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Author Topic: Accusing RYO currency of scamming.  (Read 50 times)
Skyzer0
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October 08, 2018, 10:10:35 PM
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RYO, a currency that were supposed to back up Sumokoin users after Fireice actively tried to steal Sumo and take over sumokoin from sumo developers, Read more here https://medium.com/sumokoin/all-truth-and-fud-on-sumokoin-project-7af6d1a03eb0

Fireice promises 2500 ryo to every developer working on the project (Currently 3) Giving themselfs 25 000 Ryo every week to dev fund, Devs gets 7500 and Fireice takes the rest 17 500 every month.

Dev wallet RYoLshTYzNEaizPi9jWtRtNPtan5fAqc3TVbyzZDWghLY99eXivKD1XQMseVyJQ1kD5FXDvk4nHqpUX BTMCm5aqmQU8tHaN51Wc

Viewkey 34d6b7155d99da44c3a73424c60ecb0da53d228ed8da026df00ed275ea54e803

Every +2520 block from block 161500 he generates 25 000 new ryo to the dev wallet.

https://explorer.ryo-currency.com/myoutputs/1f645ec5981afbb07e7091650399c8fc75e8ce2238a032805e66fafc90fd9133/RYoLshTYzNEaizPi9jWtRtNPtan5fAqc3TVbyzZDWghLY99eXivKD1XQMseVyJQ1kD5FXDvk4nHqpUXBTMCm5aqmQU8tHaN51Wc/34d6b7155d99da44c3a73424c60ecb0da53d228ed8da026df00ed275ea54e803
https://explorer.ryo-currency.com/search?value=164020

https://explorer.ryo-currency.com/search?value=166540

etc

1, Promise to burn the Sumokoin pre mine, they lated forked it back and is now distributing it over time to themselfs, every month there is mined 100k ryo, the pre mine gives them 22% of all new generated coins.
2, They are actively faking the RYO Price and RYO market by buying RYO Themselfs and generating false marketting numbers, they are currently doing this to attract more traders/investors in order to then Dump their stacked up coins

They have a Troll / Insulting Telegram Chat towards Sumo, where all developers of Ryo are currently active, insulting and trolling, including FireIce the creator of XMR Stak and RYO
https://t.me/ryo_trolling


This coin is a scam, devs are selling everyday on cryptopia at between 1900-1500 price and actively buys back at 1000-1400 price, investors who are buying this currency loses their money and the project has only been up for a couple months, it is only a sideproject where their only goal is to generate enough interest to then Sell everything and then disband within H1 2019.

Cryptopia and Tradeogre should remove this currency with a 30 day warning.
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FIEX
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October 09, 2018, 08:09:13 AM
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Thanks for pointing this out!
Never trusted this project.

Not sure if it helps to post it here. Think you better contact the exchanges directly.
Good luck with this.

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