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Author Topic: [ANN] Payger - Payment + Messenger  (Read 1845 times)
inrage
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April 07, 2018, 10:06:34 PM
 #101

It's an exit scam. Blockpay is defunct with the assets stolen by Christoph Hering and Ken Code.

https://www.investopedia.com/tech/whats-cryptocurrency-exit-scam-how-spot-one/

Payger is a different entity: a different token and a different project with no funds.
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inrage
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April 10, 2018, 11:34:12 PM
Last edit: April 10, 2018, 11:50:13 PM by inrage
 #102

We will see how this blockpay token crowd funding plays out in the 2nd half of 2018, with a later conversion into payger tokens.

It would be interesting to know how/why pie777 always relays statements that are not from himself. Needless to say that Christoph Hering never provided any meaningful information about the tokens since they were incepted based on fraudulent claims and misrepresentation. I had posted enough details about that. Ken Code is a scammer, and the effect of it was the non-existing Blockpay software as a whole. No PoS, no Stealth, no finished wallet, no API, nothing. Yet Christoph Hering took all funds out of the fraudulently declared escrow, conversed them and declared that only 110BTC were left at some point of time (even that was a wrong figure). The Herings effectively distributed the funds between themselves and Ken Code, that's a recognized scenario of an exit scam. There is no convincing reason for the declared so called rebranding (criminal misrepresentation) of Blockpay, Payger made the situation even worse. Now we hear something that the Payger token will be converted from Blockpay somewhere in the future on unknown terms. Without going into further details, that's an unbinding promise, and thereby in effect a fraud. How can the Herings claim they did anything that was consented, or even remotely announced before the pre-ICO? It is an investment scam, investors are treated as donors for gifts to the Herings and Ken Code, with absolutely no relation of development costs and stated purpose with the actual spending of the funds. Ken Code is a serial fraudster with a search warrant who scammed at Blockpay, Christoph Hering is co-beneficiary and complice of that fraud.  
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April 11, 2018, 12:21:56 AM
Last edit: April 11, 2018, 06:01:49 PM by inrage
 #103

FUD is what pie777 is doing, because it represents the factual position of the Herings while they are absent.

Not being present and neglecting due duties that come with the responsibility of exercising the role of investment takers and executives of corporate entities (including the entity Blockpay that was founded by them as a cryptocurrency project with certain binding rules) is what pie777 should be concerned about. So called development newsletters with no verifiable information are not a substitute for investors rights on disclosure of the financials and true corporate affairs of the actual entities they have invested in.

Dr. Wolfgang Hering is a scumbag, he is corporate council of the Bitshares Foundation. This criminal was directing the measures that led to the current situation. He is rigging Bitshares as a platform by creating a precedent for ripping off investors and filling the pockets of scammers, in particular those of his son. They could have ended the project when it failed and when they became fully aware of the development scam, instead they abused the situation and stole the funds.

It couldn't have worked out for them if they had founded a conventional corporation in stocks. A cryptocurrency project is not an exception under the law, in particular in Germany where they are located.
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April 11, 2018, 06:09:35 PM
 #104

The scumbag Dr. Wolfgang Hering drafted an invalid contract for handing over the shares from Rodrigo Crespo, explicitly circumventing a paragraph of the civil law in Germany. It is one of the deliberate fraudulent acts in the process of stealing investors funds by means of laundering steps.
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April 20, 2018, 05:30:56 PM
 #105

This thread will be closed as we are giving latest updates about Payger on our other channels. We made great progress with the development of Payger Wallet. We will announce more news soon via our social media channels and our newsletter. You can find the latest updates on our

Website: https://payger.com/

Medium blog: https://medium.com/@PaygerHQ

Facebook Fanpage: https://www.facebook.com/PaygerHQ

Twitter Account: https://twitter.com/paygerhq


Looking forward to staying in touch with all of you!

Visit us at www.payger.com
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