Scam oyster PRL

[ciacio84]

Yet another scam of the world crypto oyster is a scam ... the dev sold for $ 300,000 of Prl and ran away with the money ...

[Fulmand]

Yet another scam of the world crypto oyster is a scam ... the dev sold for $ 300,000 of Prl and ran away with the money ...

That's a big problem if it's true mate, and I hope there's a proof or link for this scam statement raised here. As far I know this project has been doing well last year and yet my friend who hold this type of coins sold at around $19K last year at cryptopia. I just hope that this news wouldn't be true and the dev won't ran out the money, because many people still trust the platform of this crypto.

[mummybtc]

Yet another scam of the world crypto oyster is a scam ... the dev sold for $ 300,000 of Prl and ran away with the money ...

Where is the proof of this? if this is true then who to believe in the space, for I know a firend that is very bullish on the project by now he would be devastated investing long in the project because he made the mistake of not taking profit when the price went to $1 ans since has been expecting the price to bounce back but nothing  yet

[ciacio84]

The boss has sold three million tokens .... he has always maintained anonymity .... why because the project was just a scam ..... he escaped with $ 300,000

[CuriousGeorge]

Yet another scam of the world crypto oyster is a scam ... the dev sold for $ 300,000 of Prl and ran away with the money ...

That's a big problem if it's true mate, and I hope there's a proof or link for this scam statement raised here. As far I know this project has been doing well last year and yet my friend who hold this type of coins sold at around $19K last year at cryptopia. I just hope that this news wouldn't be true and the dev won't ran out the money, because many people still trust the platform of this crypto.

You must visit PRL smartcontract and that's enough to be considered as a very strong evidence if PRL just like another scam project. They didn't even disable the code that used to open the crowdsale. What a joke and the developers look so amateur. these guys are even doin nothing.

[consideritdone]

warned https://www.coingecko.com/en/coins/oyster dont do anything with this coin

[Crypto_lion]

Yet another scam of the world crypto oyster is a scam ... the dev sold for $ 300,000 of Prl and ran away with the money ...

It has not been proven that it is a scam.All we know is that there was a big in the smart contract and it was exploited.The team has put out a blog explaining it.

[Froganz]

I really hope that this news is not true. all the same, I invested in it a certain amount of money in the hope of profit. I would not want to part with this money

[sockpuppet1911]

Now would be a great time to ditch that godawful brand/image/name/logo and rebrand to something sexier.

[Kruncha]

All projects that need money are normal. In the end, we need workers and money for project development.

[demenBTC]

Yet another scam of the world crypto oyster is a scam ... the dev sold for $ 300,000 of Prl and ran away with the money ...

It seems that this is not fraud as you mentioned, they are still there and running as usual, oysters only have a price reduction of up to 24%, the statement on this blog might be clearer for you to see https://oysterprotocol.com/oyster-update/

[sergiorus]

it is still has $4.5M+ marketcap which is not so bad. Hence I doubt it is scam. Maybe their smart contract has been hacked or something like that. Maybe someone from dev team has tried to steal all the coins. Idk but I don't believe it is scam for now

[Zadicar]

Yet another scam of the world crypto oyster is a scam ... the dev sold for $ 300,000 of Prl and ran away with the money ...

One of its developers had backdoored and using up the contract to snipped out PRL without getting the KYC restrictions on Kucoin.His name is Bruno as far as I remembered.
Its either this incident is fully the truth thing or just an another assuming hacking incident with some mix of inside job.Who knows the possibilities?

[cuenzy]

Yet another scam of the world crypto oyster is a scam ... the dev sold for $ 300,000 of Prl and ran away with the money ...

It seems that this is not fraud as you mentioned, they are still there and running as usual, oysters only have a price reduction of up to 24%, the statement on this blog might be clearer for you to see https://oysterprotocol.com/oyster-update/

Yes it clearly says that it's an inside job by the creator himself. Too bad he didn't do it when the PRL was at its peak price. If then happened it will go haywire and turned back millions of $. I wonder what does he thinking.

[ciacio84]

The price was pumped in the last month of 400% .... to sell the 3 million token at a good price ... Bruno can not have done everything by himself ..... it's a scam organized by more ' people


In my opinion the whole team is involved ..... but they put the blame on the anonymous Bruno

[ChiNgadOr]

I warned about this yersterday...  https://bitcointalk.org/index.php?topic=5059615.0
it seems an inside job..

makes me remember the great and honest Michael Stollaire from Titanium... when suddenly "someone" stole half of the supply and sold BAR at market price.. from 3,81$ to 0,000000000$ in no time. hope he is rotting in jail

[Mavzi]

Let's wait for tomorrow and official announcement from PRL team or announcements from top exchanges... I guess PRL is not a scam.

[Bowtiesarecool]

Completely baffles me how they could have overlooked that mint function despite having their smart contract audited thrice. Either the companies that audited the contract are grossly incompetent or there's a collusion somewhere.
Don't know which is more terrifying.

[o_e_l_e_o]

They were revealed to be a complete scam months ago when they dumped on the market: https://bitcointalk.org/index.php?topic=3243495.0

Why would anyone still be invested in this obvious scam? You either haven't been paying attention to the news about what your are holding, which is stupid, or you did pay attention and you chose to ignore it, which is even more stupid. If you can't keep track of what's happening with the all the coins you own, then you own too many coins. If you ignore all negative news as "FUD" then you are overly emotional with your coins and you probably shouldn't be in crypto at all. You need to be able to weigh up all the information and news, good or bad, and make an informed decision. They scammed before, so why wouldn't they scam again? You either didn't know or didn't care. Either way, that's the wrong mindset to be in crypto.

Worth pointing out that Substratum has the same vulnerability in its smart contract. They can create a ton more SUB out of thin air any time they want and dump it on the market. They also still have access to supposedly "burned" coins - they never burned them at all, just transferred them to another wallet which they promise they won't use: https://etherscan.io/address/0xd41d37f9865cc121f71957e6eafb09cbdc98d6c3#tokentxns

[kolonel_x]

I saw yesterday that PRL was deleted on the idex market, maybe everything will be fine. Let's just wait how later the dev performance if PRL is really just a smart contract is corrupted.I hope everything is fine