TRADOVE ICO BBCOIN is a SCAM

[RealKariverson]

I found this ICO by icobench too. I went into their telegram and I saw tons of refund requests etc. I had no idea what was going on. My questions got ignored. Their KYC asks for a passport pic, without proof of address. Very different than the KYC procedures I had experience with. Made me feel very insecure to where I sent my passport.
Also they do not give out tokens immediately like other ICOs. All the tokens will be distributed after they get all the money. Not even purchases in ETH via smart contract will give you your tokens directly. (If this is false you should had answered my repeated questions on telegram). And a screenshot of your payment from your wallet is required! That's new! All this combined with a relatively big minimum investment amount.
Either they're so damn bad at what they're doing making themselves appear shady or the are shady. I do not know. Wanted to share my experience.

I never read this thread before today to make things clear. My own experience led me to search for a bitcointalk.org thread.

And the CEO threatening with lawsuits a random guy on the internet? Feels like trying too hard.

[1715126891]

1715126891

[kentjyan]

TRADOVE ANNOUNCES BLOCKCHAIN TEAM

Netis Blockchain Technologies have been appointed as Tradove's Blockchain Team. Read all details here:

https://medium.com/@tra_dove/press-release-tradove-blockchain-team-annonucement-ee3c34b9fa67

https://i.imgur.com/6dR0CBt.jpg

[BeqaS]

Hi TraDove team,

I am an investor and I am researching about your project after getting some information from ICObench.
I believe that many investors gave you ways to clear their doubts but it seems that you have not taken any action. Also, I want to see how your legal team has handled the issue, after 1 week since you threatened Entertainment. Any words stated by a CEO should be kept.

I will follow the thread to see if I should invest in the project.

[ichanjay]

I found this ICO by icobench too. I went into their telegram and I saw tons of refund requests etc. I had no idea what was going on. My questions got ignored. Their KYC asks for a passport pic, without proof of address. Very different than the KYC procedures I had experience with. Made me feel very insecure to where I sent my passport.
Also they do not give out tokens immediately like other ICOs. All the tokens will be distributed after they get all the money. Not even purchases in ETH via smart contract will give you your tokens directly. (If this is false you should had answered my repeated questions on telegram). And a screenshot of your payment from your wallet is required! That's new! All this combined with a relatively big minimum investment amount.
Either they're so damn bad at what they're doing making themselves appear shady or the are shady. I do not know. Wanted to share my experience.

I never read this thread before today to make things clear. My own experience led me to search for a bitcointalk.org thread.

And the CEO threatening with lawsuits a random guy on the internet? Feels like trying too hard.

I agree. I was about to invest today. But my instincts tells me to do more research. This is the first ICO i participated in that needs a photo/screenshot for proof of payment, also othe minimum amount required is high compared to other ICOs. Im not saying that this really is a Scam project, but it seems shady. Good thing i trusted my instincts

[kentjyan]

Honestly, this whole board is based on pure bullshit FUD and should be taken down.

Can we just think about this for a second: there is one guy, "entertainment," that goes around a week ago smearing the word "scam" in big letters everywhere and people get nervous.

They start asking for refunds, and the team, quite rightly busy doing their job working at Tradove scrambles to process these orders and this takes a few days to sort out. People get more nervous when they think they've lost their money - and things start spiralling from there.

For a start that an ICO would offer refunds at all is evidence enough of good faith - but if you really want proof of their veracity note that the people got their refunds in due course (see posts 4, 26 and 43 on this board).

The problem was that the horse had bolted - fear had taken root and misinformation started growing easily, spurred on by this entertainment dickhead who probably has had a really fun week being a troll.

But look at it with a fresh pair of eyes for a second and you'll realise that the refunds really are the tip of the iceberg in terms of evidence that this is a legitimate ICO:

Not once, in a million, billion years would a scam company use SAFT contracts - these require American investors to give their details to the american securities regulator the SEC - an organisation designed to protect consumers from fraud? (i suggest you read up https://www.forbes.com/sites/nikolaikuznetsov/2017/10/10/regulations-to-make-or-break-cryptocurrencies-icos/#2961f05c8a83
This is the strongest piece of evidence in my eyes but you be the judge.

Further; how would a scam company convince a former US Congressmen and the ex-head of the Bank of America to put their names on the website let alone come onto the team? These guys have a huge public profile and would never go anywhere near this if it was so fishy that your average punter on botcointalk could smell it. https://www.youtube.com/watch?v=lToEaSAVb10, https://www.youtube.com/watch?v=Miwkpdl8Mtg

Also, how do you explain the fact that the ICO has raised 12 million dollars before the presale period has even finished? (maybe most people aren't as easily swayed by absolute nonsense and can see a legitimate offering when it shows up). https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FWSxqSh7.jpg&t=585&c=tRVBkqWJruKwWg

What about reviews on all the main crypto news sources touting Tradove as not just a legitimate but a highly exciting ICO? https://www.ico-check.com/ico-detail/tradove

Let's be absolutely clear - this board contains nothing but FUD. Do your own bloody research next time and don't be so easily convinced by 25 point text and a big red bull icon (looks Freudian to me but that's not relevant).

If you want to see where the grown ups are talking about Tradove, i suggest you pop over to the actual board at https://bitcointalk.org/index.php?topic=2288789.0;all and realise that the conversation has moved on (mostly) from this idiotic fear campaign and people are getting excited about the prospect of backing a really solid project.

I certainly am!

[fmz89]

TraDove ico is currently open and so far they've collected over 6,000 ETH.

However, they're funnelling the funds via thousands of tiny wallets into Binance.



The ETH contribution address is:
0x90b12787fa2067ccb46f017f70c07529a562c6c9

If you do some digging through transactions you'll spot a pattern. Eth is being sent to staging wallets. Once a wallet reaches 100ETH, it is being split into 3 different wallets. Two of the three are large, about 98ETH total, and the third is the small remainder. In the new wallets for the two large amounts, the process repeats until it reaches 100 ETH, and again it splits.

What's interesting is where the small amounts are going. If you follow them, they bundle into wallets that reach about 4 ETH, then it goes to Binance.

Here's an example chain of transactions:
>From https://etherscan.io/address/0x90b12787fa2067ccb46f017f70c07529a562c6c9
>https://etherscan.io/tx/0x831ac669d2b567e0a31fb25f9e84ddecec01a302affb41959e9dd38abaa0cf42
>To https://etherscan.io/address/0xd27e3ee37894bbd9bee348a4c4839e5876a53b29
>https://etherscan.io/tx/0x8d5ed47414468e75039bc257c9256f4300e96377869b88cf6ee44211926b0daa
>To https://etherscan.io/address/0x79f7dbbfce4fd0749c7685a9f7808555828de127
>https://etherscan.io/tx/0xb012d82d68974c79153ea89d8386060dbf46324e5a0a8c09130bf6cb56c78c2d
>To https://etherscan.io/address/0xb7f274b8c1731187204e0b6d79fa5dbdb8ec44d0
>And then Finally to Binance:
https://etherscan.io/tx/0x22729aca88b59d2183426700524f5e0010ebda581f8468cf3d82a0e061982ade

SCAM

to much drama,
https://www.youtube.com/watch?v=dFPnsRB-glU

[ichanjay]

I don't know man. For me every investment is a risk. Nothing is secure. Just have to do a thorough research on every project you're eyeing to invest in.

[GeorgKrypto]

i investet in the ico... is there still no token adress to add the token to MEW ? thx

[fedrag0n]

I like that team was replying in the begining. But why don't you guys make all clear, not only some parts? I mean part about advisors connection with your company and why you don't have proper KYC, and that strange procedure with sending a photoproof of transaction. I've never seen that in proper ICOs.

[kentjyan]

I like that team was replying in the begining. But why don't you guys make all clear, not only some parts? I mean part about advisors connection with your company and why you don't have proper KYC, and that strange procedure with sending a photoproof of transaction. I've never seen that in proper ICOs.

We are still replying! Just over here >> https://bitcointalk.org/index.php?topic=2288789.0;all

Alternatively join the telegram group at https://t.me/tradoveglobalB2Btokenoffering

Best Wishes

-Kent

[ichanjay]

Why all investors want a refund? That really doesn't look good for people who just joined the telegram group and see people demanding a refund. That might hold them back.

[kentjyan]

Why all investors want a refund? That really doesn't look good for people who just joined the telegram group and see people demanding a refund. That might hold them back.

It hasn't!

We just passed US$20 million.

We offered refunds for a very limited period to combat the nonsense written on this thread and elsewhere that we were scamming. Many people who received refunds then chose to re-purchase.  I don't understand how actually returning investor's money can reduce confidence in our bona fides.

Anyway, while a thankfully small number of folks here have continued to criticise or run us down, a great many have purchased BBCoin.

Thank you to all our investors (including any who had second thoughts due to the false accusations posted here).  Your contributions will enable us to deliver a game-changing world trade B2B blockchain solution to better connect businesses around the globe.

Good fortune to you all (whether you choose to buy BBCoin or not!)

-Kent

[kentjyan]

i investet in the ico... is there still no token adress to add the token to MEW ? thx

As, we have made completely clear on our website, in our FAQ, in our FAQ on our telegram group and on our official thread here in Bitcointalk, BBCoin will be allocated to purchasers AFTER the end of the ICO at the end of February.

This might be different to other ICOs, but it has been utterly clear as our procedure since the very start.

Good Fortune,

-Kent

[kentjyan]

https://i.imgur.com/doLWQnK.jpg

[kentjyan]

I like that team was replying in the begining. But why don't you guys make all clear, not only some parts? I mean part about advisors connection with your company and why you don't have proper KYC, and that strange procedure with sending a photoproof of transaction. I've never seen that in proper ICOs.

We are accepting finds via wire transfer and in many other forms of fiat currency payment, as well as in cryptocurrency. You may be used to an ERC-20 Smart Contract system which we decided not to use. Part of the reason for that was, in fact, KYC requirements!  Most ICOs have no idea who their investors are, merely receiving funds from a digital wallet and returning tokens to that same wallet without performing any KYC at all.

We chose to register the BBCoin ICO with the SEC in the USA and voluntarily subject ourselves to potentially rigorous external scrutiny.

These decisions have left us with with a more time consuming, administratively complicated and unfamiliar series of processes than some investors are used to. But I don't regret those choices. This ICO was never targeted ONLY at the cryptocommunity. We always intended to raise significant funds from institutional and large investors who were paying in fiat currencies.

And we are cross-checking every transaction multiple times and in multiple ways.

I hope that helps clarify your question.

Good fortune to you,

-Kent

[hardalisas]

I am confident that this project is not a scam.
What concerns me is that the token seems not to be very valuable in their platform.

[kentjyan]

I am confident that this project is not a scam.
What concerns me is that the token seems not to be very valuable in their platform.

Hi hardalisas

I'm posting a discussion of how BBCoin is intended to be used in our new Blockchain platform on our official thread (where there is a much more active and lively conversation) at https://bitcointalk.org/index.php?topic=2288789.new#new

Now that we have utterly put to bed these nonsense allegations that we were a scam, we're hoping this thread will die down.

I look forward to your engagement with my comments on the use of our token in that thread.

Good fortune to you and to all,

-Kent
CEO, Tradove Inc.

[hardalisas]

I am confident that this project is not a scam.
What concerns me is that the token seems not to be very valuable in their platform.

Hi hardalisas

I'm posting a discussion of how BBCoin is intended to be used in our new Blockchain platform on our official thread (where there is a much more active and lively conversation) at https://bitcointalk.org/index.php?topic=2288789.new#new

Now that we have utterly put to bed these nonsense allegations that we were a scam, we're hoping this thread will die down.

I look forward to your engagement with my comments on the use of our token in that thread.

Good fortune to you and to all,

-Kent
CEO, Tradove Inc.

Thanks for addressing my concerns. I am still considering if I should invest.
I will take a look at your comments.

[intbicon]

thank you bro

[tronboy]

you are not Kristen and she is not in the team she just work for you as a consultant years ago!

I personaly contact 3 peoples in advisors and team with the same question:
IS TRADOVE A SCAM ?

nobody answer, simply because they don't want to have issue with you scamer.