not
trustworthy forum members.

YOU HAVE BEEN WARNED!

^^^ These numbers are a serious warning to all. No other ponzi attempts to so blatantly withhold such a large percentage of its users' deposits.

^^^ No.

Ponzi scams need participants and they need to be promoted in order to operate. The 'profit' made by people who participate is that which is taken from later 'investors', which is a pretty shitty way to earn your money and indicative of someone who doesn't care where their profit comes from even if it is tantamount to theft.

They get tagged to stifle the ability of these scam threads to draw in more suckers and they get tagged because their participation and support for these scams proves they are untrustworthy.

[updated to include excellent piece from behindmlm.com about the sorry state of this ponzi scam

https://behindmlm.com/companies/leo/leo-withholds-commissions-dan-andersson-confirms-ponzi-scheme/

LEOcoin, as a clone of Mintcoin, has no discernible features or technical specification which would elevate it over any other digital currency.

When the issue of this fraudulent claim towards it being, "truly anonymous" was first raised in the LEOcoin thread on this forum by user, 'arielbit' it was ignored:

I subsequently brought attention back to this false claim:

and got this reply:

Seeing as this project still failed to remove this false claim I raised it again:

and got another assurance that it would be looked into:

Still nothing was done.

Months passed and that fraudulent claim remained as part of the promotional information for this coin.

I again raised the issue with 'LEOcoin Foundation' but all I got in response were repeated and dishonest attempts to redefine the meaning of the word, "anonymous".

I'll not post the huge walls of text he continually resorted to as they are tedious beyond belief but they began around this point:
https://bitcointalk.org/index.php?topic=1289299.msg14913528#msg14913528

I eventually offered 'LEOcoin Foundation' the opportunity to honestly accept that the statement was false and to ensure it was promptly removed from the leocoin.org website, something which should have been done six months ago, and the reply I got was that 'LEOcoin Foundation' and I simply had a difference of opinion on the matter, followed by yet more attempts at redefining the meaning of the word, "anonymous". All the while the leocoin.org website continues to lie about possessing tech which makes it, "truly anonymous".

The people shilling for the MLM/Pyramid-Scam-based coin, 'LEOcoin' have claimed since the coin's inception that, unlike the pseudo-anonymous nature of the vast majority of digital currencies, they have developed technology which makes it, "truly anonymous".

Their leocoin.org website, the central point of information on the web for the general public to learn of this coin and its features has long (since 2014 according to LEOcoin Foundation) contained this explicit claim:



Anybody who understand the basic principle behind bitcoin knows it is not anonymous, it is pseudo-anonymous. While addresses within the publicly-viewable blockchain are not named and generally do not carry identifiers of the person who possesses the private key to them, the fact is that every single transaction since the genesis block can be tracked to analyse the movement of coins to and from these addresses.

By simply discovering the information of who owns some of the addresses, usually through their having used centralised exchanges which require users to submit their identity, or through using Bitcoin to make online purchases which may involve submitting personal information or a delivery address, it is absolutely possible to uncover a veritable trove of information on that person's coin transactions, their history and even trace their ongoing activities. 

This is why the concept of a "truly anonymous" digital currency is often considered as the 'Holy Grail' of cryptocurrency technology and very few coin projects seek to specialise in achieving this complex and extremely difficult goal.

While many digital currency websites play fast and loose with the use of the word 'anonymous' when listing the features and specification of their coin, usually simply alluding to the lack of address identifiers, only those projects which are claiming to specifically offer total anonymity list in their coin's features that they are, "truly anonymous".

LEOcoin, which is known to market and promote itself through an MLM/Pyramid scheme to the general public, not only claims to possess this valuable technology, but even qualifies that claim further by comparing itself to regular digital currencies which are anonymous "only on a superficial level".

There is no vague, hand-wavy, stretching of the truth here. They do not simply claim it be anonymous, they specifically claim it to be, "truly anonymous" and, therefore, superior to other coins which are only pseudo-anonymous, like Bitcoin for example. LEOcoin is actually claiming that it offers a feature which even the multi-billion-dollar Bitcoin does not have. It is promoting itself to the general public as offering a function that it simply does not possess.

It is doing this in order to make itself seem more advanced a technology than 'other' coins, like Bitcoin.

It is doing this in order to persuade the general public that it is a worthwhile and valuable investment.

It is committing fraud in doing so.

Wow. Just. Wow.

The initial content of the above reply post you made was bad enough, merely dismissing the issue as being that of 'opinion', but then you had to go and double-down with another wall-of-text bullshit edit.

This coin project is now considered as being a demonstrably fraudulent operation. Scam accusation thread is being drafted. I will update this post with a link to it.

[EDIT] Scam accusation thread can be found here: https://bitcointalk.org/index.php?topic=1484410.msg14961523#msg14961523

So you've received 4.035 BTC but only distributed 1.221 BTC?

You're admitting to have received $1803 worth of deposits but you're only returning $545 to users and withholding $1257 dollars worth of bitcoin, while pinky-promising that you'll drip-feed them some more tiny amounts over time? That has to be the largest spread of withheld funds by a ponzi I have seen outside of the ones that simply don't send any back out!

So the more victims you get to send you their money, the larger the amount you'll be withholding at any one time? Hahahahahaha, you are *so* intending on running with their money!


Feels good, doesn't it?

FFS, you're an idiot. I'm putting you on ignore.

"we have managed to make LEOcoin a. . ." - This explicitly states that the people behind LEOcoin have accomplished something specific, yes?

"truly anonymous" - This explicitly defines not pseudo-anonymous, not merely anonymous, but TRULY anonymous.

LEOcoin possesses no anonymity technology or methodology which separates it from the original coin it was cloned from, correct? So to claim "we have managed to make LEOcoin a truly anonymous digital currency" would still be a lie even if Mintcoin had achieved true anonymity because it wouldn't be your organisation's accomplishment anyway.

But Mintcoin transactions are no more anonymous than Bitcoin. Yet the claim attempts to qualify itself further by putting LEOcoin alongside these 'other' currencies which do not possess the technology to be 'truly anonymous' and states:

"in contrast to others which are anonymous only on a superficial level." - This explicitly compares the, claimed, 'truly anonymous' technology utilised by LEOcoin to that of other digital currencies which do not feature this supposed unique technology, describing them as possessing a 'superficial' degree of anonymity or, as is the usual term employed to describe same, that they are pseudo-anonymous.


Now, I know you're not so dumb as to not be fully aware of the false nature of that claimed 'feature' LEOcoin promotes itself as possessing, so if you continue to try and spin that lie into somehow not being a lie I will have to negatively rate you for knowingly promoting fraud. Likewise if that claim is not removed from the website and promotional material I will negatively rate any LEOcoin branded username as collaborating and colluding with fraudsters.

It's your choice, be honest or have the forum made aware that you and every other 'LEOcoin' username are not to be trusted.