SCAM ALERT!! Adab Solutions - So Called Islamic Crypto Exchange is Haraam

Finally, ICOBENCH is now doing their job as a review site they now tagged Adab as a suspicious ICO you can check it here

https://icobench.com/ico/adab-solutions, the reason could be the many excuses they are giving to their investors, it's been 6 months until now there are ow exchange or platform

Quote from: smyslov on October 26, 2019, 04:19:09 PM

Looks like a lost cause to me, Fice if I am right means First Islamic Crypto Exchange, they should have no problem establishing one if they adhere to the teaching of Islam, our Muslim brothers can easily set up one because they have the funds and they are guided by good teaching I don't think it deserves the name First Islamic Crypto Exchange run by the developer of this project.

But honestly they need one, here in our country we have one and we are a third world country, if another Muslim developers who adhere to Islam teaching can set up one it should be bonded by Islamic teaching.

I am not a Muslim but I have a high respect to Muslim for what they are bringing to the Cryptocurrency community.

You can read through the forum and you can visit their Telegram. The whole thing is a scam that was started with a view to making the trio owners from Uzbekistan/Kazakhstan rich overnight through the tokens sale regardless of whether the project was a success or not.

Right now their website is down. I have not looked in to their scam for many months but when I visited their website just now I found an alert and their SSL is just not installed properly. Everybody who wants to deal with them should really proceed with extreme caution because Adab Solutions are scammers !

Yep, you called it from the beginning: it was all a big scam. I took a look at the Telegram group and people were pretty pissed all the way back in December. Its token price had dropped from 10 cents at ICO to $0.005 by December, and it is currently at $0.000034 cents. LOL.

I think the moderator of the channel abandoned and hardly anyone posts there anymore. The Facebook group has been deleted and their Twitter hasn't posted anthing since Dec. A particularly vile scam as it was preying on the religious... But then again the whole thing looked scammy as fuck from the getgo.

Yes nutildah I was shouting from the rooftops about this scam from day one but sadly those taking part in the (useless) bounty campaign were championing the cause and allowed the scam to fester.

I feel sorry for investors, both those that invested thinking this was some religious project and those that were purely interested in investing regardless. Thinking about $0.000034 per ADAB token is beyond a joke considering these fools were promoting multi-billion potential investment portfolios in the coming years.

Their whole "FICE" concept was trash from the start.

If their Facebook has been deleted and their website is dead, if their Telegram is abandoned it means they must have tried to pocket as much cash as possible before they carried out their scam. Considering they registered in the UAE where long jail sentences are common for financial fraud (and the UAE have extradition treaties with many countries), I hope the Uzbek/Kazakh trio of brothers that started this scam are the first to get very long jail sentences when investigators start to pick through what happened and how the scam was facilitated.

Quote from: nutildah on July 02, 2020, 12:58:36 PM

Quote from: JollyGood on July 02, 2020, 10:04:21 PM

I was one of the participant on first part of the bounty campaign, but when I saw your post about Adab I di not think twice to take out the signature and find another one, they send the rewards to bounty hunters but bounty hunters only got 40% of the bounty hunters and majority did not get there share, half of that Adab is still stuck in my wallet because the price is a sore to the eyes.
After Adab I stopped doing ICO bounty and join Bitvest i don't want to encounter another ADAB again.

Here is the latest with Adab Solutions. Even their domain has expired.....

Even their bounty program was a scam, their whole premise about scamming people under the guise of religious investment was a farce. They deserve jail time for their scam.

Quote from: aioc on July 03, 2020, 04:36:06 AM

Quote from: JollyGood on July 03, 2020, 10:57:20 PM

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Here is the latest with Adab Solutions. Even their domain has expired.....

Even their bounty program was a scam, their whole premise about scamming people under the guise of religious investment was a farce. They deserve jail time for their scam.

You are very right about these scammers. When I first encounter this project, I had the same impression also that they were just using this Islamic stuff. Users should learn their lessons about this religious-related projects. Because the truth is, they don't really care about whether its islamic/catholic, etc. But it's all about the money that they can rip off from those naive religious "devotees".