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Author Topic: "Kencoin" ICO Scam  (Read 560 times)
margana
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September 09, 2017, 03:00:02 PM
 #1

I'm no expert but I'm pretty sure this one is a scam, there is no smart contract on this address that is supposed to "automatically credit you".

https://kencoin.org/faq/

Quote
ETH TOKEN SALE ADDRESS

Send Ether to the address below and you'll be credited automatically:
0x784bDe9667462EA7E1e5C134D5179e5F475954A9

Set Gas Limit to 200,000 before sending ETH contribution


https://www.reddit.com/r/ethtrader/comments/6up6f3/be_very_wary_of_the_kencoin_ico/
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giveen
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September 10, 2017, 03:29:00 AM
 #2

The reddit post is more than 3 months old it would have been better if you posted this before.
I checked their ico address they have barely raised 200 eth which is less for a ico but enough for a scammer , i checked the users who sent money to their address and indeed no tokens were sent in return nor the site isn't secure also it's better if investors stay away from this scam thanks for informing us.
Edit : I asked the team in slack they claim that the tokens will be sent after ico while it's mentioned automatically after making payments.
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October 30, 2017, 04:21:24 PM
 #3

i got my tokens!!! today!!
https://ethplorer.io/address/0xbf4a29269bf3a5c351c2af3a9c9ed81b07129ce4
XCryptoFund
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June 13, 2018, 02:53:57 PM
 #4

I heard that company was mainly funded by private fund and investors pool. I know they have raised more in pre-sale than during ICO
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July 12, 2018, 02:15:34 PM
 #5

KenCoin team is still here, they just have announced an Airdrop/Bounty recently. They just have released new website also
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