Coinitrage Ponzi Scam - https://coinitrage.com/

[EBK1000]

The site https://coinitrage.com/ is clearly a scam / ponzi / exit scam / pyramid scheme

Scam thread: https://bitcointalk.org/index.php?topic=1725963.0

It is NOT an arbitrage platform. I will explain why and it is very simple. Firstly, do not trust anyone who promises 100% return in 100 hours!!! Is that not obvious?

Here are the "plans" on offer:



I am the dev for MOJOcoin and they posted in my thread that they now support MOJOcoin for their arbitrage platform:



MOJOcoin is suffering from some problems lately and the volume is near zero and there is an issues with withdrawals / deposits.

When a coin has near zero volume, any attempt at arbitrage is simple futile and meaningless. They have simply added minor coins to make it appear that they are legit, whereas in reality they want people to part with their BTC, XMR etc.

Scam, pure and simple.

Let's try the MOJOcoin arbitrage and then I'll trace the trades and the block explorer and we will see in 100 hours that this is a scam.



I have sent 10,000 MOJO to the site:

Code:

Status: 1/unconfirmed, broadcast through 4 nodes
Date: 27/12/2016 21:05
To: MHBET2yeXPaRYfNqC7o7pH1Emskz21iE1v
Debit: -10000.00 MOJO
Net amount: -10000.00 MOJO
Transaction ID: 9d1c2d25dac84d6883e5906c4bbbfa8b65a4bbb4f856817ec106391efd435f57-000

I'll update this as we go along and trace the transactions and trades (if there are any)

[bitkominer]

The site https://coinitrage.com/ is clearly a scam / ponzi / exit scam / pyramid scheme

......

I have sent 10,000 MOJO to the site:

Code:

Status: 1/unconfirmed, broadcast through 4 nodes
Date: 27/12/2016 21:05
To: MHBET2yeXPaRYfNqC7o7pH1Emskz21iE1v
Debit: -10000.00 MOJO
Net amount: -10000.00 MOJO
Transaction ID: 9d1c2d25dac84d6883e5906c4bbbfa8b65a4bbb4f856817ec106391efd435f57-000

I'll update this as we go along and trace the transactions and trades (if there are any)

I think it's already over.
Last payout was several hrs ago, live chat is no longer active, and no confirmation so far from the thread starter.

The sad part is... TS got legendary account here.

[coin-investor]

The site https://coinitrage.com/ is clearly a scam / ponzi / exit scam / pyramid scheme

......

I have sent 10,000 MOJO to the site:

Code:

Status: 1/unconfirmed, broadcast through 4 nodes
Date: 27/12/2016 21:05
To: MHBET2yeXPaRYfNqC7o7pH1Emskz21iE1v
Debit: -10000.00 MOJO
Net amount: -10000.00 MOJO
Transaction ID: 9d1c2d25dac84d6883e5906c4bbbfa8b65a4bbb4f856817ec106391efd435f57-000

I'll update this as we go along and trace the transactions and trades (if there are any)

I think it's already over.
Last payout was several hrs ago, live chat is no longer active, and no confirmation so far from the thread starter.

The sad part is... TS got legendary account here.

I agree that Ts should update this thread based on his experience so we can have proofs that they are a scam site,I have seen them adding Zoin in their site without this confirmation,they will just keeps adding more coins and invite it's coin supporters to invest here.

[tmfp]

Good post, look forward to the follow up.