Hello,
I came across a possible scam ICO that I thought I’d warn you all about – Mobilink.
There have been already several people raising the alarm here on Bitcointalk and other websites, I advise you do a quick search on Google for “Mobilink scam” to see all the articles.
Now even the company that has provided them with the Turnkey solution has terminated the contract with them and it’s warning that this is most probably a SCAM.
I strongly suggest you read their press release on the matter:
https://tokenget.com/tokenget-terminates-the-deal-contract-agreement-with-mobilink-due-to-scam-suspicion/Some of the most important findings are:
• Based on the numbers shown on the Mobilink’s dashboard, turns out that $4,945,033 of the allegedly raised $5,581,549 are received by wire transfers. That’s 88.60% of the total raised.
• Mobilink refused to pay the % of the raised funds based on the agreement with the service provider TokenGet, giving as a reasoning that they have not received the wire transfers at all (!!!)
• Even if we were to ignore the 2 points above, Mobilink still hasn’t reached the Soft Cap and they should return all funds to the investors – something that they are not acknowledging.
Please always do your due diligence! A quick look at their website also shows loads of incongruences. They state that their score on ICO reviews websites are above 4, when in fact on these websites the score of the project is barely more than 3 points and it’s deemed as a risky ICO. They have recently removed all their team members LinkedIn links and a more detailed search about the team members comes up with no history or information about them before the Mobilink project.
We all need to unite and fight against the scam ICOs like Mobilink that are ruining the reputation of the crypto community as a whole.
