While innovators in the blockchain community drive the world forward, the scammers sharpen their schemes. The newest technique can be effectively dubbed the “copy-and-paste.”
Token purchasers must now ask themselves, “Is my favorite token launch an counterfeit of a functional product?” That’s right, gone are the days of the cloned site on a slightly different URL. Now, the cockroaches of the startup world have begun copying entire sites and “rebranding” the materials to begin a duplicate “launch.”
Imitation is the ultimate form of flattery. Unless it involves plagiarism and fraud. A new “ICO” called Atomvilla has literally stolen word-for-word, the content from Deedcoin’s website and whitepaper. First, let it be known that Deedcoin is in no way affiliated with Atomvilla, and the content stolen was originally produced by Deedcoin, and then butchered by a novice graphics editor, assumedly on the Atomvilla team.
“Deedcoin is in no way affiliated or connected with Atomvilla. They are not real, they have no national broker network, no platform, and I doubt even a token,” Deedcoin Founder Charles Wismer said, after having read the counterfeit white paper riddled with new logos and token symbols. “This is not a college essay. Plagiarism in crypto will not be tolerated and we will take aggressive action immediately.”
Phillip Mrzyglocki, Deedcoin’s Media Director commented, “The only intelligent choice these people made was ripping off a legitimate and vetted project.”
Atomvilla also makes references to SEC registration and legal representation that are false. Atomvilla uses copied SEC information, and states in the copied material that they are represented legally by Thomson Bukher LLP, Deedcoin’s legal counsel. This continues to confirm throughout their whitepaper that they are literally copying Deedcoin information word for word, simply replacing Deedcoin with Atomvilla in the copied text. Thomson Bukher LLP does not currently, and has never represented Atomvilla in any way.
Tim Bukher at Thompson Bukher LLP has said, “Atomvilla is in no way related to our firm. They have simply plagiarized Deedcoin, a client of ours, and copied their content. We only work with positive projects, and have warned the rest of our clients about this activity. Token purchasers must be careful in the future, search Google for exact sentences, and vet projects carefully with these new schemers trying to defraud the marketplace.”
They made no keen attempt to hide the fraud, using the exact same graphs and charts throughout the whitepaper stolen from Deedcoin. Atomvilla also claims to have the same national network of brokers throughout the U.S., like Deedcoin. Deedcoin in fact has a real estate broker/agent network representing 150 cities, across all 50 States and Puerto Rico. The legitimate Deedcoin website, and its original content is located at
www.deedcoinlaunch.com. For a good laugh, the Atomvilla site can be Googled, but will not be linked to from this article.
