[ANN][ICO] 🚀 Confido - Trustless escrow payments with shipment tracking 🚚

[masternode]

From Reddit:https://www.reddit.com/r/confido/comments/7e3p5t/announcement/

"To our community,
Thanks for always standing by us. We have achieved some incredible things these last two weeks, and the crypto space is beginning to notice us. However, we owe you an apology. Right now, we are in a tight spot, as we are having legal trouble caused by a contract we signed. We signed the contract with assurance from our legal advisor that there was minimal risk and it would not be an issue. I can't and won't go into details, but he was wrong. It is a problem.
We are trying our best to fight our way through this. As it currently stands, development has been delayed until a resolution is found. We are honestly not sure how long we will be delayed by, but we’re trying our best to get this behind us as fast as possible.
It is likely that we will be able to find a solution to rectify the situation. However, we cannot assure you with 100% certainty that we will get through this.
This announcement will shock a lot of people, and that’s understandable. I, Joost van Doorn, want to personally apologise for any financial damages this announcement will cause to people. It was never our intention to hurt investors; we didn’t see this coming.
We will keep you guys updated. Please join our announcement channel at https://t.me/joinchat/AAAAAENHpUJSHK7jzX6GZg
Regards,
The Confido team."

Seems like they got orbital striked by some sort of legal issue.  Wonder what kind of contract they signed?  Would be nice if the posted a copy of it so that the community knew it wasn't just a straight-out scam.

hmmm this seems to be a bad news

Legal issues might be the most troublesome issue to solve out compare to management or financial issue because legality is not decide-able by the team but someon else

I would like to know if the story about legal troubles is really true, but for now we can only believe it and wait.

[alterseny93]

Hi guys. I participated in the Bounty Confido and communicated in the telegram channel. Unfortunately, the chances of success are very small. You can read about this in this article:LINK

[klarki]

So it would not work if the work was carried out through the guarantor service.

[Mosasaur]

Ooohh.. God bless me for not buying this token.
Thank a lot to this forum

[h.qubaisi]

checkout their updated website, seems NOT scam after all, but no one is getting anything back as well

[brood007]

Interesting   

http://confido.io/
https://www.jonkersvangemert.nl/confido-announcement/

[quotas]

it is a scam imo, if you bail out like that it is hard to say it is not a scam. Those layers dont say if the money in reserve will be paid out at tokenowners or partcipants in the ico. So i dont understand why people still buying confido. > 8000$ today and +200% rise ..... lol

[SweetSv]

FUCK YOU JOOST. WE WILL FIND YOU!

Hello aTriz, you was meneger confido compagn?

[rajatjain]

it is a scam imo, if you bail out like that it is hard to say it is not a scam. Those layers dont say if the money in reserve will be paid out at tokenowners or partcipants in the ico. So i dont understand why people still buying confido. > 8000$ today and +200% rise ..... lol

There is money to be made in scams too. Consider a possibility that if the confido team do decide to give away the funds which they have collected, it means that they will be paying out about 375,000 or less to its investors and right now the market cap is somewhat near 150,000 which even too is a 100 percent increase from what it actually was before a day.
So still people are thinking that they can make 2x or 3x if they put in confido and just get the money back. This is complete stupidity of people who don't consider that the team might have bought confido at the cheapest amount and will likely pull off another stint by dumping at a higher cost and then running back.

No one is literally asking the law firm that put up the notice and even the ceo's links to his past companies were fake as told by pepsico. Still people are trying to make a buck out of it and in that they will end up losing much of it again.

How bullshit can one say by telling threat to life for trying to build a product? I mean one time the product is not feasible, other time some lawyer screwed them and now someone is trying to kill them?

I like that crypto is gaining more and more investors nowadays but it is bad to see that dumber people are coming into it and crying out when things dont go there way!

[Chiraag001]

The world is a cruel place.
Someone invested hard earned money believing in this project - probably someone trying to make a better life for him/herself and members of his/her family.
Only for someone greedy with no morals to steal all these funds.
Makes me sick to my stomach.

I thought about investing in this but did not in the end. I am sure the ''team'' are out there bragging to someone.
I hope they do the right thing and report them to authorities.

[twizztid]

I am not sure if anyone looked into their domain name yet, to bad they used a privacy guard to cover up who actually owned it. I do know somebody inside of the domain registar company they used, I have used them since they opened ( I am a web host and web designer) I can see if he will do me a favor and get me the information but no guarantee's . What I do see that is odd if they were actually planning on making a real go at this why buy the domain name for only one year and especially since they were running a special on that TLD as well as others for pretty cheap so it would make sense to buy it for a few years but maybe that is just the web host in me thinking or they had planned this all along. I am sorry for anyone that this happened too. I almost went in with them as it was a great idea and they were very convincing , but I went in with ore bitcoin instead. I will be open if anyone has any questions for me just PM me here , and I will leave a message for my friend who works for the domain registar and he will get back to me in a day or so--- again I am sorry for anyone affected by this, I wish i could do more.

Twizztid

[twizztid]

This is a little odd, here is Joost Van Doorn's LinkdIn he has 500 connections and it doesn't list any Pepsi or anything, things are turning ever stranger.....  https://www.linkedin.com/in/joostvandoorn/

Twizztid


**Edit Update**

I requested to connect with him on Linkdin and he accepted my request, I send him a message going to wait and see if he responds.***

[twizztid]

I am talking to a guy with the name of Joost Van Doorn on Linkdin right now , he is saying it was not him.... will update when I am done.

Twizztid

[masternode]

it is a scam imo, if you bail out like that it is hard to say it is not a scam. Those layers dont say if the money in reserve will be paid out at tokenowners or partcipants in the ico. So i dont understand why people still buying confido. > 8000$ today and +200% rise ..... lol

Did they already have their ICO and got a lot of money from it? If that is the case they should preset a plan B if the legal trouble can't be overcome and investors should be reimbursed.

[walerikus]

rip

[rajatjain]

it is a scam imo, if you bail out like that it is hard to say it is not a scam. Those layers dont say if the money in reserve will be paid out at tokenowners or partcipants in the ico. So i dont understand why people still buying confido. > 8000$ today and +200% rise ..... lol

Did they already have their ICO and got a lot of money from it? If that is the case they should preset a plan B if the legal trouble can't be overcome and investors should be reimbursed.

It was a scam plain and simple. Whatever they are trying to do now is actually ensuring that people will forgive them for running away with a big wad of cash. The money they will return will be just 375,000 but what about the money they invested in their own coins like for example giving themselves huge bounty from the tokens and then selling it off. They made good amount of money and it is most likely saved in different wallets which they can go to when this whole storm is over.

The law firm which is representing them should come forward and release their pictures or atleast someone should file a police case and name the law firm along with it so the real identities can come out as soon as possible.

[twizztid]

I chatted with the man on Linkdin last night for a little bit. This is not the man even though  his background does fit ( he is very versed in IT) The man look's nothing like what he has on his Linkdin , and also on his Facebook which is very old ( I did put them both in PDF files for those who would want to see it) SO thee are three things

   1) It is him and he just used a different picture

   2) The person used his man's name knowing they would be taking the money all along

   3) This is the long shot the guy in the picture is actually has that name , but somehow has no internet foot print at all

If anyone has any question's or want any of the information I have just PM me here.

Twizztid

[byteminr]

It was interesting idea but how it's happen?
This is an ordinary scam?
If it is true why in the message on website have information about refund?

[nike555]

Why this subject continues after the monument to everyone

[masternode]

it is a scam imo, if you bail out like that it is hard to say it is not a scam. Those layers dont say if the money in reserve will be paid out at tokenowners or partcipants in the ico. So i dont understand why people still buying confido. > 8000$ today and +200% rise ..... lol

Did they already have their ICO and got a lot of money from it? If that is the case they should preset a plan B if the legal trouble can't be overcome and investors should be reimbursed.

It was a scam plain and simple. Whatever they are trying to do now is actually ensuring that people will forgive them for running away with a big wad of cash. The money they will return will be just 375,000 but what about the money they invested in their own coins like for example giving themselves huge bounty from the tokens and then selling it off. They made good amount of money and it is most likely saved in different wallets which they can go to when this whole storm is over.

The law firm which is representing them should come forward and release their pictures or atleast someone should file a police case and name the law firm along with it so the real identities can come out as soon as possible.

The approach you suggest would indeed be the exact right one. It will become clear very quickly that they have something to hide and which serious law firm in the world would take any responsibility for the mess going on here? Does this "law firm" even exist?