[NEWS] LEOcoin MLM Ponzi Fraud Investigation

[btc_zero_sum]

i have a legit question about this coin but i expect an answer from user "LEOcoin Foundation", "Cryptotraider16" is not able to continue a proper discussion and he is as predictable as my dog

on the LEOcoin Foundation signature is written:

"Roel N. de Leeuw B.ec
LEOcoin Foundation Community Manager
Account for donations in LEOcoin: LWddTAj1UkJxZPyobBrmuQZFCQN9VS8jq7"

i tried 2 different LEOcoin explorers to check the address LWddTAj1UkJxZPyobBrmuQZFCQN9VS8jq7:

http://explorer.leocoin.org/ (searching for the address i get: "Address not seen on the network")
http://blockchain.leocoin.org/ (here i get: Error! : Search found no results for: LWddTAj1UkJxZPyobBrmuQZFCQN9VS8jq7)

after those i tested other explorers with same results.

it's strange because those "explorers" officially belong to LEOcoin, if we check the domain whois history before the privacy guard we can find:

Registrant Name:dan andersson
Registrant Organization:
Registrant Street: 151 thame rd
Registrant City:wallingford
Registrant State/Province:N/A
Registrant Postal Code:ox107dd
Registrant Country:GB
Registrant Phone:+44.1491811815
Registrant Phone Ext:
Registrant Fax:
Registrant Fax Ext:
Registrant Email:danandersson@live.com

my questions are:

1. does the LEOcoin blockchain even exists?
2. why such a digital currency allegedly used all around the world has not even a working official explorer?
3. why the "community manager" is accepting donations to an address that does not even exist on the blockchain?

[Spoetnik]

@btc_zero_sum
That is an interesting bit of info you posted WOW !
I too would like to see some answers for that..

CryptoTrader should chime in here quick i think.. after all he just used 2 accounts to post 6 times in a row back to back.

Funny they banned others for doing that yet this worthless little piece of shit spammer gets ignored ?

[nemgun]

the latest whois for link 1 :
Domain Name: LEOCOIN.ORG
Domain ID: D172311887-LROR
WHOIS Server:
Referral URL: http://www.godaddy.com
Updated Date: 2015-05-29T14:33:14Z
Creation Date: 2014-04-24T08:04:07Z
Registry Expiry Date: 2024-04-24T08:04:07Z
Sponsoring Registrar: GoDaddy.com, LLC
Sponsoring Registrar IANA ID: 146
Domain Status: clientDeleteProhibited https://icann.org/epp#clientDeleteProhibited
Domain Status: clientRenewProhibited https://icann.org/epp#clientRenewProhibited
Domain Status: clientTransferProhibited https://icann.org/epp#clientTransferProhibited
Domain Status: clientUpdateProhibited https://icann.org/epp#clientUpdateProhibited
Registrant ID: CR166681255
Registrant Name: Registration Private
Registrant Organization: Domains By Proxy, LLC
Registrant Street: DomainsByProxy.com
Registrant Street: 14747 N Northsight Blvd Suite 111, PMB 309
Registrant City: Scottsdale
Registrant State/Province: Arizona
Registrant Postal Code: 85260
Registrant Country: US
Registrant Phone: +1.4806242599
Registrant Phone Ext:
Registrant Fax: +1.4806242598
Registrant Fax Ext:
Registrant Email:
Admin ID: CR166681257
Admin Name: Registration Private
Admin Organization: Domains By Proxy, LLC
Admin Street: DomainsByProxy.com
Admin Street: 14747 N Northsight Blvd Suite 111, PMB 309
Admin City: Scottsdale
Admin State/Province: Arizona
Admin Postal Code: 85260
Admin Country: US
Admin Phone: +1.4806242599
Admin Phone Ext:
Admin Fax: +1.4806242598
Admin Fax Ext:
Admin Email:
Tech ID: CR166681256
Tech Name: Registration Private
Tech Organization: Domains By Proxy, LLC
Tech Street: DomainsByProxy.com
Tech Street: 14747 N Northsight Blvd Suite 111, PMB 309
Tech City: Scottsdale
Tech State/Province: Arizona
Tech Postal Code: 85260
Tech Country: US
Tech Phone: +1.4806242599
Tech Phone Ext:
Tech Fax: +1.4806242598
Tech Fax Ext:
Tech Email:
Name Server: KAY.NS.CLOUDFLARE.COM
Name Server: WALT.NS.CLOUDFLARE.COM
DNSSEC: unsigned

For more information on Whois status codes, please visit https://icann.org/epp

now link 2 :
Domain Name: LEOCOIN.ORG
Domain ID: D172311887-LROR
WHOIS Server:
Referral URL: http://www.godaddy.com
Updated Date: 2015-05-29T14:33:14Z
Creation Date: 2014-04-24T08:04:07Z
Registry Expiry Date: 2024-04-24T08:04:07Z
Sponsoring Registrar: GoDaddy.com, LLC
Sponsoring Registrar IANA ID: 146
Domain Status: clientDeleteProhibited https://icann.org/epp#clientDeleteProhibited
Domain Status: clientRenewProhibited https://icann.org/epp#clientRenewProhibited
Domain Status: clientTransferProhibited https://icann.org/epp#clientTransferProhibited
Domain Status: clientUpdateProhibited https://icann.org/epp#clientUpdateProhibited
Registrant ID: CR166681255
Registrant Name: Registration Private
Registrant Organization: Domains By Proxy, LLC
Registrant Street: DomainsByProxy.com
Registrant Street: 14747 N Northsight Blvd Suite 111, PMB 309
Registrant City: Scottsdale
Registrant State/Province: Arizona
Registrant Postal Code: 85260
Registrant Country: US
Registrant Phone: +1.4806242599
Registrant Phone Ext:
Registrant Fax: +1.4806242598
Registrant Fax Ext:
Registrant Email:
Admin ID: CR166681257
Admin Name: Registration Private
Admin Organization: Domains By Proxy, LLC
Admin Street: DomainsByProxy.com
Admin Street: 14747 N Northsight Blvd Suite 111, PMB 309
Admin City: Scottsdale
Admin State/Province: Arizona
Admin Postal Code: 85260
Admin Country: US
Admin Phone: +1.4806242599
Admin Phone Ext:
Admin Fax: +1.4806242598
Admin Fax Ext:
Admin Email:
Tech ID: CR166681256
Tech Name: Registration Private
Tech Organization: Domains By Proxy, LLC
Tech Street: DomainsByProxy.com
Tech Street: 14747 N Northsight Blvd Suite 111, PMB 309
Tech City: Scottsdale
Tech State/Province: Arizona
Tech Postal Code: 85260
Tech Country: US
Tech Phone: +1.4806242599
Tech Phone Ext:
Tech Fax: +1.4806242598
Tech Fax Ext:
Tech Email:
Name Server: KAY.NS.CLOUDFLARE.COM
Name Server: WALT.NS.CLOUDFLARE.COM
DNSSEC: unsigned

It looks like they learn from you guys, the informations are now hidden.
Could you please explain why such a "legit" project hides his informations while it should be maintained by a foundation ?

[Spoetnik]

Ya no shit.. they went and did the ole "Scottsdale" Hide the records routine.. classic  

I still think that should be a violation and may be ?
You have to have a valid contact and name with your domain or it's potentially pulled.

I seen the tech site Neowin.net pulled for days before because they pissed some guy off.
So he reported that their email was no longer valid on the domain registration.
It took days to get the email changed and the domain restored.
It's a popular site so it was a pretty big blow.

Point being is you HAVE to have valid contact info or your site is in violation and can be suspended if you are caught.

Clearly these proxy services shitcoin makers have been using here for years are violating the spirit of the domain registration rule / law.
I really hope they crack down on this bullshit and ban the scam proxies.
Only time i ever seen one used was by scammers.

..not legit "Foundations"

[2012]

Good to see another ponzi scheme have been exposed with some horrible facts. Very hard to stop the people to make fraud attempt with these kind of mlm business model.

[Cryptotraider16]

How funny you are kids really!
I cant stop to smile each time you post here omfg!
Love you all!
What a poor life you allhave... sorry for your kids to have ..... dads if you have kids! I hope not!🙈🙈🙈🙈

[Spoetnik]

Why is the address listed on the ANN topic for the foundation coming up "not seen on the network" ?

https://bitcointalk.org/index.php?topic=1545712.0
http://cryptobe.com/chain/LEOcoin

And get this people..

Total Supply
86,002,254 LEO

Total Premine
50,000,000 LEO




..i was laughing at the price graph at CoinMarketCap 

http://coinmarketcap.com/currencies/leocoin/

[NattyLiteCoin]

Spoetnik, as always, disrespecting crypto Big timers making time out of their busy day to bless him with the sunlight of the spirit.

Hater🙄

[o0o0]

How funny you are kids really!
I cant stop to smile each time you post here omfg!
Love you all!
What a poor life you allhave... sorry for your kids to have ..... dads if you have kids! I hope not!🙈🙈🙈🙈

cryptotraider16 has convinced me with his arguments since they are so valid. being such a legitimate cryptocurrency i with big volumes and backings by high level people i thought bugger it, i'll risk 100k. i went to bittrex and couldnt see its trading pair... thought hmm bittrex must be lame so i went to poloniex hmm not there either. help cryptotraider why isnt it on bittrex or poloniex with such large markets.

spoetnik why cant i find it on polo or bittrex if its so not a scam?

[memequiserle]

Funny thread sportnik ! Thanks for extra advertise!
Soon all willsee you are a funny kid! But thx for free advertise!
Yeah 8 exchanges trade scam coin omfg you are so so funny and all who are with you. Kids!
Real realsoon some real important peoples from crypto world will be LEOcoin support!
Then all of you will just cry! 👍🏼🙈😅

i want to ask for you
you dev, leocoin, if not why your force promote leocoin, and always attact is another person write or talk
review leocoin  is bad

[Spoetnik]

@o0o0
I will try and answer that for you
If it was vaguely legit and had any of the things going on claimed by our resident shill..
It WOULD be listed on those 2 exchanges.
The fact it is not listed is a huge red flag.

They claim all kinds of insane crap with this coin and claim hundreds of thousands of users have adopted LEO.
Problem is if that was true it would be one of the top coins.. EVERYWHERE !
They would not need to launch their own exchange which i was told was DEAD with no activity.

Really i find it funny this pathetic shill is plowing on.
It amounts to amusement for us all as he rail roads his own shitcoin in pure desperation.

@NattyLiteCoin
Nice account.. i HAVE seen it before.
So... when did you buy it CryptoTrader16 ?

Know what you are doing ?
Exposing all your accounts so they can all be banned eventually.
And i know they will be because mod's have already had to delete your topics here.
So i highly doubt your behavior will improve.
You have in fact been violating a ton of the rules here all along.

I hope your having fun shill and don't forget.. Spoetnik Loves You <3 

[nemgun]

@o0o0
I will try and answer that for you
If it was vaguely legit and had any of the things going on claimed by our resident shill..
It WOULD be listed on those 2 exchanges.
The fact it is not listed is a huge red flag.

They claim all kinds of insane crap with this coin and claim hundreds of thousands of users have adopted LEO.
Problem is if that was true it would be one of the top coins.. EVERYWHERE !
They would not need to launch their own exchange which i was told was DEAD with no activity.

Really i find it funny this pathetic shill is plowing on.
It amounts to amusement for us all as he rail roads his own shitcoin in pure desperation.

@NattyLiteCoin
Nice account.. i HAVE seen it before.
So... when did you buy it CryptoTrader16 ?

Know what you are doing ?
Exposing all your accounts so they can all be banned eventually.
And i know they will be because mod's have already had to delete your topics here.
So i highly doubt your behavior will improve.
You have in fact been violating a ton of the rules here all along.

I hope your having fun shill and don't forget.. Spoetnik Loves You <3 

spoetnic is totally true about this, why isn't leocoin's thread on top of the announcement section ? it means that projects like WAVE and ... Are far more popular than leocoin, plus cryptotrader and some newbie accounts are the only ones who talk about this coin, why isn't this coin liste in major exchanges ? Why isn't it accepted by merchants as it is so widely used ?
So many questions, too few answers, this means, it is an obvious scam ...

[Spoetnik]

Well o0o0 gets credit for raising that concern.
I just repeated what he said sort of..

All i know is this group is audacious and bold.
All the various different LEO things sort of scare me.
They were mentioned on a fraud web site in 2014 too.
With their ponzi marketing DVD's they were selling with seminars.
Which it turns out the coin here plays a central key role in the whole facade.

I encourage people to dig into the info on LEO coin.
Come to your own conclusions.
Don't invest blindly.. take the time to do some reading first.

It concerns me that users would simply say well who cares.. can i profit on Poloniex with it ?
Well you can't because it is NOT listed on there    

Hopefully people take away from this the PRO scammers are HERE.
The kind of people that were doing this long before Bitcoin existed.

And lastly, we can't expose all scams but we can at least get the worst of them.
It's worth it if we can prevent 1 single person from getting wrapped up in their scammy crap.
Because if they do get trapped in a ponzi they will feel like their only hope of getting out and breaking even is to sucker in another victim.
Which is how these typos of things work.

[Febo]

Well o0o0 gets credit for raising that concern.
I just repeated what he said sort of..

We need to get a special badges for scam disclosurers.

[Cryptotraider16]

How funny you are kids really!
I cant stop to smile each time you post here omfg!
Love you all!
What a poor life you allhave... sorry for your kids to have ..... dads if you have kids! I hope not!🙈🙈🙈🙈

cryptotraider16 has convinced me with his arguments since they are so valid. being such a legitimate cryptocurrency i with big volumes and backings by high level people i thought bugger it, i'll risk 100k. i went to bittrex and couldnt see its trading pair... thought hmm bittrex must be lame so i went to poloniex hmm not there either. help cryptotraider why isnt it on bittrex or poloniex with such large markets.

spoetnik why cant i find it on polo or bittrex if its so not a scam?

You have on dabtc that is huge exchange right now 8 milion $ bigger then your bittrex or livecoin bitter then you bittrex!
Kid go get some milk 🙈😜

[Cryptotraider16]

Love you spoetnik! In few weeks or months all will see how smart you are! No valid user at all! But anyway i still love you!
I think you really need few canax a day with your energy!


Love all kids who keep follow you! You all togther can make together 5-10btc its why you will complsin all life!
Its so nice to play with you... ha ha i love you you alll! Kissss kids 😍🤡

[Cryptotraider16]

Wallet addres with no coins on addres cant show in blockchain you smart kids! Onfg!

[crypto jerk]

@cryptotrader16

Please come back when your balls drop son.

No one wants your teenagemutantninjaturtle bullshit ponzi scheme.

[obit33]

I think you really need few canax a day with your energy!

I think you probably mean XanaX, and seeing you make 3 posts in a row I think you are the one who's psychologically challenged here...
Especially seeing you keep defending the most obvious scam in crypto at this moment... freaking LeoCoin...

Cryptotraider16, your username is now tainted with the smell of scam forever... it will keep hunting you on this forum forever, your credibility will be nill forever... Wherever I, and others, will see you post scammy crap, we will call you out for it, forever...

best regards,

[fortunecrypto]

Good to see another ponzi scheme have been exposed with some horrible facts. Very hard to stop the people to make fraud attempt with these kind of mlm business model.

I think this is on eof the vain of crypto currency,people creating crypto currency for their ponzi mlm scheme,many more are going to come in in this kind of market,because people are believing and in fact investing,they are taking down decentralization because of their ponzi coin.