Here's a link to the Reddit post about it sorry about some of the formatting in the op its a copy of the Reddit post. The original Reddit post is not my own I just commented underneath it. The socratescoin group is really trying to run a lot of interference in their telegram group right now to try to shut this down.
I am just getting more exposure to it hopefully. They raised almost 9 million already.
https://www.reddit.com/r/CryptoCurrency/comments/7ygz0b/socratescoinio_sapis_very_likely_to_be_a_scam**********Original Reddit post**********
Guys, I don´t know where to start. I have been looking into this for the last couple of days and all leads scream SCAM but I haven´t found the ultimate proof. Following I will provide everything I have found so far.
Socratescoin.io is hyped by some social media influencers lead by the (according to Forbes) #1 female influencer on Snapchat of 2016 Ginicanbreath (Virginia Salas Kastilio).
I will start with the soft facts first and then go to the more damning hard facts. But first you should have a look at the website and the whitepaper called Socrates White PapeR_russia.
Soft Facts
Whitepaper
First of all the whitepaper is written by people who have no clue about what a cryptocurrency and the blockchain is. Reading it you will get the impression that it is written by a few people on a single evening while they shared a few $5 bottles of wine. No big giveaway but doesn´t sound like a serious business at all.
Nauka University
The the Nauka university that the Socratescoin will be used for. There is literally nothing to be found about online even though it is in development since the early 2000´s. By googeling the "founder" Alfed Hasselbacher I have found naukauni.eu on his xing profile. That domain is registered since 2007 and belongs to a Prof. Dietrich Greve who has witten "NAUKA University - by Moscow State University" on his website. Keep that in mind because we will come back to the connection to Moscow later. The websites redirects you plenty of time until you finally end up at an addblocker for Youtube that looks kinda sketchy. Besides that there is nothing to be found about this university/idea/project and nothing was ready to be shown yet which seems odd to me since they claim to "have strategically leveraged an investment of 2.5 years and $5 million of another company´s personal funds[...]". The same happens with naukauni.com which is owned by another guy that in affiliate marketing and is from the same region as Dietrich Greve.
Token Sale
You will just receive an email with two deposit addresses (BTC and ETH) and the promise that after the token sale period has finished you will receive instructions on how to take delivery of your SAPIS tokens. According to their announcement on Bitcointalk they want to aqquire 46,900,000.00 USD with 46,900,000 "tokens" available for the presale and the ICO. With a price of $1.11 per coin but prices as low as $0.70 and 30% bonusses at the presale and bonusses of 15% during the ICO there is a problem with the math that even my little one who is just in the third grade sees.
NAUKA World
All in all it sounds like a Second Life like enviroment but just for studying and with historical sites as your places to study at. And don´t forget AKUAN your personal avatar. Then they list a few names from Isaac Newton over Alfred Nobel to Pythagoras but don´t that if virtal resemblances will be found in the NAUKA World.
Big Point Player
That´s where it begins to become interesting. Big Point Player is said to be a partner of Nauka but it´s never really said in which field or why. It is basically a training system/course for amateur to semi-professional tennis players. The webiste is from 2014 and they have added a clickfunnel to get their blueprint in 2017 but since then nothing has changed. What is more interesting are the Experts. Mark Jeffery and Robert Carlbo will part of the team as COO and consultant. Besides a bunch of testimonials on their own website there is nothing to be found about them. Mark Jeffery posts videos on Facebook every now and then but never says Big Point Player.
All other companies mentioned
All other companies mentioned in the whitepaper are dead ends. "Eonthy Sports" is nowhere to be found and Google suggests TennisTender.com whoch features Robart Carlbo but besides that it´s not what it claims to be. The Elixir Group LLC mentioned under "Advisors" is nowhere to be found as well as Mr. Alfred B. Thacher J. One died back in 2001, one is born in 1919 and probably already dead too and the third one who is still alive is not the one shown on the photo according to his relatives. So is the Elixir Group LLC. All companies with a similar names are non existant anymore and never had any relations to anyone called Thacher.
Hard Facts
Website
The website is hosted on 193.9.21.222 which is the same host as proncoin.io uses and it´s using the exact same template and the exact same Terms of Sale Socratescoin|Proncoin). This tells me that there has to be the same man behind the two projects.
Milan Kozlevčar
The owner of both Domains whose name has been mentioned around cryptocurrencies back until 2013 when he claimed to buy Bitstamp. While proncoin.io is registered since 2004, socratescoin.io is just registred since the 7th Dec. of 2017. Him and Manuel Batista (CEO of Socratescoin and Nauka) are friends on Facebook since Nov '17 so it raises the question why Milan had to register the domain.
Proncoin
This brings another name to the game: Mladen Babić who seens to be very involved in Proncoin. Him and Milan know each other so quite some times and he has been arround cryto projects for quite some time but always kept his name out of the game. However there is no link between him and Manuel Batista to be found. The GFY forum has already called this coin a scam: here.
Piplcoin
Milan´s last project with a coin for a job board called Piplshare. All jobs are fake, links are dead and of course it is still in beta... Piplcoin.com looks like and early version of the websites of the both coins mentioned before, so does the whitepaper. At least the coin went live but it is technically useless.
Addresses
The address given on the website and the whitepaper (279 Main Street - GX111 AA - Gibraltar) is the adress of a law firm calle Massias & Partners who will gladly register you company in Gibraltar for the right amount of money. However upto now there is no Sapis Investment Ltd. registered and the law firm has never heard of it. Then they have sent out another pitch per email to a friend of mine. The address mentioned there (42 North Mole Road GX11 1AA Gibraltar) is non existant and probably somewhere in the ocean...
Legal representation
So there is no company registred for Sapis or Socratescoin or the Nauka University? No, but it is never mentioned anywhere. On the 11. of January this year someone calle Hasselbacher Alfred has registered two companies in Malaga, Spain. One is called Sapis Investments Brokers SL and the other one is called Nauka Virt-Un SL which raises the question why those companies are never stated somwhere related to the project.
The myth around Alfed Hasselbacher
The same Alfred hasselbacher has registred a few more companies in Malaga in the past. One for example (Ngt Hasselbacher SL) sold these liquid screen protectors when they were a big thing via multi level marketing. Another one was in the field of Science and Labor with the name Skymond. Interestingly the (website)[http://www.skymondtechnology.com/] is still online with the same design but Skymond Technology is now active in the "mobile world" and run by some guy from the Netherlands. And as you can guess, all links to more details are dead. All companies founded by Alfred Hasselbacher have a capital of 3,000.00€ and have not been changed since. Back in 2010 he has ben fined for 310.00€. Despite teh fact that Russia was a designated market for the liquid screen protectorsand a profile on a website where he is looking for a russian bride there is just one strange article about the screen protector liquid stating that he has been working on a virtual university at the Moscow state university ((link)[http://energie.finde-dich-selbst.net/neue-nano-technologie-fuer-dein-handy/]). Furthermore the name Alfred Hasselbacher is found as one of the medical advisors for (Bauer Natrition)[https://bauernutrition.co.uk/medical-advisors/] in 2016 and his name was also around dietary pills back in 2014 but then he claimed that his name was falsely used ((link)[https://www.gesund-heilfasten.de/diaet/blog/zyloslim-mitoslim-nuvocleanse/]) by a company from the UK. However there are many traces to the UK to be found. What makes me wonder is that this name never showed up before 2010 in Spain and since then it is always around topics that promised to make a lot of money fast by more or less scamming people.
This is it so far. I have probably missed a lot but there are so many leads that it took very long to get together what I have found so far.
(Here)[https://imgur.com/a/uGriR] is a Mindmap of all the connections between the people involved.
