PAL NETWORK SCAM SO BE CAREFUL

[Uritron]

Scam alert! Just found this news about pal.network long time ago, that was buried and cover up http://archive.is/7OuUv.

I think Pal Network conveniently ignored it and the whole saga went silent without any follow up. Some more it's run by a MAS Sandbox Graduate. It seems like a scam in the crypto scene. This is a bad mark for the crypto project developments in Singapore.   

After further digging I found this:

https://medium.com/@palnetwork_/policypal-network-appoints-ke-liang-as-cto-baad6f6540f4
Dr. Ke Liang who was the ex CTO for a very short period of time came n left Pal Network! He must have founds something scammy about it.

Lets set out and start a discussion to unearth more dirt!

[Jaxon18]

Are they aware that pal network has shared resources with policypal, which is a totally different entity? The dual usage of team members including CEOs in crypto and MAS insurance broker firms is terrible. This is an conflict of interest. And lack of focus as well. Sharing of resources is not clear. Data integrity is uncertain. Did MAS allow?

[Musoni Yannick]

They stole all of my money, took me for everything and I have never used them even once. They are truly the lowest form of scum on this planet. This is a warning to all to PULL OUT your money now as they are going to take you all for everything you have.

[FutureICOs]

I heard from a friend who is working in policypal that Val Yap behaves like a tyrant in office. Everyday she goes around shouting at people. Also firing alot of her co founders or not giving them enough shares.

[Hung Yu So]

https://www.pal.network/token-shield
This products seems like failed. no volume. the ppl buying are from their internal wallets. can check from etherscan. Seems like the whole business is a fake setup to fund their existing business venture. Is it even regulated in MAS?

Googled and found alot of these articles saying Policy Pal and PalNetwork claims to fit in MAS.

https://www.kitv.com/story/39549166/fintech-industry-advocates-for-prudence-and-transparency-in-singapore-cryptocurrency-marketplace

http://finance.azcentral.com/azcentral/news/read/37357150/

http://archive.is/7OuUv?ico=policypal-scam-MAS

Can Pal Network proof that this token-shield is actually useful and not a scam to divert resources to PolicyPal instead?

[cryptomax217]

scams like this have contributed to the mistrust of the public about crypto.

[Hung Yu So]

https://www.pal.network/token-shield

Token shield is exactly like a lottery game, like binary options. I tried it and i won some PPN, but... cost of PPN price is dropping everyday. So I am losing $$ overall