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Author Topic: Confido collected $ 340'000 on ICO and disappear  (Read 228 times)
ILmax (OP)
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November 25, 2017, 08:25:22 PM
 #1

A message that will surely provoke the wrath of the ICO opponents - the Confido project disappeared after it collected 347,000 dollars. The project sold tokens called CFD and claimed to offer "safe and care-free crypto-payments" to users.
The site and project data on reddit completely disappeared without a trace. The proposed founder and president, Just van Dur, who previously worked with eBay, sent a message to the company's Reddit:
We are in a difficult situation, because we have legal problems. Our legal adviser assured us that there is minimal risk, and signing contracts will not be a problem. I can not and will not go into details, but he was mistaken.
In the preparation of the ICO, TokenLot participated, which knows nothing about the current location of the coins. ICO, apparently, was a fraud, and although tokens were released, there was no real work on the platform.
Perhaps because of legal problems, or for some other reasons, the company simply disappeared, and all traces of its founders also disappeared. As a result of the disappearance, the price of the Confido token has lost more than 90 percent of the cost.
What do you think about that?
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Baofeng
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November 25, 2017, 10:05:01 PM
 #2

My thoughts? They are really pulling a scam from the beginning. And we all fall for it and it really hurt ICO' and giving it a bad reputation. Confido team are really good at setting everything up. From the hiring of Atriz, I think he is still new in the bitcoin signature campaign that time and Confido team take advantage of it. In fairness to Atriz though, he also been scammed as well.

Again, this kind of stunt really put ICO at a bad position. But let's say that they are still people who are going to fall for any scam. We must moved on and be careful next time and really scrutinized every ICO that will come along.

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JPnotmorgan
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November 26, 2017, 01:32:54 PM
 #3

A message that will surely provoke the wrath of the ICO opponents - the Confido project disappeared after it collected 347,000 dollars. The project sold tokens called CFD and claimed to offer "safe and care-free crypto-payments" to users.
The site and project data on reddit completely disappeared without a trace. The proposed founder and president, Just van Dur, who previously worked with eBay, sent a message to the company's Reddit:
We are in a difficult situation, because we have legal problems. Our legal adviser assured us that there is minimal risk, and signing contracts will not be a problem. I can not and will not go into details, but he was mistaken.
In the preparation of the ICO, TokenLot participated, which knows nothing about the current location of the coins. ICO, apparently, was a fraud, and although tokens were released, there was no real work on the platform.
Perhaps because of legal problems, or for some other reasons, the company simply disappeared, and all traces of its founders also disappeared. As a result of the disappearance, the price of the Confido token has lost more than 90 percent of the cost.
What do you think about that?

First, For everyone who invested blindly.. You deserved it!

Second, The Bounty Hunter manager here on BT, said an account at an exchange was created by the founder, and it can be traced.

Third, Congradulation for everyone who manage to sell on first couple of days and pocket 14x profit.

Fourth, We will see 99% of these ICOs bankrupt, goes out of business, or simply as Kickstars campaign: sorry we can deliver it!

Fifth, Same as stock market many will find no traders, and few will stay strong!

Lastly we are will be richer than before Cryptocurrencies STAY POSITIVE
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