⚡[ANN] TOKENPAY ⚡ SCAMMED 1 MILLION $ FROM BOUNTY AND REFERRAL PROGRAM ⚡

[JollyGood]

Their project was a scam from the word "go". They designed it in a way that they could steal from investors and get rich from the ICO but do it in a way that showed they were working on a legitimate project so they could ward off any sort of legal action. This type of scam is being used rather than run off with ICO funds because they are trying to protect them selves from legal action.

It had an all time high market cap of $133 million but now is just around the $750,000 mark. The scammers who ran the project probably walked away with $millions

Tokenpay is almost dead now, https://coinmarketcap.com/currencies/tokenpay/

If they have release the bounty reward when the price was still good, then maybe we will see bounty hunters are enjoying their reward.
A project that scam the bounty hunters are a scam project, maybe they already lose the investor's confidence resulting to a bad price.

[1714652420]

1714652420

[1714652420]

1714652420

[1714652420]

1714652420

[Vaculin]

You are definitely correct, the way the value has sunk, it's not wise to think the team is still working the project to survive.
From the very beginning we know it's already a scam because they steal from bounty hunters which they should not do if they value their reputation.

Their project was a scam from the word "go". They designed it in a way that they could steal from investors and get rich from the ICO but do it in a way that showed they were working on a legitimate project so they could ward off any sort of legal action. This type of scam is being used rather than run off with ICO funds because they are trying to protect them selves from legal action.

It had an all time high market cap of $133 million but now is just around the $750,000 mark. The scammers who ran the project probably walked away with $millions

Tokenpay is almost dead now, https://coinmarketcap.com/currencies/tokenpay/

If they have release the bounty reward when the price was still good, then maybe we will see bounty hunters are enjoying their reward.
A project that scam the bounty hunters are a scam project, maybe they already lose the investor's confidence resulting to a bad price.

[bitcampaign]

There marketcap data don’t lie, they just almost took all the money. It was a very well hype project in their early days but soon to be listed in crypto obituary. Honestly I’m still surprised that TPAY is still trading these days, I really thought that they’re already dead. I’m very much more excited seeing founders charged for their fraud.

It is sad but true that the founders are not being charged anywhere soon . I've tried my best. tried contacting FBI. Federal Trade Comission and every other agencies . but no one gave any response. I've tried contact the exchanges. coinmarketcap but seems no one cares. because they all have been paid.
it's simple if a scam project pay them to list their coin . they'll do it.

don't have to be sad to see it too, their project is really dead now and people will leave the project, they themselves are destroying the reputation of the project itself so there is no community support for them to keep the project, but people should be careful too, maybe of course they make other similar projects

[virasog]

There marketcap data don’t lie, they just almost took all the money. It was a very well hype project in their early days but soon to be listed in crypto obituary. Honestly I’m still surprised that TPAY is still trading these days, I really thought that they’re already dead. I’m very much more excited seeing founders charged for their fraud.

It is sad but true that the founders are not being charged anywhere soon . I've tried my best. tried contacting FBI. Federal Trade Comission and every other agencies . but no one gave any response. I've tried contact the exchanges. coinmarketcap but seems no one cares. because they all have been paid.
it's simple if a scam project pay them to list their coin . they'll do it.

don't have to be sad to see it too, their project is really dead now and people will leave the project, they themselves are destroying the reputation of the project itself so there is no community support for them to keep the project, but people should be careful too, maybe of course they make other similar projects

They don't care if the project is dying or not. The owners have already earned a lot from this project and the losers are the investors who invested in the scam project and also the bounty hunters who wasted their time in promoting the project with no reward.

[plast555]

Their project was a scam from the word "go". They designed it in a way that they could steal from investors and get rich from the ICO but do it in a way that showed they were working on a legitimate project so they could ward off any sort of legal action. This type of scam is being used rather than run off with ICO funds because they are trying to protect them selves from legal action.

It had an all time high market cap of $133 million but now is just around the $750,000 mark. The scammers who ran the project probably walked away with $millions

Tokenpay is almost dead now, https://coinmarketcap.com/currencies/tokenpay/

If they have release the bounty reward when the price was still good, then maybe we will see bounty hunters are enjoying their reward.
A project that scam the bounty hunters are a scam project, maybe they already lose the investor's confidence resulting to a bad price.

Their Coin's current price is $0.0339 they drop from $10 to only $0.0339. which is the proof that no one interested in their coin anymore. but they did not exit yet. their social media account are still active. they rebranded their Project name to "Royal Gaming Technology". looks like they are not done with scamming inoccent people yet. and there are still some people supporting them.
they also own this gambling site: https://bitcoinblackjack.com

[bitkanu]

There marketcap data don’t lie, they just almost took all the money. It was a very well hype project in their early days but soon to be listed in crypto obituary. Honestly I’m still surprised that TPAY is still trading these days, I really thought that they’re already dead. I’m very much more excited seeing founders charged for their fraud.

It is sad but true that the founders are not being charged anywhere soon . I've tried my best. tried contacting FBI. Federal Trade Comission and every other agencies . but no one gave any response. I've tried contact the exchanges. coinmarketcap but seems no one cares. because they all have been paid.
it's simple if a scam project pay them to list their coin . they'll do it.

If there were some US investors that have invested in this scam project and these investors could have brought tokenpay to the legal action. I have told some US investors in the past to take the legal action against a scam project called bitclave and then bitclave has already sued by SEC as the US investors who have participated in the bitclave felt they have already scammed and reported it to take the legal action against it to get back their money.

It's not an easy task to create a report to the legal action against the project. You will need someone from the US to help you create a report to the SEC or even FBI.

I hope SEC will take a look at this scam project.

[Sanitough]

There marketcap data don’t lie, they just almost took all the money. It was a very well hype project in their early days but soon to be listed in crypto obituary. Honestly I’m still surprised that TPAY is still trading these days, I really thought that they’re already dead. I’m very much more excited seeing founders charged for their fraud.

It is sad but true that the founders are not being charged anywhere soon . I've tried my best. tried contacting FBI. Federal Trade Comission and every other agencies . but no one gave any response. I've tried contact the exchanges. coinmarketcap but seems no one cares. because they all have been paid.
it's simple if a scam project pay them to list their coin . they'll do it.

If there were some US investors that have invested in this scam project and these investors could have brought tokenpay to the legal action. I have told some US investors in the past to take the legal action against a scam project called bitclave and then bitclave has already sued by SEC as the US investors who have participated in the bitclave felt they have already scammed and reported it to take the legal action against it to get back their money.

It's not an easy task to create a report to the legal action against the project. You will need someone from the US to help you create a report to the SEC or even FBI.

I hope SEC will take a look at this scam project.

I don't think these people will go to jail, if there are people who complain, they have done it a long time ago, this project was already more than 3 years and we have heard from the news that they got arrested for their scam.

[plast555]

There marketcap data don’t lie, they just almost took all the money. It was a very well hype project in their early days but soon to be listed in crypto obituary. Honestly I’m still surprised that TPAY is still trading these days, I really thought that they’re already dead. I’m very much more excited seeing founders charged for their fraud.

It is sad but true that the founders are not being charged anywhere soon . I've tried my best. tried contacting FBI. Federal Trade Comission and every other agencies . but no one gave any response. I've tried contact the exchanges. coinmarketcap but seems no one cares. because they all have been paid.
it's simple if a scam project pay them to list their coin . they'll do it.

If there were some US investors that have invested in this scam project and these investors could have brought tokenpay to the legal action. I have told some US investors in the past to take the legal action against a scam project called bitclave and then bitclave has already sued by SEC as the US investors who have participated in the bitclave felt they have already scammed and reported it to take the legal action against it to get back their money.

It's not an easy task to create a report to the legal action against the project. You will need someone from the US to help you create a report to the SEC or even FBI.

I hope SEC will take a look at this scam project.

By Digging out their ICO history. I found out that they did not allowed US Citizens to participate in their ICO. Even their owners are based in US. but they claimed to register Tokenpay from another place, I think singapore (if I am not forgetting) and they restricted US and chinese Investors to join ICO as that time US and Chinese Govt was hard on ICOs and Tokensales. so yeah you are right. it is difficult to get any refund or any legal actions against them as they did not mess up with strong nations.

[globalcitizen]

There marketcap data don’t lie, they just almost took all the money. It was a very well hype project in their early days but soon to be listed in crypto obituary. Honestly I’m still surprised that TPAY is still trading these days, I really thought that they’re already dead. I’m very much more excited seeing founders charged for their fraud.

It is sad but true that the founders are not being charged anywhere soon . I've tried my best. tried contacting FBI. Federal Trade Comission and every other agencies . but no one gave any response. I've tried contact the exchanges. coinmarketcap but seems no one cares. because they all have been paid.
it's simple if a scam project pay them to list their coin . they'll do it.

If there were some US investors that have invested in this scam project and these investors could have brought tokenpay to the legal action. I have told some US investors in the past to take the legal action against a scam project called bitclave and then bitclave has already sued by SEC as the US investors who have participated in the bitclave felt they have already scammed and reported it to take the legal action against it to get back their money.

It's not an easy task to create a report to the legal action against the project. You will need someone from the US to help you create a report to the SEC or even FBI.

I hope SEC will take a look at this scam project.

I'm sorry to tell you that SEC was not going to do anything in this regard because it's obvious that no US person or entity participated in the tokensale or the bounty program as the legal system already set in place by the country forbade them from doing so. So I don't see any compelling reason that will make US to be interested in this case. It's unfortunate but that's the fact.

Maybe, people like Derek and other scam project proprietors in this ecosystem present an undisputable reason while every country and jurisdictions should regulate crypto activities to checkmate such fraudulent tendencies.