Oyster Pearl just scammed us

[juljon18]

Oyster Pearl dev team just dumped 700k PRL and then informed everyone about a delay in the airdrop.  They are also attempting to deny they did it however the blockchain doesn't lie.  Beware guys. 

[frankbeard]

Yup.  Insider trading at it's best.  They dumped 300-700k on to the market.  The released the news.  Total BS 

[MattLawson48]

Oyster Pearl dev team just dumped 700k PRL and then informed everyone about a delay in the airdrop.  They are also attempting to deny they did it however the blockchain doesn't lie.  Beware guys. 

Thanks. That was a company I was actually looking at. Good luck.

[APICEMTECH]

WoW, I was going to get some of these tokens sometime ago. Thanks for this info. Unfortunately these kind of practices are not very uncommon in crypto but it sucks to be on the receiving end. Lesson to self- only invest what you are ready to loose and not to ever put all the eggs in the same basket.

[dashunka]

here you are fraud. although at first they were a serious company. It is necessary that the moderators blocked them. 

[Sara Khan Afridi]

I am already in this project invested in January

[runningfast]

The project creater and lead is anonymous.  I guess we know why now. 

[cheddar]

The project creater and lead is anonymous.  I guess we know why now.  

To add insult to injury Bruno Block (the annon project lead) was on telegram last night telling us how he just got finished talking with kucoin.  In the next 12 hr period he dumped then announced the bad news.  So he 100% knew before the dump.  The Telegram mods are in there trying to deny it but you can follow the dev wallet transactions.  So its fairly bad that they are denying this happened.  

Here is the proof

https://etherscan.io/token/0x1844b21593262668b7248d0f57a220caaba46ab9?a=0x6664650f564a4cb65abeadce4b84b81bd9a570b7

[BUSTEDCLUB]

Almost every anonymous dev do this to their project. I dont know why they do that, i mean they can make a good profit if they just running the bussines like they used to be.

edit: but total supply is 98m anyway 700k is nothing

[Bosonnary]

There is a lot of scam on the ICO market now. You need to be ready for the scam 30-50% new ICO.

[cheddar]

Almost every anonymous dev do this to their project. I dont know why they do that, i mean they can make a good profit if they just running the bussines like they used to be.

edit: but total supply is 98m anyway 700k is nothing

What happens when you dump the 700k  then tell the negative news?  The problem isn't so much the 700k.  Its the insider trading.  The damage to the project is now done. 

[suburban123]

It was a project for which I had really high hopes. I've been following them since the very beginning of October and, surprisingly, this is the turn of the team. Well, this once again confirms that the main criterion for choosing a project is the team, because you decide with which team you move on.

[Selly Arumsari]

Oyster Pearl dev team just dumped 700k PRL and then informed everyone about a delay in the airdrop.  They are also attempting to deny they did it however the blockchain doesn't lie.  Beware guys. 

i think just make happen with down price, but i think oyster pearl going back with stable price after reach high price in few month ago
it support by bitcoin price down so make PRL price difficult to up

[velvetsunset]

Even worse is Pearl announced Kucoin was going to support the airdrop (Kucoin has not announced it yet) of Shell which raised the price.  They then dumped into that buying.  So shady.  

[alexbs]

This is very strange !

I believed in the project from the beginning because I thought the idea that website visitors contribute a small portion of their CPU power to enable users' files to be stored on a decentralized and anonymous ledger, is something very innovative. The fact that is based on IOTA Tangle make it even more special and with huge potential.

Better wait maybe clarifications from the developers and wait for the airdrop scheduled on 13th April.

[左]

Even worse is Pearl announced Kucoin was going to support the airdrop (Kucoin has not announced it yet) of Shell which raised the price.  They then dumped into that buying.  So shady.  

That sucks, but I never really trusted those guys.
Scammers are gonna scam.

[bigcash2011]

This is always a risk with these new projects and icos, it may not be scam but it is a fact that the team and owners that hold their portion of tokens can dump them anytime sooner or later effecting the price badly.

[bananapeelfeed]

Is this FUD or real? Cause if it's real, that's sad. I myself was considering investing in this but just never pulled the trigger.

[runningfast]

Ugh.  I believed in this project so much.

I will never trust a project where the leader remains under cover.  I'm realizing now why he remains behind a mask.  These projects (aside from bitcoin) never work out where the main leader hides his identity.  I feel silly now for falling for this one.  

The scary thing is he took 6 million out of the dev wallet.  So there is going to be huge pressure on this thing for a good long while. 

[Nagricoin]

The project creater and lead is anonymous.  I guess we know why now. 

Yeah
Why people invest in anonymous projects?