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Author Topic: [ANN]█▅ AurumCoin AU ▅█ Welcome to Aurumcoin(AU) Project █▅ 2014-2017 ▅█  (Read 75524 times)
xtraelv
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January 04, 2019, 07:11:34 AM
Last edit: January 04, 2019, 08:00:23 AM by xtraelv
 #1521

xtraelv, Cryptopia :

Since you said nothing new and someones sockpuppet troll account - I will repost my previous reply which you obviously didn't read or understand.

xtraelv, Cryptopia Exchange:
From above messages, you were working with the hacker closely !
It proof that Cryptopia Exchange uniting with the hacker to deceive
your customers' money !!!


Hey scamcoin shill sockpuppet !

Please use your real life identity and repeat that false accusation.

Your logic is as flawed as your grammar.


You are now on my ignore list.


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January 04, 2019, 08:02:10 AM
 #1522

xtraelv is your real name Huh Public your id in here !
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January 04, 2019, 08:34:34 AM
 #1523

@xtraelv, why make a ponzy scam with an indiegogo campaign? Why create an offshore companies and invest on trademarks? Why operating this so many years?
Why bring us investors 15,000 coins back that we donated 3 years ago? Why all volunteer including @rossen the programmer for free?
This is make no sense.
Unless they do believe in what they say?
" AurumCoin – The first decentralize open source cryptocurrency to be a stable coin, replaceable with physical gold "

Scams often have multiple layers of participants.
-  There are those that intend to scam.
-  Those that don't initially intent to scam but start scamming later in the project.
-  Those that don't realise that they are scamming but cause others to lose $ due to misrepresentations.
-  Those that believe in a project and assist and enable scammers to pull off a scam.
-  Those that are simply fooled out of their $.


This is not the case here.
They are very active in their telegram groups even traded customers, ask Hafiz Gee (that's his real name) from their open group:
"Hafiz Gee:
Guys i have done a deal through AurumCoin  team. You can trust on these guys. Deal done in minutes without any problem. Every coin have problem in the early days even xvg, BTG etc also face 51% attacks in the past. But that's not means these projects not good. Patients is the of success.AU have good future but needs community support. My all best wishes for him"

It seems that they are not selling coins but buying coins!!! what scammer do that?
They keep saying that they not care about value just volume and that they have patient to wait years for gold standard first crypto.

And the most important thing aurumcoin.com was the first to declared that 15,750 coins were stolen from cryptopia's wallet, while cryptopia lied to us customers and said that our coins are safe.

For all this period AurumCoin team continued talking with us customers while cryptopia kept silent and then close the market in 1 day!
(cryptopia told us to withdraw our coins before time thats true, but this was not possible to most clients becouse 15,750 coins were missing from cryptopias wallet exactly as they said).

Cryptopia is not willing to compensate us customers and send us to T&A this will not stand in court.

Who is the scammer here? cryptopia or AurumCoin? Please be honest.
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January 04, 2019, 08:59:16 AM
Last edit: January 04, 2019, 09:46:28 AM by xtraelv
 #1524


And the most important thing aurumcoin.com was the first to declared that 15,750 coins were stolen from cryptopia's wallet, while cryptopia lied to us customers and said that our coins are safe.

For all this period AurumCoin team continued talking with us customers while cryptopia kept silent and then close the market in 1 day!
(cryptopia told us to withdraw our coins before time thats true, but this was not possible to most clients becouse 15,750 coins were missing from cryptopias wallet exactly as they said).


Your sequence of events is provably untrue.

9 November Cryptopia publishes 51% attack

https://archive.fo/iNLQa  10 November Aurumcoin Claims Cryptopia was hacked.
https://archive.fo/cOcYF  11 November Aurumcoin claims Cryptopia do not admit a 51% attack

As you can see - Cryptopia published the 51% attack on 9 November (and earlier elsewhere)

Aurumcoin first claimed Cryptopia was hacked (untrue) and then changed that message on 11 November to that Cryptopia does not admit a 51% attack. (also untrue).

This was archived on the day ( so a timestamp proves this).

So their the Aurumcoin blockchain was exploited and Aurumcoin was not even aware of it or lied about it.


Cryptopia is not willing to compensate us customers and send us to T&A this will not stand in court.

Who is the scammer here? cryptopia or AurumCoin? Please be honest.

The exploit did not occur on Cryptopia.

The exploit occurred on the Aurumcoin blockchain.

This is an example of what occurred:

1) The attacker sent 10000 coins to cryptopia over several different accounts.
2) The Aurumcoin blockchain provides the required number confirmations that the 10000 coins are deposited in the wallet.   *at this stage Cryptopia has the 10000 coins in its wallet.
3) A balance increase of 10000 coins shows on the Aurumcoin block explorer.   *at this stage Cryptopia has the 10000 coins in its wallet.
4) Cryptopia allows the attacker to sell the 10000 coins for BTC on the exchange (Keeping in mind that the Aurumcoin blockchain confirmed that those coins were added to the balance of the wallet and the amount of confirmations set are based on the advise provided by Aurumcoin. *at this stage Cryptopia has the 10000 coins in its wallet)
5) The attacker then withdraws the value of the sold coins in BTC from the exchange. *at this stage Cryptopia has the 10000 coins in its wallet.
6) The attacker now has the value of the sold coins in BTC securely in their private wallet (not reversable) *at this stage Cryptopia has the 10000 coins in its wallet.
7) The attacker broadcasts the privately mined version of the chain and Aurumcoin blockchain by being exploited by the 51% attack now REVERSES the 10000 coins from the balance of the Cryptopia wallet. The previous confirmation blocks are orphaned (made invalid).  *at this stage the exploit on the Aurumcoin blockchain removes the 10000 coins from the Cryptopia wallet balance held on behalf of its customers and gives it back to the attacker !.


So Aurumcoin first credits the amount, provides confirmations that the amount is in the wallet and then reverses the amount due to an exploit on their blockchain - then says it is not their problem.

Please explain from the above sequence of events where this is Cryptopias fault.

Please explain why Aurumcoin is not liable for the losses incurred by the buyers.









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January 04, 2019, 09:44:46 AM
 #1525


And the most important thing aurumcoin.com was the first to declared that 15,750 coins were stolen from cryptopia's wallet, while cryptopia lied to us customers and said that our coins are safe.

For all this period AurumCoin team continued talking with us customers while cryptopia kept silent and then close the market in 1 day!
(cryptopia told us to withdraw our coins before time thats true, but this was not possible to most clients becouse 15,750 coins were missing from cryptopias wallet exactly as they said).


Your sequence of events is provably untrue.

9 November Cryptopia publishes 51% attack

https://archive.fo/iNLQa  10 November Aurumcoin Claims Cryptopia was hacked.
https://archive.fo/cOcYF  11 November Aurumcoin claims Cryptopia do not admit a 51% attack




Cryptopia is not willing to compensate us customers and send us to T&A this will not stand in court.

Who is the scammer here? cryptopia or AurumCoin? Please be honest.

The exploit did not occur on Cryptopia.

The exploit occurred on the Aurumcoin blockchain.

This is an example of what occurred:

1) The attacker sent 10000 coins to cryptopia over several different accounts.
2) The Aurumcoin blockchain provides the required number confirmations that the 10000 coins are deposited in the wallet.   *at this stage Cryptopia has the 10000 coins in its wallet.
3) A balance increase of 10000 coins shows on the Aurumcoin block explorer.   *at this stage Cryptopia has the 10000 coins in its wallet.
4) Cryptopia allows the attacker to sell the 10000 coins for BTC on the exchange (Keeping in mind that the Aurumcoin blockchain confirmed that those coins were added to the balance of the wallet and the amount of confirmations set are based on the advise provided by Aurumcoin. *at this stage Cryptopia has the 10000 coins in its wallet)
5) The attacker then withdraws the value of the sold coins in BTC from the exchange. *at this stage Cryptopia has the 10000 coins in its wallet.
6) The attacker now has the value of the sold coins in BTC securely in their private wallet (not reversable) *at this stage Cryptopia has the 10000 coins in its wallet.
7) The attacker broadcasts the privately mined version of the chain and Aurumcoin blockchain by being exploited by the 51% attack now REVERSES the 10000 coins from the balance of the Cryptopia wallet. The previous confirmation blocks are orphaned (made invalid).  *at this stage the exploit on the Aurumcoin blockchain removes the 10000 coins from the Cryptopia wallet held on behalf of its customers and gives it back to the attacker !.


So Aurumcoin first credits the amount, provides confirmations that the amount is in the wallet and then reverses the amount due to an exploit on their blockchain - then says it is not their problem.

Please explain from the above sequence of events where this is Cryptopias fault.

Please explain why Aurumcoin is not liable for the losses incurred by the buyers.


First you never claimed this on your website cryptopia on real time, and you kept tell us customers our coins are safe.
Second you have insurance, it's not the banks fault a robber robbed it but he have insurance.
Third this is the risk of crypto code, theoretically it can happen to Bitcoin if all three big mining companies decide to do this attack, or if I use my quantom computer and start mining Bitcoin Cool

In any case we are your (cryptopia's) customers not Aurumcoin, they didn't take penny from us you did!
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January 04, 2019, 10:11:59 AM
Last edit: January 04, 2019, 12:05:50 PM by xtraelv
 #1526

First you never claimed this on your website cryptopia on real time, and you kept tell us customers our coins are safe.

It was posted in the coininfo on 9 November on their website.
The usual sequence of events is:
Markets are paused, deposits and withdrawals are halted as soon as Cryptopia becomes aware of a problem with a coin.
An investigation is started.
Consultation is held with the developers if the coin.
An explanation is provided to the public at the conclusion of an investigation or when solid facts are known.

None of their private keys were exposed. So their wallets under their control are safe. They cannot vouch for a process that they do not control.

Second you have insurance, it's not the banks fault a robber robbed it but he have insurance.

Show me where you can insure crypto held by an exchange.

I doubt that they have insurance for such an event. I don't know because I don't work for them.

Again - the loss occurred solely on the blockchain.  The balance is held on the blockchain.  Aurumcoin is responsible for securing the blockchain.

What Aurumcoin has done is like a security company delivering money to a bank. On the way to the bank the security company phones the bank and assures the money is on its way. On the way the security van gets robbed. The security company then phones the bank and says sorry your money is stolen due to our lack of security but it is YOUR problem.

Funds are held in trust for the customers. It is not Cryptopias funds. The funds belong to the customers. Aurumcoin lost those funds due to an exploit and don't want to put it right.

It is a peer to peer exchange. Customers buy and sell. Cryptopia doesn't sell the coins themselves. So the funds in the wallets are always owned by the customers.

Third this is the risk of crypto code, theoretically it can happen to Bitcoin if all three big mining companies decide to do this attack, or if I use my quantom computer and start mining Bitcoin Cool

Yes - the risks of the code are outlined in the terms and conditions and risk disclosure statement.

Bitcoin is far more secure than Aurumcoin. Don't compare it to bitcoin. I can list at least 20 reasons why bitcoin is far more secure.


In any case we are your (cryptopia's) customers not Aurumcoin, they didn't take penny from us you did!

If you are not Aurumcoins customer when you buy Aurumcoin then what are you buying ?

Each time you make a transaction Aurumcoin charges a fee. During those transactions - for which they charged a fee - they removed the Cryptopia balance !

Cryptopia doesn't charge fees for storing coins. They are not a bank. The wallets are purely so that people can trade. If someone withdrew AU from a wallet during the exploit then their transaction would have also reversed. The exploit is a problem with the product - not with the exchange.

The people that started Aurumcoin profited from a massive instamine.



What Aurumcoin has done is negligent and makes me very angry and has cost me $.  

They have lied about lots of things and that make them a scam.


They could easily fork to return the funds. Like verge did.

https://news.bitcoin.com/verge-is-forced-to-fork-after-suffering-a-51-attack/

They could easily fork to return the funds like Ethereum did after the DAO attack.

They could easily fork to return the funds like smartcash did after their zerocoin exploit.

They could easily pay back the coins like many other coins that were 51% attacked did.


But no ! Instead they spread lies and deny responsibility.


The Aurumcoin devs are scammers !

Aurumcoin is a scam coin.



Those fucking Aurumcoin scammers have blocked me from their twitter.



Dated 19 November 2018


This is their attitude towards solving problems !


LIES, BLAME EVERYONE ELSE AND REFUSE TO COMMUNICATE !

We are surrounded by legends on this forum. Phenomenal successes and catastrophic failures. Then there are the scams. This forum is a digital museum.  
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January 04, 2019, 12:07:01 PM
 #1527

The miners takes fee not Aurumcoin.
They just pointed that cryptopia lied.
And last thing this possession is amazing it looks like this coin does go towards gold-backing.
Any one could mine/buy this coin since 2014 it's a free world and not change much than Fiat money distribution.
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January 04, 2019, 12:15:18 PM
Last edit: January 04, 2019, 01:06:45 PM by xtraelv
 #1528

The miners takes fee not Aurumcoin.
They just pointed that cryptopia lied.
And last thing this possession is amazing it looks like this coin does go towards gold-backing.

Massive instamine is earnings. Miners make up part of the network. Taking the fee is controlled by the aurumcoin code.

The developers of Aurumcoin financially benefited from the creation of Aurumcoin. Are you trying to say it is a not for profit charity ?

Who lied ?

Proof Aurumcoin lied:

Lie #1
AurumCoin – The first distributed open source cryptocurrency to be backed by gold




Proof it is a lie:



Aurumcoin has NO GOLD.

It has no gold so it is not the first.
It cannot become the first because there are other crypto currencies already backed by gold.

https://www.ft.com/content/6d51117e-5806-11e3-a2ed-00144feabdc0
e-gold was the first electronic currency backed by actual gold.

Perth Mint is currently a reputable company offering a gold backed crypto.
https://www.perthmint.com/media-release-InfiniGold-and-TPM-digital-gold-cert.aspx
Perth mint has actual gold backed Crypto https://www.infinigold.com/

Someone has to be responsible for the gold. Perth Mint has been a trusted company for many years.

https://onegram.org
Onegram is a decentralized crypto backed by gold.

Lie #2
Cryptopia got hacked


https://archive.fo/iNLQa
Proof it is a lie:
Aurumcoin published on 10 November that “Cryptopia got hacked”.
This is untrue. None of the exploits used in the 51% attack touched the Cryptopia servers.

Aurumcoin got 51% attacked. In this attack a single attacker took over the blockchain and “overruled” the previously mined blocks by the honest miners and replaced it with “privately mined blocks that were mined in secret by the attacker”. This reversed transactions that had been previously confirmed by the Aurumcoin network. The exploit occurred entirly on the Aurumcoin network.

Balance of funds are held on the distributed ledger (Blockchain). A hardware wallet only holds the public and private keys. The private keys remain secure.
This means that if funds are reversed they are removed from the distributed ledger (Aurumcoin blockchain) and become no longer available.
None of this is under the control of the wallet owner. This process occurs entirely on the Aurumcoin network.


Lie #3
Cryptopia do not admit a 51% attack


https://archive.fo/cOcYF  

Proof it is a lie:

9 November Cryptopia publishes the 51% attack. Prior to this Cryptopia sent a report on the 51% attack to the Aurumcoin developers.

https://archive.fo/iNLQa  10 November Aurumcoin Claims Cryptopia was hacked.
https://archive.fo/cOcYF  11 November Aurumcoin claims Cryptopia do not admit a 51% attack

Lie #4
Aurum coin was worth $40 before Cryptopia paused the market.



Proof it is a lie:

https://coinmarketcap.com/currencies/aurumcoin/

It was worth less than $4



Aurumcoin lied and refused to communicate:



They have lied about lots of things and that make them a scam.

They could easily fork to return the funds. Like verge did.

https://news.bitcoin.com/verge-is-forced-to-fork-after-suffering-a-51-attack/

They could easily fork to return the funds like Ethereum did after the DAO attack.

They could easily fork to return the funds like smartcash did after their zerocoin exploit.

They could easily pay back the coins like many other coins that were 51% attacked did.



Aurumcoin doesn't care about their users.

Aurumcoin doesn't care that their exploited blockchain caused losses.

These are the people that promised gold backing but failed to deliver !




If 15K was taken through a 51% attack then think about it - such an amount is only owned by the top 50 holders of AU.

97.85% of the coin is held by the top 100 holders. Inside job ?

We are surrounded by legends on this forum. Phenomenal successes and catastrophic failures. Then there are the scams. This forum is a digital museum.  
* The most iconic historic bitcointalk threads.* Satoshi * Cypherpunks*MtGox*Bitcointalk hacks*pHiShInG* Silk Road*Pirateat40*Knightmb*Miner shams*Forum scandals*BBCode*
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January 04, 2019, 01:53:59 PM
 #1529

@Rossen, why didn't you made a fork to bring back coins to craptopia?
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January 04, 2019, 08:16:33 PM
 #1530

A lot of attackers to the Au coin appeared after the declared attack  51%. But no one has explained the main thing. Only the owner of  more than 50% of the Au coins can commit  attack 51%. Our main owner Rossen has 80% of Au coins. But he has all the coins in one wallet and the activity from his wallet for the last six months is 0%. Let Rossen show everyone screens of their transactions from the blockchain. No one has ever deceived the blockchain. Cryptopia has killed a lot of coins over the past year, for example, Pac coin. The attack 51% was announced , but no evidence was presented. But on the Coinexchange.io always sold no more than 500 coins, and now more than 1000 and all the time the number of coins is growing. Where they come from?
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January 04, 2019, 09:44:48 PM
Last edit: January 05, 2019, 01:34:08 AM by xtraelv
 #1531

A lot of attackers to the Au coin appeared after the declared attack  51%. But no one has explained the main thing. Only the owner of  more than 50% of the Au coins can commit  attack 51%. Our main owner Rossen has 80% of Au coins. But he has all the coins in one wallet and the activity from his wallet for the last six months is 0%. Let Rossen show everyone screens of their transactions from the blockchain. No one has ever deceived the blockchain. Cryptopia has killed a lot of coins over the past year, for example, Pac coin. The attack 51% was announced , but no evidence was presented. But on the Coinexchange.io always sold no more than 500 coins, and now more than 1000 and all the time the number of coins is growing. Where they come from?

1) No a 51% attack on a POW coin doesn't require a lot of coins. It requires 51% or more of the mining power. (51% coin holding applies to POS coins) But with aurumcoin there are so few coins in general circulation that even a 250 coin holding puts that person in the top 100 coin wallets. So how did someone deposit 15000 coins (multiple transactions) unless they were a substantial holder.
Only 6400 coins are shared by all the wallets combined outside of the top 100 holders. The wallets of the top 50-75 holders only contain an average of 260 coin each.
It means it is is extremely likely that the attack was committed by a top 50 holder.


2) Aurumcoin has made it clear that they have no intent to communicate about it in their twitter post. Why would they not want to co operate with a coin theft investigation / discussion that occurred on their network ? (reconcile =  resolve differences in financial transactions)



3) The reason for the coinexchange.io volume increase is because until recently the blockchain was dead. No new blocks found. No working block explorer. This meant no one could send coins and no one could check transactions. Coinexchange also had their wallet in maintenance so no one could deposit.. so the same person or persons that already held coins on coinexchange were buying and selling the same coins to themselves to fake the volume and price. As soon as the wallet opened for deposits there were people dumping coins and the price plummeted.



From the market data you can see that when any volume is sold the price plummets. It appears that soon afterwards a "purchase" is made (trader buying their own coins) to give the appearance that the price is higher than it really is.



As soon as real volume is sold on the exchange it sells for far less. But then a quick low volume purchase is made to give the illusion that the price hasn't plummeted.

We are surrounded by legends on this forum. Phenomenal successes and catastrophic failures. Then there are the scams. This forum is a digital museum.  
* The most iconic historic bitcointalk threads.* Satoshi * Cypherpunks*MtGox*Bitcointalk hacks*pHiShInG* Silk Road*Pirateat40*Knightmb*Miner shams*Forum scandals*BBCode*
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January 05, 2019, 04:42:19 AM
 #1532

    I have been watching the Au coin since 2014. Long ago I had 600 coins and sold them cheap. After
my stupid mistake I always buy this coin and do not regret. Au  always bring me profit without any gold. But for all the time, for the first time I see such volumes on Coinexchange. Given the low mining of less than 2 coins per day and the fact that almost all the coins are in the hands of the same people who never sell their coins cheaply, the appearance on the  exchange of so many cheap sellers causes mistrust.
   Such activity of new people here also causes distrust. . Why has cryptopia frozen trade since summer itself? And then immediately attack 51%? And the eternal expectations of conclusions for 3 days or confirmation of input for days? It's good that I stopped trusting this exchange at the beginning of last year after some losses with other coins also !
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January 05, 2019, 03:36:18 PM
 #1533

holy **** this scam is still going?!

..........and why does one person hold 80% of AU coins?!?!?!?!?!?!?!??!?!?!?!?!

*grabs popcorn*
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January 05, 2019, 04:19:31 PM
 #1534


..........and why does one person hold 80% of AU coins?!?!?!?!?!?!?!??!?!?!?!?!


I think the reason this 80% of coins are held for Gold-backing!!!
If these holders wanted to make fast profit they could do this long time ago (5M USD FAST PROFIT!!!! BUT NO!!!!!!).
The whales know gold-backing is on the way!
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January 06, 2019, 02:28:39 PM
 #1535


..........and why does one person hold 80% of AU coins?!?!?!?!?!?!?!??!?!?!?!?!


I think the reason this 80% of coins are held for Gold-backing!!!
If these holders wanted to make fast profit they could do this long time ago (5M USD FAST PROFIT!!!! BUT NO!!!!!!).
The whales know gold-backing is on the way!

lol...

*eats more popcorn*
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January 06, 2019, 06:30:03 PM
 #1536

lemme give some advice as a friend auking

no one of any coin, no matter what the coin is should ever hold 80% of a coin...how do you even establish trust if a single entity that you don't know the identity of holds 80%?

like...it's not even FUD, but it just makes me wonder how it's possible to defend that lol
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January 07, 2019, 12:00:33 AM
 #1537

lemme give some advice as a friend auking

no one of any coin, no matter what the coin is should ever hold 80% of a coin...how do you even establish trust if a single entity that you don't know the identity of holds 80%?

like...it's not even FUD, but it just makes me wonder how it's possible to defend that lol
It's not one it is 25 people at least.. this no different than Fiat money. The only thing I know is that they are very rich and don't give a fu*k because they never sold.
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January 08, 2019, 04:43:49 AM
 #1538

super centralized scandalcoin, okay  Cool
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January 08, 2019, 05:23:35 PM
 #1539

auking, i demand entertainment  Grin
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January 09, 2019, 03:03:53 PM
 #1540

Finally, the AU wallet is synchronized again. Grin
  Damned cryptopia  Angry and its team of scammers, soon everyone will know about them. They let me down more than once; the last drop of patience was my abduction of a coin, which they did not return and did not compensate.
  The coinexchange team, on the contrary, is honest to the last; I can only say positive reviews about the coinexchange. have never failed. and finally, the AU wallet is unlocked, I was able to withdraw my coins. Thanks to the coinexchange.
  I believe in the AU coin.
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