[Warning] Polybius & EmerCoin - Scam

[IconFirm]

I found a very interesting recording of a telephone interview with Daniel Haudenschild, who is described as a Partner to Ernst & Young on their website (https://webforms.ey.com/ch/en/industries/financial-services/ey-contact-implementing-new-regulatory-requirements), on Soundcloud dated 6th June 2017, just after this Hashcoins/Polybius ICO scam started. The interviwee is a long time Bitcoin adopter & is very knowledgable in the field - this comes across very clearly in the interview with the questions he asks, which Daniel Haudenschild fails on all fronts to give an answer to.  Have a listen (ignore the first 30 seconds of silly music!):

https://soundcloud.com/junsethsworld/daniel-haudenschild-of-ernst-young-discusses-polybius-ico-6617-1151

There are several points of interest in the interview, here are a few that are relevent to this scam accusation:

1) 04.35 - Hashcoins confirmed as the people behind Polybius.
2) 06.30 - They don't hold a banking license.
3) 07.40 - Daniel Haudenschild admits that even he doesn't know who owns Polybius, which is not only strange coming from an "advisor" who works for Ernst & Young, but is also not disclosed in the white paper.
4) 09.10 - Ernst & Young did NOT endorse Polybius in any way & actions are underway to remove any Ernst & Young connection with Polybius. (*more on this below)
5) 09.30 - Hashcoins are a cludmining brand who sold miners that didn't exist.
6) 09.50 - Emercoin confirmed as partners & are described as a "non-sense project" (confirming the connection between Polybius, Hashcoins & Emercoin - which Emercoin have tried to deny on multiple occasions, despite me proving to them otherwise)

After the above & for the rest of the interview, Daniel Haudenschild seems unable to properly answer a single question, is often confused into silence & comes across as being pretty embarrassed about the whole thing. He must feel pretty stupid allowing not just himself, but the whole Ernst & Young brand name to be dragged into this whole scammy affair & I wouldn't be at all surprised if he loses his job at Ernst & Young for doing so.....

Wait, what's this?.......**MASSIVE UPDATE**

Daniel Haudenschild lost his job at Ernst & Young......

FT published a transcript of the above interview:

https://ftalphaville.ft.com/2017/06/07/2189826/building-blockchain-banks-with-icos/    (regtoread)

Updated at the bottom with:

Update (June 8th, 18:43 London time): EY have got in touch to say that “At publication of this story, Daniel Haudenschild is no longer with EY and his comments concerning EY’s Blockchain strategy are incorrect.”

*Ernst & Young have since instructed Polybius to remove all reference of Ernst & Young from the Polybius website & advertising. Polybius removed the Ernst & Young profiles from their website but continue to use it for advertising on various forums, websites & so called "news" outlets on the web:

https://www.cryptoninjas.net/2017/05/15/swiss-ey-officially-joins-polybius-cryptobank-advisors-ico-follow/

https://www.cryptoninjas.net/2017/04/25/blockchain-startup-polybius-bank-setup-switzerland-ernst-young-agrees-advise/

If Ernst & Young are prepared to fire anyone who associates their brand with Polybius, I'm pretty sure they will also go after Hashcoins/Polybius too. I hope they do, it will save many people getting ripped of by Hashcoins again, but you can do your bit too by contacting Ernst & Young using the below link (Fraud Investigation):

https://webforms.ey.com/uk/en/services/assurance/fraud-investigation---dispute-services

Let's be honest here, if Polybius are prepared to lie about their association with Ernst & Young then brag about it on the web - what else are they lying about? Add to this the fact that Hashcoins (older crypto users will know about them) are behind all of this & you've got a scam the size of Mt Etna waiting to explode.

Another point to mention here is the OP of the Polybius thread, nixoid, aka: Andrey Zamovskiy, founder of Ambisafe. nixoid has posted many ICO posts lately & I've read reports on most of them being a similar type scam as Polybius. I'm not sure if Ambisafe are connected to Hashcoins/Polybius - but the fact that Ambisafe are promoting them here & on their website is cause enough for concern:

https://bitcointalk.org/index.php?topic=1848751.msg19734730#msg19734730

All these scam ICO's are the scurge of crypto. For every legit one, there are 100 scam ones. The sooner we cleanse crypto of them, the better crypto will be for it.

I'm sure I'll get more BS neg-reps from the multitude of Polybius shill accounts (they love posting about it on their thread:)), but I really don't care tbh. I believe that if I can stop one person getting scammed then it's worth it - & the intelligent forum users here will see straight through the false trust anyway.

OK. Bash away

[gobbledygook]

I found a very interesting recording of a telephone interview with Daniel Haudenschild, who is described as a Partner to Ernst & Young on their website (https://webforms.ey.com/ch/en/industries/financial-services/ey-contact-implementing-new-regulatory-requirements), on Soundcloud dated 6th June 2017, just after this Hashcoins/Polybius ICO scam started. The interviwee is a long time Bitcoin adopter & is very knowledgable in the field - this comes across very clearly in the interview with the questions he asks, which Daniel Haudenschild fails on all fronts to give an answer to.  Have a listen (ignore the first 30 seconds of silly music!):

https://soundcloud.com/junsethsworld/daniel-haudenschild-of-ernst-young-discusses-polybius-ico-6617-1151

There are several points of interest in the interview, here are a few that are relevent to this scam accusation:

1) 04.35 - Hashcoins confirmed as the people behind Polybius.
2) 06.30 - They don't hold a banking license.
3) 07.40 - Daniel Haudenschild admits that even he doesn't know who owns Polybius, which is not only strange coming from an "advisor" who works for Ernst & Young, but is also not disclosed in the white paper.
4) 09.10 - Ernst & Young did NOT endorse Polybius in any way & actions are underway to remove any Ernst & Young connection with Polybius. (*more on this below)
5) 09.30 - Hashcoins are a cludmining brand who sold miners that didn't exist.
6) 09.50 - Emercoin confirmed as partners & are described as a "non-sense project" (confirming the connection between Polybius, Hashcoins & Emercoin - which Emercoin have tried to deny on multiple occasions, despite me proving to them otherwise)

After the above & for the rest of the interview, Daniel Haudenschild seems unable to properly answer a single question, is often confused into silence & comes across as being pretty embarrassed about the whole thing. He must feel pretty stupid allowing not just himself, but the whole Ernst & Young brand name to be dragged into this whole scammy affair & I wouldn't be at all surprised if he loses his job at Ernst & Young for doing so.....

Wait, what's this?.......**MASSIVE UPDATE**

Daniel Haudenschild lost his job at Ernst & Young......

FT published a transcript of the above interview:

https://ftalphaville.ft.com/2017/06/07/2189826/building-blockchain-banks-with-icos/    (regtoread)

Updated at the bottom with:

Update (June 8th, 18:43 London time): EY have got in touch to say that “At publication of this story, Daniel Haudenschild is no longer with EY and his comments concerning EY’s Blockchain strategy are incorrect.”

*Ernst & Young have since instructed Polybius to remove all reference of Ernst & Young from the Polybius website & advertising. Polybius removed the Ernst & Young profiles from their website but continue to use it for advertising on various forums, websites & so called "news" outlets on the web:

https://www.cryptoninjas.net/2017/05/15/swiss-ey-officially-joins-polybius-cryptobank-advisors-ico-follow/

https://www.cryptoninjas.net/2017/04/25/blockchain-startup-polybius-bank-setup-switzerland-ernst-young-agrees-advise/

If Ernst & Young are prepared to fire anyone who associates their brand with Polybius, I'm pretty sure they will also go after Hashcoins/Polybius too. I hope they do, it will save many people getting ripped of by Hashcoins again, but you can do your bit too by contacting Ernst & Young using the below link (Fraud Investigation):

https://webforms.ey.com/uk/en/services/assurance/fraud-investigation---dispute-services

Let's be honest here, if Polybius are prepared to lie about their association with Ernst & Young then brag about it on the web - what else are they lying about? Add to this the fact that Hashcoins (older crypto users will know about them) are behind all of this & you've got a scam the size of Mt Etna waiting to explode.

Another point to mention here is the OP of the Polybius thread, nixoid, aka: Andrey Zamovskiy, founder of Ambisafe. nixoid has posted many ICO posts lately & I've read reports on most of them being a similar type scam as Polybius. I'm not sure if Ambisafe are connected to Hashcoins/Polybius - but the fact that Ambisafe are promoting them here & on their website is cause enough for concern:

https://bitcointalk.org/index.php?topic=1848751.msg19734730#msg19734730

All these scam ICO's are the scurge of crypto. For every legit one, there are 100 scam ones. The sooner we cleanse crypto of them, the better crypto will be for it.

I'm sure I'll get more BS neg-reps from the multitude of Polybius shill accounts (they love posting about it on their thread:)), but I really don't care tbh. I believe that if I can stop one person getting scammed then it's worth it - & the intelligent forum users here will see straight through the false trust anyway.

OK. Bash away

wow! well done... that's kind of research btw, EY was removed already from their site. the bluff turned out quite fast.

[lockept93]

I found a very interesting recording of a telephone interview with Daniel Haudenschild, who is described as a Partner to Ernst & Young on their website (https://webforms.ey.com/ch/en/industries/financial-services/ey-contact-implementing-new-regulatory-requirements), on Soundcloud dated 6th June 2017, just after this Hashcoins/Polybius ICO scam started. The interviwee is a long time Bitcoin adopter & is very knowledgable in the field - this comes across very clearly in the interview with the questions he asks, which Daniel Haudenschild fails on all fronts to give an answer to.  Have a listen (ignore the first 30 seconds of silly music!):

https://soundcloud.com/junsethsworld/daniel-haudenschild-of-ernst-young-discusses-polybius-ico-6617-1151

There are several points of interest in the interview, here are a few that are relevent to this scam accusation:

1) 04.35 - Hashcoins confirmed as the people behind Polybius.
2) 06.30 - They don't hold a banking license.
3) 07.40 - Daniel Haudenschild admits that even he doesn't know who owns Polybius, which is not only strange coming from an "advisor" who works for Ernst & Young, but is also not disclosed in the white paper.
4) 09.10 - Ernst & Young did NOT endorse Polybius in any way & actions are underway to remove any Ernst & Young connection with Polybius. (*more on this below)
5) 09.30 - Hashcoins are a cludmining brand who sold miners that didn't exist.
6) 09.50 - Emercoin confirmed as partners & are described as a "non-sense project" (confirming the connection between Polybius, Hashcoins & Emercoin - which Emercoin have tried to deny on multiple occasions, despite me proving to them otherwise)

After the above & for the rest of the interview, Daniel Haudenschild seems unable to properly answer a single question, is often confused into silence & comes across as being pretty embarrassed about the whole thing. He must feel pretty stupid allowing not just himself, but the whole Ernst & Young brand name to be dragged into this whole scammy affair & I wouldn't be at all surprised if he loses his job at Ernst & Young for doing so.....

Wait, what's this?.......**MASSIVE UPDATE**

Daniel Haudenschild lost his job at Ernst & Young......

FT published a transcript of the above interview:

https://ftalphaville.ft.com/2017/06/07/2189826/building-blockchain-banks-with-icos/    (regtoread)

Updated at the bottom with:

Update (June 8th, 18:43 London time): EY have got in touch to say that “At publication of this story, Daniel Haudenschild is no longer with EY and his comments concerning EY’s Blockchain strategy are incorrect.”

*Ernst & Young have since instructed Polybius to remove all reference of Ernst & Young from the Polybius website & advertising. Polybius removed the Ernst & Young profiles from their website but continue to use it for advertising on various forums, websites & so called "news" outlets on the web:

https://www.cryptoninjas.net/2017/05/15/swiss-ey-officially-joins-polybius-cryptobank-advisors-ico-follow/

https://www.cryptoninjas.net/2017/04/25/blockchain-startup-polybius-bank-setup-switzerland-ernst-young-agrees-advise/

If Ernst & Young are prepared to fire anyone who associates their brand with Polybius, I'm pretty sure they will also go after Hashcoins/Polybius too. I hope they do, it will save many people getting ripped of by Hashcoins again, but you can do your bit too by contacting Ernst & Young using the below link (Fraud Investigation):

https://webforms.ey.com/uk/en/services/assurance/fraud-investigation---dispute-services

Let's be honest here, if Polybius are prepared to lie about their association with Ernst & Young then brag about it on the web - what else are they lying about? Add to this the fact that Hashcoins (older crypto users will know about them) are behind all of this & you've got a scam the size of Mt Etna waiting to explode.

Another point to mention here is the OP of the Polybius thread, nixoid, aka: Andrey Zamovskiy, founder of Ambisafe. nixoid has posted many ICO posts lately & I've read reports on most of them being a similar type scam as Polybius. I'm not sure if Ambisafe are connected to Hashcoins/Polybius - but the fact that Ambisafe are promoting them here & on their website is cause enough for concern:

https://bitcointalk.org/index.php?topic=1848751.msg19734730#msg19734730

All these scam ICO's are the scurge of crypto. For every legit one, there are 100 scam ones. The sooner we cleanse crypto of them, the better crypto will be for it.

I'm sure I'll get more BS neg-reps from the multitude of Polybius shill accounts (they love posting about it on their thread:)), but I really don't care tbh. I believe that if I can stop one person getting scammed then it's worth it - & the intelligent forum users here will see straight through the false trust anyway.

OK. Bash away

wow! well done... that's kind of research btw, EY was removed already from their site. the bluff turned out quite fast.

The interview is very interesting and now its clear why polybius devs kicked out this Daniel.
He confirms to much that he should not do. Thx for that research.

[R2-D2R2]

They running multiple ico scams always with the same false promises, that nix guy has been launching a lot of ico which always end up being a scam

[steampunkz]

I thought this will happen. Many people are telling and predicting this will be potentially became scam because of its  members connected to other multiple ICO scams.

[anahata]

Still they get their 30 million $'s. This is getting out of hand now. How people can be so naive that they shell out 10$ for a digital token, which has no real value in real life or even digital life. Whom of you really thinks that it will worth 10$ when this hits exchanges??

[lockept93]

Still they get their 30 million $'s. This is getting out of hand now. How people can be so naive that they shell out 10$ for a digital token, which has no real value in real life or even digital life. Whom of you really thinks that it will worth 10$ when this hits exchanges??

If so many believe it has a worth - it starts to get it. Thats the problem. People think, if there is a coin or ico on markets, it cant be a scam.

[blurryeyed]

Still they get their 30 million $'s.

Don't believe the figures they post - everything they posted so far has proven to be a lie, I'm sure their numbers are no different.

Remember, this is Hashcoins we're talking about. Lies, deception, fraud & theft are their game.

[invo]

Still they get their 30 million $'s.

Don't believe the figures they post - everything they posted so far has proven to be a lie, I'm sure their numbers are no different.

Remember, this is Hashcoins we're talking about. Lies, deception, fraud & theft are their game.

is that actually true? if that so, i feel sorry for the participants of this campaign, especially to my friend, because he joined in signature campaign of polybius and looking forwards to this project.

[rugger86]

This is a huge red flag. Thanks for sharing.

I found a very interesting recording of a telephone interview with Daniel Haudenschild, who is described as a Partner to Ernst & Young on their website (https://webforms.ey.com/ch/en/industries/financial-services/ey-contact-implementing-new-regulatory-requirements), on Soundcloud dated 6th June 2017, just after this Hashcoins/Polybius ICO scam started. The interviwee is a long time Bitcoin adopter & is very knowledgable in the field - this comes across very clearly in the interview with the questions he asks, which Daniel Haudenschild fails on all fronts to give an answer to.  Have a listen (ignore the first 30 seconds of silly music!):

https://soundcloud.com/junsethsworld/daniel-haudenschild-of-ernst-young-discusses-polybius-ico-6617-1151

There are several points of interest in the interview, here are a few that are relevent to this scam accusation:

1) 04.35 - Hashcoins confirmed as the people behind Polybius.
2) 06.30 - They don't hold a banking license.
3) 07.40 - Daniel Haudenschild admits that even he doesn't know who owns Polybius, which is not only strange coming from an "advisor" who works for Ernst & Young, but is also not disclosed in the white paper.
4) 09.10 - Ernst & Young did NOT endorse Polybius in any way & actions are underway to remove any Ernst & Young connection with Polybius. (*more on this below)
5) 09.30 - Hashcoins are a cludmining brand who sold miners that didn't exist.
6) 09.50 - Emercoin confirmed as partners & are described as a "non-sense project" (confirming the connection between Polybius, Hashcoins & Emercoin - which Emercoin have tried to deny on multiple occasions, despite me proving to them otherwise)

After the above & for the rest of the interview, Daniel Haudenschild seems unable to properly answer a single question, is often confused into silence & comes across as being pretty embarrassed about the whole thing. He must feel pretty stupid allowing not just himself, but the whole Ernst & Young brand name to be dragged into this whole scammy affair & I wouldn't be at all surprised if he loses his job at Ernst & Young for doing so.....

Wait, what's this?.......**MASSIVE UPDATE**

Daniel Haudenschild lost his job at Ernst & Young......

FT published a transcript of the above interview:

https://ftalphaville.ft.com/2017/06/07/2189826/building-blockchain-banks-with-icos/    (regtoread)

Updated at the bottom with:

Update (June 8th, 18:43 London time): EY have got in touch to say that “At publication of this story, Daniel Haudenschild is no longer with EY and his comments concerning EY’s Blockchain strategy are incorrect.”

*Ernst & Young have since instructed Polybius to remove all reference of Ernst & Young from the Polybius website & advertising. Polybius removed the Ernst & Young profiles from their website but continue to use it for advertising on various forums, websites & so called "news" outlets on the web:

https://www.cryptoninjas.net/2017/05/15/swiss-ey-officially-joins-polybius-cryptobank-advisors-ico-follow/

https://www.cryptoninjas.net/2017/04/25/blockchain-startup-polybius-bank-setup-switzerland-ernst-young-agrees-advise/

If Ernst & Young are prepared to fire anyone who associates their brand with Polybius, I'm pretty sure they will also go after Hashcoins/Polybius too. I hope they do, it will save many people getting ripped of by Hashcoins again, but you can do your bit too by contacting Ernst & Young using the below link (Fraud Investigation):

https://webforms.ey.com/uk/en/services/assurance/fraud-investigation---dispute-services

Let's be honest here, if Polybius are prepared to lie about their association with Ernst & Young then brag about it on the web - what else are they lying about? Add to this the fact that Hashcoins (older crypto users will know about them) are behind all of this & you've got a scam the size of Mt Etna waiting to explode.

Another point to mention here is the OP of the Polybius thread, nixoid, aka: Andrey Zamovskiy, founder of Ambisafe. nixoid has posted many ICO posts lately & I've read reports on most of them being a similar type scam as Polybius. I'm not sure if Ambisafe are connected to Hashcoins/Polybius - but the fact that Ambisafe are promoting them here & on their website is cause enough for concern:

https://bitcointalk.org/index.php?topic=1848751.msg19734730#msg19734730

All these scam ICO's are the scurge of crypto. For every legit one, there are 100 scam ones. The sooner we cleanse crypto of them, the better crypto will be for it.

I'm sure I'll get more BS neg-reps from the multitude of Polybius shill accounts (they love posting about it on their thread:)), but I really don't care tbh. I believe that if I can stop one person getting scammed then it's worth it - & the intelligent forum users here will see straight through the false trust anyway.

OK. Bash away

[ThePromise]

is this for real? i see a good feedback in polybius thread and i thought its a good one, if its a scam project why would the investors still invest? and support this project? maybe it is not?

[kissmemissme]

Looks like we are going for 100M -_-

[IconFirm]

**snip**_-

Wrong thread....lol

Do you seriously believe those BS numbers?

[kissmemissme]

**snip**_-

Wrong thread....lol

Do you seriously believe those BS numbers?

I was surprised to see another steps after 25M lol))) and i dont think, that i've chosen wrong thread))

[u129912]

I do not think this is a scam in terms of any criminal code. Polybius founders did not assure that market price of Polybius tokens will rise or that their bank will be profitable. They did not promise to register a bank successfully; they promised to try to register it depending on decision of regulator.

[lockept93]

I do not think this is a scam in terms of any criminal code. Polybius founders did not assure that market price of Polybius tokens will rise or that their bank will be profitable. They did not promise to register a bank successfully; they promised to try to register it depending on decision of regulator.

And then they, try and try and try and after all they say they fail?
Sorry to all investors, but we even dont promise!?

You can do this limitless - and there will be allways people who still believe.

If you go through everything you can see one big point - there only words!
Nothing real to show, nothing.
Dont be naive.

[ct1aic]

I do not think this is a scam in terms of any criminal code. Polybius founders did not assure that market price of Polybius tokens will rise or that their bank will be profitable. They did not promise to register a bank successfully; they promised to try to register it depending on decision of regulator.

And then they, try and try and try and after all they say they fail?
Sorry to all investors, but we even dont promise!?

You can do this limitless - and there will be allways people who still believe.

If you go through everything you can see one big point - there only words!
Nothing real to show, nothing.
Dont be naive.

One day I will try to understand why the death hatred that lockept93 and other bad-looking vomiters have of Polybius.

[lockept93]

I do not think this is a scam in terms of any criminal code. Polybius founders did not assure that market price of Polybius tokens will rise or that their bank will be profitable. They did not promise to register a bank successfully; they promised to try to register it depending on decision of regulator.

And then they, try and try and try and after all they say they fail?
Sorry to all investors, but we even dont promise!?

You can do this limitless - and there will be allways people who still believe.

If you go through everything you can see one big point - there only words!
Nothing real to show, nothing.
Dont be naive.

One day I will try to understand why the death hatred that lockept93 and other bad-looking vomiters have of Polybius.

Sry, i hate scammers and people who try to steal.
Anyway, i do not lose any money when they run. Just cant understand why people want to be so blind.

It is not only to call out its a scam, just give infos and let everybody decide alone.
I hope many people think twice about this after reading here and maybe we saved a little bit of personal money.

I really cant wait to send some  to different defenders of polybius & co.

[blurryeyed]

I saw Oleg was online on the Emercoin thread so I asked him:

**Oleg online**

How about you Oleg - care to answer?

Emercoin and Polybius are NOT the same organization.

You can assure everyone that this is the case by removing the Hashcoins scammers link from your website. After all, linking to & promoting proven scammers like them on your website is bound to create suspicion - don't you think?

No comment?

Well, seeing as Eugene Shumilov - Founder and CEO of Emercoin - has been so busy promoting Polybius & Hashcoins on medium lately:

https://medium.com/@emer.tech/polybius-bank-the-biggest-story-of-the-year-in-the-cryptocurrency-realm-634c9b1db57

..I can't say I'm surprised you can't (or won't) answer.

So it's true that Emercoin & Hashcoins/Polybius are the same team then.

Thanks for clarifying.

**Oleg logs off**

Amazing. Not a single answer from a single member of the Emercoin/Hashcoins/Polybius team either here or on medium, but they have no problem posting to advertise themselves.....

Guilty.

I got no reply from Eugene Shumilov or anyone else from Emercoin either. Nobody. They seem to have gone completely silent since all this came out.

I wonder why.........

[craslovell]

@blurryeyed (IconFirm)

The team has rarely used the forums for communication over the 3+ year history of Emercoin. Why don't you join the slack as I suggested. Or email us directly. Don't use the "it's not in public" excuse either because of course you would post any reply you got here if it fit your agenda.